Uniexbank USA
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About
Uniexbank USA

Features:

  • Buying Currencies: Purchase currencies directly through the app.
  • Sending and Receiving Currencies: Seamlessly send and receive currencies across different accounts.
  • Converting Currencies: Convert currencies from one state to another with ease.
  • Scheduled Payments: Schedule future payments for added convenience.
  • Agent Transactions: Act as an agent between two parties, earning commissions on transactions.
  • Requesting and Receiving Grants: Request grants from admins and view the status of your requests.
  • Discount Loan Currencies: Utilize discount currencies for loan transactions.
  • Sending and Receiving Gifts: Send and receive gifts among individual accounts nationwide.
  • Receiving and Withdrawing Commissions: Earn and withdraw commissions from various transactions.
  • Offline Transactions: Perform transactions even while offline; they’ll be executed once you’re back online.
  • Invitation Through Referral Links: Invite users via referral links and earn commissions based on their account type.
  • Enrolling Other Users: Enroll secondary users through your account as a parent account, allowing you to manage and support additional users.

Technology:

  • Backend: Flask Framework, Python
  • Frontend: Angular, Flutter
  • Payment API: Stripe
  • Hosting: AWS (Amazon Web Services)
  • Database: SQL for storing transactions, and performing CRUD operations on essential data

Challenge
Creating the UniexBank web and mobile application presented significant challenges, particularly in developing a complex banking operation with multiple integrated features. The primary hurdle was implementing secure and robust transaction handling and ensuring that all operations, including sending and receiving currencies, were executed flawlessly. Developing and optimizing complex algorithms to manage these transactions securely and efficiently was a daunting task. Additionally, meeting the client’s demands, such as incorporating offline transaction capabilities, added another layer of complexity. Ensuring that users could perform transactions while offline, and then seamlessly syncing these actions once online, required thorough planning and execution. Balancing these advanced features while maintaining a user-friendly interface was essential to delivering a successful and reliable application.
Goal
The primary goal of creating the UniexBank application was to develop a digital banking system. By enabling users to establish their accounts from the comfort of their homes, the application sought to make financial services more accessible to all. A key objective was to revitalize local economies by facilitating easy and secure transactions, which in turn would help create jobs and foster economic growth. Additionally, the platform was designed to offer grants to students and teachers, providing them with financial support for their education. It also aimed to support small businesses in the United States by offering tailored financial solutions, thus contributing to their sustainability and growth. Through these efforts, the application was intended to strengthen the financial infrastructure and uplift communities across the nation.
Result
The UniexBank project was successfully implemented, achieving its goal of providing a comprehensive digital banking system. Users can now seamlessly send and receive currencies, including loan currencies, and schedule payments with ease. The platform supports a wide range of users, from individuals to Not-for-Profit organizations, ensuring that financial services are accessible to all. One of the key achievements is the ability for all individual accounts to send and receive gifts nationwide, fostering a sense of community and mutual support. Making financial management more efficient and convenient. The platform’s impact on local economies and communities is already evident, demonstrating the effectiveness of the implemented solutions.
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