Pharos Production is a custom software development company building FinTech, blockchain and AI platforms since 2013 out of Las Vegas and Kyiv in Ukraine.
On the blockchain side we have deployed 484 smart contracts to mainnet across Ethereum, Polygon, BSC and Arbitrum since 2018, with security audits offered as a standalone service. PumpTap, a multi-chain wallet we built, handles 50,000+ daily transactions across 20+ EVM chains. Ludo scores wallet reputation across 15+ blockchains at 10,000 events per second with sub-200ms responses and has scored over 2 million addresses.
In regulated FinTech we build against MiCA, PSD2, AML and FATF Travel Rule requirements and implement ERC-3643 and ERC-1400 for tokenized instruments. Pleenk, a European payments platform, runs 5,000+ transactions per second at PCI DSS Level 1 with KYC decisions cut from 45 seconds to 4.2 seconds. Kimlic raised identity onboarding completion from 62 to 89 percent. NextCheck reads 40+ document types at 99.8% OCR accuracy and cut verification from 48 hours to under 15 minutes.
We work across 28 industries. Dostyq, a retail loyalty platform, scaled from 80,000 to 2.4 million daily transactions. For a European specialty insurance broker we built underwriting reaching 67% straight-through processing at 99.96% availability. Healthcare work is HIPAA-aligned.
Every engagement starts with a paid discovery sprint of $5,000 to $15,000 that ends in a fixed-scope proposal or an honest no-build verdict. We decline roughly 30% of incoming RFPs when the fit is wrong. Clients own their source code, infrastructure credentials and roadmap artifacts from day one, and there are no account managers between clients and engineers. Our security posture is aligned with ISO 27001:2022, SOC 2 Type II principles, HIPAA, PCI DSS and GDPR.
Founded 2013. 90+ engineers, 110+ applications delivered for 200+ clients, 87% multi-year client retention. Offices in Las Vegas, Nevada and Kyiv, Ukraine.
Pharos Production is noted for delivering high-quality services at competitive prices, with clients highlighting good value for cost and strong project management. Specific project costs include $49,000 for smart contracts and $500,000 for a financial platform, with teams typically comprising 2-10 employees.
While generally positive, some clients noted that initial documentation and knowledge transfer could be more streamlined to save time. However, the team was responsive in addressing these concerns.
Rapid Adaptation to Client Needs
Pharos Production is known for its ability to quickly adapt to changing client requirements and project scopes. Their flexible approach allows for efficient project adjustments without compromising on quality or timelines.
High Client Satisfaction
Clients express high satisfaction with the outcomes of their projects, noting that Pharos Production often exceeds expectations. Their ability to deliver fully functional platforms that align with client visions is frequently highlighted.
Strong Project Management
Clients consistently commend Pharos Production for its effective project management. They deliver projects on time, maintain clear communication, and adapt to client needs promptly. Tools like Jira, Slack, and Zoom facilitate smooth collaboration.
Technical Proficiency and Innovation
The team at Pharos Production is recognized for its technical proficiency and innovative approach. They handle complex projects with ease, providing solutions that are both technically sound and innovative.
Seamless Integration of Technologies
Pharos Production excels at integrating various technologies seamlessly. Clients report successful deployment of complex systems that work well with existing infrastructure, enhancing overall functionality and user experience.
Web & Blockchain Dev for Transportation & Logistics Company
BlockchainWeb Development
$200,000 to $999,999
Aug. 2020 - Jan. 2022
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
''We believe they executed the project with great professionalism, attention to detail, and technical expertise.''
Jun 27, 2023
Director Of Communications, Pharos Production Inc.
Tushar Unadkat
Verified
Other industries
Ontario, Canada
11-50 Employees
Online Review
Verified
A transportation and logistics company hired Pharos Production Inc. for web and blockchain development. They implemented new technology into the client's infrastructure to enhance data security and operations.
With the integrated blockchain and web platform developed by Pharos Production Inc., the client experienced a substantial improvement in data security. Implementing smart contracts and data-sharing capabilities streamlined internal processes, resulting in increased operational efficiency.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Director Of Communications of Andlauer Healthcare Group
Describe what your company does in a single sentence.
