Case Study: a financial services provider achieves fast, low-cost blockchain remittance with Apriorit

Financial Services Providing Company - Customer Case Study

The customer, a financial services providing company, faced challenges with their existing Ethereum-based international remittance system, which was slow, inflexible, and expensive. They engaged Apriorit to build a new blockchain-powered solution that could support a high volume of transactions.

Apriorit designed a smart economy and developed an Ontology-based network, a web wallet, a DApp, and an Android application. The resulting platform achieved a capacity of 3,000 transactions per second with a cost of less than $0.0001 per transaction, while also providing fee compensation for DApp users to eliminate their costs.