Back to Innovation Hub

Smart Contract Payments

Automated insurance claims and instant payment triggers

Smart Contract Conditions

Payment automatically triggers when ALL conditions are verified:

Repair work completed

All repair tasks marked complete in system

Quality score ≥ 95%

3D scan deviation within tolerance

Parts verified OEM

All parts scanned and verified authentic

Photos uploaded

Before/after documentation complete

Customer signature

Digital sign-off received

Payment Flow

1

Repair Completed

Work signed off by technician

2

3D Quality Check

Digital twin verification scan

3

Smart Contract Triggered

Conditions met - invoice generated

4

Insurer API Notification

Claim data sent to Discovery Insure

5

Payment Authorized

Funds released to Beyond Grace

6

Transaction Complete

Payment received and recorded

Repair Summary

Claim #DIS-2024-789456
InsurerDiscovery Insure
Vehicle2023 Toyota Corolla
Labor Hours18h
Parts Used5 items
Quality Score98%
Total AmountR32,500

Benefits

  • Payment in minutes, not weeks
  • Tamper-proof audit trail
  • No debt collection needed
  • Automated compliance