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RentPay

RentPay

Pay Rent in Crypto. Get Fiat Instantly.

Created on 13th May 2025

RentPay

RentPay

Pay Rent in Crypto. Get Fiat Instantly.

The problem RentPay solves

In India, tenants who earn in crypto face major challenges when paying rent — traditional landlords expect INR, and there’s no streamlined way to convert stablecoins to fiat quickly and securely. Current options involve manual off-ramping, delays, high fees, and poor transparency.

Landlords, on the other hand, are hesitant to accept crypto due to technical complexity and regulatory concerns. As a result, Web3 professionals, freelancers, and digital nomads are stuck in a broken process every month just to pay their rent.

RentPay solves this by offering a simple, direct, and compliant bridge between crypto and fiat rent payments — enabling tenants to pay in stablecoins while landlords receive INR instantly in their bank accounts. No escrow. No delay. No friction.

Note: INR payouts are currently simulated due to ongoing integration of compliant crypto-to-fiat off-ramp services. Only the on-chain rent payment flow is functional at this stage.

Challenges we ran into

Simulating Fiat Payouts: Since real crypto-to-fiat off-ramping isn’t implemented yet, we had to simulate the INR payouts on the backend in a way that still feels real and responsive to the user. Crafting this flow without breaking immersion was tricky.

Listening to Smart Contract Events: Capturing RentPaid events on-chain and syncing them with our backend required careful setup using Express.js and Web3 libraries. Handling transaction confirmation delays and errors added complexity.

Maintaining Sync Across Frontend, Backend, and Blockchain: Ensuring all parts of the system remained consistent and in sync during the simulated payout was a key technical challenge.

Tracks Applied (4)

Stablecoins

RentPay is built entirely around stablecoins like USDT and USDC as the medium for rent payments. It enables Indian tenan...Read More

Consumer

RentPay directly serves end users: tenants and landlords, making it a consumer-facing application.

Showcase

Since the project demonstrates a working on-chain flow and a full-stack UX, it's ideal for the Showcase track too.

DeFi

RentPay enables decentralized, smart contract-based rent payments using stablecoins.

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