Crypto Wallet

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 solutions that allow customers to trade crypto currencies or digital currencies for assets such as conventional fiat money, or different digital currencies.

Business Challenge

The client wanted to develop an interactive Blockchain-based crypto digital wallet mobile application. The wallet should allow users to store and manage their Bitcoin and Ether coin. Crypto wallet based on Blockchain should allow transfers in crypto currencies and the ability to convert them back into a user’s local currency.

Solution Highlights

The developed crypto currency wallet is a software program that stores private and public keys and interacts with blockchain to enable users to send and receive digital currencies and monitor their balance. The registered user can withdraw/add Bitcoin or any other crypto currency coin using this digital wallet.

• The blockchain based crypto wallet is a cloud-enabled digital wallet that allows users to store and manage their Bitcoin and Ether coin
• Crypto wallet is run on the cloud and accessible from any computing device in any location
• Secure and easy crypto wallet and exchange functionalities for mobile application (iOS, Android)
• Multi signature confirmation for each transaction for better security
• The purchased coins are held in a cold storage and withdrawn from any crypto currency
• 2FA, pin-code and fingerprint support
• Limits per day/week to help minimize the risk of theft
• Crypto e-wallet users can manage their balances of two crypto currencies: Bitcoin and ether coin
• Buy Bitcoin and Ethereum with your credit card easily- the application accepts USD, EUR, Swedish Krona and other local currencies worldwide
• Blockchain wallet charges dynamic fees, meaning that the transaction fees can be different based on factors such as transaction size

Benefits

• Decentralized crypto currencies are protected from inflation and economic crisis effects
• The transactions are secured by unique keys which are only accessible by wallet user
• The application provide faster and cheaper transactions and helping user for seamless experience
• The application exchanges data for compliance and reporting while keeping private data secure
• Multiple currencies conversation from credit card to wallet and vice versa, helping global users to utilise the application