Wellfield
DeFi Innovation Hub with Exaud in Portugal
Overview
Exaud and Wellfield Open DeFi Development Hub in Portugal
Wellfield Technologies and Exaud teamed up, with Exaud serving as their technology partner, to establish a dedicated software development centre in Portugal. This centre serves as a hub for innovation, enabling the creation of cutting-edge Decentralized Finance (DeFi) solutions using advanced technologies, including blockchain, smart contracts and decentralized liquidity providers.- Product
Wellfield's Blockchain Solutions for Investors
Wellfield offers a range of innovative products for both institutional and private investors, leveraging the power of Blockchain technology to provide secure and efficient solutions. For instance, Wellfield Capital, that enables institutional and professional investors to optimize capital allocation using a suite of sophisticated trading products, with access to deep on-chain liquidity, decentralized real-time clearing and settlement infrastructure.
About the client
About the Client
Wellfield Technologies Inc, a Canadian public company listed as WFLD on the Toronto Stock Exchange, is dedicated to crafting infrastructure, products, and services that bridge the gap between conventional financial platforms and the realm of blockchain. With a focus on decentralized finance ("DeFi"), Wellfield's products prioritize inclusivity and transparency by eliminating the need for third-party intermediaries, granting complete control over digital assets.Challenges
- Developing Secure Smart Contracts and Trading StrategiesFor Exaud, the challenge was to navigate the task of creating smart contracts-based protocols and trading strategies from scratch. Throughout this process, our team had to ensure utmost flexibility while reinforcing the crucial aspect of security and audit. It was imperative to address the fact that all smart contracts would eventually be deployed on the public blockchain, leaving no room for vulnerabilities.
Solution
- Creating a Development Center for Wellfield's Fintech SolutionsIn order to meet the software development needs of Wellfield, a dedicated development center was established, initially comprising a core team and subsequently expanding to include 15 highly skilled professionals. By applying our expertise and leveraging advanced technologies, this team strived to meet this challenge and create various decentralized fintech products for private customers and businesses that are both secure and adaptable.
Learnings
- Expanding Financial Expertise with WellfieldOur team has substantially increased our understanding and know-how in the financial products space through the creation of multiple capital management and investment platforms for Wellfield Technologies.
Need a quote or advice? Reach out to us!
- Next StepsWe'll get back to you within 24 hours. You'll chat directly with our product and tech experts.
- What You’ll GetAfter you share your solution's features and functionalities, you'll get a free technical consultation with a plan for tools, design, timeline, and budget.
- Project KickoffOnce you approve our proposal, you'll meet the tech lead, and we'll assemble a dedicated team that matches your project needs.