Business Challenges
Development Challenges of Speed
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Security
We ensured platform security by deploying in-transit and at-rest encryption, robust web and network firewalls, and an agile SDLC. The Speed architecture is hosted on AWS, which is SOC2 Type II and ISO 27001 certified, ensuring secure and fraud-proof transactions.
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Compliance
Because Speed is a global payment gateway, it has to comply with the regulations and policies which are different for each country. Our team worked tirelessly to ensure the platform complied with all the laws and regulations around the world.
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Volatility
Bitcoin prices are volatile. The $10 you accepted today can be $15 or $5 tomorrow. To combat Bitcoin’s volatility, we added Swaps — a feature that allows users to swap their cryptocurrency for stablecoins.
Tech Stack
Cutting-edge technologies behind Speed
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React
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Java
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Node.js
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MongoDB Bitcoin lightning - Layer 2
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Mysql