Solana (SOL) is now a payout option in Smart Pay — carriers can select it, enter a Solana wallet address, and settlements will fetch the live SOL/USD rate via Coinbase (CoinGecko fallback) and record the crypto amount on-chain. 🪙🔐
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Crypto payments in Catch Freight are designed to provide a transparent, instant, and on-chain settlement alternative to traditional bank transfers. Here is the high-level flow of how they work:
- Carrier Setup: Carriers define their preferred payout currency (BTC, ETH, USDC, or SOL) and their corresponding wallet address in their Payout Preferences.
- Triggering Settlement: When a delivery is marked as "delivered" in the Proof of Delivery dashboard, an authorized user (the delivery owner or an admin) can initiate the settlement.
- Verification: The system uses a backend function (verifyAndSettlePayment) to:
* Validate the delivery status and ensuring the user has the rights to settle.
* Cross-reference the delivery record against the authoritative Load record (controlled by the broker) to ensure the payment amount is accurate and tamper-proof.
* Compute a SHA-256 verification hash of the delivery data to create an immutable link between the ePOD and the settlement.
- Live Conversion: Since the load rate is in USD, the system fetches the live market exchange rate for the chosen cryptocurrency from Coinbase (using CoinGecko as a reliable fallback). It then calculates the exact amount of crypto required to equal the USD settlement amount.
- Recording:
* The settlement is created with a pendingstatus, recording the conversion rate, crypto amount, and destination wallet address.
* The ePOD record is updated as settled, and the verification hash is permanently linked to it.
- Finalization: Once the system creates these records, the crypto payout is marked as "pending" for manual or automated on-chain confirmation (the system provides the amount and wallet address to the carrier).
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sometimes you don't even realize how much you've changed until you look back at the version of yourself who used to beg for clarity accept mixed signals and hold onto people who were never holding onto you the same way
and it hits you that growth didn't happen all at once, it happened on the nights you cried in silence on the days you forced yourself to keep going and in the moments you finally chose peace over chaos
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and that choosing yourself isn't selfish it's survival
**Smart Pay**
- Instant carrier payouts triggered by verified ePODs
- When you mark a delivery as complete and settle it from the Proof of Delivery page, the instant payout will appear here with its cryptographic verification hash.
In summary, the feature removes the administrative "wait time" between delivery and payment authorization, enabling the transfer process to begin the moment the ePOD is marked delivered and verified.
https://t.co/v8J5RY5pIN
[email protected]
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