Ghostlab Inc.
$48,900.00 CAD
- Department
- National Research Council Canada
- Recipient country
- Canada
- Fiscal year
- 2021-2022
- Agreement period
- May 8, 2021 – February 28, 2022
- Reference
- nrc-cnrc:172-2021-2022-Q1-971607
Published purpose
Transaction batching is a solution relied on by many large digital currency exchanges to save significant costs on transaction fees during user withdrawals. This solution is applied less commonly and less elegantly on digital currency ATM software due to challenges caused by the nature of the transactions. This project intends to use extensive data analysis to create highly configurable and optimized batching functionality to improve operator efficiency while maintaining end-user experience. This functionality would significantly increase the economics of the ATM software and has potential to be spun out into a separate product altogether via API integration for exchange, brokerages, and custodians.
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