PRESTO: Escrow, Title, & Trust dApp

Inspiration

We believe that the escrow & title process should be transparent, accessible, and on-chain which led us to create PRESTO.

What it does

PRESTO is an Internet Computer dApp for creating and managing escrows & trusts and for registering ownership of any type of property on-chain.

PRESTO provides the ability to create multi-party escrows with time and condition based unlock subject to the parties’ explicit approval through the dApp user interface

All data (recorded as escrow events) related to the escrow, such as important documents (i.e. inspections, operating agreements, cap table, title etc.) including documenting transfer of ownership are managed and stored on-chain and accessible to relevant parties through a single URL.

How we built it

We built the project using dfx CLI, Motoko, Internet Identity, IC Ledger and Vue.js

Challenges we ran into

Getting Internet Identity running locally was a bit of a challenge. Overall the development process on IC was great.

Accomplishments that we're proud of

This was our first project developed using IC and we are very proud that we were able to build a working prototype.

What we learned

We learned how to use Motoko and dfx for building projects on the Internet Computer.

What's next for Presto

This version of PRESTO is a proof-of-concept and we are interested in bringing a full-featured version to market Lots of enhancements in future versions