Transportation, Logistics, Supply Chain and Storage.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
We engaged Pharos Production Inc. to undertake integrated blockchain and web development for our Healthcare group. Our primary goals were to enhance data security, streamline processes, and improve the overall efficiency of our operations through the implementation of blockchain technology.
SOLUTION
How did you find Pharos Production Inc.?
Google
Why did you select Pharos Production Inc. over others?
Pricing fit our budget
Good value for cost
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
6-10 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
The scope of work for our project with Pharos Production Inc. included the integration of blockchain technology into our existing infrastructure to enhance data security and optimize operational processes. They developed a custom web platform tailored to our specific needs, which encompassed features such as user management, data encryption, smart contracts, and secure data sharing.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
The project delivered remarkable outcomes that demonstrated significant progress and success. With the integrated blockchain and web platform developed by Pharos Production Inc., our Healthcare group experienced a substantial improvement in data security, ensuring the privacy and confidentiality of sensitive patient information. The implementation of smart contracts and secure data sharing capabilities streamlined our internal processes, resulting in increased operational efficiency.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
Pharos Production Inc. displayed exemplary project management throughout the engagement. They consistently delivered items on time, adhering to the established project timeline. Their team was highly responsive to our needs, actively collaborating with us to understand our requirements and provide innovative solutions.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
One of the most impressive aspects of working with Pharos Production Inc. was their profound expertise in both blockchain and web development. They seamlessly integrated these technologies, providing us with a holistic solution that met our specific needs.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
Throughout our collaboration with Pharos Production Inc., we were highly satisfied with their performance and the outcomes achieved. We believe they executed the project with great professionalism, attention to detail, and technical expertise. We couldn't identify any areas for improvement or anything they could have done differently, as they consistently exceeded our expectations.
We wholeheartedly recommend Pharos Production Inc. to any organization seeking integrated blockchain and web development services.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Web & Mobile App Development for Retail Company
BlockchainMobile App DevelopmentWeb Development
$200,000 to $999,999
Mar. 2021 - May 2022
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"I was impressed by their very professional and qualified team and will love to work with them again."
Jun 27, 2023
IT Manager, Bent Brandt A/S
Jakob Andersen
Verified
Retail
Arhus, Denmark
51-200 Employees
Online Review
Verified
Pharos Production Inc. developed web and mobile applications for a retail company. The apps consisted of an automated blockchain solution, and the team created the apps' architecture and development.
Pharos Production Inc. delivered the apps' MVP and met the client's requirements. Pharos Production Inc. has a qualified and professional team that went straight to the point. The team delivered the project on time, showing their excellent project management skills.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the IT Manager of Bent Brandt A/S
Describe what your company does in a single sentence.
We are the leading supplier for commercial kitchens. High quality, beautiful and functional design is, and has always been, the focal point for all our products as well as our level of service. We supply all kinds of fixtures, machines as well as serving and kitchen items for e.g. restaurants, hotels, canteens, hospitals and institutions
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
Pharos production was hired to architect and develop a blockchain-based supply chain platform software.
SOLUTION
How did you find Pharos Production Inc.?
Online Search
Google
Why did you select Pharos Production Inc. over others?
Pricing fit our budget
Good value for cost
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
6-10 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
We proposed to build a supply chain platform that can speed up logistics between our partners. The idea was to build a fully-automated blockchain-based solution. We have found in Google several blockchain software development companies and Pharos Production has been selected. The goal was to build web and mobile apps which will be directly connected to the database and blockchain data stores and provide the data to users in real-time.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
MVP was ready as promised, they did a perfect Job in delivering on time and we share it with our partnering companies.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
We worked at most with their CTO. He's the software architect also. And we talked to the UI/UX designer a lot and their team.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
I was impressed by their very professional and qualified team and will love to work with them again. straight to the point
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
Very skilled team and management is excellent.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Web Dev for Bank
Blockchain
$200,000 to $999,999
Sep. 2019 - Nov. 2022
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"They bring our ideas to the development team."
