▶ The-Escrow-Smart-Contract
Decompiling core security module: [Escrow]... This is not a bank account. This is autonomous code. This is the heart of trust on SMT. █
> Human error and bad faith are the biggest risks in P2P commerce.
> Our Escrow Smart Contract is the system's solution.
> It is an impartial, automated vault governed by pure logic.
> query: what_is_a_smart_contract
A Smart Contract is a program that runs on the blockchain. Once deployed, its code is immutable—it cannot be changed, tampered with, or controlled by anyone, including the SMT team. It automatically executes actions when specific, predefined conditions are met.
> query: how_smt_escrow_works
Our Escrow Smart Contract is designed with a simple set of rules:
- Condition
A
(Payment): A buyer sends the agreed-upon amount of cryptocurrency to the smart contract's address.- Action: The contract takes custody of the funds and locks them. It then signals to both parties that the funds are secure.
- Condition
B
(Confirmation): The buyer sends a confirmation signal to the contract, verifying that the goods/services have been satisfactorily received.- Action: Upon receiving this signal, the contract's code is triggered to automatically and immediately transfer the locked funds to the seller's wallet address.
There is no human intervention. The contract only knows the rules. It cannot be persuaded, bribed, or make an error. It simply executes its programmed logic, ensuring a fair outcome based on the parties' on-chain actions.
> Trust the code.
> The Escrow Smart Contract is your impartial arbiter in every transaction.