SMART X
Smart X is designed to facilitate cryptocurrency trading between two types of users: normal users and verified merchants. This application will enable merchants to create crypto sell offers, which users can access and place orders for, using either fiat currency or gift cards as payment.
Project Info
Client
Smart X
Project Eco-System
Crypto Currency
Project Type
Web App / Mobile App
Project Date
26th July 2024
CLIENT CHALLENGE
Our client approached Ajian Labs with a need for a secure, user-friendly, and compliant Peer-to-Peer (P2P) crypto trading platform. They faced significant challenges, including security risks, limited payment options, complex user interfaces, and regulatory compliance issues.
Problem
Current P2P crypto trading platforms suffer from security issues, limited payment options, complex user interfaces, and regulatory compliance challenges, leading to user distrust and limited adoption.
Solution
Develop a P2P Crypto Exchange platform that enhances security through rigid merchant verification and wallet locking, expands payment options, and ensures compliance with cryptocurrency accessible trading environment.
PROJECT PHASES (5 MONTHS)
Discovery and Planning (1 Month)
- Conducted detailed consultations with the client to understand their needs and challenges.
- Performed comprehensive market research and feasibility studies to ensure the viability of the platform.
- Developed a detailed project plan outlining the roadmap, milestones, and deliverables.
Development (2 Months)
- Backend: Built using TypeScript, Nest.js, MongoDB, and Redis for secure data management.
- Frontend: Developed a responsive interface with React (Next.js).
- Blockchain Integration: Enabled secure cryptocurrency transactions.
- Security: Implemented MFA, KYC verification, and wallet locking.
Design (1 Month)
- Crafted an intuitive and user-friendly UI/UX design tailored to both normal users and verified merchants.
- Created wireframes and prototypes to visualize the user journey and gather client feedback for refinement.
Testing and Launch (1 Month)
- Conducted extensive testing, including unit tests, integration tests, and user acceptance testing to identify and fix any issues.
WHAT WE DID
- 1
Planning and research
Market analysis and project alignment
- 2
UI/UX Design
Intuitive design for enhanced user experience
- 3
Backend Development
Secure and efficient backend system
- 4
Frontend Development
Responsive and engaging user interface
- 5
Security Solutions
MFA, KYC verification, and wallet locking
- 6
Blockchain Integration
Secure transaction facilitation
- 7
Compliance and Risk Management
Regulatory adherence and security audits
- 8
Testing and Quality Assurance
Thorough testing and pre-launch optimization
LAUNCH
The platform received positive feedback for its security, ease of use, and regulatory compliance, significantly enhancing user trust and expanding market reach
OUTCOME
We successfully shipped the Peer-to-Peer Crypto Exchange Web Application, providing a secure, user-friendly platform where users can trade cryptocurrencies using fiat or gift cards.