Jun 27, 2023
Business Development Manager, HomeEquity Bank
Gavin Lau
Verified
Financial services
Toronto, Ontario
201-500 Employees
Online Review
Verified
Ph Pharos Production Inc. developed a blockchain-based KYC platform for a bank. The team created the UI/UX design, software architecture documents, prototypes, and MVP.
Pharos Production Inc.'s work resulted in a working product that exceeded the client's expectations. Their effective communication through Google Meet and task management through ClickUp ensured a smooth workflow. Their ability to deliver a product based on requirements and time was commendable.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Business Development Manager of HomeEquity Bank
Describe what your company does in a single sentence.
HomeEquity Bank is a Schedule I Canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over. HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
We decided to build a blockchain-based KYC platform that can be used in our company and between our partners. We have provided Pharos Production with a document with requirements for KYC. They already have had an experience with KYC systems, so the decision was right, they know what to do.
SOLUTION
How did you find Pharos Production Inc.?
Referral
Why did you select Pharos Production Inc. over others?
Pricing fit our budget
Good value for cost
Referred to me
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
6-10 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
We provided the requirements to Pharos Production. During the discovery phase, they created a UI/UX design and required software architecture documents. Then they provided us with a prototype. The prototype was as expected and we decided to build an MVP. Now we have an integration phase, all seems fine.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
The best I can say is we have a working product that is exactly what we expected and even better than we expected.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
We work with their CTO and project manager. They bring our ideas to the development team. We use Google Meet for calls and Click for task management.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
Impressive is their ability to make a product from requirements and in time.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
They are very good at what they do.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Custom Software Dev for Shipping & Logistics Company
Blockchain
$200,000 to $999,999
May 2020 - Apr. 2021
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"Pharos Production Inc. has created the platform exactly as we have described it and even better."
Jun 24, 2023
Managing Director, Harren Group
Nils Aden
Verified
Other industries
Bremen, Germany
501-1,000 Employees
Online Review
Verified
Pharos Production Inc. developed a blockchain-based IoT platform for a shipping and logistics company. The team specified the requirements, built the software architecture, and automated sensor nodes.
The client was pleased with the final product, which exceeded their expectations. Pharos Production Inc. improved upon the client's vision. They had a single point of contact and communicated via weekly Google Meet meetings, Telegram, and ClickUp. The client appreciated the team's directness.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Managing Director of Harren Group
Describe what your company does in a single sentence.
Heaavy lift shipping, integrated project logistics, marine engineering, ship management and crewing, commodity logistics, and offshore wind operations. We are the bridge between land and sea.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
The goal was to prototype a blockchain-based IoT platform for cargo container monitoring.
SOLUTION
How did you find Pharos Production Inc.?
Referral
Why did you select Pharos Production Inc. over others?
Pricing fit our budget
Referred to me
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
6-10 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
Pharos Production has transformed the idea into software architecture and requirements specifications. After that, they build a fully automated system of blockchain-based sensor nodes and we have tried it in our cargo containers. After this Pharos Production finished the user interfaces part of the platform.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
Pharos Production Inc. has created the platform exactly as we have described it and even better.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
The contact point is their CTO. We have weekly Google Meet calls, discussing tasks in Click and in Telegram chat.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
The most impressive is how they can turn our idea into the final product. Straight to the point.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
They know very well how to improve their skills.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Web Dev & Design for Cryptocurrency Exchange Platform
BlockchainWeb DesignWeb Development
$200,000 to $999,999
May 2022 - Feb. 2023
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"Their technical skills were impressive."
Jun 16, 2023
Financial Intelligence Administrator, Safello
Melissa Persson
Verified
Financial services
Sweden
11-50 Employees
Online Review
Verified
Pharos Production Inc. was hired to develop and design a cryptocurrency exchange platform for buying. After a thorough discovery and planning phase, the team built a working MVP and rolled it into production.
Pharos Production Inc. successfully delivered a fully functional product that aligned with the client's vision. The team managed the project very well using various tools such as Jira, Clickup, Google Meet, and Telegram. Also, their technical expertise stood out.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Financial Intelligence Administrator of Safello
Describe what your company does in a single sentence.
Safello is the safe and simple cryptocurrency exchange for Swedish customers
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
To create a cryptocurrency trading platform for buying, selling of various cryptocurrencies.
