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Fintech, Medtech, Blockchain custom development

4.9
4 reviews

Edenlab is a boutique software and product development company with a primary focus on Fintech, Blockchain, and Medtech.

We apply our experience & knowledge in designing, architecting, and developing sophisticated & high secured products, working as external RnD and product development team. On top of the development, our strong team of Architects and Business analysts brings tremendous business expertise that significantly helps us effectively transform our client's business ideas into robust software solutions.

Fintech is our core domain, given our deep understanding of the business side of things, we know how financial business works, relations between all players, what tools you can apply to what customer needs. Among our customers are Mastercard Europe, European loan originators, and major Ukrainian banks.

The second our area of expertise is a MedTech, and here we are proud of our e-health project. Its a Medical country-wide information system for the Ukrainian government. The system handles millions of accounts and tens of millions of personal records, and it is purposed to move all the medical documentation from offline to online in the entire country, this is a massive project that is a part of our country's medical reform and funded by a group of international donors including USAID. We developed the system according to HL7/FHIR standards.

The other focus of ours is the blockchain. It is one of our core competencies, specifically, such areas as fintech, MedTech, and alternative energy. Our team possesses a range of such skills as Ethereum Dapps and private blockchain development as well as an application of Tendermint, HyperLedger, Quorum, and other. We work with blockchain technology since 2015.

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$25,000+
 
$25 - $49 / hr
 
50 - 249
 Founded
2014
Show all +
Kiev, Ukraine
headquarters
  • 33 T. Shevchenko blvd, 11th floor
    Kiev, KV
    Ukraine
    +380993000853

Portfolio

Key clients: 

Moneysend hub for Mastercard

Background:
In Eastern Europe, p2p money remittances are well developed and demonstrating stable growth. These services are supported by banks together with payment service provides, who usually manage user interfaces. From the other side, to make any money transfers to a payment card, the Sender should get a full card number (PAN) of Receiver, and it is not only an extra step, but it is also prone to

…
errors and might be insecure. 

Business Goals: 

  • to provide the Receiver with simple and secure experience to quickly and easily register their card and to receive money on it.  
  • support a way of transferring money when the Sender needs to know only the mobile phone number of the Recipient.  

Solution:
Development of Money Send hub, an interoperable mapping service. The service provides the API to all payment originators, which are the originators of p2p money transfers. The Receiver gets the notification from Mastercard platform, completes one-time simple registration and receives all transfers from different payment originators in one place. The Receiver can save his PAN and select the saved card as a default one. The payments to the default card will be sent automatically, without any additional actions from the Receiver.

Results:

  • the solution launched in  Ukraine, Moldova, and Georgia;
  • more than 20 banks and PSP;
  • thousands of registered users;
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National e-health system

Background

  • outdated soviet model system (designed back in the 60s);
  • outdated clinical registries;
  • lack of national infrastructure like population registry;
  • up to 7% of facilities with EHR solutions, mostly private ones;
  • low level of computer literacy among GPs and poor ICT infrastructure;
  • ineffective financial
…
model;

Final Goal: complete digitization of the healthcare system 
1st step:

  • development of Central Component/Open API;
  • connection of all Medical Information Systems (MIS);
  • support of the PHC (Primary Health Care);
  • compensations of the affordable drugs program and medical prescriptions;

2nd step

  • secondary health care;
  • Support inpatient/tertiary health care;
  • fully anonymous monitoring;
  • medical insurance;

Core Features 

  • Interoperability;
  • ICPC-2 methodology; 
  • Blockchain solution for Data Storage;
  • ML for deduplication data;
  • HL7 FHIR for data storage;
  • Secure access to medical data;

Results due to 01.05.2019 

  • 27 727 508 registered users;
  • 1 930 PHS facilities;
  • 24 618 doctors;
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KYC on blockchain solution

Kimlic is a Know-Your-Customer marketplace built on Quorum blockchain. This solution enables instant onboarding to any platform using pre-verified identity credentials, without storing any personal data. Users can upload their KYC documents using Kimlic Android app securely to any business.

