endorsedCompleted

Cryptocurrency Exchange Platform Development for Fintech Startup

Services Covered:

Custom Software Development • Blockchain Development • Website Development

Industry

Financial Services

Duration

4 months

Budget

10K - 49K

Start Date

1 June 2021

Team Size

6-10 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

76/100

Good

Project Capability Score (PCS) estimates how capable SparxIT is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Koyo Loans

United Kingdom

Project Summary

Sparx IT Solutions developed a cryptocurrency exchange platform for a UK fintech startup, leading both front- and back-end work and handling product discovery and prototyping. The team implemented a private, permissioned blockchain network, integrated card payments, and delivered the back end using Node.js and HTML5. The project was managed using Agile and delivered in segmented releases; the client reported being satisfied with the technical outcomes and communication.

Key Challenges

The client started with only a project idea and needed technical guidance and discovery
The need to analyze and create a realistic prototype
The goal to build a scalable, fully-fledged cryptocurrency exchange with core features and security

Project Deliverables

Private, permissioned blockchain network
Cryptocurrency exchange platform (front-end and back-end)
Card payment integration (credit and debit cards)
UI/UX design
Prototype and discovery deliverables

Project Solution

The vendor performed end-to-end development of a cryptocurrency exchange platform, starting with product discovery and a prototype and implementing a private, permissioned blockchain architecture. They implemented core blockchain functionalities (data synchronization, immutability, privacy, security), built the back end using Node.js and HTML5, designed the UI/UX, and integrated card payments for credit/debit processing. The work was organized and delivered in segments following Agile practices.

Project Outcome

The client was satisfied and the platform met expectations.
The team delivered the project in segmented releases on schedule using Agile methodology.
Communication and progress tracking were maintained via Skype, Slack, email, and phone.

Platforms

Web
Blockchain
Web3

Tech Stack

Node.js
HTML

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“The client was completely satisfied with the work done. Sparx IT Solutions worked systemically, utilizing Agile methodology to manage and execute each task as efficiently as possible. They also leveraged their technical expertise and knowledge to ensure quality outputs according to specifications.”
Joyce Richard
Product Manager
Date: 12/02/2021