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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

Most important requirements for the project were:

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 equivalent 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.

Convenient user experience for investors

Hedging company's financial assets framework

EU legality in cryptocurrencies solutions

Technology choice:

Node.js with Loopback framework for serving REST API

PostgreSQL database

Nginx application server

React

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

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 equivalent 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.

Case study

Looking for exceptional Web3 & Blockchain developers for your project?

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Mateusz Mach
Key Account Manager
+48 793 578 777 Reach me out on Telegram

Scope of the project

API/Backend
Development

Web
Development

Mobile
Development

Product
Design

Blockchain
Solutions

Internet
Services

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.

Tomasz Sienicki

Tomasz Sienicki

Blockchain Strategy Manager at Alior Bank

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!

Kajetan Komar-Komarowski

Kajetan Komar-Komarowski

Co-owner and lawyer at Lex Secure

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.

Maciej Skrzypczak

Maciej Skrzypczak

CEO Gameset