Jul 07, 2022
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Completed
BLOCKCHAIN-BASED GLOBAL RICE TRADING PLATFORM
$100,000+
more 1 year
United States
6-9
Service categories
Service Lines
Web Development
Domain focus
Banking & Financial Services
Challenge
Technological challenges for Unicsoft team
To bring the idea to life in the best possible way, we faced the following challenges
1. Pioneering Hyperledger
2. Azure VS Hyperledger
3. Trust & Transparency VS Security
4. Stability and Accessibility
5. Seamless Digital Transformation
Technological challenges for Unicsoft team
To bring the idea to life in the best possible way, we faced the following challenges
1. Pioneering Hyperledger
2. Azure VS Hyperledger
3. Trust & Transparency VS Security
4. Stability and Accessibility
5. Seamless Digital Transformation
Solution
Digital platform that connects sellers and buyers, adding up transparency, reliability, speed, and insightful analytics that helps participants to easily find best prices, best partners, and best conditions.
To ensure transparency along with security, we’ve built the private permissioned blockchain based architecture with the ability for participants to host their own blockchain nodes. Such an approach ensures 2 key outcomes:
1. No irrelevant participants;
2. Immutability of the system.
To ensure the stability of the platform from the architecture perspective, we’ve chosen to leverage Azure’s cluster configuration with load balancer.
Digital platform that connects sellers and buyers, adding up transparency, reliability, speed, and insightful analytics that helps participants to easily find best prices, best partners, and best conditions.
To ensure transparency along with security, we’ve built the private permissioned blockchain based architecture with the ability for participants to host their own blockchain nodes. Such an approach ensures 2 key outcomes:
1. No irrelevant participants;
2. Immutability of the system.
To ensure the stability of the platform from the architecture perspective, we’ve chosen to leverage Azure’s cluster configuration with load balancer.
Results
As a result of our collaboration, our client received a solid, secure blockchain-based trading platform that helps reach their main project goal: to provide a global rice trading marketplace that is transparent, secure, and flexible, satisfying the worldwide demand for rice while building confidence for all market participants.
As a result of our collaboration, our client received a solid, secure blockchain-based trading platform that helps reach their main project goal: to provide a global rice trading marketplace that is transparent, secure, and flexible, satisfying the worldwide demand for rice while building confidence for all market participants.