The driving forces behind mortgage lenders moving away from third-party processors
Outsourcing escrow services can lead to transparency issues; 39% of lenders currently depend on third-party processors, raising costs and complicating oversight.
Educational Byte: Decentralized Escrow-What It Is and Why You Should Use It | HackerNoon
Decentralized escrow removes intermediaries, reducing costs and increasing efficiency by enabling direct asset exchanges facilitated by smart contracts, which enhance transaction security.