Overview

The crypto world is complicated, isn’t it? Well, in the previous period, we worked on overcoming those challenges and simplifying that world. I’d say we even brought order to a world full of chaos.

Challenge

Everyone would like to receive payments and pay in crypto currencies, but very few know how to do so. Also, there is a big shade around crypto payments because scammers often use those. Well, kind of. We’ve helped a client from the US to build a system that eliminates those problems.

Solution

The solution was to build a social network for crypto users. It allows both individuals and businesses to register and add accounts, as well as generate a personal profile page that can be shared and where others can see all the crypto payment details required to pay that person/business.

And yes, it is completely safe and scam-free. In order to eliminate the biggest worry of all, scammers, we implemented an all-around verification system. First, we integrated with Persona to verify the identity of our customers during the KYC process, and then we involved steps for each single a count being added. Also, we have similar procedures while verifying businesses and their accounts.

Impact

The application we have built has already gained a lot of traction and positive feedback. KnowCoin landed some big US-based clients who want to receive crypto, and their feedback is that, besides the platform, our educational videos and materials helped them deeper understand this world of Bitcoin, Ethereum, Doge, and others.