Double Blockchain Platform

A complex environment with double blockchain solution

Project Time:

12 months

Team Size:

4 specialists

Industry

Finance

Engagement model

Time and Material


Combined Shape

Blockchain


Combined Shape

Devops


Stroke 1

Frontend


Stroke 1

JavaScript


Combined Shape

Node.js


Combined Shape

PHP

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.

Szymon Head od Sales & Delivery Manager

Blog posts

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Blockchain governance: Guide by experts

8 min

Since public blockchains function as decentralized networks, they need to maintain a high level of fault tolerance to assure authenticity. This proves to be challenging and requires new forms of distributed governance. Otherwise, achieving the long-term sustainability of the entire blockchain network is next to impossible.

Mon/Feb/2022
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10 Common Software Architecture Patterns: Expert Guide

8 min

Did you know that before starting a software development project, an architect needs to pick the software architecture for it? This is a common best practice in the tech industry that allows teams to make the most out of the software and create a better experience for users.

Wed/Mar/2022
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The Top Blockchain Protocols You Should Know

8 min

We’ve already covered different aspects and use cases of distributed ledger technology on our blog. Today we are going back to its core concepts, i.e., the consensus mechanism. We’ll explain the idea and introduce you to the significant enterprise blockchain protocols. But before that happens, let’s talk about the basics.

Tue/Mar/2022
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