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EN
EN
Bity SA is a Swiss based brokerage for buying, selling, trading cryptocurrency
Client:
Bity SA
Year:
2024
Service Offered:
Software Development, Software Architecture, Consulting
We provided them with a tailored solution based upon the Velox architecture and standard modules. Their setup is customised to fit their unique requirements. Although this financial institution is experienced in the crypto market, this service marked a new area in their offerings.
Bity (BT) is a fintech company operating in the cryptocurrency space. Their platform includes services for buying, selling, and exchanging digital assets.
Bity did not have an existing system to support the purchase of gold-backed NFTs. While they already operated crypto-related services, this use case required a new backend component to handle transaction logic and integration with external services.
The new functionality needed to fit into their existing architecture and be compatible with their internal processes.
The project was not driven by a malfunctioning system but by missing functionality. The main challenges were:
Sly was tasked with implementing a backend service that enables users to purchase gold-backed NFTs.
The scope included:
The result was a backend service that enables the purchase of gold-backed NFTs and integrates into Bity’s system landscape.
Key outcomes:
The implementation was based on the architectural concepts of VELOX.
The checkout functionality was implemented in a tailor-made way, adapted to Bity’s requirements. At the same time, it remained close to the architectural structure and design principles of VELOX, including:
The system is therefore not a standard VELOX deployment, but also not independent of it. It is a custom implementation aligned with VELOX architecture.
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The system was implemented as a backend service with a focus on API integration and modular structure.
Relevant aspects:
Collaboration model:
After delivery, Bity took over maintenance and further development of the implemented components.
The project involved the design and implementation of a backend commerce service enabling users to purchase tokenized gold assets (NFTs) for a client operating in the cryptocurrency and fintech domain.
The client already had an existing platform for cryptocurrency exchange but required a new capability to support the sale of gold-backed NFTs as an additional business offering. This represented a new functional domain for the client rather than a replacement of an existing system.
To address this requirement, a custom backend service was developed, focusing on enabling the end-to-end purchase flow of these assets. While the implementation was tailored to the client’s specific use case, it was conceptually aligned with the architecture and principles of the VELOX platform. Standard architectural patterns, modular design, and API-driven structures were reused and adapted rather than building an entirely unrelated system.
The system was designed with a modular architecture, allowing future decomposition into microservices and enabling extensibility for additional features or services. This reflects a deliberate design decision to support long-term scalability and flexibility.
A key technical challenge was the integration of multiple external APIs, many of which were not accessible during development. To mitigate this, mock services (e.g., based on OpenAPI specifications) were used to simulate dependencies and allow for end-to-end testing and validation of system behavior.
The project followed a collaborative delivery model in which development and architectural support were provided, while the client retained responsibility for DevOps, deployment, and ongoing operation. The solution was delivered as an initial implementation, with ownership of further development and maintenance transferred to the client after completion.
Overall, the project combined custom development with established architectural patterns to deliver a specialized commerce capability in a new domain, while ensuring compatibility with existing systems and future extensibility.
We provided them with a tailored solution based upon the Velox architecture and standard modules. Their setup is customised to fit their unique requirements. Although this financial institution is experienced in the crypto market, this service marked a new area in their offerings.
Bity (BT) is a fintech company operating in the cryptocurrency space. Their platform includes services for buying, selling, and exchanging digital assets.
Bity did not have an existing system to support the purchase of gold-backed NFTs. While they already operated crypto-related services, this use case required a new backend component to handle transaction logic and integration with external services.
The new functionality needed to fit into their existing architecture and be compatible with their internal processes.
The project was not driven by a malfunctioning system but by missing functionality. The main challenges were:
Sly was tasked with implementing a backend service that enables users to purchase gold-backed NFTs.
The scope included:
The result was a backend service that enables the purchase of gold-backed NFTs and integrates into Bity’s system landscape.
Key outcomes:
The implementation was based on the architectural concepts of VELOX.
The checkout functionality was implemented in a tailor-made way, adapted to Bity’s requirements. At the same time, it remained close to the architectural structure and design principles of VELOX, including:
The system is therefore not a standard VELOX deployment, but also not independent of it. It is a custom implementation aligned with VELOX architecture.
The system was implemented as a backend service with a focus on API integration and modular structure.
Relevant aspects:
Collaboration model:
After delivery, Bity took over maintenance and further development of the implemented components.
The project involved the design and implementation of a backend commerce service enabling users to purchase tokenized gold assets (NFTs) for a client operating in the cryptocurrency and fintech domain.
