Tag: escrow arrangements

Legal

SNART6 – CONTRACTS AND DIGITAL TRANSACTIONS: A TECTONIC SHIFT THROUGH ESCROW ARRANGEMENTS

In today’s fast-paced digital economy, business transactions are increasingly concluded online whether for services, goods, or cross-border collaborations. While digital platforms have made deals faster and more convenient, they also raise questions of trust, security, and enforceability. One of the most effective tools to address these concerns is the escrow arrangement, which provides businesses with a neutral and reliable way to safeguard payments and obligations until contractual terms are met. The purpose of this article is to outline the legal …