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a-sahil/ROSCOMOS

Domain:

socioeconomic

Record type:

software
Creator:
A.
Host:
# ROSCOMOS - Decentralized Rotating Savings on Flow ROSCOMOS is a blockchain-based implementation of traditional rotating savings and credit associations (ROSCA), also known as "Esusu" in many African communities. Built on the Flow blockchain with Cadence smart contracts, it provides a trustless, automated savings circle system powered by Flow Token (FLOW). ``` Contract Address: 0xa89655a0f8e3d113 (deployed on Flow testnet) Vercel link: roscomos.vercel.app ``` ## Features ### 1. Circle Creation - Any user can create a new savings circle - Define number of members, contribution amount, and cycle duration - Creator automatically becomes the first member - Immutable circle parameters stored on-chain ### 2. Automated Contributions - Scheduled contributions using Forte Workflow - Members automatically contribute on each cycle - No manual intervention required - Contributions tracked transparently on-chain ### 3. Automated Payouts - Payouts triggered automatically when all members contribute - Funds distributed in predetermined rotation order - Each member receives total pool amount once - Circle completes after all members receive payouts ### 4.Flow Token Integration - Built on Flow's FungibleToken standard - Uses Flow Token (FLOW) for contributions and payouts - Secure vault management for all circle funds ## Architecture ``` ┌─────────────────────────────────────────────────────────────┐ │ ROSCOMOS Contract │ │ │ │ ┌──────────────┐ ┌──────────────┐ ┌──────────────┐ │ │ │ Circle │ │ Circle │ │ Circle │ │ │ │ Resource │ │ Resource │ │ Resource │ │ │ └──────────────┘ └──────────────┘ └──────────────┘ │ │ │ │ │ │ │ └──────────────────┴──────────────────┘ │ │ │ │ │ …