RentPay

The problem it 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.