The system provides the following features to its users:

  • Allows users to do KYC processes for different
…
services within the ecosystem.
  • Allows users to share verified data and documents with other counterparties.
  • Using passwordless authentication technology users’ identity data and documents are securely transferred.
  • Identity data and documents can be transferred from users mobile phones to businesses directly utilizing blockchain technology.
  • Identity proof documents and private keys are NOT stored on Kimlic servers but only in user's device.
  • Users are rewarded with a token each time users share their identity information.
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    Peer-to-peer energy marketplace

    Background:

    World energy companies hold us as a community, power and energy hostage They control the supply of energy and control the cost of energy that we require for our daily living and for our businesses to operate. World energy companies do not want free energy as it impedes their profit-making machines.

     

    Specific business problems:

    • No
    …
    meaningful global energy hub currently exists allowing the effective transfer of the value of surplus energy to a user in a diverse geographic location
  • Cryptocurrency must achieve meaningful utilization to maintain and enhance value.
  • Few direct investment opportunities into infrastructure projects are available for cryptocurrency investment

    • Solution:

    Lotus Energy utilizes a distributed ledger to account for all Lotus Energy generating assets on the platform allowing for the transfer of energy via our LET-Net in conjunction with smart contracts. The energy can be transferred peer to peer within jurisdiction energy grids. The economic energy value can be transferred across borders, internationally, and shared globally where Lotus Energy generation or energy storage assets are in place. Lotus Energy generating and storage assets are monitored in real time allowing for captive use of export. The smart contracts outline the obligations as between Lotus and the energy consumer. 

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    Reviews

    4.9
    4 reviews
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    Dev & Design of Secure Payment Platform

    “Their level of feedback, support, and scalability is impressive.”

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    5.0

    Quality: 
    4.5
    Schedule: 
    5.0
    Cost: 
    4.5
    Willing to refer: 
    4.5
    The Project
     
    Confidential
     
    2016 - Ongoing
    Project summary: 

    EDENLAB is developing a payment platform and linked database to make card-to-card money transfers more secure. Services include UI/UX design and backend development. 

    The Reviewer
     
    201-500 Employees
     
    Ukraine
    VP Product Development, Financial Company
     
    Verified
    The Review
    Feedback summary: 

    Having built their own payment solution, it comes as no surprise that the platform EDENLAB continues to develop is reliable and functional. The team provides support and actionable insights. They are timely and readily available.

    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 VP of product development at a financial company.

    OPPORTUNITY / CHALLENGE

    What challenge were you trying to address with EDENLAB?

    My company wanted to create a more secure money transfer solution through a database. We needed an experienced IT company to implement and develop our platform.

    SOLUTION

    What was the scope of their involvement?

    EDENLAB is developing a payment platform that provides card-to-card money transfer services. They are also designing the UI/UX. To make the platform more secure, EDENLAB built a website with a database that links the end consumer’s card to other identifying information; this way, the receiving identifier is not the card, but the consumer’s phone number or email address. EDENLAB developed the backend so that it can integrate with banks, which perform the money transfer.

    What is the team composition?

    We work with a business analyst, project manager, and two IT developers.

    How did you come to work with EDENLAB?

    EDENLAB had their own payment platform, on which consumers can pay their bills and perform money transfers. Since they had an existing solution, we approached them with our idea for making transfers more secure.

    What is the status of this engagement?

    The engagement began in 2016, and it is ongoing.

    RESULTS & FEEDBACK

    What evidence can you share that demonstrates the impact of the engagement?

    The platform is functional and reliable. EDENLAB’s team is supportive and always available, and they deliver on time.

    How did EDENLAB perform from a project management standpoint?

    We communicate via phone, email, and Messenger, and we have weekly meetings. EDENLAB sometimes participates in our strategic discussions. They help us see areas for improvement in our ideas and the overall project.

