About the company
IOVlabs builds low-cost, highly secure, easy-to-use platforms for the new global economy. Harnessing the benefits of Bitcoin with a suite of tools to create and protect growth, we’re planting the seeds for global financial freedom.
About the project
With blockchain we want to create a new financial system, to support the use cases of the traditional financial system the following are required:
- Number of transactions per second
- Cost of transactions
- Confirmation rates
How we worked with the client
Using an agile approach, we executed sprints that were two weeks in length to quickly demonstrate our abilities and receive prompt feedback for iterative development.
Offchain payment solution. We have developed an off-chain payment system that supports thousands of transactions per second, without fees and with confirmation times in the order of milliseconds.