Development of a Cardano-Based MultiParty Escrow (MPE) System

A Cardano-based MPE system enabling secure, on-chain payments and flexible payment channels for AI service transactions.

SingularityNET October 15, 2024

Type

SingularityNET RFP

Total RFP Funding

$40,000 USD

Proposals

Awarded Projects

Content

Short summary
Main purpose

Overview

Proposal Winners
Single
Max Funding / Proposal
$40,000 USD

Awarded Funding History

AWARDED PROJECTS	FUNDING AWARDED	ACTION
TxPipe MultiParty Escrow	$ 36000 USD	View

Short summary

The MultiParty Escrow (MPE) smart contract is a critical component of the SingularityNET platform's integration with the Cardano blockchain. Designed to manage payment channels within SingularityNET’s Decentralized AI Platform and AI Marketplace, this contract enables secure, decentralized transactions between clients and AI service providers. By leveraging Cardano’s Extended UTxO (EUTxO) model, this solution facilitates efficient and trustworthy interactions, ensuring streamlined payments for AI services.

Main purpose

The RFP aims to implement a MultiParty Escrow (MPE) on the Cardano blockchain, designed for managing payment channels in SingularityNET’s Marketplace. This solution will facilitate secure, decentralized transactions between clients and AI service providers, utilizing Cardano’s Extended UTxO (EUTxO) model.

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1 Projects

Completed

TxPipe MultiParty Escrow

Type SingularityNET RFP
Funding Awarded $36,000 USD
RFP Guidelines Development of a Cardano-Based MultiParty Escrow (MPE) System

Manu Gunther TxPipe

Dec. 8, 2024

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janhorlings

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