Developed for International Deal Gateway
International Deal Gateway is a digital marketplace for entrepreneurs and deal makers that facilitates direct, peer-to-peer transactions on a secure blockchain platform. Deal Gateway gives members the power to discover deals and opportunities that could not be found through their usual networks, opening doors to the new capital, investments, and business relationships.
Traditionally, businesses and organizations leveraged private networks to do deals. But, as more businesses are digitally transforming and getting globally connected, the traditional methods are not sufficient to access the wider scope of global deals, investments, and partnerships. Our client wanted to build a platform that enables entrepreneurs to grow their business value by giving them the ability to do deals directly with the members of the platform.
The client wanted to build an online platform that could boost the potential for networking opportunities for its users. They put forth the requirement of a safe and secure peer-to-peer network that can enable its members to source deals and investment opportunities. The platform should have a vetting mechanism for the members, the ability to post deals with basic details, and the ability to secure confidential information in a blockchain-based secure vault. The platform should allow users to match deals to their preferences.
Based on the business requirements, we developed a platform that could be joined only by invitation or reference from existing members. When a member wants to propose a deal, they can post it on the platform, which will store all the information on a secure blockchain network to ensure that there is no risk of data manipulation. The members who are interested in the deal can access the details through a shared secure vault that is controlled by the person who posted the deal.
The peer-to-peer network facilitated by the platform enables its members to source deals and investment opportunities securely. Confidential information and corporate materials like financials, customer lists, and IPs are stored in a blockchain-based secure vault. The platform also includes features to allow members to select deals relevant to their interests that are immediately delivered to their inbox or phone when a new deal matches their unique preferences. Some of its key features include:
Learn more about our product development services and blockchain development services.
Deal gateway’s P2P network infrastructure is built using HyperLedger Fabric. Hyperledger Fabric is selected so that the platform can be built in a modular architecture. Hyperledger Fabric allows components, such as consensus and membership services, to be plug-and-play. Its modular and versatile design satisfies a broad range of industry use cases. It offers a unique approach to a consensus that enables performance at scale while preserving privacy.
The Deal Gateway platform eliminated the hassle of dealing with intermediaries by facilitating direct transactions between the members through a secure blockchain network. By using this platform, the members could save valuable time and money as it sped up the deal processing and reduced transaction fees at the same time. The platform has attracted over 6000 global members worldwide and more than 700 direct deals have been posted including M&A and a wide range of investment opportunities in emerging industries ranging from $1m – $100m.
The dev team at Accubits was flexible, positive, and responsive, they managed the project well and had no issues with language barriers or deadlines. The team is always willing to investigate and explore new ways of solving problems. They’re timely and positive in their communications. We feel very supported and confident in the partnership we’ve forged.
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Blockchain based P2P network
Secure vault for data security
Member vetting mechanism
Hyperledger Fabric
