Case Studies

Zebpay

Company Overview

Zebpay is a market-leading cryptocurrency exchange platform created for providing a seamless crypto exchange facility. Sevenbits got the opportunity to collaborate with the ZebPay Team to create one of the leading cryptocurrency exchanges. Offering a secure and quick way of buying and selling bitcoins and other cryptocurrencies in a simple way. The company's vision is to serve people of countries that are under hyperinflation and where the fiat value drops daily.

Problem Statement

The client's goal for this project was to develop a user-friendly, quick, and secure cryptocurrency exchange platform. The motivation behind creating this product was to bridge the gap between a good cryptocurrency exchange experience and the right customers. The client wanted to serve a large set of the audience so they wanted both a web portal and mobile application for their services.

Solution Provided

We tackled the integration challenge by implementing an additional layer over the multiple integration points. This blockchain-based anti-forgery layer helped in validating end-to-end server requests from a single verification point. By doing this, we were able to execute various third-party integrations at the same time. Along with this, we also managed to fetch and deliver optimized requests to mobile platforms to maintain a faster experience.

Coinapy

Company Overview

Coinapy Finance is a DeFi protocol that offers various Structured Products on-chain, which will be launched as Vaults. The Vaults will enable users to unlock 3 main categories of opportunities which can significantly improve their investment’s risk-return profile. These categories are Yield Enhancement, Principal Protection, and Leverage Participation.

Problem Statement

The client wanted to know how they might develop a decentralised Exchange platform and continue forward with market acquisition. They sought liquidity on the platform.

Solution Provided

We developed decentralised exchange on BSC blockchain with Swap and liquidity functionality. We also created a smart contract to support the same, to encourage the users to provide liquidity we implemented farming functionality with Dynamic APR calculation.

Backed

Company Overview

Backed is a crypto lending platform redefining financing. It is a platform where cryptocurrencies, tokenized physical/digital assets and legal tender can be leveraged, exchanged, invested and managed to help everyone succeed financially. The goal is to provide a platform with financial solutions curated to help everyone leverage holdings when liquidity and credit needs arise without ever selling their hard-earned stock. With fair interest, zero hidden fees, low-risk and instant transactions

Problem Statement

As the client was well established but was not able to find a technological partner who is up to date on the latest blockchain developments and technologies. For the project, they need consulting and a workshop. The task at hand was to create a comprehensive architecture and system as the client wanted to use an open-source platform, the entire architecture and system were difficult to establish.

Solution Provided

We are helping them to establish secure product release using Multiple Blockchains - QAPerformance, User experience, Scalability, and Stable releases.
-On-RampOn ramp and off ramp.
-Fireblock - Non-Custodial wallet provider, SGX server integration, Tap policy, Wallet structure, Integrate BTC, ETH, USDT
- Wyre payment gateway integration - Crypto to crypto payment, Fiat to Crypto payment.  Money flow diagram.
-Understanding the project and Providing them with the SOW.
-KYC Integration.
-Define get loan and repay loan Algorithm based on collateral.

Liminal

Company Overview

Liminal is an enterprise-grade platform that offers a robust infrastructure for managing digital assets. Liminal enables crypto-native companies to securely scale their digital asset operations through hardware devices backed, plug and play wallet architecture. Liminal’s security-first approach, allows projects to define customized policies and assign roles to users based on their responsibilities.

Problem Statement

The client was facing issues with handling loss of digital asset, addressing security concerns and having a firm cybersecurity system in place. The client wanted to develop a secure non-custodial wallet that high-value enterprise clients can use to manage their personal digital assets.

Solution Provided

-Ripple Blockchain integration - Change core functionality of mutlisig structure.
-Connect with AWS KMS and Trezor and Lazer wallet.
- Tron Blockchain integration - Blockchain parser - Transactions in blockchain are hashed and stored in our database.
-Webapp User interface design & development.
-We have created a wallet structure with multiple asset support and helped our client to establish secure product releases using Multiple Blockchains.

Numi

Company Overview

NUMI3 is a platform that allows user to make payments using their crypto assets and rewards user with NUMI tokens which user can convert and redeem into their crypto wallets. The platform is powered by its own NUMI token which would open multiple oppotunities for its users.

Problem Statement

Create a platform where user can make payment, can get crypto rewards on purchases, and participate in Giveaway Events to win crypto rewards.

