Nerave

Description

Nerave is a decentralized payment coordination system that eliminates trust issues between clients and service providers. It allows users to create agreements, split them into milestones, and securely fund them while ensuring that payments are only released when both parties confirm completion. The platform leverages blockchain-based smart contracts to enforce agreement rules and uses Interswitch’s payment infrastructure to handle real-world Naira transactions. Once both parties approve a milestone, the system automatically triggers a verified bank transfer to the contractor. Built to solve a real and widespread problem across Africa, Nerave introduces a transparent, tamper-proof trust layer for business transactions — removing the need for intermediaries while ensuring fairness for all parties involved.

Technologies