Cryptocurrencies and software development

Understand how and what systems can revolutionize the digital financial market

Cryptocurrencies gained strength and popularity mainly in the year 2015, which continues until today, with growth and launches every day. If the word “cryptocurrency” is placed in Google’s search bar, almost 600,000 results are found.

The world has been changing to adapt to this new reality, that of digital coins. But after all, what are cryptocurrencies? Why is it necessary to develop specific software for these assets? Digital coins are a medium of exchange, just like fiat coins. The big difference is that the cryptocurrencies are decentralized. That is, they are on the network, and use cryptography to stay safe.

The system of encrypted currencies can be compared to the serial numbers, stripes and other security systems of the printed banknotes, which prevent them from being falsified. In the case of cryptocurrencies, security revolves around codes that are complicated to crack.

But even these codes are complicated, there are already activities aimed at “breaking them”. The activity is called mining and is one of the ways investors make money with the cryptos. By means of keys called Hash, the codes can be decoded. With every new open source, new miners are rewarded.

For those who do not wish to “mine” cryptocurrencies, they can opt for the trade. This activity consists of intelligent trading of digital assets. That is, buy a currency at a low value, and sell it for a higher value, so the market will value it. Several factors can change the values of cryptocurrencies today, so to carry out trade you need some characteristics: a lot of free time, advanced knowledge about the subject and total dedication to investments.

For all these activities with cryptocurrencies to work in the best way, there must be websites, softwares, virtual offices, digital wallets, mining machines, among other resources for everything to happen. Because the cryptocurrencies market is still a fairly new technology, these systems did not yet exist. And every time a company has a new idea, new software needs to be created. This is why Intergalaxy Softwares Digitais works for, to develop the systems our customers need.

The market is in transformation and ideas are emerging. Therefore, it is important to have a company with technical knowledge and also interpersonal. Our negotiations go far beyond turning a project into codes, websites, software or applications. The goal of Intergalaxy is to put the whole system working in a communicative way and mainly, active in the market.

Many cryptocurrencies are created every day, and are called ICOs. But for these digital coins really to exist in the market, it is necessary a work of development and creation of brand, identity and necessity of this new product. ICOs are just one example of a project developed from start to finish by Intergalaxy.

To know more about our work, visit www.intergalaxy.io.