The objective of this project is to develop a secure escrow-based payment system that holds funds until transaction conditions are fulfilled. The system ensures secure dispute resolution and protects buyers and sellers in online marketplaces.
Study escrow payment models and dispute resolution workflows.
Identify risks in peer-to-peer marketplace payments.
Design escrow account management modules.
Implement secure fund holding and release logic.
Integrate authentication and transaction verification mechanisms.
Develop dispute resolution request workflows.
Maintain secure transaction logs for auditing.
Simulate buyer-seller transactions with dispute scenarios.
Evaluate system fairness and security effectiveness.
Analyze scalability for large marketplaces.
Document operational and compliance challenges.
