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Cryptocurrency Digital Wallet

Challenges

  • Required a cryptocurrency based account management systems that will replace physical wallet to virtual wallet and currencies.
  • Should support multiple currencies such as Euros, Dollars, Yen, etc. other than cryptocurrencies for all users need.
  • All leather wallet items like ID card, driving license, biometric passports to a loyalty card, vouchers, receipts, mobile money and payment cards making them virtually available in their web & wallet apps (Personal Cards).
  • Make NFC based terminal to pay at the store.
  • Should be able to share money with friends and family domestically or internationally.
  • Stores countless credit and debit cards details and allows you to pick up the card you want to use for payments.
  • Should be able to Receive and store our loyalty cards, student cards, library card, photo ID (Citizen Cards).
  • Receive, store and use your event tickets, travel tickets and boarding passes.
  • Should Store all the receipts automatically in the wallet.
  • Enable people having shopping as a shared interest to build city-based networks. Along with sharing ideas, pictures, shopping and crowdfunding activities. Moreover, merchants should also able to post offers on groups’ shopping wall that can be accepted and paid.
  • Provide a gateway for service providers such as banks, merchants and government institutions to pay their fees or any further payments using Bitcoin (BVX).
  • Make requests for money to the users and record all the transactions with Date/Month/year respectively. Moreover, all the reports for the transactions need to be generated graphically.
  • Sorting of all transactions can be done by customizing the date display to the users.
  • Making Add own new product listing option and offer listing so that anyone can use the app for their own business purposes.
  • Make money/payment transactions directly to the user’s / company’s / Institution’s crypto wallets or bank accounts.
  • Support for multiple wallets for better accessibility

The Goal

The key goal was to replace leather wallet that will help to receive, store and use any wallet content across the world with Digital Web Wallet.

Our Approach

  • HeapTrace assisted the client in creating cryptocurrency digital wallet solution that enables in receiving, storing and utilizing all its content across the world with digital wallet.
  • All the virtual currency wallets can be gathered at a place that can be used while shopping, booking etc.
  • Creating a social feature available offering great discounts for the purchase of any items.
  • Sending money securely across the globe.
  • E-ticketing possible with the solution built.
  • The solution overcomes current barriers of single banking source. Also, enabling easier international transactions.
  • Support over the counter payment bill payment as well as transactions between two different wallets such as cash wallets, crypto wallets, open banking wallets, etc.
  • Provide multiple payment and currency options to the customers while shopping.
  • Manage all personal and citizen cards including Access Card, Boarding Pass, Business Card, Credit Card, Debit Card, Driving license, Event, Id Card at one place.
  • Utilizing the wallet for accessing the merchant’s offers.
  • Everything can be hosted virtually via ID card, driving license, biometric passports to a loyalty card, vouchers, receipts, mobile money and payment cards. This will help the user to access all the features just with the touch of their finger.
  • Support NFC (near field communication) technology allowing connection between two devices—for instance, a mobile phone and a payments terminal.
  • Provide transaction wise graphical representation of the crypto money transfers.
  • Shopping options as per the users choice.
  • Support multiple wallets for better accessibility.

Technology Stack

The technology stack that our developers used while developing this unique solution includes

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CASE STUDIES

  • Healthcare Document Management System
  • Real-time Broadcasting Live Streaming Platform
  • ERP Management System
  • Event Management and Hotel Booking Application
  • E-Commerce Platform P2P and Social Sharing
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