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Cryptocurrency Wallet Development Company

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Enable your community to store, manage and spend their cryptocurrency with a straightforward and user-friendly functionality. As a crypto wallet development company, Devox will provide a Fort Knox security while being easy to use and support a multitude of cryptocurrencies.

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Our Services

Cryptocurrency Wallet Development Services

Devox offers crypto wallet app development on a level of diverse types and classifications. Whatever is your business objective, we can help you reach the goals of decentralization.

  • Web Wallet Development

    Leverage the ease of accessing cryptocurrencies through any web browser, eliminating the need for software downloads. Get a secure, intuitive, and accessible MetaMask-like platform that enables users to manage their assets online with ease.

  • Mobile Wallet Development

    Provide accessibility and convenience, allowing users to execute transactions, check their balance, and manage their cryptocurrencies on the go directly from their smartphones. We’re developing native or cross-platform solutions for iOS and Android.

  • Custodial (Centralized) Wallet Development

    Managed by a third party, such as a cryptocurrency exchange, these wallets are convenient for beginners and offer integrated services like trading. However, the user does not control the wallet’s private keys, which introduces risks if the custodian is compromised.

  • Non-Custodial (Decentralized) Wallet Development

    Prioritize security, privacy, and user sovereignty by letting the latter retain complete control over their private keys and thus, their digital assets. Provide a wallet solution that safeguards against unauthorized access and mitigates risks associated with centralized control.

  • Multi-Currency Wallet Development

    Make wallets that support a wide range of cryptocurrencies, allowing users to manage diverse portfolios from a single interface. We’re integrating support for multiple blockchain protocols and ensuring seamless management of different assets.

  • Wallet Integration Services

    Integrate cryptocurrency wallet functionality into existing applications or platforms to start accepting cryptocurrency payments or letting users manage their digital assets within the platform. We’re focusing on a seamless integration that maintains the platform’s usability while adding robust cryptocurrency management and transaction capabilities.

  • Hot Wallet Development

    Hot wallets are developed for ease of access and constant connectivity to the blockchain, ideal for frequent transactions. They are highly secure but more suited to holding smaller amounts due to their online nature.

  • Cold Wallet Development

    Cold wallets are designed for offline storage, providing the highest security level for digital assets that do not require regular trading. Offline and secure, they shield your clients’ assets from digital threats, offering unmatched protection thanks to their disconnection from the internet.

  • Wallet Extensions

    These browser-based plugins enable secure interactions with decentralized apps directly from your web browser, eliminating the need to access your mobile wallet. With an extension, you can swiftly connect to decentralized apps for quicker and more convenient transactions.

  • Security Solutions

    Developing advanced security solutions for cryptocurrency wallets: get two-factor authentication, multi-signature support, and secure encryption protocols. Make sure your wallet not only provides a seamless user experience but also adheres to the highest security standards to protect against hacks, phishing attacks, and other vulnerabilities.

Benefits

Benefits of Custom Cryptocurrency Wallet Development

It’s usual for the custom software to be more winning for any business. The crypto coin wallets are no exception: see what individual Web3 development can get you.

  • Enhanced Security

    Dictate how your community is going to be protected. Whether it’s a multi-signature authentication, biometric access, hardware wallet integration or several things at once, the personalized approach to your users’ security will set the risks of unauthorized access and theft to a minimum.

  • Feature-Rich

    Hear your community when they request any enhancement, providing required features easily: adapt to their needs by enabling integrated trading, support for multiple cryptocurrencies and tokens, automated transactions, or even unique user interface designs. This flexibility ensures that the wallet not only meets the current demands of the user but also has the scalability to adapt to future needs.

  • Brand Integration

    Reach complete brand consistency with the promise of customization. An individually-made crypto wallet will not just incorporate your logos, colors, and themes, but also work towards brand visibility, consistent user experience, and image integrity.

  • Optimized Performance

    Custom wallets can be optimized for performance, ensuring fast transaction processing, reduced latency, and improved overall efficiency. This is particularly important for high-frequency traders or applications requiring real-time updates.

  • Interoperability

    Custom wallets can be designed to be interoperable with various blockchains and systems, facilitating seamless transactions across different networks. This is crucial for users or businesses that operate with multiple cryptocurrencies or within different blockchain ecosystems.

