Iranian Experts Design Application for Cryptocurrency Exchange
“This product is used to manage digital currency exchange to determine the supply and demand and value of digital currencies,” said Nasser Mahmoudi, the managing director of the knowledge-based company.
“In fact, these exchanges become the interface between the seller and the buyer and receive money for this operation, and digital currency exchanges are online platforms through which traders can exchange a cryptocurrency for a fiat currency (for instance rial or dollar),” he added.
“In other words, it is like changing currency in a bank, airport or stock market,” Mahmoudi said.
“With this application performing all types of transactions in currency pairs, P2P, OTC, placing orders, and even futures transactions is possible,” he noted.
“This product can be used in investment companies, financial asset management centers, endpoint users and any sector that needs digital currency services,” Mahmoudi said.
In a relevant development in April, a knowledge-based company in Iran had also succeeded in designing and developing a mobile application for urban service management and business owners which minimizes the need for customers’ presence to receive services.
“In the age of technology and specially virtualization, there is an attempt to reduce commuting and presence in public places, specially crowding in public places; therefore, we offered this product which minimizes the need for attendance by virtualizing requests, turns and service delivery, and brings service providers to the venue of application registration in the most optimal time,” said Nasser Mahmoudi, the managing director of the knowledge-based company.
He added that the application can be used in the home sector, business centers and any sector that needs services.
Noting that the application was developed in 2022, Mahmoudi said that there are similar applications in the Iranian market but they just introduce businesses while this product provides two-way and fully interactive communication between the business owners and users, and its strong point is similar possibilities to Google Calendar for the management of time and scheduling service providing to the applicants.
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