1. Project SummaryProject: TMA (Trade Management Application) for a crypto exchange
Role: Organizer / Communicator
Period of Engagement: 2 months (MVP development)
Key Metrics:- Project Cost: 960 thousand RUB
- Exchange Specialization: B2B operations (Legal entities), payment for orders in China
Key Feature: Fully manual transaction processing, curated by the exchange's employees.
Key Achievements:- Developed and successfully sold an MVP to the client that automates routine operations.
- Ensured effective communication and rapid product assembly.
- Implemented functionality for automatic calculation with integrated quotes.
- Integrated a manual KYC verification process that aligned with the client's existing business procedures.
2. Problem and Business ContextChallenge: To create a minimum viable product (MVP) for a crypto exchange that optimizes routine processes related to calculating rates and verifying clients, without interfering with internal operational workflows or violating existing regulations.
Key Challenges:- Creating a product within a compressed timeline (2 months).
- Strict requirements for security and data confidentiality (all processes are overseen by the exchange's employees).
- The need to integrate complex financial calculations (quotes, rates) into a simple and intuitive interface.
3. Strategy and ExecutionPhase 1: MVP Logic Analysis and Design- Strategy: Focus on automating the most labor-intensive manual operations, leaving final decision-making authority with the exchange's employees.
Actions:- Analyzed the exchange's current manual processes and identified key areas where automation was needed.
- Designed the application's logic, which included:
Integration with Quotes: For automatic calculation of the buying/selling price of cryptocurrency.
Manual KYC Verification: For verifying new and existing clients, but with the option for manual confirmation by employees.
Result: A clearly defined product logic, approved by the client.
Phase 2: Development and Integration (2 months)Role: Organizer and Communicator. Responsible for rapid product assembly and coordinating the team's work.
Actions:- Monitored the development process to ensure deadlines were met.
- Maintained constant communication between the client and the development team, minimizing potential delays and misunderstandings.
Result: A completed MVP that automated calculations and KYC, freeing up employees from routine tasks.
Phase 3: Acceptance and SaleActions:- Organized a product demonstration for the client.
- Ensured all requirements were met.
Result: The project was accepted and sold to the client.
4. Results and Acquired SkillsOrganizational Skills: Successful organization of rapid MVP development within a tight schedule.
Communication Skills: Effective interaction with the client and the team, ensuring transparency and synchronization.
Logic Design: Understanding the business processes of a crypto exchange and designing logic that integrates into existing manual operations without disrupting them.
FinTech & Crypto Acumen: Understanding key aspects of crypto exchange operations (KYC, quotes, calculations).
5. ConclusionThis case demonstrates the ability to launch a product quickly and effectively in the FinTech sector. The key to success was the precise organization of the development process, strong communication, and a deep understanding of the client's business needs, which enabled the creation of a functional MVP that streamlined routine operations and delivered real value.