Subcontractors see the payment before they start.
Construction. Each package is paid into its own escrow before work begins. The subcontractor can check it is there, and nobody can move it except to them or back to the buyer.
Public rails for work and payments.
BitRegalo is decentralised infrastructure. People and organisations agree on the work and the price, and a public contract enforces the deal. Nobody in the middle holds the payment, not even us.
Escrow #1042 · Roof framing, stage 2
Held12,500.00USDT
Locked in the contract
Neither side can spend it. Three things can happen next, and only three. Try them.
How it works
The same three steps whether one person is paying another or an organisation is running its own marketplace.
Agree on the work
What is to be done, for how much and by when. Through a request, a listing, or directly between two people.
Settle the payment
Hold it in escrow until the work is done, pay straight away, or simply record the deal with no payment at all.
Keep the record
Every step is a public record, signed by whoever took it: on the BitRegalo network, or under the organisation's own workspace.
Four building blocks, one set of public contracts
Each does one job, and they fit together. A request or a listing settles who does the work and for how much. An escrow holds the payment until it is done. A workspace holds all of it for one organisation.
Workspace
An organisation's own copy of the infrastructure. Everything done inside it is recorded under it. Used by organisations that run a platform, a programme or a supply chain.
- Its own contracts
- Rules and fees
- Currencies it accepts, such as a local stablecoin
- Tokens
- Shop
- Treasury
Requests (RFP)
“I need this.” Suppliers answer with a price and a time, and the buyer chooses one offer.
Used by buyers who want to compare prices, from a household job to a building package.
Listings (RTS)
“I offer this.” A fixed price and delivery time, open to anyone or to one named buyer.
Used by suppliers who sell a set job or product.
Escrow
Holds the payment until the work is done. Then only three things can happen to it:
- Release:
- the buyer pays the supplier.
- Hand back:
- the supplier returns it to the buyer.
- Deadline passes:
- it can only go back to the buyer.
A request or a listing can also be paid straight away, or just recorded, with no payment at all.
Used by anyone paying for work before it is delivered, including one person holding a payment for another.
The BitRegalo network is BitRegalo's own workspace, open to everyone. An organisation can run its own.
Two ways to use it
On your own, on the BitRegalo network. Or as an organisation, in a workspace of your own.
The BitRegalo network
For anyone, anywhere. Open the app and start: no organisation needed.
- Send a payment
- Pay someone or send a gift in USDT, with a reference and a receipt.
- Hold a payment for someone
- Lock it in escrow until the work is done.
- Ask for something
- Post a request. Suppliers send a price and you choose one.
- Offer something
- List what you do or sell at a fixed price.
Requests and listings meet in one marketplace you can browse by country. Between people, the everyday currency is USDT. On the practice network it is tUSD, which is free.
A workspace for your organisation
Your own copy of the infrastructure: your own contracts, rules and fees, the currencies you accept (a local stablecoin, for example), and your own tokens, shop and treasury. Everything done inside it is recorded under your workspace, and you run it as its admin.
For example:
An NGO platform that releases aid on delivery
Donations wait in escrow and are released to the local supplier when the aid arrives. The platform accepts a local stablecoin, and donors can see every amount and when it moved.
A construction marketplace that pays subcontractors through escrow
Head contractors post a request for each package. Subcontractors answer with a price and a time, and the chosen offer is paid into escrow before work starts. The marketplace sets its own platform fee.
No one else can touch the payment. Not even us.
Traditional escrow asks you to trust an agent. Here the agent is a public contract, and an escrow has only three outcomes.
- Released
- The buyer releases it. The supplier is paid.
- Handed back
- The supplier hands it back. The buyer has the full amount again.
- Returned
- The deadline passes with no decision. The payment can only go back to the buyer, and anyone can trigger that.
TopicTraditional escrowBitRegalo
Who holds the paymentTraditional: An agent, a bank or a platformBitRegalo: A public contract. Never BitRegalo.
What you rely onTraditional: The agent's honesty and solvencyBitRegalo: Rules anyone can read
If nobody decidesTraditional: It waits on the agent or on arbitrationBitRegalo: After the deadline it can only go back to the buyer
RecordsTraditional: Statements on requestBitRegalo: Public records, as they happen
BitRegalo never takes custody, and neither does a workspace admin. A held payment can only go to the supplier or back to the buyer.
Where it fits
Donate into escrow. Release on delivery.
Nonprofits and donations. Each contribution is a public record from pledge to release. Donors see where it sits and when it moves.
- Freelance and milestones
- Each milestone goes into escrow before work starts and is released on acceptance.
- Cross-border trade
- Two parties who have never met agree a price, and the payment waits in a contract until delivery.
- People across borders
- Send a payment or a gift in USDT to someone in another country, with a reference and a receipt.
- Grants and allocations
- Every allocation is visible. Whatever is not released can go back to the funder after the deadline.
A protocol, not a promise.
Every rule on this page is carried out by published contracts you can read and check. The documentation sets out each one.
// once an escrow holds the payment
vault.release(id) // buyer only: pays the supplier
vault.cancel(id) // supplier only: hands it back
vault.expire(id) // anyone, after the deadline: back to the buyerBuilding on BitRegalo? Talk to us.
A workspace for your organisation, with its own rules and currencies, or a question about the protocol: write or call. No forms.
Want the detail first? Read the documentation or open the app.