Project Overview

Shido Wallet is a crypto wallet solution that holds crypto assets securely and performs transactions seamlessly. Security is the top priority, so high-graded security mechanisms have been integrated to prevent hacks and eliminate security vulnerabilities. Apart from security, The purpose of creating the mobile wallet(Android & iOS) was to provide a convenient means of storing, managing, and transacting with their cryptocurrencies.

SOLUTION

Shido Wallet

DEMOGRAPHICS

New York

INDUSTRY

Finance

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Business Requirements

The firm shared a vision of developing a ones-top decentralized mobile app that could cater the needs of different users and approached Antier.After analyzing the requirements we introduced an innovative and highly-secure DeFi wallet.The goal was to build a simple and easy to use platform for seamless transactions and digital asset management.

Develop a Decentralized Mobile Wallet App to streamline users' financial journey.
Customize the mobile wallet application according to the brand needs.
To build a Mobile Wallet App (iOS and Android) that supports BTC, ETH, and BNB (BSC).
Set up and Host the application on Apple & Google Play Store.

Challenges We Encountered

The wallet solution was developed to resolve numerous challenges. The first one was giving complete fund authority to the users, which was in the hands of third-party earlier. Let us highlight other challenges that Shido Wallet intended to solve:

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Security

Security is a crucial aspect considered while developing a crypto wallet application. Most applications are susceptible to hacking attempts, malware, and unauthorized access, compromising user assets.
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Platform Compatibility

Developing a crypto wallet app compatible with multiple mobile platforms is a task as each platform has its own development frameworks, programming languages, design guidelines, and security considerations.
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User Experience and Design

Balancing security features with a seamless user experience as most wallets have complicated and poorly designed interfaces. Even complex navigation makes wallet access difficult for first-time and experienced users.
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Blockchain Integration

Integrating the mobile app with various blockchain networks and supporting multiple cryptocurrencies can be a daunting task, as every blockchain has its own technical specifications, protocols, and wallet requirements.
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Performance and Scalability

Performance and scalability are two key components of wallet development. Every crypto wallet is equipped to handle increasing users. Scalability qmeans that the wallet can be resized as per the requirements.
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Regulatory Compliance

A crypto wallet mobile app must comply with evolving legal and regulatory requirements. Different jurisdictions may have specific regulations that must be strictly followed.

Analysis & Approach

As a leading crypto wallet development company, we adopt an agile approach, which has helped us deliver innovative wallet solutions to corporations globally. We build scalable solutions that can be customized as per business needs. We carried out a series of discussions to comprehend the customer's vision while focusing on parameters like security, cross-platform compatibility, and regulatory requirements. During the interaction, we encountered on-demand change requests that our team handled exceptionally well:

PHASE - 1

Requirement Gathering & Analysis

PHASE - 3

Front end & Backend Development

PHASE - 5

Deployment and Release
 
 

PHASE - 2

Conceptualization & Design

PHASE - 4

Testing and Quality Assurance

PHASE - 6

Maintenance & Support

Analysis & Approach

In this case study on NFT, our NFT development team embraces the agile approach, showcasing their exceptional expertise by seamlessly navigating the development lifecycle, delivering an innovative NFT marketplace with unrivaled precision and a skillset that fosters rapid iteration and continuous value creation.

PHASE - 1

BA Phase - Consultation & feature finalization

PHASE - 2

Wireframing & UI / UX process

PHASE - 3

Documentation (FRD & BRD) & React Conversion (HTML)

PHASE - 4

Third-party API integrations & biweekly JIRA sprints

PHASE - 5

Development - Front end, backend & smart contract

PHASE - 6

Testing & deployment

Discover Our State-of-the-Art Solutions

1. Security

Keeping the wallet secure has always been our top priority, so we implemented robust security measures, such as secure key storage, encryption, biometric authentication, and secure communication protocols.

3. User Experience and Design

Clear and user-friendly instructions were furnished on the platform for key tasks like account creation, fund transfers, and transaction history. The platform navigation was simplified so everyone could use it effortlessly.

5. Performance and Scalability:

The app can process transactions quickly, handle real-time updates, and manage large amounts of data efficiently. Optimizing app performance, implementing caching mechanisms, and scalability were emphasized from the start.

2.Platform Compatibility

Every platform has development frameworks, programming languages, design guidelines, and security considerations, so we introduced solutions with consistent functionality and perform optimally across platforms.

4.Blockchain Integration

Blockchain integration is a prominent wallet feature. Our team provided seamless integration with blockchains, handling blockchain synchronization and managing cryptocurrencies using thorough development and testing.

6.Regulatory Compliance

Our team ensured that the app meets the necessary compliance standards, such as KYC (know-your-customer) and AML (anti-money laundering) requirements, which can be complex and requires ongoing efforts.

1. Security

Our developers Implemented robust security measures, such as secure key storage, encryption, biometric authentication, and secure communication protocols, using their expertise and paying attention to intricate details.

2. Platform Compatibility

Each platform has development frameworks, programming languages, design guidelines, and security considerations. We developed a solution that offers consistent functionality, user experience, and performance across different platforms using additional development effort and expertise.

3. User Experience and Design

Clear and user-friendly instructions were furnished on the platform for key tasks like account creation, fund transfers, and transaction history.

4.Blockchain Integration

Our team provided seamless integration with blockchains, handling blockchain synchronization and managing cryptocurrencies using thorough development and testing.

5.Performance and Scalability

The app can process transactions quickly, handle real-time updates, and manage large amounts of data efficiently. Optimizing app performance, implementing caching mechanisms, and scalability were emphasized from the beginning of the project.

6.Regulatory Compliance

Our team ensured that the app meets the necessary compliance standards, such as KYC (know-your-customer) and AML (anti-money laundering) requirements, which can be complex and requires ongoing efforts.

Explore Our Exquisite Features

User-Friendly Interface

Enhanced Security

Multi-Currency Support

Dual theme support

NFT assets (ETH 721)

Swapping

App Browser Extension

Price Notification Alert

Fiat Conversion

Transaction Updates

A Visual Journey Through Our Trailblazing Project

Results and Impact

Shido Wallet was launched and received positive feedback from users and industry experts. Currently, the platform has been downloaded by 1T+ users and has got 4.9 ratings on Play Store. After developing the solution, businesses using Shido Wallet's white-label solution experienced brand differentiation and provided significant investment returns. Moreover, Antier's commitment to continuous updates and customer support ensured that the wallet remained at the forefront of technological advancements in crypto.

Technology Stack

  • Backend
  • Middleware
  • Framework
  • Nodejs
  • React Native Mobile App
  • iOS
  • Android
  • Server
  • AWS
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