Dear SmartCash Community,
Having recently seen a spike in growth in the SmartCash community in Venezuela, we believe that CryptoWay can provide, and be successful in reaching more people with a means to trade SmartCash for Venezuelan bolivars and Bitcoin. We would like to implement this project into our platform https://cryptoway.io/, and promote and market it in an educational way through our social networks.
Currently, Venezuela is experiencing an incredible economic crisis and inflation which is drastically consuming people’s purchasing power. While this is a terrible situation and unimaginable for those who haven’t lived it, many people have turned to cryptocurrencies to safeguard their funds. CryptoWay looks to provide people with an easy alternative to convert their bolivars into cryptocurrencies, allowing users to enter the crypto world with small amounts of money, accommodating as many people as possible.
Just this year, the IMF predict that Venezuela will experience 1,000,000% inflation - there alone we see a lot of potential for the adoption and incorporation of SmartCash into our platform as this project has a great, interactive community, fast transaction times, and low mining fees.
We also believe that the SmartCard has huge potential in Venezuela as the current payment methods are also beginning to fail for many businesses and people.
In order to list SmartCash in our platform we would need to run our own node to handle blockchain communication and blockchain transaction management. We estimate a 6 month period will be required to fully integrate Smart Cash in our platform.
Setup testnet node and build all necessary endpoints to handle Blockchain communication and transaction broadcasting.
Setup a second testnet node and program redundancy in order to handle system failures.
Create webhook functionality in order to handle user’s deposits.
Incorporate SMART’s deposits into our existing deposit system.
Create withdraw functionality.
Incorporate and test SMART into our markets.
Setup mainnet nodes and deploy to production.
- Test net setup and API for SMART’s Blockchain interactions
- Nodes redundancy
- Webhook Functionality
- Inclusion of SMART into our deposit system
- Withdraw Functionality
- Incorporate SMART into our markets
- Setup mainnet nodes and deploy to production
By incorporating SMART into our system it will be by default in the next Blockchain products we will develop in the future in order to aid mass adoption of Blockchain Technology. These products will be focused on Commerce and Institutional Custody.
Please let us know what you think or if there is any other information that you need.
We are also open to any suggestions and feedback from the community.
Thank you for your time!