Back to teams
Verita
Retention that releases itself
Malaysian subcontractors wait up to two years for the 5% retention a contractor holds, and often never see it. Verita puts that money in a Solana vault the contractor does not sit on.
When the defects period ends, release runs by rule. Balances are checkable the whole time. Subs use it free. Government, GLCs, and developers pay for the mandate.
- RM20k+ retention at stake per project
- 54% of subs report late-payment pain




