Project’s Goal
Client came up with an innovative idea – a platform that utilizes double-intertwined blockchains to reduce money transfer costs. We built for him a safe and secure double blockchain platform.
The Challenge
Our client came up with an innovative idea to create a platform that utilizes double intertwined blockchains.
The tokens were meant to be freely interchangeable between those two networks.
The Solution
We created two tokens: one public, based on Ethereum, and the second one on private Quorum blockchain (both tokens are compliant with ERC20 standards and US regulations).
Our team prepared a custom platform for those two tokens.
Main Features
The platform utilizes a complex NodeJS mechanism based on the Web3 library, that allowed for a smooth transfer.
To make the solution as friendly as possible for the users, we’ve developed a Chrome extension that handles exchange and transferring processes (similar to jaxx.io).
We complimented the project with a BIP39 complaint wallet. All that combined creates a platform that allows for easy transfers.
Our Strengths
Transparency
The ledger can be easily audited and shared with the authorized organizations
Safety
Decentralized ledger lets you store the data in multiple places, and even if some of the nodes get hijacked or destroyed, the system still works.
Cost reduction
Double Blockchain solution allows for avoiding expensive middleman in transfers.
If you need to estimate a project or have any questions, get in touch with us.
