How to Introduce Crypto as a Mainstream Source for Day-to-Day Transactions for Asian Bank

About

Asian bank is platform for people who have crypto assets looking for a place to store, transact, and convert cryptocurrencies in fiat currency.

It is a core banking solution that offers functionalities such as wire transactions with crypto, buying and selling of cryptocurrencies, wallet recharge, and other payments using Bitcoin and Ethereum. Asian bank fintech app development was really important.

How was Crypto introduced as a Mainstream Source of Day-to-day Transactions

Traditional banking was basically considered as a convenient way of making financial transactions. Nonetheless, advances in technology have left banks vulnerable to data breaches and other governance & compliance issues.

Definitely, cryptocurrencies are playing a big role in addressing the imperfections as stated. Although cryptocurrencies are the probable future of currencies in general but their current adoption is still an impediment with slow growth. It’s all a ripple effect of the fact that there are fewer real-life uses, so its wide adoption is still up for grabs.

Our Process

1. Conceptualization:
-User flow
- Competitiva analyis
- User Interview

2. Design:
- User flow
- Journey mapping
-Wireframing

3. Development:
- Android , iOS Development
- User testing

4, Deployment:
- App store and play store deployment
- post lunch maintenance

Building the next best thing in the Consumer Finance Space
The modus operandi of the Asian bank cryptocurrency project for us was to overall look at the solution to be a banking solution that providers a custodial cryptocurrency wallet along with plastic cards.
Incorporating of a concept that’s still finding it’s grounds in mass real-life usage required on extensive set of hypothesis testing on our project development team’s end.

Architecting the solution as we had to maintain a central ledger of both FIAT and crypto maintaining a user’s fund integrity.

The Results
- 250k+ app downloads

-500k+ cryptocurrency transactions

Reference article; https://appinventiv.com/portfolio/asian-bank-fintech-app/

Article source: https://article-realm.com/article/Health-Fitness/28492-How-to-Introduce-Crypto-as-a-Mainstream-Source-for-Day-to-Day-Transactions-for-Asian-Bank.html