    What did you find most impressive about them?

    Their level of feedback, support, and scalability is impressive.

    Are there any areas they could improve?

    No, there’s nothing I’d have them improve.

    Do you have any advice for potential customers?

    It’s crucial to prepare clear and functional business requirements.

    5.0
    Overall Score
    • 5.0 Scheduling
      ON TIME / DEADLINES
    • 4.5 Cost
      Value / within estimates
    • 4.5 Quality
      Service & deliverables
    • 4.5 NPS
      Willing to refer

    MVP of Peer-to-Peer Energy Exchange Platform

    “The team was friendly and worked hard to resolve our concerns, consistently looking for ways to improve.”

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    4.5

    Quality: 
    5.0
    Schedule: 
    4.5
    Cost: 
    4.0
    Willing to refer: 
    5.0
    The Project
     
    $50,000 to $199,999
     
    Nov. 2018 - Apr. 2019
    Project summary: 

    EDENLAB collaborated with the internal team to create a project plan. They built an MVP for a P2P energy exchange, integrating it with various APIs and allowing users to interact with one another.

    The Reviewer
     
    1-10 Employees
     
    Barbaros
    Co-Founder, Energy Company
     
    Verified
    The Review
    Feedback summary: 

    EDENLAB was amicable and professional, putting together a team of talented developers who built exactly what was expected. They were communicative and organized, meeting deadlines when external factors weren’t a problem. Their strong work ethic made them a reliable partner.

    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 co-founder of a renewable energy company.

    OPPORTUNITY / CHALLENGE

    What challenge were you trying to address with EDENLAB?

    We needed a partner to manage our software development. Specifically, we needed someone to build a platform dashboard to enable our users to log into our system and buy or sell the energy from their renewable energy assets through a peer-to-peer (P2P) energy exchange.

    SOLUTION

    What was the scope of their involvement?

    Together, we came up with a roadmap for our project and plan for onboarding new dev resources. EDENLAB built the entire exchange system, including the different compartments to generate the accounts, cold storage, and hot wallets. They also enabled the integration of mining facilities. Our clients’ assets are linked to the P2P energy exchange through APIs, which allow clients to log in and become a member of our cooperative. From there, they can then upload the energy from their battery discharge and directly sell it to other users. As of now, EDENLAB has built our minimum viable product (MVP), and we have plans to do more work together in the near future.

    What is the team composition?

    We worked with four developers and two project managers, but there were more team members in the background.

    How did you come to work with EDENLAB?

    Our CEO met one of their representatives at a conference.

    How much have you invested with them?

    We’ve spent about $160,000 so far but plan to spend more.

    What is the status of this engagement?

    We worked together form November 2018–April 2019.

    RESULTS & FEEDBACK

    What evidence can you share that demonstrates the impact of the engagement?

    They developed a functioning MVP that met our standards.

    How did EDENLAB perform from a project management standpoint?

    They met all of their deadlines except when external APIs had issues, which wasn’t their fault. We mainly communicated via Slack and managed the project through Azure.

    What did you find most impressive about them?

    They’re extremely efficient and created a clear roadmap that outlined our project milestones. The team was friendly and worked hard to resolve our concerns, consistently looking for ways to improve. I was pleased with their work ethic and ability to meet our expectations. They were able to find competent developers who delivered exactly what we needed.

    Are there any areas they could improve?

    We had some problems with the language barrier, but it wasn’t too serious.

    4.5
    Overall Score We weren’t able to utilize all their resources, but they were professional, efficient, and flexible.
    • 4.5 Scheduling
      ON TIME / DEADLINES
      They didn't meet all our deadlines.
    • 4.0 Cost
      Value / within estimates
    • 5.0 Quality
      Service & deliverables
    • 5.0 NPS
      Willing to refer
      I'd definitely recommend them.

    Blockchain Messaging App for Mobile Payment Firm

    "They’ve been instrumental in helping us create our business." 

