Evertroc
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  1. 🪼 Evertroc in Detail
  • General
    • Introduction
    • 🛠️ Technological Foundations
    • 🏷️ Financial transactions in Africa
    • 🎢 Roadmap
  • 🪼 Evertroc in Detail
    • 🏗️ Architecture
    • ⚡ How EverTroc Works
    • 📖 Explanation of EverTroc
  • 📈 Tokenization
  • 🛡️ Transaction Security
  • 🌐 Others
  1. 🪼 Evertroc in Detail

⚡ How EverTroc Works

How EverTroc Works ⚡#

1.
Token Transfer
The user selects the token (e.g., STRK, USDC on Starknet) and amount to sell.
EverTroc provides a unique wallet address (or smart contract escrow).
The user sends tokens to this address.
2.
Transaction Validation
The blockchain layer detects the incoming transfer via Starknet RPC/API.
The backend verifies the transaction hash, amount, and sender.
The equivalent fiat value is calculated using live exchange rates.
3.
Fiat Payment
The backend triggers the payment gateway.
Cash is sent via Mobile Money, bank transfer, or other local methods.
The user receives a confirmation message in-app and via SMS/email.
Modified at 2025-08-08 14:42:16
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📖 Explanation of EverTroc
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