Secure Contracts ⛓
Last updated
Last updated
When it comes to freelancing, especially in a global marketplace, trust is the foundation of successful collaborations.
At Sorbet, we understand the challenges freelancers and clients face when dealing with international payments and projects.
That’s why we’ve built a Secure Milestone-Based Escrow system, designed to protect both freelancers and clients, ensuring that payments are made only when the work is completed to everyone’s satisfaction.
Step 1: Once a project is initiated, the client deposits the agreed-upon funds into the escrow account, which is then locked in the smart contract.
Step 2: The freelancer completes the project based on the agreed-upon terms.
Step 3: Once both parties confirm satisfaction with the work, the smart contract automatically and instantly releases the funds to the freelancer.
The blockchain-powered escrow system is built on the Base blockchain, ensuring that funds are held securely in a third-party account until both parties agree that the project has been completed. This eliminates the risks of premature payments or disputes, creating an environment where trust and transparency are embedded in every transaction.
The system uses smart contracts—self-executing contracts with the terms of the agreement directly written into code. When a client hires a freelancer, the agreed-upon payment is placed in escrow, locked securely in a smart contract. The funds remain there until the freelancer completes the project to the client’s satisfaction. Once both parties confirm, the payment is released to the freelancer.
Neutral and Safe: The funds are held in an escrow account, so neither party has control over them until the project is completed. This neutral position ensures that neither party can manipulate the payment process.
Smart Contract Efficiency: Sorbet’s escrow system operates through trustless smart contracts, eliminating the need for traditional intermediaries like banks or third-party platforms. Once the project is finished and both sides are satisfied, the payment is automatically released, making the process faster, more efficient, and less prone to human error.
Global Trust: Cross-border freelancing can be complicated, but with Sorbet’s escrow system, freelancers and clients can work confidently together from anywhere in the world. The blockchain provides a transparent and immutable record of transactions, ensuring that both parties are protected.
Freelancing across borders often comes with the risk of delayed payments, miscommunication, or even non-payment. Sorbet’s Secure Blockchain-Based Escrow resolves these issues by holding funds in a secure environment where both freelancers and clients have peace of mind. This fosters trust in international collaborations, allowing both parties to focus on what truly matters—the work.
The decentralized nature of Sorbet’s escrow system ensures that there’s no need for middlemen. By using blockchain technology:
Transparency is guaranteed: All transactions are visible and traceable on the blockchain.
Immutable records: Once recorded, details of the payment and agreement cannot be altered, adding an extra layer of protection.
Automation: Smart contracts automatically execute the release of funds based on pre-agreed conditions, eliminating the need for human involvement and reducing the chance for disputes.
Sorbet’s Secure Blockchain-Based Escrow system integrates seamlessly with your freelancing workflow.
Whether you’re completing short-term projects or long-term collaborations, our escrow feature adapts to fit the needs of both clients and freelancers.
The smart contract terms are flexible, ensuring that every aspect of the job is covered, from milestones to final delivery.
Freelancers often hesitate to work with international clients due to concerns about payment security and contractual enforcement. With Sorbet’s blockchain-based escrow system, those fears are eliminated.
No matter where your client is located, you can collaborate with full confidence that your payment is secure, giving you the freedom to expand your business globally.
With Sorbet’s Secure Contracts, you can focus on your work without worrying about payment disputes. It’s trust, efficiency, and protection—all in one place.
