Vault Tech

The cryptocurrency markets are currently in the midst of another crypto winter, with every cryptocurrency trading well below its all-time highs. Despite this, the innovative efforts of the market’s participants continue to develop new services that push the cryptocurrency industry up the hill of progress. Today, we present Vault Tech, a financial services project designed to ease the growing pains of a fragmented ecosystem.

Escrow Bot

Vault Tech’s primary offering is its AI-powered Escrow Bot. The product utilizes Vault Tech’s blockchain network to rectify the failings of its traditional equivalent. Through the Vault Chain network, the escrow process is redefined.

As it stands, traditional escrow systems suffer significant shortcomings. The current escrow system incurs notable expense, delays, and bureaucracy. Moreover, it remains limited by the reliability of the escrow agent overseeing the transaction.

Under a traditional escrow transaction, a neutral third party, known as the escrow agent, is selected by the parties to hold the funds or assets on behalf of the parties involved in a transaction. In doing so, the agent provides security by ensuring that the conditions of the agreement are satisfied before releasing the funds or assets to the other party. These escrow transactions are typically in real estate or other complex commercial dealings.

Escrow Bot is building the future of escrow by eliminating the need for third parties. The technology revolves around three core principles: safety, security, and trust. By leveraging the blockchain, Escrow Bot is capable of creating a financial fortress around transactions capable of offering more security and transparency than traditional alternatives.

Using our AI-powered Escrow Bot, there is no need for an escrow agent. Our AI technology provides a revolutionary unbiased service that is tailored to the needs of the parties. With this technology, Vault Tech is able to resolve all the inherent problems of a traditional escrow transaction.

With Escrow Bot, our clients no longer need to concern themselves with finding a reliable escrow agent or suffer the expense, delays, or regulatory requirements that encumber the outdated systems we use today. Escrow Bot offers a faster, more efficient, more secure, and completely impartial alternative to traditional escrow services.

How to Use

Ease of use was a core concern for our development team, which is why we ensured the process was as user-friendly as possible. To that end, we have made Escrow Bot accessible directly on the Telegram app with a 5-step process.

Parties can initialize the bot with a simple /start command entered into the chat window. Once initialized, the bot will prompt you to create a tailored contract, enter the necessary details, and provide a deposit address to transfer assets. Parties are then added to a group chat with an integrated AI feature that oversees the entire transaction.

Once the terms of the contract have been satisfied, the funds become accessible to the relevant party. No need for delays, bureaucracy, or the involvement of a third party. This innovation represents the future of escrow.

$VAULT Token

Naturally, every marketplace needs a currency to function. At Vault Tech, that currency is the $VAULT token. Through $VAULT, users are not only able to facilitate transactions using our Escrow Bot but are also empowered through our revenue-sharing program.

Holders of $VAULT will actively benefit from the growth of the marketplace by receiving a proportion of the fees generated from Vault Tech services, including Escrow Bot. This revenue sharing is processed by channeling 1% of generated revenue into a sharing pool that is then distributed among token holders.

Beyond this, Vault Tech empowers its users through a generous referral program that awards users a 1% commission on any transactions generated from a user they referred.

VaultBucks Lottery

At Vault Tech, we believe that risk is the spice of life. As such, we chose to bring the VaultBucks Lottery to fruition. The lottery allows participants to patiently accumulate keys or fast-track their progress through the use of bombs that propel the user through the lottery’s many vaults. Whatever your strategy, untold possibilities await you in the VaultBucks Lottery.

What’s Next?

Innovation is the fuel of economic progress, and we intend to keep fueling that progress at Vault Tech. Our commitment to you is an unparalleled user experience. Whatever products or services we design, we do so with the end user in mind.

Decentralized Escrow Bots, cryptocurrency lotteries, and token reward programs are just the beginning. If you’d like to know more about how our services can help your finances evolve, visit our website at https://vault.tech/.

Thank you for reading.