CYBAVO

Secure NFT Trading

Crypto

Fintech

CYBAVO

Secure NFT Trading

Crypto

Fintech

CYBAVO

Secure NFT Trading

Crypto

Fintech

CYBAVO

Secure NFT Trading

Crypto

Fintech

About

CYBAVO, a Singapore-based leader in blockchain security, entered the NFT market using our OpenNFT marketplace framework. We developed a customized Ethereum NFT marketplace for CYBAVO that meets their rigorous security and usability standards, complete with integrated custody solutions. 

This project involved creating a robust platform that combines high-level security features with an intuitive user experience, catering to both novice and seasoned NFT traders. By leveraging our expertise in blockchain and NFT technology, we helped CYBAVO establish a secure and efficient marketplace that aligns with its mission to provide top-tier security solutions.

The Challenge

The challenge was to develop an NFT Marketplace aligned with CYBAVO's stringent security and usability criteria. Amidst the NFT market's explosion, the platform needed to enable CYBAVO’s clients to launch their NFT collections swiftly. Significant modifications to the OpenNFT platform included integrating CYBAVO's authentication software, transitioning the blockchain base from Algorand to Ethereum, and adopting the ERC-721 standard for NFTs.

Services

NFT Marketplace;NFT Lifecycle (mint, burn, send);Ethereum blockchain;backend;frontend

Technologies

Our Approach

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Impact & Results

MediShout has been adopted by over 100 hospitals internationally, including major NHS Trusts such as Mid and South Essex NHS Foundation Trust, with more than 10,000 active staff users.

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Project timeline

2022

2023

2024

2024

Quality Assurance

Implementing rigorous testing procedures to ensure bug-free features.

Quality Assurance

Implementing rigorous testing procedures to ensure bug-free features.

Quality Assurance

Implementing rigorous testing procedures to ensure bug-free features.

Quality Assurance

Implementing rigorous testing procedures to ensure bug-free features.

November 2021

Registration and login

Implemented registration and login features, 2FA, and established the NFT lifecycle (draft, mint, sale, burn). Developed the NFT Marketplace and Administration Panel, ensuring robust security and ease of management.

December 2021

Deposits and withdrawals

Enabled deposits and withdrawals (ETH, USDT), and facilitated NFT bidding and buying processes. These features enhanced the platform's functionality, making it a comprehensive solution for NFT trading.

January 2022

History

Added user transaction history (bids, purchases, deposits, withdrawals), and a detailed NFT page showcasing specific data. Integrated Persona KYC to enhance security and compliance, ensuring a safe trading environment.

February 2022

Deployment

Deployment and ongoing maintenance

Background

CYBAVO VAULT, CYBAVO's flagship product, manages over 1,000 cryptocurrencies and tokens, handling transactions worth more than $35 billion. In partnership with ULAM LABS, CYBAVO VAULT was enhanced to support NFTs through integration with a bespoke NFT Marketplace.

This collaboration aimed to expand CYBAVO's capabilities into the rapidly growing NFT sector while maintaining its high-security standards. The project required a deep understanding of both blockchain technology and the specific requirements of the NFT market to deliver a secure, user-friendly platform.

Technology Stack & Features

NFT Marketplace Essentials

Supports transactions of Ethereum-based ERC-721 NFTs using ETH or USDT. This feature ensures that users can easily buy, sell, and trade NFTs with popular cryptocurrencies, enhancing the marketplace's accessibility and liquidity.

NFT Collections

Allows users to organize NFTs into collections, improving navigation and attractiveness for major projects and brands. This feature helps users manage their digital assets more effectively and makes the marketplace more appealing to larger projects.

KYC Verification

Implements thorough KYC procedures to prevent fraud and requires KYC compliance for all trading activities. This ensures a secure and compliant trading environment, protecting both buyers and sellers from potential fraud.

CYBAVO VAULT Integration

Ensures secure deposits of ETH and USDT for NFT purchases, with flexibility for transfers to any Ethereum wallet. This integration provides users with a safe way to store their funds and NFTs, leveraging CYBAVO's renowned security infrastructure.

Secure Login

Offers a strong login system through CYBAVO accounts, bolstered by mandatory two-factor authentication. This feature enhances account security, ensuring that only authorized users can access their accounts and trade NFTs.

Trade and Transaction History

Provides comprehensive records of all marketplace transactions and metrics on NFT performance. Users can easily track their bids, purchases, deposits, and withdrawals, giving them a clear view of their trading activity and NFT performance.

Integrated Solutions

Features seamless integrations with Persona for KYC, CYBAVO Vault for NFT storage, and CYBAVO AuthSec for secure logins. These integrations ensure that all aspects of the marketplace are secure and efficient, providing users with a reliable and trustworthy platform for their NFT trading needs.

Our Commitment to HIPAA & GDPR Compliance

In healthcare technology, protecting sensitive patient data and adhering to stringent legal frameworks is non-negotiable. At ULAM LABS, we possess deep expertise in navigating the complex regulatory landscape surrounding healthcare data privacy and security, including HIPAA in the United States and GDPR in the European Union.

Comprehensive Regulatory Knowledge

We understand that HIPAA applies to covered entities and their business associates handling protected health information (PHI), requiring strict safeguards for electronic health data. Meanwhile, GDPR governs the processing of personal data of EU/EEA residents, including special categories such as health records, demanding explicit consent, data minimization, and rights like data access and erasure.

Our team stays current with evolving regulations and best practices to ensure that every system we develop complies fully with these frameworks. We conduct thorough data inventories and risk assessments, mapping data flows and access controls to reduce vulnerabilities and demonstrate compliance readiness.

Why Partner with Us?

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