Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

Can cross-border escrow services be used for transactions involving intellectual property?

Yes, cross-border escrow services can be used for transactions involving intellectual property. Castler Digital Identifier system is one such platform that provides secure and reliable escrow services for transactions involving intellectual property. The platform acts as a neutral third party that holds the funds until the transaction is completed, ensuring that both parties fulfill their obligations. This is particularly important in cross-border transactions where there may be different legal systems and regulations. The use of an escrow service can help to mitigate the risks associated with such transactions, such as fraud and non-payment. Castler’s Digital Identifier system uses blockchain technology to ensure transparency and security, making it an ideal solution for intellectual property transactions. Overall, the use of cross-border escrow services can provide a safe and efficient way to conduct transactions involving intellectual property.