Secure peer-to-peer marketplace application with escrow payments, AI-powered fraud detection, and location-based services that enables safe transactions between users.
A startup wanted to create a trusted peer-to-peer marketplace that could facilitate safe transactions between strangers while building user confidence through advanced security measures and fraud prevention.
The solution required robust security systems, escrow payment processing, location-based matching, and comprehensive user verification to create a safe trading environment.
Built secure escrow payment system that holds funds until transaction completion, protecting both buyers and sellers from fraud and disputes.
Implemented machine learning algorithms to detect suspicious activities, fake listings, and fraudulent users in real-time for enhanced security.
Developed location-based matching system for local transactions, safe meeting point suggestions, and proximity-based search functionality.
Created encrypted messaging platform with negotiation tools, image sharing, and automated moderation for safe communication between users.
Successfully processed over 500K transactions with zero major security incidents, establishing trust in the peer-to-peer marketplace model.
Achieved 99.8% security rate with AI fraud detection preventing over $2M in potential fraudulent transactions and protecting user assets.
Built strong user trust with 4.8-star rating and 95% user satisfaction rate, praised for security features and transaction safety.
Expanded to 50+ cities with 200K+ active users, becoming leading platform for safe peer-to-peer transactions in local markets.