Cryptocurrency Wallet Development Services
Build a Crypto Wallet with Professionals
ScienceSoft offers end-to-end cryptocurrency wallet development services to help companies in 30+ industries design, build, integrate, and maintain crypto wallet applications.
By the type of key storage
- Custodial wallets.
- Non-custodial wallets.
By the method of storage
- Hot (software) wallets.
- Cold (hardware) wallets.
By the number of cryptocurrencies supported
- Coin-specific wallets (e.g., only Bitcoin, Etherium, Ripple).
- Multi-currency wallets.
By the number of wallet users
- Single-signature (singlesig) wallets for personal use.
- Multi-signature (multisig, shared) wallets for business needs.
Crypto asset security
You get: A highly secure infrastructure to store and manage crypto assets for transparent and safe payment transactions.
- Automated generation of a seed phrase.
- Generating and managing public and private keys.
- Multi-factor authentication.
- Data encryption.
- Transaction e-signing using asymmetric key pairs.
- End-to-end audit trail.
- Automated fraud detection.
- Geography-based KYC verification.
- Automated session logout after a pre-defined time.
- Crypto wallet backup.
- Biometric authentication (e.g., facial or fingerprint recognition).
Crypto asset management
You get: Facilitated buying, selling and exchange of crypto assets, fast and cost-effective payment transactions with no intermediary services.
- Making and accepting domestic and international payments in cryptocurrencies, including recurring payments.
- P2P cryptocurrency sending and receiving.
- OTC cryptocurrency trading between crypto wallet users.
- Configurable dashboards with up-to-date cryptocurrency exchange rates.
- In-app cryptocurrency trading on a connected crypto exchange.
- Support for crypto-to-crypto and fiat-to-crypto (and vice versa) exchange transactions.
- Buying cryptocurrencies with a credit card.
- Selling cryptocurrencies and getting the money credited to the credit card.
- Automated updates of the value of crypto assets on the account balance.
- Automated conversion of the account balance and transferred amounts to the user-defined cryptocurrency or fiat currency.
Transaction tracking and tracing
You get: Full visibility into and facilitated traceability of the crypto wallet transactions.
- Real-time transaction tracking by status, period, amount, and more.
- Automated detection and denial of duplicate transactions.
- A full history of crypto asset transactions.
- Configurable user notifications, e.g., on successful or failed transactions, crypto coin prices increasing above or dropping below the pre-defined level.
Support for multiple crypto assets
You get: Seamless operations with user-defined cryptocurrencies, including custom crypto tokens.
Transacting and storing:
- Bitcoin, Ethereum, and other required crypto coins.
- ERC-20 tokens.
- Custom cryptocurrencies.
You get: No single point of failure, minimized risk of unauthorized spend.
- Multi-user access to the wallet.
- Configurable rights for different wallet users (e.g., initiating transactions, participating in an authorization workflow only).
- User-defined number of signatures required to authorize a transaction.
QR code-based payments
You get: Faster and more convenient payments.
- Automated generation of a QR code that contains data on a crypto wallet address and a selected cryptocurrency.
- Sending and receiving payments by scanning a QR code.
- QR code sharing with other persons.
ScienceSoft USA Corporation is listed among The Americas’ Fastest-Growing Companies 2022 by Financial Times.
Perks of ScienceSoft’s Crypto Wallet Development Services
Flexible cooperation models
– full crypto wallet development outsourcing, dedicated teams or team augmentation.
Fast crypto wallet development
– quick project start (1-2 weeks), frequent releases (every 2-3 weeks), established Lean, Agile and DevOps cultures.
Selected Crypto Wallet Projects by ScienceSoft
Team Augmentation for Front-End Development of a Mobile Bitcoin Wallet
- Cooperation start in 5 days.
Customer’s benefit: Faster launch of a cross-platform cryptocurrency wallet to facilitate Bitcoin management.
Consulting on Crypto Wallet Development for a EU Fintech Startup
- Cooperation start in 10 days.
- Analyzing customer needs and eliciting requirements for the crypto wallet.
- Suggesting an optimal approach to crypto wallet development.
- Introducing a crypto wallet product concept, a technical requirements specification and a detailed implementation project plan.