Solution Provided

-Make a one tap payment method which allows users to utilize their crypto assets.
-User should be able to receive rewards on purchases and redeem them into their crypto wallet.
-Allow user to add crypto wallets to receive rewards.
-Referral module to share the app with friends and family to get rewards.

SpaceStake

Company Overview

SpaceStake DAO is a decentralized reserve currency platform on Binance Smart Chain. Unlike DAI or USDC, which are pegged to the value of the U.S. dollar, SPST's reserves are crypto assets held by the SpaceStake DAO Treasury.

Problem Statement

The client wanted to develop a decentralized reserve currency protocol that is responsible for the issuance and management of a fully backed, algorithmic, free-floating stable asset, Tokens. Each token is backed by a basket of assets (e.g. DAI, FRAX, LP), giving it an intrinsic value that it cannot fall below, which is arbitrary to a specific amount through staking and bonding.

Solution Provided

As a leading DeFi development company, we understands the immediate need of client and DeFi 2.0. We created Dapp that supports Staking and Bonding functionality.
- Bond: Bond is the secondary value accrual strategy of the platform. It allows the platform to acquire its own liquidity and other reserve assets such as LUSD by selling tokens at a discount in exchange for these assets. The protocol quotes the bonder with terms such as the bond price, the number of tokens entitled to the bonder, and the vesting term.
- Staking Staking is the primary value accrual strategy of the Platform. Stakers stake their tokens on the platform to earn rebate rewards. The rebase rewards come from the proceeds from bond sales, and can vary based on the number of tokens staked in the protocol and the reward rate set by monetary policy.

Veridoc Global

Company Overview

VeriDoc Global is a multinational modern tech company that provides secure and anti-fraud document verification solutions. VeriDoc Global uses blockchain and smart contracts technology stack that helps in maintaining the authenticity of documents shared among two parties. This tech giant provides fast and cost-optimized document verification services in multiple domains using patented digital security and QR code technologies.

Problem Statement

The company wanted to build a comprehensive platform for providing a blockchain and smart contract-based security to documents, product brochures, official documents, and contracts to maintain its integrity. They needed a blockchain-based solution to enable high-level encryption with ease of sharing. Their main vision behind this project was to provide a transparent platform that can validate the authenticity of documents to prevent forgery.

Solution Provided

-We focused on creating a multi-step verification and validation process that will make the entire operation fast and secure. Creating a multi-step process helped us in validating the proof of its existence using a one-way hash code architecture.
-Application Development: As per the client’s requirement, we created applications on Android and iOS that let users seamlessly upload and share documents in a secure manner.

CurrenSwap

Company Overview

Currenswap is a decentralized cryptocurrency exchange platform that empowers liquidity providers and traders to participate in a fully decentralized financial market place. Currenswap solves the problem of storing and transferring assets without the structure, restriction and costs of a traditional centralized banking system. Currenswap can do anything a bank can do just faster and more transparently on the Ethereum blockchain.

Problem Statement

Client wanted to create a wide range of private P2P exchange platforms to safely transact crypto-assets which Support multiple lists of crypto currency.

Solution Provided

- Peer-to-Peer Smart contract trade
- Using a smart contract to perform trade without the use of an intermediary will make peer-to-peer (P2P) trading easier. Ensure that your decentralized exchange is more transparent and faster.
- Automated Market Makers Provide Liquidity
- Ensure liquidity on your decentralized exchange with the automated market maker that automatically executes trades using liquidity pools while substituting buyers and sellers.
- Market-Leading Features With Institutional-Grade Security-
Achieve bank-grade security for your DEX fortified with industry-leading security features. Provide your users with a safe ecosystem for trading.

Treedefi

Company Overview

Founders of TreeDefi noticed that there was a lack of creativity that was set in the stone in the Defi community, that is why they started TreeDefi. It is the first NFT marketplace that offers NFTs backed by real trees planted around the world and offers various features to enrich users' NFT trading experience.

Problem Statement

The client was having trouble finding the suitable partner to help them develop a lottery system for their Defi platform. The lottery mechanism on their Defi platform was unable to work since they were not receiving accurate data. Their existing lottery method had some flaws, resulting in a high level of mistrust.

