Case Study: Doughfi streamlines high-risk merchant payments with Simublade

Doughfi launches crypto wallet in 8 months with Simublade

Doughfi, a crypto wallet and payment platform, sought to overcome the high transaction fees and regulatory restrictions imposed on high-risk merchants by traditional financial institutions. To decentralize payments for industries like gambling and cannabis, they partnered with vendor Simublade to build a blockchain-powered solution.

Simublade employed agile methodologies to design and develop the platform on the Stellar Network. Their solution included a secure cloud data structure for regulatory clarity and features to increase transaction speed. After eight months of development, Simublade delivered an application that enables users to seamlessly transfer both fiat and cryptocurrency for merchant payments and peer-to-peer transfers.

Doughfi