From the first draft
to the final payment.
One agreement, two counterparties and an agreed sequence of conditions — monitored through to delivery and settlement.
A transparent sequence of commitments.
Each stage creates a traceable record that informs the next. The workflow supports both preapproved automation and human intervention where required.
Seller drafts the agreement
The seller enters buyer details, products, quantities, pricing, delivery requirements and proposed milestones. AI assists with the first draft, which the seller must review.
Buyer reviews and negotiates
The buyer proposes changes to terms, evidence requirements and payment triggers. Both parties review the same versioned negotiation history until agreement is reached.
Agreement is signed and configured
The parties sign the final human-readable contract. Approved terms are mapped to structured milestone rules, funding instructions and permitted exception workflows.
Buyer funds the agreed escrow
The buyer transfers the agreed amount in an approved stablecoin to the designated settlement arrangement. Availability and sufficiency of funds are confirmed before execution begins.
Seller completes and documents work
Production records, shipping information, inspection reports and delivery evidence are attached to relevant milestones or received from connected systems.
Conditions are verified
QBAN reviews information against structured contract terms. Trusted sources and the authorised acceptance process determine whether a release condition has been satisfied.
Milestone payment is released
When all defined requirements are met, the settlement component authorises the predetermined payment. Any hold, dispute or exception stops release under the agreed rules.
Contract is closed and reconciled
Each payment and approval is recorded. The parties receive a complete history of documents, status changes, confirmations and settlement results.
How a 100,000 USDC agreement could settle.
Consider a supplier delivering manufacturing equipment under four separately verified milestones. Payment amounts and release conditions are approved in the signed agreement.
| Payment condition | Share | Release amount | Evidence or approval |
|---|---|---|---|
| Production milestone complete | 20% | 20,000 USDC | Independent inspection |
| Goods shipped | 30% | 30,000 USDC | Carrier verification |
| Delivery accepted | 30% | 30,000 USDC | Receipt and acceptance window |
| Final acceptance | 20% | 20,000 USDC | Final sign-off |
This is a simulated example only. Actual settlement is subject to negotiated legal terms, verified conditions, regulatory requirements and the selected escrow arrangement.
Automatic does not mean unchecked.
Real trade involves uncertainty. QBAN is designed to preserve the contractual rights of both parties when evidence is missing or performance is disputed.
- Missing documents keep a milestone pending
- Evidence mismatches trigger manual review
- Valid disputes prevent the affected payment release
- Approved amendments require controlled updates
- Refunds and timeouts follow the signed agreement
Make every agreement a more intelligent transaction.
QBAN is developing a new approach to commercial contracts, milestone assurance and programmable settlement. Explore a pilot conversation with our team.