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    5.0

    Quality: 
    5.0
    Schedule: 
    5.0
    Cost: 
    5.0
    Willing to refer: 
    4.5
    The Project
     
    $10,000 to $49,999
     
    Oct. 2017 - Apr. 2018
    Project summary: 

    EDENLAB worked on a content ad messaging system, developing both viewer- and producer-side solutions such as iOS and Android apps and a web app. They also introduced push notifications and Ethereum tools.

    The Reviewer
     
    11-50 Employees
     
    Lithuania
    Ernestas Petkevicius
    CEO, Vertex
     
    Verified
    The Review
    Feedback summary: 

    The decentralized, A2P messaging solution built by EDENLAB has become a valuable part of an expanding business foundation. EDENLAB shepherded the project smoothly and provided regular communication. They also displayed vision and drive, transforming a single idea into a fully realized product.

    The client submitted this review online.

    BACKGROUND

    Please describe your company and your position there.

    I’m the CEO of Vertex, a mobile payment and investment company.

    OPPORTUNITY / CHALLENGE

    For what projects/services did your company hire EDENLAB?

    We needed someone to research and consult on blockchain technologies that might be applicable to our solution, as well as contribute to our proof of concept by developing our MVP’s architecture.

    What were your goals for this project?

    We wanted to create an environment where companies could reach out and engage with their customers via media messages and special incentives.

    SOLUTION

    How did you select this vendor?

    They found us through an ICO listing and reached out to propose their capabilities. We chose EdenLab from among other possible vendors because of their vast experience in enterprise-level, blockchain app design and implementation. Their team was also skilled in several blockchain technologies that we were considering for our solution.

    Can you go into detail about the services they provided and the scope of the project?

    They helped us develop a decentralized, application-to-person (A2P) messaging system that shares content ads between providers and viewers. The ad viewer (client) side of the solution consists of both iOS and Android mobile apps, while content providers interact with a web browser-based application. There’s also backend microservices that enable viewer-to-provider communication, push notifications, and Ethereum services.

    What was the team composition?

    We worked with a three-person team that included a product owner, a blockchain team lead, and a business analyst.

    RESULTS & FEEDBACK

    Can you share any information that demonstrates the impact that this project has had on your business?

    They’ve been instrumental in helping us create our business.

    How was project management arranged and how effective was it?

    We had one or two calls every week to ensure that our processes remained effective. They replied quickly, and we had flawless communication, which was helped by us working in the same time zone.

    What did you find most impressive about this company?

    EdenLab is a professional team with the capabilities we were looking for. They’re capable of developing extremely complicated, distributed solutions and are able to suggest the best technologies and approaches. They can also design a product given nothing more than a business idea, which differentiates them from a large number of software providers.

    Are there any areas where they can improve?

    There’s nothing specific, as I would recommend them to anyone.

    5.0
    Overall Score
    • 5.0 Scheduling
      ON TIME / DEADLINES
    • 5.0 Cost
      Value / within estimates
    • 5.0 Quality
      Service & deliverables
    • 4.5 NPS
      Willing to refer

    Database Development for Ministry of Health

    "They believe in this project and they are personally involved with it."

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    5.0

    Quality: 
    4.5
    Schedule: 
    5.0
    Cost: 
    5.0
    Willing to refer: 
    5.0
    The Project
     
    $200,000 to $999,999
     
    Mar. 2017 - Ongoing
    Project summary: 

    Edenlab builds registries for medical staff, patients, and medical declarations in order to develop a state reimbursement program. They provide back-end infrastructure and API integration.

    The Reviewer
     
    11-50 Employees
     
    Kyiv, Ukraine
    Yuriy Bugay
    Project Lead, Transparency International Ukraine
     
    Verified
    The Review
    Feedback summary: 

    Although the project is not complete, Edenlab's work has showed a high level of quality and functionality. The agency communicates regularly, keeps the project meticulously organized, and asks questions to determine the best solution. Their committed enthusiasm makes them an invaluable resource.

