Some details
CLIENT HAD:
A Custom new cryptocurrency.
CLIENT NEEDED:
Online wallet for the custom currency and for Bitcoin, with transactions history and recovery tool in case the online wallet was broken.
WE DID:
We built backend system for wallet for both currencies, and analyser of blockchain, for discovery of transactions transferring money to users addresses from outside. Wallet addresses are
multisig, where 2 keys out of 3 are enough to sign transaction. User has 2 private keys, our customer keeps 1, so user alone can transfer money from their addresses, but our customer needs user’s cooperation to do so.OUTCOME:
Finished and tested product was delivered to customer. The customer has individual users accounts on it, as well as cryptocurrency exchange. Users are able to transfer their money, generate addresses, and see all their transactions history.
CATEGORY: Backend solution, Blockchain
INDUSTRY: FinTech
TECHNOLOGIES: Scala, Java
