CryptoPay

GIF
DashBoard
GIF
Login
GIF
CryptoPayment

Inspiration

Cryptocurrencies are the first alternative to the traditional banking system and have powerful advantages over previous payment methods and traditional classes of assets. Think of them as Money 2.0. -- a new kind of cash that is native to the internet, which gives it the potential to be the fastest, easiest, cheapest, safest, and most universal way to exchange value that the world has ever seen. More and more, mainstream companies are looking at cryptocurrencies and adjacent technologies to tap into new markets in virtual worlds. Cryptocurrencies can be used to buy goods or services or held as part of an investment strategy, but they can’t be manipulated by any central authority, simply because there isn’t one. No matter what happens to a government, your cryptocurrency will remain secure

Trendsetter in the Crypto world: Elon Musk says people can now buy a Tesla with bitcoin Ukraine accepts cryptocurrency donations Mahindra & Mahindra entered the NFT space All the banks are entering into Crypto world

What it does

Shop around the world with CryptoPay Crypto made simple by CryptoPay CryptoPay is the easiest way to pay cryptos at coffee shops around the globe Link your multiple Crypto Wallets, Crypto Accounts in a single App. Pay and receive crypto instantly using your existing blockchain ledger. No more reloading wallet Crypto currencies in the wallet or any fees. It’s your cryptocurrency, made simple. Available balance against each Crypto Account shown real time.

CryptoPAY for Finastra’s Business: The crypto world is about to enter a new era, where digital currency and technology will soon overtake traditional currency. Finastra has a great opportunity to market this app worldwide. The CryptoPAY can make money through commissions for transactions from the companies or operators for every transaction that will be made using CryptoPAY.

How we built it

We have used the Account Information API to store and display cryptocurrency transactions. The transfer APIs would be used in scheduled cryptocurrency payments.
*Please Note: * In this API, the traditional currency is treated as a cryptocurrency as a workaround. We have created this app using the Finastra’s Corporate Banking Web App Templates. Crypto APIs have been used to link/add crypto accounts, pay/transfer cryptocurrencies

Challenges we ran into

Unable to find more crypto-related APIs in the FFDC platform Integrating several blockchain APIs with this app

Accomplishments that we're proud of

The globe still thinks that cryptocurrency cannot be used for everyday payments, since they are too complicated, unstable, and unreliable. Maintaining multiple Crypto Wallets, Crypto Accounts is becoming difficult for the user. Proud Accomplishment: Our app simplifies it for the crypto world now and we are proud of it.

What we learned

The subsequent goal of creating and developing a digital economy. Economic safety in the modern world. Modern financial services on the global Internet Model of institutionalized regulation

What's next for CryptoPay

CryptoPAY needs to be fully developed and integrated with all aspects related to Crypto Currency World. Globally, Finastra’s play store should be made as the place for CryptoPAY.