SOLUTION
How did you find Pharos Production Inc.?
Online Search
Why did you select Pharos Production Inc. over others?
Pricing fit our budget
Good value for cost
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
2-5 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
Pharos Production started with an extensive 4-week discovery phase, which resulted in a full MVP plan and software architecture diagrams. They also provided interactive wireframes of UI/UX design. After the planning phase, they conducted continuous 2-week sprints, with demos of progress along the way. After producing an MVP, they conducted an 8-week phase to make bug improvements and solicit feedback. After they rolled us into production, which is where we stand now.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
They were able to take our idea and turn it into a fully functioning product. It's the best outcome ever.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
We worked with Jira, Click and text chat in Telegram. Also we have regular calls via Google Meet.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
They can build a fully functional complex platform from rough ideas. Their technical skills were impressive.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
As I know they always improve their engineering stack and skills.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
NFT Marketplace Development for Digital Solutions Company
Custom Software Development
$200,000 to $999,999
Jan. 2022 - June 2023
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"I was very happy with their work."
Jun 6, 2023
Co-Founder, Ionixx Technologies
Swathi Mohan
Verified
Other industries
Austin, Texas
501-1,000 Employees
Online Review
Verified
Pharos Production Inc. developed an NFT marketplace for a digital solutions company. The team created a prototype and delivered a platform compatible with Android and iOS, with a user portal and an admin panel.
Pharos Production Inc. developed a stable platform that became crucial to the client's business. The app worked very well, and the client didn't experience any bugs or crashes. Pharos Production Inc. delivered everything on time and communicated with the client through Google Meet and Jira.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Co-founder of Ionixx Technologies of Ionixx Technologies
Describe what your company does in a single sentence.
We deliver robust digital solutions that drive our customers' growth. With a team of domain experts in Brokerage, Healthtech, Web3, and Fintech, we offer innovative solutions to achieve outstanding outcomes.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
The goal was to create a new type of NFT marketplace with various integrated blockchains and make it a scalable and fault-tolerant system deployed into the AWS cloud.
SOLUTION
How did you find Pharos Production Inc.?
Online Search
Why did you select Pharos Production Inc. over others?
Pricing fit our budget
Great culture fit
Good value for cost
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
6-10 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
Pharos Production has developed the web and mobile software we needed. Initially, I talked to them about our needs, and they guided me through creating an appropriate analysis and documentation for the project. During this stage, they also helped me define the details of the platform.
Then, Pharos Production created a prototype for the product. Once we ensured the prototype had no issues and included what we had requested, they delivered the platform's final version. Technically, they delivered four apps: an Android version, an iOS version, a user's portal and an admin panel.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
The platform built by Pharos Production has become crucial for our business. Currently, any NFT creator or collector can use the platform. As for the platform itself, it is stable and works very well, and we haven’t experienced any bugs or crashes.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
Pharos Production delivered everything on time. However, at the end of the project, I requested additional changes, which took them extra time to complete. We communicated via Google Meet and Jira.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
The most impressive thing about our engagement was how stable our platform turned out to be.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
No, I was very happy with their work.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Android App Development for Financial Sector Startup
Mobile App Development
Mobile CommerceFinancial Mobile App DevelopmentAndroid App Development
$200,000 to $999,999
July 2020 - Ongoing
5.0
Quality
4.5
Schedule
4.5
Cost
5.0
Willing to Refer
5.0
“Their expertise in the field of blockchain really sets them apart from most of the developers in their industry.”
Aug 11, 2020
CEO, Financial Services Startup
Anonymous
Verified
Retail
London, England
1-10 Employees
Phone Interview
Verified
Pharos Productions provided POC development for the blockchain payments application of a tech startup, working from client-provided wireframes to deliver an Android app alongside an explainer video.
The development work completed by Pharos Productions satisfied all project stakeholder requirements and has met with some success in the limited trials that have been conducted so far. Their team brought a wealth of knowledge to the project and documented all of their work in great detail.
A Clutch analyst personally interviewed this
client over the phone. Below is an edited
transcript.
BACKGROUND
Introduce your business and what you do there.