  • Regulatory Compliance

    Have a piece of mind about your every potential user’s jurisdiction compliance. We will integrate specific features and operational protocols that align with the relevant legal and regulatory requirements, ensuring the security and legality of transactions and holdings.

Key Features

Key Features of Custom Cryptocurrency Wallet

01

Private and Public Keys

These are the most critical component of a cryptocurrency wallet. A private key is a secure digital code known only to the owner and is used to sign transactions, providing mathematical proof that the transaction has come from the owner of the wallet. It ensures the security of the funds and is kept secret at all times. Derived from the private keys, public ones are shared publicly and act like an account number to which others can send cryptocurrency. A public key, in conjunction with its corresponding private key, enables the wallet to receive funds.

02

Wallet Addresses

These are hashed versions of the public keys and are the alphanumeric strings you share with others to receive cryptocurrency. Technically, the wallet address is a more user-friendly version of the public key, designed to be shorter and therefore easier to share.

03

Seed Phrases

Also known as a recovery phrase or mnemonic passphrase, this is a list of words generated by your cryptocurrency wallet that gives you access to the cryptocurrencies associated with that wallet. It can restore your wallet and funds if you lose your device or your wallet is damaged.

04

Transaction History

A feature that keeps track of all incoming and outgoing transactions associated with the wallet address. It allows users to see their transaction history and balance in real-time.

05

Blockchain Interface

Wallets interact with blockchain networks to send and receive transactions. This component is responsible for generating and broadcasting transactions to the network, as well as for checking the balance and transaction history by querying the blockchain.

06

Encryption and Security Protocols

These are integrated into the wallet to protect the user’s private keys and sensitive data. This may include encryption of the wallet file itself, secure password generation, and protection mechanisms against unauthorized access or malware.

07

Backup and Recovery Mechanisms

This includes functionalities that allow users to back up their wallets and recover their funds using seed phrases or other recovery methods. This ensures that a user’s cryptocurrencies are not lost in case of device failure or other unforeseen circumstances.

08

Network Connection Module

Responsible for connecting the wallet to the cryptocurrency network, this module allows the wallet to synchronize with the blockchain, updating the wallet's information with the latest transactions and balances.

Our Process

Our Cryptocurrency Wallet Development Process

Regardless of the types of crypto wallets, the process of their creation is similar. See what stages we will go through while developing your product.

01.

01. Advisory

Together with your stakeholders, Devox sets up a call to talk about the project and potential wallet requirements. We discuss your business objectives, target audience, and specific features you would like to have in the wallet, as well as in the MVP. Having defined the requirements, we set up a team and break the project into sprints and deadlines.

02.

02. UI/UX Design

Once the requirements are on the table, our design team creates wireframes and UI/UX designs for the wallet based on UX research and user personas. We make a black-and-white prototype first, gradually refining our work in response to user stories to create a clickable wireframe.

03.

03. Development

After the design is finalized, the development team starts building the wallet, providing the integration of the necessary features and functionalities. It includes working with PCI compliance, bank-level encryption, ML, AI, and regular check-ins with you while writing scalable, high-quality code in condensed sprints.

04.

04. Testing

When development is complete, the wallet is put through a thorough testing process to make sure it operates properly and securely. At this stage, we eliminate bugs and ensure no code errors. This stage includes different types of testing, including functional, security, performance, and usability.

05.

05. Deployment

Once the wallet has been tested and verified, it is ready for launch. The Devox team manages the wallet’s release and maintenance while keeping its features and source code up to date: we deploy it to the production environment, making it available to end-users. If applicable, we submit the mobile app to the iOS App Store and/or Google Play Store, following their respective guidelines and approval processes.

06.

06. Support & Maintenance

After the launch, the wallet needs regular maintenance and upgrades to keep it running smoothly and up-to-date with the latest security standards. We provide this ongoing support to address any issues users may encounter. We also regularly update the software to add new features, support additional cryptocurrencies, and enhance security measures based on emerging threats and user feedback.

  • 01. Advisory

  • 02. UI/UX Design

  • 03. Development

  • 04. Testing

  • 05. Deployment

  • 06. Support & Maintenance

Awards & Certifications

Industry Contribution Awards & Certifications

Check Devox Software Awards on rating & review platforms among top software development companies and Certifications our team members holds.

