Neebal assembled a team of Blockchain experts and business analysts to survey and understand the problem areas to be addressed in process of Cryptocurrency Exchange Development.
A survey was performed to identify problems faced by cryptocurrency traders on other platforms and this helped to identify the common problems faced in Cryptocurrency Exchange Development.
The solution architect created and introduced a flexible integration mechanism that helped in the seamless integration of a multitude of cryptocurrencies. This scalable mechanism is key to meet the client’s ever-incrementing cryptocurrency integrations.
A two factor authentication was implemented to secure cryptocurrency deposits and withdrawals.
The 1 Step verification process integrated during Cryptocurrency Exchange Development helped users to sign up and start trading in less than 3 minutes.
The implementation of real-time logging of failed transactions on the blockchain helped to tag and identifying users at blazing fast speed. Proactive and fully automated actions on stuck transactions reduced the volume of tickets being raised.
As compared to other platforms, real-time monitoring of the blockchain has supported in increasing the efficiency of the platform up to 70%.
Implementation of trade engine that supports ultra-fast transactions has provided us with a window of up to 100K transactions per second.