Our Online Escrow Development Process
At QSS Technosoft, we follow a proven, transparent, and secure multi-step process to deliver trusted online escrow services for cryptocurrency transactions, digital goods, domain names, and more. Each step is engineered to ensure secure payments, fraud prevention, and complete user satisfaction.
Client Consultation & Requirements Gathering
We begin with a detailed consultation to understand your specific business needs—whether you're a crypto exchange, NFT marketplace, or digital service platform. This helps us tailor our escrow platform to your use case.
- Define type of transactions (crypto, digital goods, domain names, etc.)
- Assess volume, frequency, and complexity of the transactions
- Identify compliance requirements like KYC/AML
Escrow Account Architecture & Planning
Based on your needs, we design a secure escrow account model that supports fund holding, milestone-based releases, and automated verification systems.
- Choose between centralized, decentralized, or hybrid escrow
- Setup of temporary fund-holding wallets
- Define rules for release conditions
Smart Contract Development
We develop Ethereum-based smart contracts to govern every transaction between buyer and seller—automating fund holds, release triggers, and dispute resolution.
- Fully audited smart contract logic
- Escrow duration and expiry settings
- Escrow triggers based on predefined terms
KYC/AML Integration
We integrate a robust KYC (Know Your Customer) and AML (Anti-Money Laundering) module to verify all parties involved, mitigating risks like identity fraud or unauthorized access.
- ID verification using global standards
- Continuous monitoring of suspicious transactions
- Document upload and verification interface
Platform Development & Escrow Workflow Setup
We build the complete backend and frontend flow of your online escrow company—customized to your brand, audience, and workflow.
- Buyer initiates payment ➝ funds locked in escrow
- Seller delivers the product/service ➝ proof submitted
- Upon verification, funds released to the seller
Testing, Compliance & Deployment
Rigorous testing ensures all functionalities work seamlessly, while compliance audits confirm adherence to financial laws and cryptocurrency guidelines.
- Smart contract security audits
- Transaction stress testing
- Deployment on your preferred blockchain (Ethereum, BSC, etc.)
Ongoing Support & Optimization
Post-deployment, we provide dedicated support, maintenance, and periodic updates to scale your platform and ensure smooth performance.
- Bug fixes and feature enhancements
- Escrow flow analytics and reporting
- Upgrade support for blockchain and KYC tech