Blockchain Escrow: A Better Alternative to Traditional Systems

This title was summarized by AI from the post below.
View profile for Johnson Kaniampurath

AI-Driven Digital Transformation | BFSI Technology Leader | Enterprise Architect | AI/LLM Practitioner | Equities & Crypto Markets Enthusiast

For years, organisations have built or licensed escrow platforms to manage conditional payments. These systems work — but they are costly to maintain, require a trusted intermediary, and are limited by traditional infrastructure. With blockchain, we now have a better alternative. A smart contract-based escrow (e.g., on Ethereum) can hold funds transparently, release them automatically when conditions are met, and create an immutable audit trail — all without a central intermediary. Faster. Leaner. Trust-minimised. To me, this is one among many practical enterprise blockchain use cases — assuming regulatory clarity keeps pace. Is it time for escrow to go on-chain? Curious to hear views from fintech, compliance, and blockchain leaders. #Blockchain #SmartContracts #Ethereum #FinTech #Web3 #DeFi #Innovation #DigitalTransformation #FutureOfFinance #Escrow #RegTech

Parimal Jadhav

CPTO & Co-Founder | Responsible AI, Product & Engineering Leadership

3w

IMO, On-chain escrow fits well for use cases like milestone payments or multi-party settlements. But governance and compliance are still sticking points. Until smart contracts plug neatly into legal frameworks, we’ll keep seeing hybrids blockchain for transparency, intermediaries for accountability.

Deepak Prasad

Senior Vice President – Business Digital Technology System | Driving Digital Banking Transformation | Tech + Strategy | YES Bank

2w

Great post, Johnson! 👏 Totally agree — smart contract-based escrow can really simplify things by removing middlemen and making the whole process faster and more transparent. As Parimal mentioned, governance and compliance will be key for wider adoption, but the potential here is huge once the regulatory side catches up. Exciting times for blockchain in enterprise use cases! 🚀

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