Experience a new level of security with Tethermalls

Tethermalls is a DeFi Escrow service powered by Web3 technology that protects your assets securely from risks like hacking and theft by depositing them on the blockchain rather than managing them directly.

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Cryptocurrency

Trade various cryptocurrencies through our P2P platform.

Services

Discover various services you can pay for with cryptocurrency.

Shopping Mall

Explore a wide range of products available for purchase with cryptocurrency.

Escrow

Secure your transactions by depositing funds in cryptocurrency.

How does Tethermalls differ from traditional escrow services?

Unlike traditional escrow services that directly manage user assets, Tethermalls stores assets on the blockchain to protect them from risks like hacking and theft. No one can access these stored assets without proper authorization.

Traditional Escrow

Tethermalls Service

Comparison between Traditional Escrow and Tethermalls

Security Feature	Traditional Escrow	Tethermalls
Asset Storage Method	Centralized server/account	Blockchain smart contract
Service Provider Fund Access	Possible	Impossible
Hacking Risk	High	Very Low
Asset Movement Transparency	Limited	Fully Transparent
Transaction Automation	Manual Processing	Smart Contract Automation
Transaction Condition Tampering	Possible	Impossible

Tethermalls Security Process

Tethermalls provides top-level security at every stage from the beginning to the completion of transactions.

Contract Agreement

Buyer and seller agree on transaction terms and create a smart contract

Fund Deposit

Buyer's funds are securely deposited in a blockchain smart contract

Fulfillment Verification

Seller provides goods/services and buyer confirms receipt

Automatic Settlement

Smart contract automatically transfers funds to the seller when conditions are met

Transaction Complete

Transaction details are permanently recorded on the blockchain

network	hash	event	amount
ethereum	0x76cac7bed421d675998a0b5920b3f0c097285b17b34f22ea57d53d48d9b35f7f	Deposited	100 USDT
ethereum	0x09c1895a572c2d94a4020080c27f3e36f01aa5b4ac1f2b1fbe994200df18de4a	Approval	100 USDT
ethereum	0x54f74f90347017f3fd0226c5694f7fb0fc01815749c977c9b1ed1d59ced05cca	TradeCreated	100 USDT
ethereum	0x5921824a61135a768d3fef8bd4b87eb363f0739915a893dd61613ccc0188f705	TradeCreated	1,000 USDT
tron	f261faf1eac143cc1e126a4393129644baf3ba8034538b1917bcdd21377ce29e	FundsReleased	100 USDT
tron	d78ac8c359a7602a8a55170f4b59ee3b327911449b0c1f655dc15cefb5079d6b	Deposited	100 USDT
tron	420fc2808b5c9543e80e69426eb4116a8fff57e89b72e0fbb66debab70875a3b	Approval	100 USDT
tron	fe867b7545ab957b569b228204b48d7da8497e72c124c17aeb0a1526878c492a	TradeCreated	100 USDT
tron	8fcc56aff4da785ec25143acd933c8209cce60049d2530614f34d0fff40bfe00	FundsReleased	100 USDT
tron	ab4d8595b33b28bf1461a7676035fd298d4c086997c8f3ae09dd8d47b7099935	Deposited	100 USDT

Ready to use Tethermalls?

How are assets stored on the blockchain?

Tethermalls uses smart contract technology to safely store customer assets on the blockchain. When a transaction begins, the buyer's assets are automatically deposited into a smart contract on the blockchain network, and during this process, no third party, including Tethermalls, can access these assets. When transaction conditions are met, the smart contract automatically transfers the assets to the seller, and this entire process is transparently recorded on the blockchain.

What is the Web3 approach?

Web3 is a new paradigm of the decentralized internet, aiming to give users complete ownership and control over their data and digital assets. While traditional Web2 relies on centralized platforms and servers, Web3 is based on blockchain technology, enabling direct P2P transactions without intermediaries. Tethermalls leverages this Web3 technology to provide an environment where users can trade securely without centralized administrators.

Can Tethermalls access transaction assets?

No, Tethermalls cannot directly access transaction assets. All transaction assets are securely stored in smart contracts on the blockchain network, and these assets only move when pre-programmed conditions (transaction completion, refund, etc.) are met. This means that no centralized entity, including Tethermalls, can arbitrarily use or access customer assets. In this way, Tethermalls provides the highest level of security and transparency.

Can assets stored on the blockchain be transferred to accounts other than those of the transaction customers?

No, assets stored on the blockchain can only be transferred to the accounts of legitimate parties (buyers and sellers) involved in the transaction. Smart contracts operate only according to conditions set at the start of the transaction, and are designed so that assets cannot move outside of these conditions. All transaction processes are permanently recorded on the blockchain, maintaining traceability and transparency. This ensures that there is no risk of user assets being transferred to unauthorized addresses.

What happens to assets if a transaction is canceled or a dispute arises?

If a transaction is canceled or a dispute arises, Tethermalls' dispute resolution process takes effect. If both parties reach an agreement, assets move accordingly. If no agreement is reached, Tethermalls' arbitration team reviews the submitted evidence to make a fair decision. Based on this decision, the smart contract either refunds the assets to the original owner (buyer) or pays them to the seller. Importantly, throughout this entire process, Tethermalls cannot directly access the funds and only verifies the execution conditions of the smart contract.