Customer’s benefit: An opportunity to cut the development project cost x12+ times.
Crypto Wallet Integration with NEAR Protocol for CoolBitX
- Introducing tech documentation on the operating capabilities of the NEAR network.
- 8 weeks to create integration SDK that comprised NEAR network API, code libraries and compilers, integration tutorials, and more.
- Performing functional and integration testing.
Customer’s benefit: Fast and smooth crypto wallet connection to the NEAR network, higher product value for the end users.
Our Customers Say
CMO and Co-Founder
We wanted to build a multi-chain crypto wallet that would let users convert cryptocurrencies without commission. ScienceSoft came up with a go-to architecture, features, and tech stack for our multi-chain wallet, and introduced a detailed roadmap for crypto wallet implementation. Besides, they helped us develop a corporate website to represent essential technical information and a white paper for our potential customers and investors.
Business Development Manager
Owing to ScienceSoft’s expertise in Blockchain-based software development, we chose them as a technology partner for the CoolWallet SDK development project. We were pleased with the outcomes of the project, as well as with the transparent and responsive collaboration from the vendor.
Director of Technology
For our project – building a Bitcoin mobile wallet on Cordova – we needed the assistance of a skilled mobile developer. The developer managed to quickly understand the existing code base and proceeded to modify and evolve it according to our requirements. Together, we released our app on time and budget.
Technologies & Tools We Use
How can we assess the cryptocurrency wallet viability for our business needs?
Our crypto wallet development company provides a risk-free start of cooperation with a feasibility study to ensure that you will leverage expected financial gains from the crypto wallet app. ScienceSoft also offers Proof of Concept development to test the solution’s viability in real life.
How long does it take to implement a cryptocurrency wallet?
ScienceSoft can provide an MVP of a crypto wallet app in 1-4 months and consistently grow it to a full-featured solution with major releases every 2-4 weeks.
What are the pricing options for crypto wallet development services by your company?
Depending on the required kind of service, we offer:
- Time & Material, Time & Material with a cap – for advisory activities, agile implementation of a crypto wallet with frequently changing requirements.
- Fixed price – for a feasibility study and PoC development, crypto wallet implementation divided by stages to fix the price for each stage.
- A monthly subscription fee – for cryptocurrency wallet support activities.
How can we optimize the cost of cryptocurrency wallet development?
In crypto wallet development projects, ScienceSoft analyzes a client’s business needs to define an optimal feature set for the solution and avoid packing it with unnecessary functionality. We develop software iteratively to introduce the fundamental functions first and enable faster payback from the crypto wallet implementation. To streamline crypto wallet development, we rely on proven frameworks, platforms, and ready-made components where possible.
How can you ensure the crypto wallet security and the safety of data it stores?
Our cryptocurrency wallet development company enforces policies to ensure legitimate user access, confirm transaction validity, prevent fraudulent and malicious activities, and guarantee easy crypto wallet backup if required. We also devise a strategy to prevent technology risks and stay compliant with ISO 27001/27002, FINRA, GLBA, GDPR, PCI DSS, AML/KYC regulations, and other relevant standards and regulations.
Cryptocurrency wallet consulting
- Analyzing your business needs and eliciting requirements for a cryptocurrency wallet.
- Suggesting an optimal cryptocurrency wallet type, architecture design, and tech stack.
- Providing a detailed feature set for a cryptocurrency wallet.
- Suggesting optimal API integration patterns.
- Preparing an integration plan with required software, e.g., accounting software, an ecommerce website.
- Cryptocurrency wallet security consulting.
- Delivering a roadmap for cryptocurrency wallet implementation, including a risk mitigation plan.
End-to-end cryptocurrency wallet development
- Analyzing your cryptocurrency wallet needs.
- Cryptocurrency wallet conceptualization.
- Architecture design for the cryptocurrency wallet.
- Cryptocurrency wallet development.
- API development to expand the solution’s integration capabilities.
- Integrating the cryptocurrency wallet into an existing software ecosystem (if required).
- Testing and quality assurance.
- Drawing up user training materials or conducting user training (optional).
- Cryptocurrency wallet support and evolution (if required).
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