Soorx - Case Study

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Soorx

Best-In-Class Blockchain-Powered Trading Platform

Soorx, a crypto trading platform, witnesses a spectacular blend of advanced technologies and Islamic finance, offering a highly secure and ethical trading experience. The in-built tools help users smoothly navigate the crypto world and become global leaders without dissociating from their values.

Challenges

  • Picking the appropriate blockchain technology that ensures a trustworthy infrastructure.
  • Developing a platform that offers scalability by accommodating many transactions without hampering the speed.
  • Implementing robust security measures that provide protection against unethical hacking and reduce fraudulent activities.
  • Creating a much stronger community that enables constant engagement and user retention.
  • Adhering the platform with regulatory bodies like AML, Shari'ah, or Islamic law to maintain legal and secure operations.
  • Building a user-friendly interface that is easily navigable for experienced and new users.
The Solution

For Soorx

  • Executing robust AML solutions that aid in transaction monitoring and automate user verification.
  • Choosing a robust blockchain that offers high throughput value and uses layer-2 solutions to increase scalability.
  • Using cross-chain protocols and integration with existing liquidity providers to allow smooth trading across diverse blockchain networks.
  • Selecting contemporary tech stacks fostering top-notch efficiency and performance.
  • Creating a balanced tokenomics design to reward users with staking and loyalty programs.
  • Performing regular security audits, using hardware security modules, and executing penetration testing.

Technology Stacks

  • Solidity
    Solidity
  • Python
    Python
  • MongoDB
    MongoDB
  • Node.JS
    Node.JS
  • Golang
    Golang
  • AWS
    AWS

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