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case study

Custom Cryptocurrency Wallet App Development

Fintech & Trading & Retail

  • Custom Software Development
  • Payment Systems
  • Blockchain
  • Bespoke software
  • Mobile Development
  • Real Time Solution

Bespoke cryptocurrency application development to boost client satisfaction through personalized functionality and unique financial offerings. Integration of Decentralized Finance (DeFi) protocols for a broader set of features and product scalability. Adopting robust encryption to maximize cybersecurity of user's digital assets.

client

NDA

  • image Germany
  • image 55 employees

A fintech company specializing in digital asset management and cryptocurrency services. Their core objective was to expand by creating a secure, user-friendly cryptocurrency wallet for both retail and corporate users. The wallet had to support multiple currencies, token swaps, fiat conversion, and DeFi integration. With a global presence, the client prioritizes regulatory compliance, scalability, and robust security to ensure user confidence and adaptability in a fast-evolving market.

crypto wallet app development company's case study

request background

Tailored Cryptocurrency Development Solutions for Sustainable Competitiveness

Our client is an international company providing advanced financial services for smooth management of cryptocurrencies. With operational load growing each day, the business required to expand their services by introducing a digital wallet for both B2B and corporate users.

They were looking for a reliable crypto wallet app development company to create a secure and intuitive solution that could support multiple currencies. During our initial conversation, we discovered that the best solution would be improving token swaps and fiat conversion.

Acropolium developers also prioritized the integration with decentralized finance (DeFi) systems, as the client emphasized the need for future-proof scalability and competitive advantage. Last but not least, the new application had to adhere to strict regulatory standards while incorporating advanced security protocols.

a case study on how to create a cryptocurrency wallet app

challenge

Responding to Third-Party Inefficiencies with Custom Crypto Development Services

The first and foremost challenge of our client centered around their reliance on third-party cryptocurrency wallet solutions. They didn't have sufficient expertise in complex development and didn't know how to create a crypto wallet app, and thus used external off-the-shelf services.

Those external platforms offered limited customization, preventing the company from fully aligning the wallet with its brand and optimizing the user experience.

Additionally, security concerns were mounting, as the third-party solutions lacked advanced features like multi-signature support and encryption protocols, leaving the users vulnerable to cyber threats.

Integration issues further complicated the situation, as the wallets couldn't seamlessly connect with the client's payment infrastructure or support crypto-fiat conversions. That, in turn, would result in a fragmented user experience.

As the decentralized finance (DeFi) sector grew rapidly, the client also found that existing solutions couldn't support critical DeFi features such as token swaps and staking. During this cryptocurrency app development, we had to deliver a scalable platform that could accommodate a growing user base, manage increasing transaction volumes. At the same time, our team had to set up integration modules for new blockchain protocols.

Overall, the client sought a solution that not only addressed these technical challenges but also ensured regulatory compliance with GDPR, AML, and KYC requirements. Such complex adherence requirements were caused by the client's multiregional operations, which also posed certain tech challenges

goals

  1. Implement advanced security measures to safeguard user assets with multi-signature functionality, encryption, and two-factor authentication.
  2. Ensure compatibility with a wide range of blockchain networks, providing seamless management of diverse cryptocurrencies.
  3. Create a user-friendly, cross-platform wallet that simplifies cryptocurrency transactions and supports DeFi functionalities.
  4. Develop a scalable solution capable of handling the client's growing user base and transactions while accommodating future blockchain advancements.
  5. Integrate the wallet with the client's existing payment systems, supporting fiat-to-crypto conversions and real-time transaction tracking.
  6. Ensure full compliance with global regulations to meet the operational demands of international markets.
cryptocurrency app development case study by Acropolium

solution

Comprehensive & Cross-Platform Cryptocurrency App Development

  • image Solidity, Node.js, React, React Native, Web3.js, Ethers.js, Express (Node.js), AWS
  • image 23 months
  • image 6 specialists

After conducting a thorough discovery phase, we developed a custom cryptocurrency wallet tailored to meet the client's specific needs. Using blockchain technology, our developers ensured secure and scalable operations, enabling users to manage multiple cryptocurrencies and access DeFi services like token swaps.

For backend development, Node.js was used to handle blockchain interactions and APIs that integrated real-time data. We also leveraged its cryptographic libraries to ensure that security protocols such as encryption were properly implemented.

Native mobile apps were developed using React Native provided the flexibility to maintain a consistent user interface across both platforms. The frontend was built with React, offering a responsive and user-friendly experience for web users. Integration with multiple blockchain networks was made possible through Web3.js and Ethers.js, allowing users to interact with the wallet and manage transactions effortlessly.

  • Enhanced security features were a priority, with multi-signature support and private key encryption providing robust asset protection.
  • To create crypto wallet apps with seamless user experience, the wallet was built as a cross-platform solution, accessible via both Android and IOS devices.
  • We also made sure that the solution offered real-time price tracking and integration with existing payment systems for fiat conversions.
  • The development process involved utilizing Solidity to create smart contracts on the Ethereum network, enabling core DeFi functionalities.
  • We facilitated compliance with international regulations such as GDPR, AML, and KYC, handling data management and security layers using React Native libraries.

outcome

Reimagined Financial Operations with Comprehensive Cryptocurrency Development Solutions

  • The new scalable and secure infrastructure for the cryptocurrency wallet reduced downtime by 35%, ensuring continuous service availability.
  • By streamlining operations and enhancing the user interface, we increased employee productivity by 25%. This allows the support team to handle customer inquiries and resolve issues more efficiently.
  • The introduction of the custom wallet also attracted new users, driving a 25% boost in user acquisition.
crypto application development services by Acropolium

client feedback

We're excited about our collaboration with Acropolium's team on the new wallet. Your team's expertise in blockchain and transparent communication really translated into a product that works for us. Thank you for your outstanding support and dedication to delivering truly measurable results!

sokrat

NDA

cta

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