Development of a Ukrainian Stablecoin Called "Cryptohryvna"® (UAX token) to Promote All the Advantages of Blockchain Technology

Business Task

Development of Backend and SmartContract for the UAX token®. The project objective was to simplify crypto transactions in Ukraine and reduce barriers to cryptocurrency usage for people who have never used them before.

Solutions

The Dysnix team developed a backend API and a customized SmartContract based on the ERC-865 standard to serve the StableCoin with Delegated Transfer support. The developed solution turned out to be a competitive one in the stable coin market, such as USD and EURO. UAX is the most secure, scalable, and flexible cryptocurrency. It's integrated into the platforms that are crypto-exchange leaders: Paytomat and Trustee.

Value delivered by Dysnix

The crypto community highly appreciated the solution developed by the Dysnix team. It usually has a positive impact on the success of blockchain projects and their promotion.