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 offers competitive pricing and good value for cost, as highlighted by clients. They are noted for their budget-friendly solutions across various projects, with costs ranging from $500 to $4 million depending on project complexity and size.
Pharos Production's comprehensive industry knowledge, particularly in blockchain, IoT, and fintech, allows them to provide valuable insights and create effective solutions. Their expertise is a key factor in their successful project outcomes.
Strong Blockchain and Cybersecurity Expertise
Pharos Production is consistently praised for their deep expertise in blockchain technology and cybersecurity. They have successfully developed secure systems for various industries, including finance, gambling, and logistics, enhancing data security and operational efficiency.
Excellent Communication and Collaboration
Clients highlight Pharos Production's excellent communication and collaboration throughout projects. They are responsive, proactive, and maintain transparency, ensuring a smooth partnership and successful project execution.
Areas for Improvement in Team Expansion
While Pharos Production consistently delivers high-quality work, some clients suggest expanding their team could further expedite development processes for large-scale projects.
Seamless Integration and Scalability
Pharos Production has successfully integrated blockchain and other technologies into existing infrastructures, enhancing data security and scalability. Their solutions are designed to handle high transaction volumes and provide seamless user experiences.
Effective Project Management
Clients commend Pharos Production for their effective project management, using tools like Jira, Trello, and Slack. They maintain regular communication via virtual meetings and consistently deliver projects on time, adapting quickly to changes and feedback.
"I was impressed by the very skilled engineering team."
Jul 16, 2023
Co-Founder, Startup Company
Anonymous
Verified
Manufacturing
Mumbai, India
1-10 Employees
Online Review
Verified
Pharos Production Inc. provides development services for a startup company. The team has developed an IoT platform that works with IOTA. The team is responsible for the platform's software architecture.
The team has successfully developed the platform, meeting the client's expectations. Pharos Production Inc. has a skilled engineering team that can handle complex projects. The team shows excellent project management skills using Jira and communicates with the client via Telegram and Google Meet.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Co-founder of a manufacturing company
Describe what your company does in a single sentence.
Our company is an Indian start-up company in the energy storage space.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
Our main goal and priority was to make higher control of quality for manufacturing and storage.
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
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 been working with the IOTA network previously. We decided that the company must have this experience in the first place. Also we looked for a company with a highly skilled engineering team who can solve complex tasks in software architecture.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
Pharos Production has successfully developed an IoT platform based on the IOTA network for a manufacturing company. After learning the requirements, the team provided an estimated quote and timeline. Then they provided the software architecture. After that development has been accomplished according to the plan.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
Excellent management skill. The communication via Google Meet and Telegram. Other project management is in 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?
I was impressed by the very skilled engineering team. Highly recommended for complex high-load projects.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
They know 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
"You can select Pharos Production for complex projects for sure.
Web & Mobile App Development for Rideshare Company
Blockchain
$200,000 to $999,999
Sep. 2022 - Apr. 2023
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"The team's progress was very fast."
Jul 7, 2023
Co-Founder, Alto
Patrice Cristinel
Verified
Other industries
Dallas, Texas
51-200 Employees
Online Review
Verified
Pharos Production Inc. developed web and mobile applications for a rideshare company. The team created the platform on a semi-private blockchain network and included a know-your-customer (KYC) verification.
Pharos Production Inc. delivered a functional platform according to the client's ideas. The client transformed their business into a blockchain-based one. The app's quality and design met the client's expectations, and the team helped the client digitalize their business.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the Co-Founder of Alto
Describe what your company does in a single sentence.
Alto is the first employee-based rideshare company rethinking a traditionally inconsistent, gig-based industry.
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
We have hired the Pharos Production team to create a carsharing platform on a semi-private blockchain. It includes a browser app, mobile app and blockchain explorer.
SOLUTION
How did you find Pharos Production Inc.?
Google
Why did you select Pharos Production Inc. over others?
Good value for cost
Company values aligned
How many teammates from Pharos Production Inc. were assigned to this project?
10-15
Describe the scope of work in detail. Please include a summary of key deliverables.
The idea was to create a platform available to anyone easy-to-use but with a strong KYC verification of drivers.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
Pharos Production has created the complete platform just based on our ideas. In fact, we have transformed our business into blockchain-based. The platform is up and running.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
We're digitalizing our carsharing business. We have selected a blockchain as a fundamental core of our new platform. Pharos Production created the prototype of the platform and once it was ready they built the mobile app.
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 team's progress was very fast. We haven't realized it's possible to have such speed. Also the quality of the app is perfect and the design is very good.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
Nothing.
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
"Have a call with them. This is the right place for your ideas.
Web Design & Development for Car Rental Company
Web DesignWeb Development
$200,000 to $999,999
Oct. 2022 - Ongoing
5.0
Quality
5.0
Schedule
5.0
Cost
5.0
Willing to Refer
5.0
"They're able to deliver high-quality work on time."
Jun 28, 2023
IT Manager, Zoomcar
Anonymous
Verified
Other industries
India
1,001-5,000 Employees
Online Review
Verified
Pharos Production Inc. has built a car rental platform for a car rental company. They're responsible for designing and developing the solution's architecture and UI/UX design.
Pharos Production Inc. has successfully delivered the solution and continues to develop and implement new features and functionalities to further enhance it. The team communicates effectively and works efficiently. They are goal-oriented and dedicated to delivering high-quality work on time.
The client submitted this review online.
BACKGROUND
Please describe your company and position.
I am the IT Manager of Zoomcar
Describe what your company does in a single sentence.
Car rental for tourists
OPPORTUNITY / CHALLENGE
What specific goals or objectives did you hire Pharos Production Inc. to accomplish?
Software architecture and development of a platform for a car rental company.
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
Google
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 provides us with software architecture, software development, UI/UX services. They’ve helped us to structurize requirements for the platform. Then most of the work they have done on their own. We only checked and confirmed the design layouts and how the platform works. The team has built a very professional engineering documentation and the software works as expected and without bugs.
RESULTS & FEEDBACK
What were the measurable outcomes from the project that demonstrate progress or success?
It’s live and we continue to work on things that we have to add in the next release.
Describe their project management. Did they deliver items on time? How did they respond to your needs?
We communicate via Google Meet, we have a schedule described in a Gantt chart and we use a bug-tracking service 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?
They're able to deliver high-quality work on time. They think more about business digitalization and don't delay with new features. Goal-oriented team.
Are there any areas for improvement or something Pharos Production Inc. could have done differently?
Not sure. They know 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
"I will recommend working with them
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
Showing 21-30 of
108 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, has had its financial risk status checked (Creditsafe: Moderate Risk), and is backed by 45 verified client reviews averaging 5.0 stars.
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