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Secure and Compatible Cryptocurrency Wallet

Project details

Client: Crypto wallet

Duration: 6 months

Team Size: 7

Scope: Product Design Development Launch

Technologies: Angular

Considering the current market leaders and the growing demand for valuable customers in cryptocurrency, The Client has conceptualized a vision to develop a digital wallet that will aim to revolutionize the way individuals make payments, transfer and lend money. They wanted us to create a cryptocurrency wallet that would make completing transactions as easy as ordering a pizza and make it available over the Mobile and Web platforms which will enable the traders to manage their finances from one place in a secure way.

The application supports cryptocurrency transactions along with the analysis of the latest market trends. It includes the involvement of different wallets like Crypto and Fiat so that customers can easily do transactions within different currencies.

The ultimate goal of this project is to develop a website using CakePHP and HTML5. We’ll also use MySQL Database to have the app run smoothly to provide seamless interaction for potential Customers and Merchants.

Few Key challenges we overcame:

1. The security of the client was very important to us, so it was especially challenging for us to design a feature that's secure enough with our cross-chain enabled mobile hybrid wallet.

2. The user side ought to be strong and able to meet the many needs in a timely manner simultaneously.

3. We proposed a few features to improve upon the blockchain wallet application concept.

4. We had a detailed discussion with the client to build their business logic as they weren't technically sound. But we never let that come in the way.

Our Solutions:

The group of Blockchain developers on our team are professionally acquainted with the technical details, reviewed other apps, and began working on the significant segments of this undertaking in the early stages. The app provides the following solutions:

1. It’s a great app for storing different types of cryptocurrencies and easily doing transactions with them.

2. The interface has a handy overview section that displays your favourite coins. This will also list the market price and value of each currency.

3. It integrates support for exchanging different coins like bitcoin, litecoin etc.

4. It grants supreme protection to each of its transactions done over the wallet

5. All the modules work seamlessly together within the suite of applications and can be extended via API.

6. The application is scalable, secured, and fast. This makes it easy to maintain and easy to scale for global demand.

It came out as a robust and efficient wallet system in the result which efficiently does crypto transactions and analysing the latest market trends.

The final product:

The final app will be a high-performance, easy-to-use, and feature-rich mobile wallet application. It will allow its users to transact easily with different currencies. It consists of the following features:

1. Superb Security: You have ultimate control over your funds. Private key encryption ensures that they remain safe no matter where you are.

2. Multi-Coin: Native support for bitcoin and most major altcoins and continuous integration of key altcoins.

3. One-time Backup: One of the best things about this app is that all your passwords are saved in one place. You only have to remember one password, which you only need to back up once and for all

4. Anonymity & More privacy: There’s no KYC bureaucracy, so you can access your funds immediately. There’s no IP association, so our servers anonymize your requests by hiding your IP.

5. Lightweight wallet app: The app is easy to use and performs well on older devices. You can save power and data by using it. No one needs to download huge blockchain files locally. New features are constantly crowdsourced.

The Crypto wallet executed the application swiftly and well. The client achieved its goal of making a portal that can fulfil the needs of many different businesses for their data. In conclusion, the client showed a deep admiration for us and extended future work.