The client already had an existing platform for cryptocurrency exchange but required a new capability to support the sale of gold-backed NFTs as an additional business offering. This represented a new functional domain for the client rather than a replacement of an existing system.
To address this requirement, a custom backend service was developed, focusing on enabling the end-to-end purchase flow of these assets. While the implementation was tailored to the client’s specific use case, it was conceptually aligned with the architecture and principles of the VELOX platform. Standard architectural patterns, modular design, and API-driven structures were reused and adapted rather than building an entirely unrelated system.
The system was designed with a modular architecture, allowing future decomposition into microservices and enabling extensibility for additional features or services. This reflects a deliberate design decision to support long-term scalability and flexibility.
A key technical challenge was the integration of multiple external APIs, many of which were not accessible during development. To mitigate this, mock services (e.g., based on OpenAPI specifications) were used to simulate dependencies and allow for end-to-end testing and validation of system behavior.
The project followed a collaborative delivery model in which development and architectural support were provided, while the client retained responsibility for DevOps, deployment, and ongoing operation. The solution was delivered as an initial implementation, with ownership of further development and maintenance transferred to the client after completion.
Overall, the project combined custom development with established architectural patterns to deliver a specialized commerce capability in a new domain, while ensuring compatibility with existing systems and future extensibility.
Bity (BT) is a fintech company operating in the cryptocurrency space. Their platform includes services for buying, selling, and exchanging digital assets.
Bity did not have an existing system to support the purchase of gold-backed NFTs. While they already operated crypto-related services, this use case required a new backend component to handle transaction logic and integration with external services.
The new functionality needed to fit into their existing architecture and be compatible with their internal processes.
The project was not driven by a malfunctioning system but by missing functionality. The main challenges were:
Sly was tasked with implementing a backend service that enables users to purchase gold-backed NFTs.
The scope included:
The result was a backend service that enables the purchase of gold-backed NFTs and integrates into Bity’s system landscape.
Key outcomes:
The implementation was based on the architectural concepts of VELOX.
The checkout functionality was implemented in a tailor-made way, adapted to Bity’s requirements. At the same time, it remained close to the architectural structure and design principles of VELOX, including:
The system is therefore not a standard VELOX deployment, but also not independent of it. It is a custom implementation aligned with VELOX architecture.
The system was implemented as a backend service with a focus on API integration and modular structure.
Relevant aspects:
Collaboration model:
After delivery, Bity took over maintenance and further development of the implemented components.
The project involved the design and implementation of a backend commerce service enabling users to purchase tokenized gold assets (NFTs) for a client operating in the cryptocurrency and fintech domain.
The client already had an existing platform for cryptocurrency exchange but required a new capability to support the sale of gold-backed NFTs as an additional business offering. This represented a new functional domain for the client rather than a replacement of an existing system.
To address this requirement, a custom backend service was developed, focusing on enabling the end-to-end purchase flow of these assets. While the implementation was tailored to the client’s specific use case, it was conceptually aligned with the architecture and principles of the VELOX platform. Standard architectural patterns, modular design, and API-driven structures were reused and adapted rather than building an entirely unrelated system.
The system was designed with a modular architecture, allowing future decomposition into microservices and enabling extensibility for additional features or services. This reflects a deliberate design decision to support long-term scalability and flexibility.
A key technical challenge was the integration of multiple external APIs, many of which were not accessible during development. To mitigate this, mock services (e.g., based on OpenAPI specifications) were used to simulate dependencies and allow for end-to-end testing and validation of system behavior.
The project followed a collaborative delivery model in which development and architectural support were provided, while the client retained responsibility for DevOps, deployment, and ongoing operation. The solution was delivered as an initial implementation, with ownership of further development and maintenance transferred to the client after completion.
Overall, the project combined custom development with established architectural patterns to deliver a specialized commerce capability in a new domain, while ensuring compatibility with existing systems and future extensibility.
Bity (BT) is a fintech company operating in the cryptocurrency space. Their platform includes services for buying, selling, and exchanging digital assets.
Bity did not have an existing system to support the purchase of gold-backed NFTs. While they already operated crypto-related services, this use case required a new backend component to handle transaction logic and integration with external services.
The new functionality needed to fit into their existing architecture and be compatible with their internal processes.
The project was not driven by a malfunctioning system but by missing functionality. The main challenges were:
Sly was tasked with implementing a backend service that enables users to purchase gold-backed NFTs.
The scope included:
The result was a backend service that enables the purchase of gold-backed NFTs and integrates into Bity’s system landscape.
