Igloo Escrow

A peer-to-peer escrow platform.

Las Vegas

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Image-1
Image-1

Technologies Used

Redis
Swift
Python Flask
Heroku
Advanced Python
PostgreSQL
VISA Apis
pullfundstransactions
pushfundstransactions
watchlistinquiry

Project Team

Alice Yepremyan
Developer
Pablo Tostado
Developer
michael wiest
Entrepreneur Developer
alextran176
nathan
Developer

This team is looking for

Product Manager Investor
REQUEST TO JOIN

About

We take the risk out of buying goods and services from strangers online by acting as a third party to ensure all transactions are safe and fair. Users create a transaction, invite another user to participate, and once both parties agree to the terms, the escrow period begins. Simply, Igloo holds the money until the purchasing party is confident that they have received what they paid for and ensures the seller that the money they are receiving is legitimate. By leveraging Visa's Watchlist and VisaDirect APIs, Igloo guarantees users that the parties they are dealing with are trustworthy and that they can get their money back if the deal goes south! Moreover, the seller has 100% confidence that they are getting real money in real time -- igloo will check for you! Here's an example: Pablo is offering his services to renovate a house. Alice doesn't want to front thousands of dollars before being sure of the quality/completion of the work. Pablo doesn't want to start work without knowing he will get paid. Pablo and Alice enter into an agreement through Igloo. Once the agreement is made Alice is charged Pablo's fee and Igloo holds that money. After the job is done, Alice has three days to check the agreement was fulfilled, after which Igloo transfers funds to Pablo. Everybody wins! Igloo is accessible anywhere because it lives in the cloud so you can transact safely and confidently anytime. For today's demo, you will see its power in an IOS application. Escrow traditionally is only available to wealthy parties dealing in large amounts of money. Igloo is here to democratize transactional confidence and bring this peace of mind to everyone. VISA API: pullfundstransactions, pushfundstransactions, watchlistinquiry

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