Real estate development company wanted to launch an ICO campaign to pitch their new project. A solution that will help to overcome main industry challenges: construction progress monitoring, construction process facilitation, proper resources allocation.
We were asked to handle technical part of the system development and ensure smooth user experience during ICO.
We’ve developed a comprehensive blockchain-based solution for speeding up construction audit process by automating milestone planning. The system had to resolve common issues that are faced by both developers and constructors: mutual trust, compliance with the contract’s terms and conditions, fast critical situation handling, financial transaction issues. – Smart contracts integration – Custom RFID tags id generation – Blockchain-based financial transaction processing – Real-time construction process monitoring.
1. Define platform functionality
As the project has rich functionality that could be divided into 3 subprojects, it was challenging to unify each stakeholder opinion into an MVP specification. But it gave both marketing and technical teams deeper understanding of the whole idea.
2. Working cryptocurrencies frameworks
During ICO stage, we needed to implement a function that will send crypto-currency (BTC, BCH, LTC) paid tokens into Ethereum based smart contracts. We’ve developed an API integration with personal accounts that handle all transactions.
2. Smart contract constructor
3. Fundraising marketplace
4. Construction monitoring
5. Secure reports
We’ve delivered an MVP product that includes:
Also, our team ensured smooth user experience during ICO. At the ICO stage, we were responsible for servers maintenance, QA of 3rd party code, and deployment to the production instance. Now we continue working on the platform, creating a building management solution that would link together IoT, BI analytics, and blockchain.