  • Awards
  • Certifications
  • UpWork

    UpWork

  • Clutch

    Clutch

  • The Manifest

    The Manifest

  • DesignRush

    DesignRush

  • MC.today

    MC.today

  • Clutch

    Clutch

  • Clutch

    Clutch

  • AppFutura

    AppFutura

  • Clutch

    Clutch

  • GoodFirms

    GoodFirms

  • DesignRush

    DesignRush

  • UpWork

    UpWork

  • Professional Scrum Master™ II (PSM II)

    Professional Scrum Master™ II (PSM II)

  • Professional Scrum Product Owner™ I (PSPO I)

    Professional Scrum Product Owner™ I (PSPO I)

  • ITIL v.3 Foundation Certificate in IT Service Management

    ITIL v.3 Foundation Certificate in IT Service Management

  • ITSMS Auditor/Lead Auditor of ISO Standard 20000

    ITSMS Auditor/Lead Auditor of ISO Standard 20000

  • Microsoft Certified: DevOps Engineer Expert

    Microsoft Certified: DevOps Engineer Expert

  • Microsoft Certified: Azure Administrator Associate

    Microsoft Certified: Azure Administrator Associate

  • Quality Assurance ISTQB Foundation Level

    Quality Assurance ISTQB Foundation Level

  • Microsoft Certified Solution Develop (MCSD)

    Microsoft Certified Solution Develop (MCSD)

  • Java Development Certified Professional

    Java Development Certified Professional

  • JavaScript Developer Certificate – W3Schools

    JavaScript Developer Certificate – W3Schools

  • Certified Artificial Intelligence Scientist (CAIS)

    Certified Artificial Intelligence Scientist (CAIS)

  • Oracle Database SQL Certified Associate

    Oracle Database SQL Certified Associate

Case Studies

Our Latest Works

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SwissMentor SwissMentor
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SwissMentor is a learning management system (LMS). It’s the software for managing all sides of the educational process: the main features include course management, invoicing, room management, document management, and e-learning.

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Social Media Screening Platform Social Media Screening Platform
  • Backend
  • Frontend
  • Cloud Services
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The project is a web-based AI-powered platform for comprehensive social media background screening. Its supertask is to streamline potential employee background checks for companies, tackling employment risk management.

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USA USA

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Testimonials

Testimonials

Estonia

The solutions they’re providing is helping our business run more smoothly. We’ve been able to make quick developments with them, meeting our product vision within the timeline we set up. Listen to them because they can give strong advice about how to build good products.

Carl-Fredrik Linné
Tech Lead at CURE Media
Darrin Lipscomb
United States

We are a software startup and using Devox allowed us to get an MVP to market faster and less cost than trying to build and fund an R&D team initially. Communication was excellent with Devox. This is a top notch firm.

Darrin Lipscomb
CEO, Founder at Ferretly
Daniel Bertuccio
Australia

Their level of understanding, detail, and work ethic was great. We had 2 designers, 2 developers, PM and QA specialist. I am extremely satisfied with the end deliverables. Devox Software was always on time during the process.

Daniel Bertuccio
Marketing Manager at Eurolinx
Trent Allan
Australia

We get great satisfaction working with them. They help us produce a product we’re happy with as co-founders. The feedback we got from customers was really great, too. Customers get what we do and we feel like we’re really reaching our target market.

Trent Allan
CTO, Co-founder at Active Place
United Kingdom

I’m blown up with the level of professionalism that’s been shown, as well as the welcoming nature and the social aspects. Devox Software is really on the ball technically.

Andy Morrey
Managing Director at Magma Trading
Vadim Ivanenko
Switzerland

Great job! We met the deadlines and brought happiness to our customers. Communication was perfect. Quick response. No problems with anything during the project. Their experienced team and perfect communication offer the best mix of quality and rates.

Vadim Ivanenko
Jason_Leffakis
United States

The project continues to be a success. As an early-stage company, we're continuously iterating to find product success. Devox has been quick and effective at iterating alongside us. I'm happy with the team, their responsiveness, and their output.

