New in our blog: New token types - everything you need to know about them

Silver Cryptocoin B.V. is a dutch company which sells physical silver online.

E-commerce platform for token purchasing and has integrated it with an Ethereum blockchain

The company wanted to allow the investors a more convenient way of purchase and storage this commodity and to expand investment possibilities for buyers. Thus the crypto token appeared. Instead of buying physical silver, an investor can buy its digital equvalent on Ethereum blockchain as ERC20 tokens fully backed by physical silver stored securely by the company. Investor can conveniently sell owned tokens on crypto exchanges or directly in peer-to-peer way.

Nextrope has created an e-commerce platform for token purchasing and has integrated it with an Ethereum blockchain. Nextrope gave consulting services in financial flow and algorithms within the platform. Nextrope also maintains server and blockchain part of the platform upon SLA agreeement.

Most important requirements for the project were:

maintenance

Convenient user experience for investors

automation

Hedging company's financial assets framework

priority

EU legality in cryptocurrencies solutions

Technology choice

nodejs

Node.js with Loopback framework for serving REST API

postgreSQL

PostgreSQL database

ngnix

Nginx application server

react-native

React

Ethereum

Ethereum blockchain was used for token creation and payments.

The challenges we had to face up were:

How to mix world of physical investments with their digital equivalents from business owner perspective.

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Konrad Szałapak

Konrad Szałapak

COO of Development

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Tomasz Sienicki

Tomasz Sienicki

Blockchain Strategy Manager at Alior Bank

Next Enterprises has provided the bank with a technology service related to the bank’s implementation of a project using blockchain technologies. As part of the cooperation, the company made the service available in the SaaS model, maintaining a solution on its servers, ensuring its availability for the Bank and guaranteeing the quality consistent with the quality standards contained in the contract.

Kajetan Komar-Komarowski

Kajetan Komar-Komarowski

Co-owner and lawyer at Lex Secure

Working together with the team over at Nextrope defines a whole new level of quality, innovative solutions, and professional services. If you need any support with blockchain technology, you came to the professionals. Would definitely recommend!

Maciej Skrzypczak

Maciej Skrzypczak

CEO Gameset

November 2017 we have published a game using smart contracts as a distribution and transaction mechanism. Nextrope team supported us in the most important part of the project - creating and testing secure blockchain smart contracts on Ethereum network. I can highly recommend Mateusz and his team, as the true experts in the blockchain field.