Created on 16th May 2025
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As crypto adoption grows, businesses, freelancers, and everyday users are increasingly using blockchain networks to send and receive payments. However, these transactions lack the structured documentation expected in traditional finance:
Business merchants accepting on-chain payments struggle to provide official receipts or invoices to customers, leading to poor record-keeping, disputes, or compliance issues.
Freelancers and service providers paid in crypto often have no way to prove they were paid, affecting trust with clients or limiting their ability to report earnings.
Customers and clients receive funds or make payments without any professional confirmation or breakdown — just a hash on a blockchain explorer.
Without clear receipts, there’s no easy way to associate crypto payments with the purpose, payer, or service provided — causing friction, mistrust, and audit problems in crypto commerce.
Blockchain indexing is a major challenge because blockchains like Base don’t support easy querying for user transactions or token transfers. You either need to rely on third-party services (like The Graph or Alchemy) or build your own system to scan and store data. Without proper indexing, it’s hard to generate receipts instantly, track historical payments, or scale the app efficiently, especially for business users needing real-time and searchable records.
Tracks Applied (3)
Technologies used
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.