I’m the founder and CEO of a startup in the financial services sector.
OPPORTUNITY / CHALLENGE
What challenge were you trying to address with Pharos Productions?
We were looking for a very simple demonstration of one of the core features of our future platform to show to potential stakeholders.
SOLUTION
What was the scope of their involvement?
Our goal with the company is to develop an alternative payment method for traditional card schemes based on blockchain and the use of a GDP stable coin passing between participants in our network. The core concept that we wanted to demonstrate in the POC is the ability for a consumer user to have the app installed on their phone and then pay a merchant online through a QR code.
They created the product, which can be downloaded onto android phones and used at our demonstration shop, and an explainer video that goes alongside it to help explain the different features that will eventually exist in the product as well.
What is the team composition?
There were three members of their team involved, but we communicated primarily through one person who then delegated the work to his developers for the majority of the work.
How did you come to work with Pharos Productions?
I was introduced to them through a friend of mine who is very reliable, so I gave them a chance and haven’t looked back since.
How much have you invested with them?
To date, the project is running at about $500,000 in total.
What is the status of this engagement?
We started working on the process in July 2020 and we are essentially completed, although a few final tweaks to the graphics are continuing to be made at the moment.
RESULTS & FEEDBACK
What evidence can you share that demonstrates the impact of the engagement?
The product works, which is obviously by far the main thing we were looking for. All of the key elements are in there, and we really haven’t had to make many tweaks and changes to what they’ve provided on their first rounds of the development. We really are totally satisfied with the work so far.
How did Pharos Productions perform from a project management standpoint?
Deadlines were all met, and they are constantly on Skype and available to talk through things, so communication has been very smooth. We also never had to worry about coming in on budget, which took a pretty big load off my shoulders as the founder of the venture.
What did you find most impressive about them?
Their expertise in the field of blockchain really sets them apart from most of the developers in their industry. He was able to pick up the set of protocols and technologies that we wanted to work with very quickly because of his level of experience and has documented everything he’s done in incredible detail along the way. That’s made it much easier for us to understand the process and have a better handle on what we’ve accomplished and what still needs to be done.
Are there any areas they could improve?
No, I honestly don’t think there’s anything I wish they had done differently.
RATINGS
5.0
Quality
4.5
Service & Deliverables
Schedule
4.5
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Custom Platform Dev for Software & Cybersecurity Firm
Custom Software Development
Java
$1,000,000 to $9,999,999
Jan. 2018 - Ongoing
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"It’s their flexibility and fast response times that are most impressive."
Jul 8, 2020
CEO, DevSlate Group
Andrius Petkevicius
Verified
Information technology
Vilnius, Lithuania
11-50 Employees
Phone Interview
Verified
Pharos Production has handled the initial development of a custom Java platform for a software development and cybersecurity firm. The client provided a concept, but the platform was designed from scratch.
The company has delivered as promised and communicated well through Skype and Slack, meeting their customer's measures of success. The customer also reported that they have been flexible and worked efficiently to follow the timelines they set.
A Clutch analyst personally interviewed this
client over the phone. Below is an edited
transcript.
BACKGROUND
Introduce your business and what you do there.
I’m the CEO of DevSlate Group, which is a software development and cybersecurity company.
OPPORTUNITY / CHALLENGE
What challenge were you trying to address with Pharos Production Inc.?
We were seeking to develop a casino marketplace platform and were looking for experts that had developed similar solutions.
SOLUTION
What was the scope of their involvement?
Pharos handled the initial discovery phase, which included the architecture of the Java platform and the design of the business logic. We proceeded with the design and development stages. The platform is completely new, built from scratch. We started with the concept, and Pharos helped us through the entire process.
What is the team composition?
Dmytro (Founder and CTO) is their main point of contact, and the team size for this project is around 10 people.
How did you come to work with Pharos Production Inc.?
I spoke with Dmytro initially, but it was about another topic. He introduced the company as having experience in the gaming sector. I recalled Pharos when we were looking for developers for this project, and we connected again.
How much have you invested with them?
The cost so far is around $4 million.
What is the status of this engagement?
We started working with Pharos around the start of 2018, and the project is ongoing.
