# Technology Stack and Processes

Every <mark style="color:green;">ENSC</mark> released into circulation will be supported in a one to one ratio by an equivalent amount of Nigerian Naira reserves. These reserves are securely stored and held in trust by ProsperaVest ESG LTD in collaboration with its partner banks based in Nigeria. In our role as the custodian, we act as a trusted third party overseeing the backing asset. To mitigate risk, we've implemented a straightforward approach that simplifies both fiat and crypto audits, enhancing the security, provability, and transparency of these processes.

<mark style="color:green;">**ENSC**</mark>**&#x20;Technology Stack**:

The <mark style="color:green;">ENSC</mark> technology stack comprises three layers with various features, offering a comprehensive understanding best depicted through a visual diagram.

<figure><img src="https://3975485670-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FbbQ8Sp0oKe3BiVYKwRKq%2Fuploads%2FS6d2gBWuPKq7Oe2LdmPt%2FENSC-Layer.png?alt=media&#x26;token=c28d8678-437e-4099-bab8-cc9dc16cbe6a" alt=""><figcaption><p><mark style="color:green;">ENSC</mark> tech stack</p></figcaption></figure>

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Let's delve into an overview of each layer:

1\. The Blockchain: The first layer is the Lisk Chain. The <mark style="color:green;">ENSC</mark> transactional ledger is embedded on the Lisk chain as meta­data via the embedded consensus system.

2\) The second layer is the Imbedded Consensus Layer that can:

a) Mint (create) and burn (destroy) <mark style="color:green;">ENSC</mark> token represented as meta­data embedded on Lisk Chain and other interoperable blockchains.

b) Track and report the circulation <mark style="color:green;">ENSC</mark> of via blockchain explorers such as Lisk Blockscout.

c) Enable users to transact and store <mark style="color:green;">ENSC</mark> in a:

&#x20;i) peer to peer, pseudo­ anonymous, cryptographically secure environment.

ii) open­source, browser­ based, encrypted web 3­ wallet:&#x20;

iii) multi­ signature and offline cold storage ­supporting system

d) the consensus layer also implements security architectures such as ZKP (Zero Knowledge Proof), Reentrancy Guard, Openzeppelin etc.

e) the consensus layer also provides a cross-chain bridge for <mark style="color:green;">ENSC</mark> that facilitates ZKP in a cost-effective manner

3\) The third layer is ProsperaVest ESG LTD, our business entity primarily responsible for:

a) Accepting fiat deposits and issuing the corresponding <mark style="color:green;">ENSC</mark>

b) Sending fiat withdrawals and revoking the corresponding <mark style="color:green;">ENSC</mark>

&#x20;c) Custody of the fiat reserves that back all <mark style="color:green;">ENSC</mark> in circulation

d) Publicly reporting Proof of Reserves and other audit results

e) Initiating and managing integrations with wallets, exchanges, and merchants