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Blockchain smart contracts in the decentralized finance (DeFi) industry help automate many of the financial processes and transactions that typically require complex, multi-step execution, as well as the involvement of middlemen, which can raise costs. Examples of the processes eloquently automated via smart contracts include will executions, regular crypto payments, insurance claims, contract-based settlements, token launches and distributions, and more.
TrustSwap aims to remove the middlemen and arduous financial processes, lowering costs while simultaneously making those processes more streamlined and trustless.
TrustSwap (SWAP) is a multi-chain platform that offers a set of products to automate the processes of creating, launching, distributing, managing and securely exchanging crypto assets. The platform operates on four blockchains: Ethereum (ETH), BNB Chain (BNB), Avalanche (AVAX) and Polygon (MATIC).
One of the first services offered by TrustSwap was a launchpad for new crypto projects. The platform then added more services, such as staking, an escrow-based secure exchange of funds between transacting parties, an NFT marketplace, and a management solution to mint and distribute crypto tokens.