A Global Remittance Services Provider Gets The Competitive Edge With A Digital Money Transferring And Crypto Trading Application

The client was looking forward to collaborating with a blockchain growth partner that could implement its business vision in the real world. Here is where our blockchain development team stepped in. As a dependable blockchain development company, we have deep expertise in offering a suite of development, consulting, and implementation solutions involving a variety of blockchain platforms. We did multiple pre-production review meetings to get an understanding of the scope of the project. Several meetings later, we decided on using Angular, Node.js, and MongoDB to build the money-transferring solution from scratch. Moreover, we even resorted to using Kraken Exchange Service to help end-users buy, sell, and transfer their crypto assets across the platform. Not just that, we developed and deployed an admin wallet on Kraken. This wallet was a medium for platform users to engage in crypto transactions. We even programmed the platform to let the admin collect a small amount of fee for every transaction. Besides, we even allowed the admin to alter the transaction commission fee. As the client had plans to integrate a range of fool-proof crypto services, we made sure to integrate IdentityMind KYC services, too. From streamlining real-time funding through debit cards to plastic money processing and validation and also processing ACH payments, we used Payliance. To streamline the flow of payments across the platform, we leveraged API-money. This particular API helped us build an ecosystem where every payment could comply with different regulatory protocols related to data protection and fund-transfer.

Front-end:
The first step toward building a robust money-transferring solution was to make its user interface (UI) snappier. Here is where our front-end developers came in. The team designed the UI using the Angular framework that had simplicity built on top of it. Here are a few highlights of the blockchain app's front-end.

• Built a snapper UI that is easy to use for first-time users
• Made the new-user signup process faster and simpler
• Incorporated multiple data safety protocols to improve UX
• Designed dedicated screens to define the steps for sending money easily

Backend:
To build the solution's backend, our development team used Node.js. This way, we used a server that could handle peak loads and massive requests optimally. We used different exchange frameworks and APIs to ensure that the transactions and money-transfers happened seamlessly and at scale. Here are the top features of the platform's backend.

• Harnessed Kraken to streamline the process of buying, selling, and transferring crypto coins, such as Bitcoin, Ethereum, and Litecoin
• Leveraged API-Money and Payliance to send money safely and swiftly across borders
• Integrated reliable KYC services to minimize incidences of frauds related to client onboarding and transactions
• Implemented Cron schedule for receiving the latest coins exchange rates

Development Process:
In the beginning, our development team used the agile work methodology that has been integral to each one of our engagements. Using this work methodology enabled our team to make sure it handled project requirements easily and quickly. Here are a few highlights of the development process that we followed in executing this project successfully.

• Attended several pre-development meetings to understand the project's scope
• Pre-defined project deadlines and set milestones from the get-go
• Defined the area of responsibility for all project stakeholders
• Managed all the client requests even when the production was still going on
• Tested deliverables before submitting them for the client's review
• Gave post-deployment support for the app to the client