TrustBid
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How It Works

TrustBid covers the complete lifecycle of a social fund — from receiving donor contributions to generating a verifiable report.

1

The foundation registers

The admin creates the foundation in TrustBid. The system automatically generates a master Stellar wallet for the organization. The admin never sees it.
2

The admin creates project areas

The admin defines the areas of the project (Logistics, Payroll, Programs, etc.) and assigns a USDC budget to each one. TrustBid generates a Stellar sub-wallet per area. The admin sees "Logistics Account — $2,400" and nothing more.
3

The donor sends funds

The international donor sends USDC directly to the foundation's master wallet. No intermediary banks, no conversion friction. The foundation sees "Funds received: $10,000" in their dashboard.
4

The area coordinator executes a payment

The coordinator logs into TrustBid, sees their account balance, and fills in 3 fields:
  1. Who — Beneficiary (free text with autocomplete from payment history)
  2. What for — Concept (free text, max 120 characters)
  3. Category — Label defined by the admin when creating the area

They confirm the payment. In less than 5 seconds: “Transfer recorded.”

In the background: TrustBid signed the transaction on Stellar, submitted it, the indexer captured the txHash, and linked it to the 3 fields the coordinator filled in.

5

The admin views the dashboard and exports the report

The admin sees all project accounts, balances, and the complete payment history with full context. They select a date range and click “Export report.” In seconds, a PDF is generated containing:
  • Date and time of each payment
  • Beneficiary, concept, and category
  • Amount in USDC
  • Verification code (the txHash, presented in readable format)
  • “Verify” link that opens Stellar Expert with the original transaction

That PDF is the accountability report for the donor. Independently verifiable. No weeks of manual work.

6

Fiat payment (when applicable)

When the foundation needs to pay a local vendor in Colombian pesos, Costa Rican colones, or Argentine pesos, TrustBid handles the conversion automatically via Bitso (CO/CR) or Belo (AR). The admin enters the destination bank account, and in less than 10 minutes the vendor receives payment in their local currency.

Full role flow

INTERNATIONAL DONOR
 |  Transfers USDC to the project
 v
FOUNDATION ADMIN
 |  Creates project + defines areas + assigns budgets
 |  Invites area coordinators
 v
AREA COORDINATOR
 |  Executes payments from their area
 |  Fills in: beneficiary + concept + category
 |  Attaches receipt (optional)
 v
TRUSTBID (automatic, invisible)
 |  Signs and sends tx to Stellar
 |  Captures txHash via Horizon API
 |  Updates the dashboard
 v
FOUNDATION ADMIN
 |  Views real-time dashboard
 |  Exports PDF report
 |  Shares it with the donor
 v
INTERNATIONAL DONOR
 |  Receives the PDF
 |  Verifies the transaction codes on Stellar Expert
 └  Without weeks of waiting. Without Excel. Without review meetings.