How RahaKaitse Smart Contract Escrow Works, Step by Step

RahaKaitse uses smart contract automation to act as a neutral intermediary for funds — removing the need for either party to simply trust the other. Here's exactly what happens from start to finish.

Step 1: Agreement

Buyer and seller agree on the item, price, and terms directly on Kaubaplats, just like any other listing. Once ready, the buyer chooses to proceed with RahaKaitse protection instead of a direct payment.

Step 2: Deposit

The buyer deposits the agreed amount — typically in a stablecoin such as USDT or USDC — into the RahaKaitse smart contract. The funds leave the buyer's wallet immediately, but they don't go to the seller yet. They sit in the contract, visible and verifiable on-chain.

Step 3: Delivery

Knowing the payment is already secured, the seller ships the physical item, transfers the digital asset, or completes the agreed service or milestone.

Step 4: Confirmation

The buyer inspects the item or verifies the completed work, then confirms everything matches what was agreed.

Step 5: Release

The smart contract automatically releases the funds to the seller. No manual transfer, no waiting on a bank, and no possibility of the seller being paid before the buyer has confirmed the deal is complete.

What if buyer and seller disagree?

If a dispute arises — the item doesn't match the listing, or delivery never happens — the funds remain locked in the contract rather than automatically going to either side. The dispute is reviewed and resolved fairly using the evidence both parties provide, so neither side can simply walk away with both the money and the goods.