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Develop Mobile-First Gold Trading Marketplace Application

celadonsoft.com

Financial services

eCommerce

Challenge: Rapid Market Entry & Technical Constraints

The client, a gold trading company, requires a mobile-first marketplace application for buying and selling gold coins and related digital assets. The primary challenge is a very tight 4-month deadline to enable immediate market entry and a need to overcome integration complexities with an existing internal backend system and a reluctant external developer.

About the Client

A gold trading company offering investment solutions and aiming to strengthen the economy through gold-backed digital assets.

Project Goals

Develop a fully functional mobile application (iOS and Android) for buying, selling, and exchanging digital gold assets.
Launch the application within a 4-month timeframe.
Enable B2C and B2B transactions for gold and related digital assets.
Provide a user-friendly and secure platform for wealth protection and growth through gold investment.
Integrate with necessary payment gateways and potentially other financial systems.

Functional Requirements

User registration and authentication
Gold coin purchasing and selling
Coin-to-currency and currency-to-coin exchange
Secure payment gateway integration
User account management
Real-time gold price updates
Lottery functionality (box purchases and prize draws)
Money table functionality (deposit and potential yield tracking)

Preferred Technologies

Mobile development (iOS and Android)

Backend development (compatible with existing client backend)

API integrations

Integrations Required

Payment gateway API
Potential API for real-time gold price feeds

Non-Functional Requirements

Scalability to handle a growing user base
Security to protect user funds and data
Performance for fast transactions and responsiveness
Reliability and availability

Expected Business Impact

Successful development and launch of the application will enable the client to rapidly expand its market reach, attract new customers, and fulfill its mission of strengthening the economy through accessible gold investment. The mobile application will offer a convenient and user-friendly platform for users to protect their wealth against economic uncertainty, leading to increased customer engagement and potential revenue growth.