Sabeam was born from decades of construction industry experience and a deep understanding of the trust gap between contractors and clients. We're using emerging distributed ledger technology and the XRPL-based stablecoin (AUDC) escrow to eliminate fraud and build confidence in every construction payment.
The construction industry loses billions of dollars annually to fraud, disputes, and payment failures. Contractors complete work but never get paid. Clients pay deposits and contractors disappear. Subcontractors are left unpaid when general contractors fail. Quality work is disputed without evidence. Trust is broken at every level.
Traditional payment methods—checks, wire transfers, and even modern payment apps—offer no protection. Once money leaves your account, you have no control. Legal action is expensive, slow, and uncertain. Insurance helps, but doesn't prevent fraud in the first place.
The root cause? A lack of transparency and accountability. Payments happen behind closed doors. Evidence of work completion is easily disputed. There's no neutral third party to enforce agreements. And when disputes arise, it's one person's word against another's.
Sabeam combines milestone-based escrow with blockchain verification to create a payment system where trust is built into the technology itself—not dependent on personal relationships or legal threats.
Here's how it works: Clients deposit funds into a secure, non-custodial escrow anchored to the XRP Ledger using issued currency AUDC. Funds are locked and cannot be withdrawn by either party until specific conditions are met.
As contractors complete milestones, they upload evidence—photos, documents, inspection reports—which is cryptographically hashed and timestamped on the blockchain. This creates an immutable record that cannot be altered or deleted by anyone.
Clients review the evidence and approve payment. If they don't respond within a set timeframe, the milestone auto-approves to protect contractors. If there's a dispute, all evidence is publicly verifiable, and third-party arbitrators can make fair decisions based on facts, not opinions.
We chose the XRP Ledger (XRPL) because it's purpose-built for payments and offers unique advantages for construction escrow:
Transactions settle in 3-5 seconds with fees under $0.01. Traditional escrow services take days and charge hundreds in fees. XRPL makes escrow practical for projects of any size.
XRPL has escrow functionality at the protocol level—not a smart contract that can have bugs. Funds are locked by the blockchain itself, with conditional releases and time-based triggers.
XRPL has been running since 2012 with 100% uptime and billions in transaction volume. It's proven, reliable, and trusted by financial institutions worldwide.
No single entity controls XRPL. Even if Sabeam's servers go offline, your escrow remains secure and accessible. Funds cannot be seized, frozen, or misappropriated by anyone.
To eliminate fraud in the construction industry by making every payment transparent, verifiable, and enforceable through technology—not trust.
We believe contractors should be paid fairly for quality work. We believe clients should only pay for work that's actually completed. And we believe the construction industry deserves better than handshake deals and legal battles.
Distributed ledger technology makes this possible. Blockchain isn't just a buzzword—it's a fundamental shift in how we create trust. By recording every transaction, every piece of evidence, and every approval on a public, immutable ledger, we're building a system where fraud is impossible and disputes are resolved with facts, not opinions.
Join us in building a construction industry where trust is the default, not the exception.
Have questions? Want to learn more about how Sabeam can protect your business?
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