Solution Provided

- We created a smart contract for a lottery system similar to pancake swap
- For example: Paying for one ticket will give users a random 6-digit combination with each digit being between 0-9, for e.g. “1-9-3-2-0-4”. Match numbers from the left to win prizes—the more numbers that match, the bigger the prize pool you'll share in.
- The treedefi is on the BNB chain. We have created a solution with the autonomous nature of Blockchain that makes third party functions reductant, more reliable, and transparent.

Block Gemini

Company Overview

Block Gemini is a consultancy, Blockchain, and Software development firm, that has delivered enterprise-grade solutions for Supply chain and logistics, Regtech, Fintech, and more.

Problem Statement

Our challenge was to create an ecosystem that supports multiple use cases provided by Stable token, Security token and Utility token.

Solution Provided

- Utility token - We have created a utility token that allows their users to perform some actions on a certain network and is unique to its ecosystem,
- Stable coin - It is a digital currency that is pegged to a stable reserve asset like the USD or Gold. Stable coins are designed to reduce volatility relative to unpegged cryptocurrencies like bitcoin.
- Security coin - We have created a security token that authenticates a person's identity electronically by storing some sort of personal information.

MAXXER

Company Overview

MAXXER is the first centralized and regulated crypto exchange that focuses and rewards a communal and social trading system! They aim at making crypto investing and trading accessible and simple; guiding both new and experienced investors through the ever-changing cryptocurrency markets.

Problem Statement

Client had concerns on Token being lost in an unhandled transaction due to absence of backward compatibility in the system, as he wanted to distribute that token on specific time interval.

Solution Provided

-We researched and have created ERC 223 token which supports backward compatibility, and also utilizes event handling to prevent the token from being lost.
- We created a vesting contract crypto concept, the stability it provides gives a team the time to properly develop platforms. That provides the token with real use-cases.
- Creation of ICO contract, to create a positive network impact that can vitalize and strengthen decentralized applications that require numerous user or operational nodes.

Veridoc Ledger

Company Overview

VeriDoc Global is a multinational modern tech company that provides secure and anti-fraud document verification solutions. VeriDoc Global uses blockchain and smart contracts technology stack that helps in maintaining the authenticity of documents shared among two parties. This tech giant provides fast and cost-optimized document verification services in multiple domains using patented digital security and QR code technologies.

Problem Statement

They were using ETH Blockchain and major issue was related transacation and gas fees where transaction was very low and gas fees were very high, they wanted to go with POA blockchain (Their idea is to provide blockchain solution on authority based).

Solution Provided

- Proof of Authority (PoA) is the latest consensus protocol. We created multiple pre-approved nodes with blockchain network access authority. Currently approved nodes will have to vote when you want to add a new node. As a result, you get complete control to decide which node can mine or seal blocks in your private blockchain network. Any pre-authenticated signer can only vote once.
- We achieved Transactions speeds, Transactions charges, Control Over Blockchainnetworksk, Low energy consumption but a  limited number of actors.

BICS Global

Company Overview

BICS GLOBAL help the customer to engage with products and services using the mobile platform to connect with mobile, iPad devices anywhere anytime.

Problem Statement

Client wanted the user to study the courses related to medical and generate the Certificates, after completing any profession courses matching with the user profile. Client wants to make the certificate verified by public and that must be independent.

Solution Provided

We create an app that would allow professionals to access accredited training. Also, the app provides high-quality, interactive continuing education, and training for Optometrists.
- The practitioner is able to complete the training at a time and place that is convenient for them.
- By registering their unique GOC number, Eye Care Professionals can also ensure it automatically logs the courses they will complete.
- After successful training, a Certificate is assigned to users.
- Blockchain protocol Erc 721 (NFT) was used to provide a certificate.
- Also public verification of certificate (NFT) functionality is provided to them.

Inara Consultancy Services

Company Overview

Inara consultancy services was founded with a passion to help businesses flourish with the power of IT and digital marketing. We strive to provide effective business results for our esteemed clients.

Problem Statement

Create NFT for ticket from UI and store NFT hash token.

Solution Provided

- User will Buy tickets through crypto  
- Based on ticket quantity NFTs will be generated and assigned to the user's wallet.
- User will use NFT to verify ticket ownership
- We are managing each user's NFT history
- Identify NFT as Booked ticket and verify them.

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