Blockchain caste study - Exchange Coin

Please enable JS

Home » Case Studies » Exchange Coin – Case Study

fully decentralized cryptocurrency exchange based on custom blockchain
for European startup

We implemented Proof of Work – Equihash (ASIC-resistant) algorithm that works with Proof of Stake consensus, to make blockchain completely secure from the day one, even in the absence of computing power used for mining.

CLIENT:

Exchange Coin (EXCC)

PROJECT DURATION:

February 2018 – February 2019

CLIENT’S WEBSITE:

https://excc.co/

PROJECT SCOPE:

Proof of Work + Proof of Stake blockchain,
decentralized cryptocurrency exchange

ABOUT PROJECT

Exchange Coin (EXCC) is aimed to build decentralized cryptocurrency exchange (DEX) dedicated to semi-professional cryptocurrency traders, that allows multi-blockchain transactions in a seamless and secure way.

BUSINESS CHALLENGE

EXCC founders, after successful ICO struggled with finding a reliable technological partners who could take care of advanced blockchain technology development. Pragmatic Coders provided a dedicated cross-functional Product Team (including Backend and Frontend Developers, Product Owner, and Scrum Master) that worked towards the goal set by founders.

BUSINESS SOLUTION

The team took complete ownership of the technical aspects of the product from backlog formulation up to the software delivery and technology selection. The core of the product is an innovative, built from the ground new blockchain – EXCC – with Proof of Work and Proof of Stake consensus algorithm and entire infrastructure required for it to operate.

Beside of software development Pragmatic Coders supports EXCC in Marketing and Public Relations through their trusted marketing/PR partners network.

TECH CHALLENGE

Creating a blockchain that is secure, fast, reliable and suitable for building a decentralized cryptocurrency exchange is a challenge itself. But doing it under time pressure, with a roadmap that from the day one is behind the schedule, requires extra management skills, expertise and extraordinary team effort.

APPROACH

We quickly built partner relation between client and Pragmatic Coders. Thanks to that we were able to take full product ownership and the responsibility for the product development success. That way we were able to move fast, solve most of the problems locally and in the result deliver reliable solution on time.

TECH SOLUTION

During our cooperation with the client we delivered dozens of features and solved number of problems, to name just a few:

Implementation of Proof of Work – Equihash (ASIC-resistant) algorithm that works with Proof of Stake consensus, to make blockchain completely secure from the day one, even in the absence of computing power used for mining.
Creation of new full node wallet that is web and desktop ready.
Setup of the entire blockchain related infrastructure (blockchain explorer, staking pool, mining pool, miners etc).

TECHNOLOGIES
WE USED

Our mission is to deliver high-quality software and bring new technological ideas to our clients.
We understand that technology is only a tool. But we use these tools to build amazing products for our clients.

CLIENT’S TESTIMONIAL

We used to work in a very fast and dynamic way, made decisions quickly, based on data and research. We found out quickly that often software development teams aren’t so dynamic in the delivery of the agreed scope. We contacted and tested the cooperation with a couple of them. Finally, we found the perfect match – Pragmatic Coders.

Sylwester Szczepanek

CEO, Exchange Coin

WANT TO LEARN MORE?