Key outcomes:
The implementation was based on the architectural concepts of VELOX.
The checkout functionality was implemented in a tailor-made way, adapted to Bity’s requirements. At the same time, it remained close to the architectural structure and design principles of VELOX, including:
The system is therefore not a standard VELOX deployment, but also not independent of it. It is a custom implementation aligned with VELOX architecture.
The system was implemented as a backend service with a focus on API integration and modular structure.
Relevant aspects:
Collaboration model:
After delivery, Bity took over maintenance and further development of the implemented components.
The project involved the design and implementation of a backend commerce service enabling users to purchase tokenized gold assets (NFTs) for a client operating in the cryptocurrency and fintech domain.
The client already had an existing platform for cryptocurrency exchange but required a new capability to support the sale of gold-backed NFTs as an additional business offering. This represented a new functional domain for the client rather than a replacement of an existing system.
To address this requirement, a custom backend service was developed, focusing on enabling the end-to-end purchase flow of these assets. While the implementation was tailored to the client’s specific use case, it was conceptually aligned with the architecture and principles of the VELOX platform. Standard architectural patterns, modular design, and API-driven structures were reused and adapted rather than building an entirely unrelated system.
The system was designed with a modular architecture, allowing future decomposition into microservices and enabling extensibility for additional features or services. This reflects a deliberate design decision to support long-term scalability and flexibility.
A key technical challenge was the integration of multiple external APIs, many of which were not accessible during development. To mitigate this, mock services (e.g., based on OpenAPI specifications) were used to simulate dependencies and allow for end-to-end testing and validation of system behavior.
The project followed a collaborative delivery model in which development and architectural support were provided, while the client retained responsibility for DevOps, deployment, and ongoing operation. The solution was delivered as an initial implementation, with ownership of further development and maintenance transferred to the client after completion.
Overall, the project combined custom development with established architectural patterns to deliver a specialized commerce capability in a new domain, while ensuring compatibility with existing systems and future extensibility.
Bity (BT) is a fintech company operating in the cryptocurrency space. Their platform includes services for buying, selling, and exchanging digital assets.
Bity did not have an existing system to support the purchase of gold-backed NFTs. While they already operated crypto-related services, this use case required a new backend component to handle transaction logic and integration with external services.
The new functionality needed to fit into their existing architecture and be compatible with their internal processes.
The project was not driven by a malfunctioning system but by missing functionality. The main challenges were:
Sly was tasked with implementing a backend service that enables users to purchase gold-backed NFTs.
The scope included:
The result was a backend service that enables the purchase of gold-backed NFTs and integrates into Bity’s system landscape.
Key outcomes:
The implementation was based on the architectural concepts of VELOX.
The checkout functionality was implemented in a tailor-made way, adapted to Bity’s requirements. At the same time, it remained close to the architectural structure and design principles of VELOX, including:
The system is therefore not a standard VELOX deployment, but also not independent of it. It is a custom implementation aligned with VELOX architecture.
The system was implemented as a backend service with a focus on API integration and modular structure.
Relevant aspects:
Collaboration model:
After delivery, Bity took over maintenance and further development of the implemented components.
The project involved the design and implementation of a backend commerce service enabling users to purchase tokenized gold assets (NFTs) for a client operating in the cryptocurrency and fintech domain.
The client already had an existing platform for cryptocurrency exchange but required a new capability to support the sale of gold-backed NFTs as an additional business offering. This represented a new functional domain for the client rather than a replacement of an existing system.
To address this requirement, a custom backend service was developed, focusing on enabling the end-to-end purchase flow of these assets. While the implementation was tailored to the client’s specific use case, it was conceptually aligned with the architecture and principles of the VELOX platform. Standard architectural patterns, modular design, and API-driven structures were reused and adapted rather than building an entirely unrelated system.
The system was designed with a modular architecture, allowing future decomposition into microservices and enabling extensibility for additional features or services. This reflects a deliberate design decision to support long-term scalability and flexibility.
A key technical challenge was the integration of multiple external APIs, many of which were not accessible during development. To mitigate this, mock services (e.g., based on OpenAPI specifications) were used to simulate dependencies and allow for end-to-end testing and validation of system behavior.
The project followed a collaborative delivery model in which development and architectural support were provided, while the client retained responsibility for DevOps, deployment, and ongoing operation. The solution was delivered as an initial implementation, with ownership of further development and maintenance transferred to the client after completion.
Overall, the project combined custom development with established architectural patterns to deliver a specialized commerce capability in a new domain, while ensuring compatibility with existing systems and future extensibility.
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