EVEN Network Blockchain platform
Project Goal
Our client, EVEN Foundation, seeked to create a multi-purpose blockchain platform that could offer a number of features that the market demanded the most. Areas of particular interest were logistics, finance, IoT and other products for broad audiences. The platform features enabled real estate tokenization, distributed file storage, consumer protection as well as developing custom tokens with rapidly establishing exchange rates for them and performing cross-platform interactions with other blockchain systems.
Duration
Technologies
Team
- 1x Product manager
- 1x Project manager
- 4x Golang Developers
- 1x VueJS Developer
- 1x Architect
- 1x Blockchain / Crypto expert
- 1x UX/UI Designer
- 2x QA Engineers
- 1x Devops
Solution
The first release in mid-2019 delivered the following features:
- A fully decentralized peer-to-peer network. Client software was a compact module for macOS, Windows or Linux
- A multi-currency crypto wallet integrated with Bitcoin, Litecoin and Ethereum and capable of accommodating 80% of the existing blockchain types. The only blockchain compatibility requirement is the use of an elliptic-curve signature cryptography
The second release in fall 2020 was focused on the transaction infrastructure and involved crucial changes to the platform architecture:
- Sorting nodes generating transaction blocks were introduced across the network. As transactions are additionally signed by users, network fraud becomes impossible. Also, a tool for tracking all transactions was developed, giving protection from centralization risks
- Turing-complete smart contracts, a feature that distinguishes EVEN platform from blockchains like Ethereum and Bitcoin
- The platform became more stable and is capable of processing 2,000-3,000 transactions per second
Result
The platform underwent two releases and was delivered to the client. All timeframe and budget requirements were met. The project is currently evolving further as a private blockchain platform