RESULTS & FEEDBACK
What evidence can you share that demonstrates the impact of the engagement?
We don’t have set KPIs, but I can say that Pharos has been strong with provided timelines and flexible throughout the process. We measure success in the developers’ ability to deliver as promised, and their ability to communicate. Pharos Production has been very good in both of these areas.
How did Pharos Production Inc. perform from a project management standpoint?
They most likely use project management tools internally, but we usually communicate with them through Skype and Slack.
What did you find most impressive about them?
It’s their flexibility and fast response times that are most impressive.
Are there any areas they could improve?
I can’t think of anything. The whole process has been very positive from our side, and I can only say good things about them.
Do you have any advice for future clients of theirs?
My advice would be to keep an open mind and trust the experts in the field.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Software & Blockchain Dev for Gambling Tech Company
Custom Software Development
ElixirJavaScala
$200,000 to $999,999
July 2015 - Ongoing
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"Their software architecture capabilities stand out, as well as their expertise with FinTech systems."
Feb 28, 2019
CTO, Gambitstream
Anonymous
Verified
Gaming
Kyiv, Ukraine
1-10 Employees
Phone Interview
Verified
Pharos Production Inc. serves as a software and blockchain development partner. The team primarily uses Scala to execute integrations and frontend development.
The team’s agile approach and strong time management skills have resulted in a successful partnership. Customers can expect responsive service and clear communication.
A Clutch analyst personally interviewed this
client over the phone. Below is an edited
transcript.
BACKGROUND
Introduce your business and what you do there.
I’m the CTO at Gambitstream, a distributed system for gambling and betting. We provide distributed technologists for our clients.
OPPORTUNITY / CHALLENGE
What challenge were you trying to address with Pharos Production Inc.?
We hired them to develop our software.
SOLUTION
What was the scope of their involvement?
Pharos Production Inc. executes software and blockchain development for different distributed betting systems. Specifically, the team does frontend development and integrations. They work mostly with Scala, but also Elixir, J.P. Morgan Quorum blockchain, Hyperledger, and Java.
What is the team composition?
The team includes 3–4 developers, a QA specialist, a project manager, and a product owner.
How did you come to work with Pharos Production Inc.?
We spoke Pharos Production Inc. and saw they had affordable prices. Although they are based in Las Vegas, the developers are located in Europe. That arrangement work as our development and management teams are in Lithuania and Latvia. We can easily visit their office.
How much have you invested with them?
We’ve spent $450,000.
What is the status of this engagement?
We started working together in July 2015 and the partnership is ongoing.
RESULTS & FEEDBACK
What evidence can you share that demonstrates the impact of the engagement?
Metrics aren’t publicly available because we provide backend systems for a closed group of investors.
How did Pharos Production Inc. perform from a project management standpoint?
The team is responsive and communicative. They work in agile.
What did you find most impressive about them?
Their software architecture capabilities stand out, as well as their expertise with FinTech systems.
Are there any areas they could improve?
They could work with a wider range of technologies. But we are happy with their service.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
"They never miss deadlines. We’re very happy with their time management skills."
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Blockchain for Software Deployment & Patch Mgmt Company
Blockchain
$10,000 to $49,999
Feb. 2025 - Feb. 2026
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"Their team explained complex blockchain concepts in a simple way."
Aug 4, 2026
Digital Operations Specialist, Patch My PC
Cory Mathis
Other industries
Dundee, Michigan
51-200 Employees
Online Review
Pharos Production Inc. developed a blockchain-based solution for a software deployment and patch management company. They created smart contract functionality and integrated it with existing systems.
Pharos Production Inc.'s solution improved data transparency, reduced manual verification, made record tracking more reliable, sped up internal processes, and enhanced security. Their well-organized team delivered every milestone on time, communicated clearly, and was highly responsive.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Digital Operations Specialist, Patch My PC of Patch My PC
Describe what your company does in a single sentence.
We provide automated third-party application deployment and patch management solutions for Microsoft Configuration Manager and Microsoft Intune environments.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
We wanted to explore blockchain to improve software licensing, increase data integrity, and create a more secure way to track updates and application records across our platform.
