From Years to Months: How Synodus Overcame a Digital Wallet Hurdle in a Short Time

Our client, an emerging leader in the digital payment market, had an ambitious goal: reach 3 million users by the end of 2023. To achieve this, they embarked on a blockchain-enhanced expansion, launching an e-wallet that facilitated international transactions for both e-money and cryptocurrencies.

However, despite their trusted tech partners' competence, the solution wasn't scalable enough to meet the long-term needs of explosive user growth. Eventually, they approached Synodus hoping we could expedite the project's launch and address the scalability issues in the shortest time frame possible. That's when Synodus came in.

The First Attempt at Entering the Crypto World

Our client had a comprehensive strategy to establish a robust financial ecosystem. To transform this ambitious plan into a reality, they required:

1. An experienced ally in cryptocurrency and payment processing
2. A long-term partner to develop and sustain the blockchain system

Initially, our client partnered with 2 development firms. Although both were supportive, they soon faced challenges in meeting timelines and maintaining quality standards. These issues hindered our client's growth and prevented the digital wallet from launching for over 2 years.

The Synodus Journey To Become a Trusted Partner

Earning our client's trust was no small feat. With a history of working on 100+ blockchain products and multiple financial ventures, we approached the challenge with confidence.

We started with open discussions to understand their business strategy deeply. This sensitive information allowed us to craft a precise product roadmap and architecture.

Next, we conducted a comprehensive assessment to identify areas needing attention, ensuring a seamless integration and expansion. Our transparency dispelled any skepticism, sparking a close and trusted partnership.

The Efficiency Digital Wallet Launched After 4 Months of Work

After four months of dedicated effort, synodus launched an advanced digital wallet with the following impressive features:

• The wallet boasts a user-friendly and intuitive interface, making it simple for anyone to set up an account, navigate their financial landscape, and execute transactions seamlessly.
• Through our robust peer-to-peer transaction system, users have the capability to effortlessly convert currencies and conduct global transfers, enhancing the ease of international transactions.
• Our platform accommodates a diverse range of wallet options to suit every need, including custodial and non-custodial wallets such as Hot, Cold, and Gas wallets, providing comprehensive solutions for all types of users.
• We prioritize the security of your data and transactions. To this end, we've implemented a multi-layered security framework featuring two-factor authentication and Vault encryption, ensuring your finances are always safeguarded.
• The efficiency of our platform isn't limited to the user interface; it extends into our back-office operations. Our lean and potent infrastructure is powered by NodeJS, NestJS, PostgreSQL, and Redis. This robust tech stack guarantees fast transactions and can effortlessly support an expanding user base.
• Additionally, our adoption of Google Cloud Pubsub, Golang, and Firebase underscores our commitment to a microservices architecture. This design choice not only enhances scalability but also ensures real-time capabilities, making our e-wallet a cutting-edge tool for financial management.

The Numbers Talk

With the latest launch, our client significantly boosted their standing in the blockchain arena, establishing themselves as a leader in secure and rapid financial transactions.

This platform has quickly drawn in new users, propelling our client to achieve the remarkable milestone of 3 million users.

Additionally, through forging strategic partnerships with leading entities in the space, supported by our robust API, our client has been able to expand and enhance their service offerings.