Project Overview
KoinKoin is a digital assets exchange designed to meet the needs of users in Africa, facilitating the exchange of fiat and cryptocurrency. Available as a mobile app on both Android and iPhone, KoinKoin simplifies buying, selling, and transferring digital assets across Africa, Southeast Asia, and Western Europe in a post-Brexit and post-pandemic landscape.
Our Approach to Problems
We developed a mobile app for both Android and iPhone tailored to the needs of the African community. The app enables users to buy, sell, and invest in cryptocurrencies. Faced with the challenge of developing the app within a tight budget and timeline, we opted for a cross-platform approach rather than a native application. This strategy allowed us to use a single codebase for both platforms, optimizing our resources and development time
Services Offered
Initially, we developed a unified codebase for both Android and iPhone platforms. However, this approach alone did not address the legal complexities of buying and selling cryptocurrencies internationally. Strict Know Your Customer (KYC) regulations must be adhered to for legal transactions. Once KYC verification is complete, users are authorized to buy and sell cryptocurrencies legally. This process ensures security as each wallet address is linked to a 16-20 digit hash that represents the user's identity. KYC involves collecting comprehensive user information, typically facilitated by a third-party service. User onboarding requires basic details such as email, password, and identity documents. Upon successful KYC login, users gain access to listings of Ethereum and other cryptocurrencies, enabling them to transact according to their needs.
Results - This is where BloxBytes comes in