    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 am a team lead for development of eHealth in Ukraine. We are working for the Ministry of Health. We are currently responsible for the development of an eHealth product for the country.

    OPPORTUNITY / CHALLENGE

    What challenge were you trying to address with Edenlab?

    We are developing the information system for the financial reform of the Ministry of Health. The Ministry of Health is planning on changing the way practitioners are financed from the state budget. Our main problem is we need to make sure that the population is accurate and we don’t over calculate individuals. This is why we need to have an instrument that can help address the possible risks. Our short-term goal is to have a verified report for the National Health Service so we are sure that there no duplications of patients and the state pays only once for each individual. 

    SOLUTION

    What was the scope of their involvement?

    The current business process is to cover such things as registration of medical facilities. We need to establish a registry of medical staff. That would allow us to see which medical facilities are operating in Ukraine, which ones have joined the government program and the medical staff who work at these medical facilities.

    In Ukraine, we don’t have a unique number that covers people from birth to death, like a Social Security number does in the United States. We do have identification numbers, but there is no unique identifier. Certain instruments developed in Edenlab are establishing this registry of patients. It will also establish a registry of declarations signed between the doctor and a patient. After those steps, we’ll develop functionality for the reimbursement program of the Ministry of Health.

    What’s unique about this project is that we are not building it in one solution. We are developing a system where we have a central component.  This central component interfaces with independent medical information systems and incorporates the work with the central database via API. Edenlab did a lot to develop this central component, which via the API connects the infrastructure and the medical information systems and incorporates data to the center.

    What is the team dynamic?

    We had a team of 16 people, including a project manager, working on their side. With government projects, especially in Ukraine, you have an incredible level of uncertainty with very strict deadlines and short windows of opportunities. The dynamic is constantly changing.

    How much have you invested with them?

    We’ve invested around $500,000 with Edenlab.

    What is the status of this engagement?

    Overall, it’s been quite a wide-scale project. We met with them in March, and in April, we have presented a demo version, and then they kicked off the project in June.

    We’ve started piloting in the registration of medical facilities, and it’s already happening in Ukraine and more than 200 medical facilities have been registered in the system. We’re still working with Edenlab, and in two weeks, we’ll be ready to start the pilot of the project at the national level.

    RESULTS & FEEDBACK

    What evidence can you share that demonstrates the impact of the engagement?

    We just kicked it off, so we can't measure the quality yet, but we haven't had that many bugs from them so far. We’ve been impressed with their work overall.

    How did Edenlab perform from a project management standpoint?

    In addition to e-mail and phone calls, we use Slack constantly. We did have some small delays, but those delays were from our side.

    What did you find most impressive about them?

    Their involvement and passion. I have previous experience working with various developers, and Edenlab is a good example of a boutique company. We are not just a regular project that comes and goes. They believe in this project and they are personally involved with it. It’s an important project for us, and when you're doing these kinds of reforms at the national level, it’s important to have people who believe in these things. Edenlab is also quite organized and well-structured in their work.

    At times but we might need some extra effort in convincing them that we want to go one way or another, but that’s a good thing for us because they do question and challenge us. We don't just go to them and have them do what we demand, which is what usually happens with big outsourcing companies. Sometimes it’s a challenge for us to work with this kind of an approach, but with Edenlab it does lead to good results.

    Are there any areas they could improve?

    They might need to work a bit on the testing side, maybe some testing on their DevOps side, but I can't think of anything big worth mentioning.

    5.0
    Overall Score
    • 5.0 Scheduling
      ON TIME / DEADLINES
      Because as I said, they had extremely strict deadlines. If we are having delays, they are really small and mainly on our side, not theirs.
    • 5.0 Cost
      Value / within estimates
    • 4.5 Quality
      Service & deliverables
      From the point of technology, everything was fine. 
    • 5.0 NPS
      Willing to refer
      I’ve already done it a couple of times.