Backed Protocol is the first Swiss decentralized platform to introduce insurance smart contracts for cryptocurrency trading.
"They're passionate about details.”
Backed was created with innovation in mind. Its founders were determined to make it a success and ensure the platform met all the market requirements and the needs of potential users and incorporate them into the product design.
Backed is a crypto insurance platform. The business challenge for this project was to build a functional minimum viable product (MVP) in three months with a small two-person team. As the first platform using insurance smart contracts in Sweden, the product needed to be both reliable and innovative, providing users with the stability and peace of mind they require.
A ready-to-use crypto insurance platform, starting with a platform MVP.
This custom blockchain solution was delivered using React.js, Node.js, and Solidity.
With limited time on their hands, the team working on the project was dedicated to developing a high-quality product for the client. They managed to deliver the platform on time and within the client’s requirements. The key to a successful product release here was excellent work planning and execution by the experienced Web3 team.
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