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 real estate?

Yes, cross-border escrow services can be used for transactions involving real estate. Castler Digital Identifier system is one such platform that provides secure and efficient escrow services for cross-border transactions. The platform ensures that the buyer’s funds are held securely in an escrow account until the seller fulfills their obligations as per the agreed-upon terms of the transaction. This helps to mitigate the risks associated with cross-border transactions, such as fraud, non-delivery, and non-payment.

Castler’s Digital Identifier system also provides a transparent and auditable trail of the transaction, which helps to build trust between the parties involved. The platform’s automated processes and smart contracts ensure that the transaction is executed seamlessly, without the need for intermediaries or third-party agents.

In summary, cross-border escrow services such as Castler’s Digital Identifier system can be used for real estate transactions, providing a secure and efficient way to mitigate risks and build trust between the parties involved.