dxHedge

Blockchain Application

dxHedge the Blockchain hedging application of the future

Imagine being able to control your company’s FX exposure even when it comes to complicated transactions, local market translations, and economic effects. By creating an internal coin, you are in full control of the FX value for each of your company’s markets, creating fee-free intercompany transactions by removing the need to constantly convert into local currency by using a common invoicing coin, with annualised savings of around 20%.

Mitigate risk by taking a proactive approach to exchange rate fluctuations, allowing intercompany counterparties to extract local currency through the treasury as and when it pleases you. And automate counterparty payments through self-executing smart contracts that can be linked to any form of metrics from internal KPIs to NPS.

How we did it:

  • Fully GDPR compliant Amazon Alexa and Google Assistant voice bot with multi-user admin area and customer account area
  • Completely serverless using serverless.com framework with CloudFormation
  • Encryption in transit and at rest
  • Automated CD with Github and CircleCI
  • Managed services ensured full logging through CloudWatch and GuardDuty compliance
  • VPC with networking
  • Secured IAM roles for granular functional permissions