Client Overview
The client is an expert in digital payments and exchange operating in Swedish and European marketplace, since 2012. They develop IT-solutions in the emerging blockchain sector and provide end-to-end implementation of software solution that allows customers to trade cryptocurrencies or digital currencies for assets such as conventional fiat money, or different digital currencies.
Business Challenge
There was constant fear of attack and threats to the payment and transaction system. They wanted to full proof the transactions with the latest technology that involved cryptocurrencies and assured security.
Solution Highlights
- We developed a crypto asset exchange platform with a wide range of crypto assets.
- This Crypto Service trading platform allows the exchanges with base coins. For example, a Litecoin can be exchanged for Bitcoin, Ethereum or Dodge coins. Later other coins can be bought with these base coins. There is no fiat currency involved in our exchange platform.
- Through this platform, a user is able to:
- Watch markets
- Deposit coins from any wallets
- Withdraw coins from any wallets
- Exchange coins (i.e., sell / buy)
- The platform accepts small transaction fee for every successful exchanges made. The commission amount depends upon the type of asset.
- The system has attack-proof encryption that excludes any threat of access or forgery of the electronic wallets and accounts.
The platform fulfills the exchange trades and charges a commission from each trade. The commission amount depends upon the type of asset.
Benefits
- Greater level of transparency
- Increased efficiency through digital currency
- Better security and improved traceability of each transaction and payments
- Reduced, almost NIL fraud and threats through encryption
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