Building the First Unified Crypto Platform with Kassio

Kassio is a unified cryptocurrency asset management platform that helps users to manage their crypto assets seamlessly. The mission of Kassio is to make the financial world of payments more connected and easily available through all digital means. In the Kassio platform, users can trade cryptocurrencies, earn interest on their crypto holdings, borrow loans using their assets as collateral, and spend or receive fiat money with the integrated crypto-powered wallet solution - Kwikpay within a single platform.

Core Challenges

Before Kassio, users needed multiple platforms for different crypto services. However, developing such a unified  & user-centric platform presented significant challenges. Those challenges were facilitating fast & effective onboarding for new investors, providing secure fiat and crypto management through secure wallet solutions, enabling effortless crypto deposits and withdrawals, integrating on-ramp and off-ramp functions for seamless fiat-crypto conversions, and developing a user-friendly trading interface. These were the core challenges that Syncrasy had to overcome to build Kassio.

Beyond those challenges, Kassio is required to resolve technical complexities such as ensuring interoperability across different blockchains, scaling the platform to handle increasing user loads, prioritizing strong security measures, adhering to data privacy regulations, and navigating regulatory uncertainties.

The Solutions

The expertise of Syncrasy in Web Application Development and Blockchain helps Kassio come up with a solution that meets its needs. One of the major and revolutionary additions was the creation and implementation of India’s first Crypto debit card which provided users with the easy spend option for the crypto assets.

The other key solutions provided by Syncrasy are - 

Enhanced Security and Compliance

• Integrated ONFIDO for secure KYC verification.

• Partnered with Coindcx and Binance for liquidity management.

• Implemented Bitgo for fortified wallet security and reliability.

• Leveraged chain analysis solutions for advanced transaction monitoring and fraud prevention.

Improved User Experience

• Developed a user-friendly application using ReactJS.

• Integrated Tradeview for real-time market data and live trading graphs.

• Created mobile applications for iOS and Android platforms.

Expanded Platform Functionality

• Offered value-added services like lending and staking.

Implementation of  ‘Kwikpay’

• Kwikpay is a mobile payment feature of the Kassio app that allows users to make secure and fast crypto payments. 

• It allows users to make payments from their Kassio wallet eliminating the need to carry cash or cards.

• It uses security and encryption measures to protect users’ information and transactions keeping the account safe and protected.

• Kwikpay can accept payments from multiple customers effortlessly.

• With Kwikpay, not only do merchants benefit but their entire team is rewarded for every successful payment from the customer.

• Kwikpay is exclusively available in Denmark.

The Results & Benefits 

The collaboration between Syncrasy and Kassio led to the creation of a unique, useful & unified application that has been designed to provide users with an opportunity to invest, generate interest, borrow, trade, and spend cryptocurrencies within the same platform. 

It also has a user-friendly layout, which guarantees that every investor will have an easy time navigating the website. Moreover, Kassio has enhanced its operations and improved its efficiency with the integration of different functionalities. Easy signup and highly featured designs make this platform very popular among users. In addition, the integration of strong security features ensures users’ money and operations are secure, which ultimately helps in gaining customers’ trust and confidence.