Reward Automation: Managing Dividends & Crypto Assets

Company overview

The largest data-center operator in CIS providing the equipment for energy-consuming and blockchain computing. It provides hosting services and ready-made solutions for large-scale eco-mining of cryptocurrency, data management, operations with blockchain and AI to institutional clients all over the world. Now the company is utilizing only extra hydropower for the work of the largest hosting provider that offers services of colocation for mining of digital financial assets.

Project overview

The investor’s account allows quick control of the dividends distribution on purchased tokens, tracking payments of rewards, and handling company-related crypto assets.

The module embedded into the system algorithmically calculates rewards and makes automated payments to all the company investors.

Clients goals and requirements

Ensure the system has reliable and fault-tolerant storage to securely handle transactions created by its members.

Implement measures to protect records, ensuring that they cannot be altered once they have been created

Enable the storage of real-time transactions and maintain accurate user balance status records.

Ensure system participants have access to the transaction history within the blockchain, allowing them to monitor the system transparently.

Create a robust smart contract to automate processes and enhance security within the system.

Launch a custom token compatible with both the ERC20 and BEP20 networks, enabling broader functionality and integration.

Ensure the system is fully optimized for mobile devices, providing users with a seamless and intuitive experience across all platforms.

Team 10+ members

Sales team

Consulting team

Development team

QA team

There were a number of meetings on the presale stage to define the client’s needs and develop the right approach to further work.

BA gathered and traced requirements, wrote documentation and user manual. UI/UX designer team was involved at the stage of system modeling to create interface and models of user behavior.

Architecture and system components were created by the architect together with the Business analyst. Front-end and back-end team of developers took on the development process.

As soon as the product was ready it was exposed to testing by QA before rolling out to the market.

Key Project Achievements

Technical Solution and Proof of Concept Presentation

Our developers presented a technical solution and prepared the proof of concept.

Smart Contract Creation for Token Bridge

We created smart contracts in ERC20 and BEP20 networks for the token bridge;

Algorithm Development for Enhanced System Reliability

We developed algorithms of data receiving not only using API mining pool, but also calculations collected from open sources of blockchain to improve system reliability

SCRUM Methodology Implementation

We deployed the SCRUM methodology with two-weeks sprints and daily status meetings to provide effective development and continuous delivery since the distributed team was working under the project; #5

Weekly Online Meetups for Improved Communication

We held weekly online meetups for better communication and requirements gathering due to many stakeholders from the client’s side.

Third-party integrations

We integrated third-party services including ViaBTC, Nasdaq Data Link, and Blockchain.com

More case studies

Want to see other results we delivered? Take a look at other projects developed by ND Labs.

Reward Automation: Managing Dividends & Crypto Assets

Company overview

Project overview

Clients goals and requirements

Team 10+ members

Key Project Achievements

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