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Non-reentrant multi-sig release escrow
Verified Solidity escrow bytecode
| # | Milestone | Allocation | Claimed | Released | Proof Status | AI Verification | Disbursement |
|---|---|---|---|---|---|---|---|
| 01 | Electrical Work Concealed copper wiring, LED tube fixtures, modular switchboards, safety MCBs, and ventilation fans installed in 6 classrooms. | ₹3,00,000 | ₹3,00,000 | ₹2,85,000 | APPROVED | Variance: ₹15,000 | RELEASED |
| 02 | Furniture & Ergonomic Desks Procurement and installation of 75 dual-seater heavy-duty steel and wooden study benches with backpack hooks. | ₹2,50,000 | ₹0 | ₹0 | PENDING | Awaiting Scan | IN PROGRESS |
| 03 | Classroom Renovation & Painting Wall plaster repairs, primer sealing, non-toxic anti-fungal paint coats, blackboard refinishing, and classroom doorway repairs. | ₹4,50,000 | ₹0 | ₹0 | PENDING | Awaiting Scan | LOCKED |
Vendor invoices, itemized receipts, and completion documentation recorded for this campaign.
Campaign launched with target goal of ₹10,00,000.
Milestone "Electrical Work" allocated ₹3,00,000.
Milestone "Furniture & Desks" allocated ₹2,50,000.
Milestone "Classroom Renovation & Painting" allocated ₹4,50,000.
Contribution of ₹5,00,000 received and registered in escrow.
₹5,00,000 locked into accounting escrow. Cannot be disbursed without verified milestone proof.
Contribution of ₹2,50,000 received and registered in escrow.
₹2,50,000 locked into accounting escrow. Cannot be disbursed without verified milestone proof.
NGO submitted invoices, receipts, and photographic evidence claiming ₹3,00,000.
AI/OCR document scan flagged a ₹15,000 discrepancy between invoice total (₹2,85,000) and claimed amount.
Certified human auditor approved milestone evidence. Milestone eligible for release authorization.
Disbursement request for ₹2,85,000 initiated. Requires 2-of-3 multisig approval.
Authorized signer (NGO_ADMIN) confirmed approval (1/2 threshold met).
Authorized signer (AUDITOR) confirmed approval (2/2 threshold met).
₹2,85,000 successfully released and anchored on smart contract.
VERA Protocol Regulatory Integrity:
VERA enforces programmatic fund earmarking, SHA-256 evidence hashing, AI OCR discrepancy screening, 2-of-3 multi-signature governance, and tamper-evident blockchain recording. Financial records are reconciled across atomic database transactions and testnet smart contract events.