SOLUTION
How did you find Pharos Production Inc.?
Online Search
Clutch Site
Why did you select Pharos Production Inc. over others?
High ratings
Great culture fit
Good value for cost
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
2-5 Employees
Describe the scope of work in detail. Please include a summary of key deliverables.
Pharos Production Inc. designed and developed a blockchain-based solution, created smart contract functionality, integrated it with our existing systems, and handled testing, deployment, and technical documentation.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
The solution improved data transparency, reduced manual verification, and made record tracking more reliable. We also noticed faster internal processes and better security for sensitive information.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
Their project management was well organized. They delivered every milestone on time, communicated clearly, and quickly responded whenever we had questions or requested changes.
What was your primary form of communication with Pharos Production Inc.?
Virtual Meeting
Email or Messaging App
What did you find most impressive or unique about this company?
Their team explained complex blockchain concepts in a simple way and focused on building a practical solution that matched our business needs instead of overcomplicating the project.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
Overall, we had a very good experience. The only small improvement would be providing a few more training sessions for our internal team after the final deployment.
RATINGS
5.0
Quality
5.0
Service & Deliverables
Schedule
5.0
On time / deadlines
Cost
5.0
Value / within estimates
Willing to Refer
5.0
NPS
Showing 21-30 of
104 Reviews
Blockchain & Regulated FinTech Discovery Sprint
A 2–4-week discovery sprint for blockchain, Web3 and regulated FinTech products. Pharos Production defines product scope, on-chain and off-chain architecture, smart contracts and integrations, then maps applicable KYC/AML, MiCA or PSD2 technical requirements, security risks, development roadmap, timeline, team and budget.
Small
Founders validating a blockchain or Web3 concept
$5,000
/total
Product scope and requirements: Lean scope and core user flows
Smart contract and protocol architecture: Contract flows, interfaces and data model
KYC/AML and regulatory technical mapping: Provider, workflow and data-flow map
Security threat model: Detailed threat model
3
week
delivery
Large
Enterprises planning complex blockchain platforms
$15,000
/total
Product scope and requirements: Detailed multi-role product specification
Blockchain solution architecture: High-load, multi-system and cross-chain design
Smart contract and protocol architecture: Protocol specification and upgrade strategy
KYC/AML and regulatory technical mapping: Control matrix and audit-trail design
Security threat model: Threat model and external audit plan
4
week
delivery
Features
Small
$5,000
/total
Medium
$10,000
/total
Large
$15,000
/total
Product scope and requirements
Lean scope and core user flows
Detailed MVP requirements
Detailed multi-role product specification
Blockchain solution architecture
High-level on-chain/off-chain design
Detailed scalable architecture
High-load, multi-system and cross-chain design
Smart contract and protocol architecture
Feasibility review and contract map
Contract flows, interfaces and data model
Protocol specification and upgrade strategy
KYC/AML and regulatory technical mapping
Applicable requirements checklist
Provider, workflow and data-flow map
Control matrix and audit-trail design
Security threat model
High-level risk register
Detailed threat model
Threat model and external audit plan
Chain and technology selection
Primary chain recommendation
EVM vs non-EVM comparison
Multi-chain and interoperability strategy
API and third-party integration map
Up to 2 integrations
Up to 5 integrations
5+ systems and end-to-end data flows
UX flows and prototype
Core user flows
Low-fidelity wireframes
Clickable core-flow prototype
Delivery roadmap, team and budget
Indicative phase plan and budget range
Costed MVP backlog and team plan
Phased enterprise roadmap and estimate
Discovery workshops
1 workshop
3 workshops
5 workshops
Technical proof of concept
Not included
Architecture validation only
1 critical technical spike
Number of revisions
1
2
3
Delivery time
2 weeks
3 weeks
4 weeks
Small
$5,000
/total
Product scope and requirements
Lean scope and core user flows
Blockchain solution architecture
High-level on-chain/off-chain design
