Platform Architecture

Escrow System:

  • Automated Contracts: Smart contracts act as impartial mediators in transactions.

  • Condition Verification: Ensures asset delivery and ownership verification before funds are released.

  • Dispute Resolution: A decentralized arbitration system resolves issues transparently.

  • Multi-Party Transactions: Supports complex exchanges involving multiple stakeholders.

Blockchain Infrastructure:

PROPS Protocol is built on the Solana blockchain, chosen for its scalability, low transaction fees, and robust ecosystem.

  • Asset Tokenization Process:

    • Non-Fungible Tokens (NFTs): Represent unique assets like real estate or collectibles.

    • Fungible Tokens: Represent divisible assets such as gold or shares of property.

  • Decentralized Storage: Asset data is stored on decentralized solutions like IPFS, ensuring transparency and immutability.

  • Smart Contract Functionality: Custom smart contracts handle escrow, ownership transfers, and compliance for secure transactions.

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