Why Trust VELVET
It's now possible to do an entire deal from A to Z, including paperwork, via your secure escrow account.
How it worksTransparency
The transaction status is visible and committed to the ledger at every moment, letting you know where you are in the transaction.
100% online transactions
No signatures or in-person meetings required. Online transactions can now take place safely and securely, even for big-ticket items.
Global banking services
The platform will start its operations in all 28 EU states from 1st of December 2018
For businesses
Carry out secure, blockchain-powered transactions on your website backed by an unprecedented level of security and transparency.
For individuals
Regardless of geography, price or product, buy and sell items of value with secure, indisputable blockchain backing on a simple to use platform.
registration
The parties register and prove their identity with Velvet representatives
Deal information
The price and conditions of the purchase are entered on Velvet
transfer of funds
The buyer transfers the payment to the provided 3rd party escrow bank account
transfer of goods
The seller ships the item to the recipient
Closing of Deals
The deal is closed and money is transferred to the seller