The On-chain to Off-chain Bridge

This section focuses specifically on the innovative mechanism that bridges the blockchain world (on-chain) with the traditional banking system (off-chain), a crucial step for achieving our direct-to-bank payout feature.

The bridge is powered by the symbiotic relationship between our Local Currency Smart Contract and the NusaPay Backend/API. The Smart Contract serves as the on-chain trigger by emitting a specific event once a transaction is verified and ready for payout. The Backend/API, in turn, acts as the off-chain executor, constantly listening for these events. Upon detecting a payout signal, it securely communicates with our local banking partners to initiate the final fiat transfer. This automated, event-driven model ensures that the transition from a digital asset on a blockchain to a traditional bank deposit is executed with speed, security, and minimal human intervention.