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1.
Plan
Owner & Contractor setup Project
(Phases / Subcontracts / Values)
2.
FUND
Owner/Lender funds Project Wallet
Owner funds Subcontracts
from Project Wallet (ahead of work)
Contractor & Sub/Supplier
setup Invoice Milestones
3.
Approve to Pay
Contractor Approves Invoices
to Pay Subs/Suppliers
Owner Approves Phases
to Pay Contractor
(Wallet-to-Wallet payments in 12 seconds)
Nested Wallets
Nested Wallets (FDIC Insured Bank Accounts in Evolve Bank & Trust) are created inside every Project - require funding ahead of work & distribute directly upon approval.
Payment Rails
Banking + Blockchain = Payment Rails
allowing paperwork & payment automation direct from/to Subs, Suppliers, & Contractors.
(Wallet-to-Wallet transfer 12 seconds)
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