Jason Leffakis
Founder, CEO at Function4
John Boman
Sweden

We hired the Devox team for a complicated (unusual interaction) UX/UI assignment. The team managed the project well both for initial time estimates and also weekly follow-ups throughout delivery. Overall, efficient work with a nice professional team.

John Boman
Product Manager at Lexplore
Tomas Pataky
Canada

Their intuition about the product and their willingness to try new approaches and show them to our team as alternatives to our set course were impressive. The Devox team makes it incredibly easy to work with, and their ability to manage our team and set expectations was outstanding.

Tamas Pataky
Head of Product at Stromcore
Stan Sadokov
Estonia

Devox is a team of exepctional talent and responsible executives. All of the talent we outstaffed from the company were experts in their fields and delivered quality work. They also take full ownership to what they deliver to you. If you work with Devox you will get actual results and you can rest assured that the result will procude value.

Stan Sadokov
Product Lead at Multilogin
Mark Lamb
United Kingdom

The work that the team has done on our project has been nothing short of incredible – it has surpassed all expectations I had and really is something I could only have dreamt of finding. Team is hard working, dedicated, personable and passionate. I have worked with people literally all over the world both in business and as freelancer, and people from Devox Software are 1 in a million.

Mark Lamb
Technical Director at M3 Network Limited
FAQ

FAQ

  • What types of cryptocurrencies can the wallet support, and how is compatibility ensured with various blockchains?

    When we provide crypto wallet app development, we support a wide array of cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, and various ERC-20 tokens, among others. We ensure compatibility with these diverse blockchains by integrating the specific protocols and APIs required for each network. Our development process includes rigorous testing on the respective testnets before deployment, guaranteeing seamless transaction capabilities across different networks. This approach allows users to manage multiple asset types within a single wallet interface, providing a comprehensive and versatile crypto management tool.

  • How does the wallet protect users from unauthorized access, especially in the context of mobile and web applications?

    Crypto wallet security is paramount in our development process. For mobile and web applications, we implement several layers of protection against unauthorized access. This includes biometric authentication (such as fingerprint or facial recognition on mobile devices), two-factor authentication (2FA) via SMS or authenticator apps, and encrypted local storage of private keys. Additionally, we employ session timeout and auto-logout features to minimize risk if a device is left unattended. Our wallets also use end-to-end encryption for data transmission, ensuring that sensitive information is securely encrypted from the user’s device to the blockchain network.

  • Can the wallet interact with decentralized applications (dApps), and if so, which platforms are supported?

    Our cryptocurrency wallets are designed to be much more than just storage; they can interact seamlessly with decentralized applications (dApps) on various platforms, including Ethereum, Binance Smart Chain, and Polkadot. By incorporating Web3 functionalities, our wallets enable users to directly engage with dApps for trading, lending, borrowing, and participating in decentralized finance (DeFi) activities without leaving the wallet interface. This interoperability is achieved through the integration of specific SDKs and APIs that facilitate communication between the wallet and the dApps on supported blockchains, offering users a unified and powerful platform for managing both their assets and dApp interactions.

  • What measures are in place to ensure the recovery of a user’s wallet in case of device loss or failure?

    To safeguard against the loss of assets due to device failure or loss, as a crypto wallet app development company, Devox includes robust recovery mechanisms. Upon wallet creation, users are prompted to write down a mnemonic seed phrase – a unique combination of 12-24 words generated by the wallet. This seed phrase can be used to recover the wallet and its contents on a new device.

    We also support optional multi-signature setups, which can require approval from multiple devices or parties to execute significant actions, adding an extra layer of security. Users are encouraged to perform regular encrypted backups of their wallet data, which can be securely stored and used for recovery when necessary.

  • How does the wallet handle updates and ensure compatibility with evolving blockchain technologies?

    Our development team closely monitors the evolving landscape of blockchain technology to ensure that our wallets remain compatible with new standards and features. Wallet updates are regularly released to incorporate improvements, add support for new cryptocurrencies, and integrate with emerging blockchain networks. These updates are thoroughly tested for security and functionality in a staging environment before being rolled out to users. We employ a modular architecture in our wallets, allowing for easy updates and the addition of new features without disrupting the existing setup. Users receive notifications about available updates directly within the wallet app, ensuring that they always have access to the latest and most secure version of the software.

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