Smart contract and protocol architecture
Feasibility review and contract map
KYC/AML and regulatory technical mapping
Applicable requirements checklist
Security threat model
High-level risk register
Chain and technology selection
Primary chain recommendation
API and third-party integration map
Up to 2 integrations
UX flows and prototype
Core user flows
Delivery roadmap, team and budget
Indicative phase plan and budget range
Discovery workshops
1 workshop
Technical proof of concept
Not included
Number of revisions
1
Delivery time
2 weeks
Medium
$10,000
/total
Product scope and requirements
Detailed MVP requirements
Blockchain solution architecture
Detailed scalable architecture
Smart contract and protocol architecture
Contract flows, interfaces and data model
KYC/AML and regulatory technical mapping
Provider, workflow and data-flow map
Security threat model
Detailed threat model
Chain and technology selection
EVM vs non-EVM comparison
API and third-party integration map
Up to 5 integrations
UX flows and prototype
Low-fidelity wireframes
Delivery roadmap, team and budget
Costed MVP backlog and team plan
Discovery workshops
3 workshops
Technical proof of concept
Architecture validation only
Number of revisions
2
Delivery time
3 weeks
Large
$15,000
/total
Product scope and requirements
Detailed multi-role product specification
Blockchain solution architecture
High-load, multi-system and cross-chain design
Smart contract and protocol architecture
Protocol specification and upgrade strategy
KYC/AML and regulatory technical mapping
Control matrix and audit-trail design
Security threat model
Threat model and external audit plan
Chain and technology selection
Multi-chain and interoperability strategy
API and third-party integration map
5+ systems and end-to-end data flows
UX flows and prototype
Clickable core-flow prototype
Delivery roadmap, team and budget
Phased enterprise roadmap and estimate
Discovery workshops
5 workshops
Technical proof of concept
1 critical technical spike
Number of revisions
3
Delivery time
4 weeks
Our Story
Pharos Production has run since 2013. 90+ engineers between Las Vegas and Kyiv, across 38 time zones.
We keep a chain abstraction layer, so adding a chain to a multi-chain product takes 1 to 2 weeks instead of 8 to 12.
The engineers who write Solana programs also audit them: 15+ Rust projects since 2019 and 30+ smart contract audits.
We hold a granted patent for AI processing of medical images. We do not chain-shop.
Meet the Team
Dmytro NasyrovFounder & CTO
Founder and CTO since 2013. Holds a granted patent for AI processing of medical images. Works directly on chain selection, key management and smart contract audit scope for FinTech and Web3 teams shipping under MiCA.
Victor SineglazovProfessor, AI Scientist and Advisor
Victor Sineglazov is a Doctor of Engineering Science, professor and author or co-author of 700+ publications. At Pharos Production, he advises machine learning, neural network and computer vision solutions for FinTech and blockchain products.
Olena ZaichenkoFinTech, AI and Cybernetics Scientist and Advisor
FinTech and AI Advisor at Pharos Production. Doctor of Engineering Sciences and professor at Igor Sikorsky KPI, researching AI and computational intelligence for financial market forecasting. 24 years as a financial analyst.
What Sets Us Apart
EVM and Non-EVM Chains in One Product
PumpTap holds Ethereum, Solana and BNB Chain keys behind one interface. That meant reconciling secp256k1 and Ed25519 signing under MPC key management. It runs 50,000+ daily transactions with zero security incidents. Adding a further chain takes 1 to 2 weeks.
High-Load FinTech and Web3 Architecture
Pharos Production engineers secure, event-driven platforms for real-time financial and blockchain workloads. Our portfolio includes a Web3 system spanning 15+ blockchains at 10,000+ events per second and a loyalty platform taken from 80,000 to 2.4 million daily transactions.
Regulated Crypto and FinTech Delivery
We build to MiCA, PSD2, AML and Travel Rule requirements and implement ERC-3643 and ERC-1400 for permissioned transfers. Nextcheck runs KYC and AML at 5,000+ verifications a day. Pleenk cut KYC decision time from 45 seconds to 4.2 seconds.
Premier Verified means Clutch independently confirmed Pharos Production is a legally registered business, financially sound (Creditsafe: Moderate Risk), and backed by 42 verified client reviews averaging 5.0 stars.
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Pharos Production - MiCA compliance software, FinTech AI agents, Web3 and Blockchain
