DGT – digital data management platform
DGT is an advanced data platform for the seamless exchange of smart data in complex business environments.
The customer was a small, but a truly innovative Canadian startup with a big idea. While the decentralized technology space was filled with companies aiming to make a quick dime on ICOs and cryptocurrencies, the two founders of DGT Network toiled hard at their technology, aiming to bring together enterprises into seamless, data sharing ecosystems, which would lower costs across many industries and bring the Canadian economy into the future.
They worked tirelessly and ensured that the network was a technological marvel, substantiated by independent reviews and deep mathematical models. It could bring together organizations, new sources of information, clients, into seamless, scalable business ecosystems. However, a giant leap was required to take their theoretical advantages into the practical application. They wanted a partner, who would take care to implement the technology with the same spirit of innovation, effectiveness, and precision, as was present throughout all of their hard work.
The market worked against them. DGT Network looked for developers, but the field of decentralized ledgers was so new, and their innovation newer still, that it was impossible to find the specialists they needed. They found teams producing copies of existing solutions, companies with talented, but unspecialized developers, unreasonably expensive companies.
All the while, they were looking for a partner who could implement their vision with precision, since every complicated part of it had to come together for the network to operate correctly. That included their unique consensus model, their unparalleled ledger storage system, their unrivaled security measures, and all within a timeline and a budget that a startup could afford.
The customer discovered us almost accidentally, through a distant acquaintance of the founder. Realizing the importance of the vision, we formed a unique bond with the client. We worked closely, through documents and technical specifications, through interviews and phone calls, to ensure that we can build the best network possible. We gave a dedicated team of developers and analysts, who also filled some gaps in the technology that our client had left out. We built an agile, iterative development process and continued to work closely throughout each successive version.
Together with the client, we released three full versions of the product, each met with academic acclaim and success on the larger markets. The most vivid victory was after our first release, when the customer managed to sign their first pilot with a major enterprise, elevating them from pre-revenue to the growth stage. While there were many parts to that exact event, a crucial role was played by a technological addition suggested by our star developer, which managed to convince the enterprise of the security and anonymity that the network could provide. After that pilot, our customer’s business has continued to expand and to this day, our companies are in a fruitful and a productive relationship, currently working on the fourth release.