About the Client
Our client is a modern Fintech company located in the USA. It is specialized in developing cutting-edge digital blockchain solutions and decentralized financial apps to expand the cryptocurrencies economy worldwide.
With this in mind, they empower their platform users with the best possible crypto experience, unleashing full potential, and enabling 100% secure transactions.
All-in-one functionality, multiple e-currency management tools, and a strong community sharing valuable insights have already turned the platform into one of the market's most popular decentralized crypto app providers.
platform for all crypto assets
security of crypto assets
client’s willingness to refer
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Managing Crypto Assets: Development Challenges
Our client, being a modern financial company, wanted to enhance and popularize the use of cryptocurrencies in financial assets management systems worldwide. For this, they decided to create a robust multifunctional web platform that could give its customers multiple ways of managing their asset crypto wallets in a decentralized way.
To bring this innovation to the financial management asset systems network, they were in search of professional on-demand developers, able to fulfill the following requirements:
- Ensure the financial management for crypto assets project implementation together with the client’s team, and provide the assessment of the tasks for sprints;
- Create a catching and intuitive UI for the platform that could be easy to use and help people quickly find the functionality they need;
- Enable the flawless and stable work of all the platforms’ services, including multiple crypto management features and third-party marketplaces;
- Equip the platform with a variety of personal user’s wallets with various functionality to choose from, and ensure their high performance;
- Provide the platform with 100% secure crypto transactions on the platform, paying special attention to a customer’s authentication to a wallet;
- Tune the overall platform’s speed and performance, and provide technical support and maintenance during the entire project's duration.
Thus, the client was in active search for a fitting custom Fintech solutions provider, and finally, they came upon our company profile and set up an interview with Fivelt specialists. They ensured our engineers’ proficiency with financial and cybersecurity solutions development and chose our company for this innovative asset management financial project implementation. That’s how our collaboration on creating a top-market financial asset management system started in 2022.
How Fively Created a Crypto Asset Management Platform
During this innovative crypto management project, our team of engineers worked together with the client’s in-house team of specialists to unlock potential, improving transaction speed, security, and the overall ecosystem's efficiency.
We successfully adjusted to the client's in-house approaches, becoming a core component of their team, and assisted in managing the project across all stages, ensuring that the crypto assets app will take all the best under our joint management. That’s what our project looked like.
Project Architecture: To enhance the utility of cryptocurrencies and enable the execution of smart contracts, we used the architecture described below.
- Python - used for developing core blockchain components, as well as various backend services and data processing tasks due to its simplicity and versatility;
- Ruby on Rails - utilized in scripting and automation tasks because of its simplicity and readability;
- TypeScript - applied for building reliable and maintainable front-end code, offering static typing benefits;
- Docker - ensured the app consistency and scalability across different environments;
- AWS - chosen for hosting the application, providing scalability, security, and reliability.
Team Structure: We covered all the project goals with our dedicated team of specialists:
- 2 of our senior frontend developers;
- 2 of our backend engineers;
- 1 DevOps specialist with a deep understanding of crypto platforms and cyber security development peculiarities.
Communication tools: To ensure transparency, we maintained constant communication flow with the client's team throughout the project duration. We set weekly group discussions to estimate the scope of tasks and set deliverable deadlines, shared daily status updates during standups, and sent follow-up notes via e-mail. For quick discussions regarding potential project changes or initiatives, we used Jira and Slack.
Financial Management for Crypto Assets Project Results
Working together with the client’s team, we created a brand-new online financial asset management solution and enhanced it with the following features:
- Fively engineering team provided top-tier management of the financial management for the crypto assets project together with the client’s team, and provide the assessment of the tasks for sprints.
- Our UI specialists built a modern, catching, and intuitive layout for the platform that could be easy to use and help people quickly monitor the state of their cryptocurrencies.
- We enabled the flawless and stable work of all the platforms’ services, including multiple crypto managing options and third-party crypto marketplaces. Thus, all the users of the financial trust asset management platform can enjoy a 100% decentralized experience powered by the use of cryptocurrencies.
- Fively engineers equipped the platform with a variety of personal user wallets with different functionality to choose from, ensuring the high performance of all the customers’ wallets.
- We provided the platform with 100% secure crypto transactions on the platform, starting from customer authentication to a wallet and finishing with encrypted transfers, following the latest web security protocols and encryption standards.
- We made the crypto assets management platform work very fast and seamless for the user, eliminated all bugs, and provided technical support and maintenance during the entire project's duration, ensuring visitors to the platform could experience a seamless, convenient, and pleasurable online healthcare experience.
The complex financial asset management solution we built together with the client’s team was highly appreciated both by the client and by the platform users. The platform we built became an ideal example of how people can successfully manage a financial asset using a decentralized system.
Now, the asset management crypto platform helps customers all over the world to benefit from using cryptocurrencies for their decentralized transactions and enjoy total security, feature-rich functionality, intuitive design, and an all-in-one decentralized crypto asset management system.
At Fively, we put the use of the best-fitting technologies both for web and mobile financial asset management software in the first place. During this crypto asset management app development, our team of engineers used the following cutting-edge tech stack.
- Python Docker
- Ruby on Rails