Cryptocurrency solution – mobile

Client: US-based company
Size: 300+
Industry: Trading
Project Technology Stack: Kotlin, Swift, Node.js, CoinMarketCap
Timeframe and Workload: Completed in 12 months, 5 software engineers
Business Challenge:

With a variety of digital coins such as Bitcoin, Bitcoin Cash, Ethereum and Litecoin, people started to trade them with each other directly by buying and selling through online exchanges. As blockchain-based crypto utilization expands globally, there is a high demand to create and implement crypto price tracker. On the other hand, such a solution may attract the attention of hackers who want to take advantage of these valuable assets. With that in mind, our client wanted us to develop a secure cryptocurrency solution that allows the users to track rates of any popular digital coins and carry out transactions of these currencies using a combination of bank accounts, PayPal, debit or credit cards. Considering the amount of data users would trust to the future solution, IWanta.Tech team should provide very high levels of security.

Solution and Approach:

When working on the project, IWanta.Tech team carefully carries out in-depth research to better understand the target audience and potential competitor. In addition to that, the team researches security features to better understand how to protect data and prevent leakage. Only by being aware of the processes of how data is used in transactions can we ensure that a cryptocurrency price tracking solution won’t be compromised. What’s more, the team has incorporated the best security practices such as requiring multifactor authentication and SSL/TLS encryption that come with great security concerns. Powered with regular backups, users have been protected against computer failures and many human mistakes. Thanks to real-time and historical price charts available for each virtual currency, users can quickly see how the market has changed over time. Detailed analysis available for each currency allows users to track rates and determine when is the best time to trade.

Business Result:
  • A crypto price tracking solution increased security by 99%.
  • Sophisticated algorithms implemented increased the accuracy of crypto trading by 95%.
  • It provides a whole range of information such as daily trading prices, market capitalization, trading volume and price charts that simplifies decision-making.
  • A mobile solution offers fraud protection.

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