The Business Requirement
The client sought to innovate the digital lending market by offering a decentralized finance platform that provides an alternative to traditional financial systems, focusing on high-profile transactions and preparing to scale as demand grows.
Business Solution:
AccelOne assembled a team of top engineers and designers to develop a scalable product that supports digital lending in a decentralized finance environment. The solution focused on security, usability, and the flexibility to adapt to a rapidly evolving crypto market.
The Technical Solution
AccelOne gathered a team of the best engineers and designers in the crypto space, with the most brilliant minds of Latin America, including PhDs in engineering, physics, and mathematics, to create a solid, scalable, and efficient product for our client.
The technology used to create and deploy the client solution included:
AWS for the cloud services using Terraform
CI / CD within those services
Nodejs for the API and integrations
Containers
ReactJS for the web application
AccelOne created a team to meet the client’s specific needs. The team was made up of the following roles:
Chief operations officer
Project manager
Integration back-end engineers
Front-end team Leader
Front end engineers
QA automation engineers
DevOps
UX / UI designers (Fintech oriented)
The Challenges
The fast-paced evolution of the crypto market required frequent feature changes, while the platform had to be secure and scalable to handle high-profile transactions.
Flexibility: As the crypto business is evolving fast and mutating in several different branches, AccelOne’s team worked in a quite dynamic agile environment, changing and adding features quite frequently.
Scalability: The platform is oriented to particular businesses with a small number of high-profile transactions, but it is also prepared to scale to a high-frequency version when required.
Security: This is perhaps the most important topic in FinTech. To achieve a high level of security, the key was focusing on the design and implementation, done with a daily collaboration between designers, engineers, and DevOps. Different levels of security tests are performed periodically.
Availability: Based on the same principles of security and scalability, but adding permanent monitoring services to detect any service shortage in real-time.
The Results
The platform was successfully launched, offering users a simple and secure interface for digital lending. The client’s user base and transaction volume are growing steadily, and the platform is scalable to meet future needs.
The usability of the product (UI) provides a unique simplicity to the users, generating long-term engagements.
The user base and transaction volume is growing every day.
AccelOne’s expertise in decentralized finance and agile development helped the client deliver a unique, secure, and scalable digital lending solution, positioning them as an innovator in the DeFi space.