Frescrow is a decentralized freelance escrow platform built on the XRP Ledger (XRPL).
It enables clients and freelancers to collaborate with confidence using on-chain, milestone-based escrows.

By leveraging XRPL’s native escrow functionality and RLUSD, Frescrow eliminates intermediaries, platform fees, and custody risks.

Core Idea:
Trust is enforced by the transparency of the XRP Ledger — not by the platform.

Video

Documentation

The global freelance economy is worth $1.5 trillion, yet freelancers and clients face serious trust and payment inefficiencies.

• Non-payment risk after delivering work
• Payment delays of 14–30 days on traditional platforms
• International transfers taking days or even weeks due to intermediaries
• Asymmetric information during disputes
• High platform and financial institution fees (1–3%)

• Risk of incomplete or poor-quality work
• Freelancers disappearing mid-project
• Limited recourse for disputes
• Expensive escrow fees:
  • 1–3% for traditional escrow services
  • Up to 25% on platforms like Fiverr

• I want to ensure freelancers deliver work consistently and reliably.
• I want fast, milestone-based payments to maintain project momentum.
• I want to avoid high escrow and platform fees.

• I want a transparent way to demonstrate reliability.
• I want frequent and predictable payments.
• I want large contracts split into smaller, conditional payouts.

• RLUSD-Based Payments
  Stable, fiat-pegged payments via RLUSD trust lines.

• Native XRPL Escrow
  Trustless fund locking and release using EscrowCreate and EscrowFinish.

• Time-Locked Smart Escrows
  On-chain deadlines enforce delivery timelines.

• Wallet-Based Identity (DID-Style)
  XRPL wallets act as decentralized identities.

• On-Chain Metadata & History
  Project details stored in escrow memos.

• Milestone-Based Payments
• On-Chain Reputation
• Zero Platform Fees
• Fast & Global Settlement (3–5 seconds)
• Full Transparency via XRPL Explorer

• Node.js
• npm

git clone https://github.com/gnaixus/fintechhackathon.git
cd fintechhackathon

cd backend
npm install
npm run dev

http://localhost:3001

cd frontend
npm install
npm run dev

http://localhost:3002

• Frontend: React.js, React Router
• Backend: Node.js, Express
• Blockchain: XRP Ledger (XRPL Testnet)
• SDK: xrpl.js