No private keys
LocalLoop never asks for, stores or reconstructs a seed phrase or wallet private key.
LocalLoop is designed to orchestrate a payment without taking control of the customer's wallet or pooling merchant funds.
LocalLoop never asks for, stores or reconstructs a seed phrase or wallet private key.
The intended direct route moves supported assets from customer wallet to verified merchant wallet.
The customer wallet displays and approves the transaction. LocalLoop cannot sign on the customer's behalf.
Real funds stay locked until legal, security, quote, recovery and operating gates are evidenced.
Support and reconciliation work because the order, frozen quote, observed transfer, finality evidence, receipt, reward and refund state share one traceable record.
AUD ORDERItems, modifiers and GST
↓FROZEN QUOTESource, rate, amount and expiry
↓TRANSFERWallets, network and transaction hash
↓FINALITYIndependent confirmation evidence
↓RECEIPTSigned customer and merchant proof
A successful screen is not a successful payment company. Mainnet stays inactive until each high-risk dependency is independently evidenced.
Two-device hosted testsMerchant computer and customer phone complete repeated flows.
Quotes fail closedStale or divergent prices pause new checkout.
Recovery is provenBackups are restored and targets are recorded.
Operators are accountableIndividual identity, permissions and two-person control.
External review is completeSecurity findings and Australian legal advice are accepted.
The live pilot is cappedMerchant, wallet, value, daily limit and expiry are authorised.