A Digital Asset Exchange On Blockchain Streamlined And Secured Crypto Trading And Stock Transactions

To help put its vision of a comprehensive and robust crypto exchange from paper to the real world, the client wanted to tie up with a blockchain development partner. Here is where we came in. Our team of blockchain developers have extensive experience in helping businesses build crypto exchanges from the ground up. Owing to this experience, we became the go-to option to help the client build a feature-packed crypto exchange. We brainstormed with the client's business leaders and technology teams to define the features that the exchange's users will have. We alongside the client, decided to give investors the option of buying and selling crypto-assets. Besides, we also empowered the users to transfer and withdraw their crypto-assets seamlessly. On top of that, we planned that the exchange should also have an escrow payment wallet of BTC, ETH, and other top-performing assets. Likewise, we even built an import crypto wallet for receiving different crypto-assets from a different wallet. Moreover, the process of creating wallets for storing crypto-assets was also planned to become much easier and faster. We even had dedicated user eKYC management systems to help minimize the threats of fraudulency. We also went with Kraken Exchange APIs for enabling real-time trading options. On top of that, we used Alpaca APIs to ensure real-time stock market investments took place. Our blockchain developers harnessed AngularJS, Node.js, and MongoDB for building the front-end, forming the backend, and managing all the database tasks.

Front-end:
Since the cryptocurrency exchange was supposed to attract hordes of investors, our team of front-end developers made sure the UI was interactive. That is why the team used the latest components of HTML5/CSS and JavaScript. This way, our developers ensured that the UI had simplicity built right on the exchange's UI. Here are a few features that made the front-end of the project intuitive.

• Prioritized usability of the exchange over everything else
• Ensured the UI's learning curve was not steep
• Built dedicated windows for helping investors trade
• Streamlined the way sign-ups take place

Backend:
Our backend developers zeroed in on Node.js and Express.js to build a robust foundation for the application. The team also used MongoDB as the database so that any transactional and data requests were handled optimally with zero downtime. Here are a couple of features for the application's backend.

• Integrated Kraken Exchange APIs into the system for real-time crypto trading
• Used Alpaca for simplifying how stock market investments take place
• Leveraged Node.js and Express.js for developing APIs
• Harnessed Accurascan for fast-tracking eKYC verification
• Developed workflows to streamline and secure transactions

Development Process:
We used the agile work methodology for accelerating cryptocurrency exchange development. In the beginning, we attended multiple pre-production meetings with the client to understand its requirements clearly. Once the deliverables were finalized, we worked in close collaboration with the client's business team and technology specialists. This way, we were able to fast-track project development. Here are the key highlights from the development process.

• Arranged pre-production meetings with the client to understand the scope of the project
• Defined project milestones and got on sprint meetings periodically
• Established the roles and responsibilities of project stakeholders as and when required
• Handled any add-on requirements even while the development was afoot
• Tested different deliverables much before they were shown to the client
• Extended post-deployment support to the client's team in the form of user training programs