BuenoPR – 360° Approach to Health

In the year 2021, health is a topic that is discussed more than others. And people are navigating this challenging domain more and more. 

In the year 2021, health is a topic that is discussed more than others. And people are navigating this challenging domain more and more. 

The App Solutions was always ahead of the curve, with its healthcare projects, both R&D and users facing ones. So it was only a matter of time when we would implement all our knowledge and expertise and encompass it in one app, one that has all the health tracking functions needed and leverage cutting edge technologies, at the same time. BuenoPR became this app.

BuenoPR Project Description

Bueno is the app that gathers all health-related information in one place. On the one hand, it is made to provide patients with comprehensive knowledge about their conditions, prescriptions, and lab results, with the ability to contact their practitioner or care team anytime via chat. On the other hand, Bueno provides up-to-date information about the state of the patient’s insurance, including individual deductible and benefits highlights.

pr-bueno-prototypes

How does Bueno make a difference in this niche? 

  • Preventive medicine powered by AI

Bueno leverages machine learning to analyze all the health data from its user’s EHR to ensure the preventive care they need. Then, powered by Orb Health, the app provides the analyzed data to the care team to make suggestions to patients regarding time to do a check-up, make lab tests or pay attention to particular symptoms. 

  • All the info about user’s condition in their pocket

Integration with Mayo clinic helps to provide users with comprehensive and 100% science-based information on their conditions. It also serves educational purposes with articles on different organs and systems in the body, and lab tests. 

  • Tracking down all the metrics from one app

Users can track all life-important metrics such as height, weight, activity, blood glucose, and others, all in one place. The app supports both manual entry of these measurements and receiving info from the doctor’s office. It also has integration with Validic so that the data can be pulled from health devices.

  • Virtual care 

The app provides a 24/7 possibility to contact the care team, including the user’s practitioner and trained nurses who can answer any bothering questions at any time, help with understanding a care plan, and schedule the next visit to the doctor’s office.

  • Gamification 

The app presents a system of goals and badges to keep people engaged while improving their health. Achievements are given both for regular app usage, including its functions and reaching personal health goals (e.g., steps count).

  • Insurance insights

Using integration with Change Healthcare, we can provide information on the health of our users and let them track how it affects their Health insurance. In addition, it allows total transparency and zero worries when it comes to expenses. 

The main goals of BuenoPR are the following:

  • Provide users with comprehensive insights into their health using their Electronic Health Record (EHR) data processed by AI
  • Ensure 24/7 health support
  • Reduce stress to a minimum with transparent info, excellent UX and gamification techniques 
bueno-app

This combination of functions makes the app unique on the market.  

Project technical specification

The main product is a mobile application for patients. Its features include: 

  • 360° overview of patient’s health (metrics that are collected from the devices, doctor’s office and manually logged, social activity, allergies, medications, health challenges) 
  • Chat with the care team (doctor and nurses)
  • Knowledge base with all the info on the body, lab tests, and conditions
  • Lab results
  • Care activities prescribed by the doctor
  • Insurance information
  • Notification system
  • Achievements

The other elements of the service include:

  • Subscription website – to submit registration forms and subsequently, for subscription management; 
  • Admin Dashboard contains the following features: 
  • General application activity overview; 
  • In-app analytics;
  • User management
  • Customer support operations.
bueno-app-development

Key Solutions

Orb Health

Orb helps connect Bueno to the doctor’s office and ensures users only see the most up-to-date information on their conditions. At the same time, Orb is the primary source of info in the app, including raw data from the EHR and results of AI processing. Its predictive algorithm is used to detect negative health trends and alert nurses about at-risk patients.     

For Bueno users, this means that their care team knows exactly when to reach out to schedule a doctor’s appointment or do a necessary lab test. Statistics show that this approach prevents 2 out of 3 visits to ER. 

Validic 

Validic provides one API connection to access data from the best mHealth apps and devices. Since it covers most of the popular devices, our users don’t have to worry about not connecting their particular one to our app. This was one of the main problems we discovered in the competitor’s apps during the inception phase. 

Change HealthCare

Since our solution has provided clinical information and insurance info, we needed to connect a third-party solution that would collect data from insurance providers on the user-specific data about their plans. Change really helped us to ensure complete transparency regarding health expenses to our users.

Mayo Clinic

One of the problems we aimed to solve in the Bueno app was the lack of correct patient information. So often, people tend to rely on posts on the internet, leading to a lack of professional help and even usage of harmful practices. So, instead of searching health-related info on Google, we wanted them to have all the relevant information that would be 100% science-based and backed up by research all in one place. The Mayo Clinic integration serves this aim perfectly, providing articles based on research and 150 years of medical practice.

Want To Build a Healthcare Mobile App?

Download Free Ebook

Firebase integration

You can’t go far without proper data analytics. An understanding of the state of things regarding the application, the way customers are using it, and how efficiently it operates, hangs on through-and-through analytics. 

The app needed a practical and accessible mobile analytics solution to gain insights regarding application use and user engagement.

We have used Firebase because of its ease of use and flexibility. With its help, the company can see what is going on in the application and react appropriately.

It is also used as a platform for push notifications delivery. 

bueno

Data security and HIPAA

Data security is one of the significant challenges that come with developing any application that deals with sensitive data. And with health apps, it becomes even more important. 

A Step-by-step Guide on HIPAA Compliance

The main requirement was HIPAA compliance which is usually identified with foundations secured by the law:

  • Emergency clinics.
  • Corporate medicinal services associations.
  • Research establishments.
  • Insurance agencies that manage patients and their data.

However, since HIPAA PHI security necessity likewise applies to partners of these offices, it was extremely important to follow these guidelines for user data management, transparent data use, and guaranteeing the safety of data. 

The following solutions were used to provide appropriate data security measures:

  • HTTPS, TLS, SSH for data-in-transit encryption; 
  • Activity Logging + Access Management;
  • Handling all the secure data on the backend;
  • Making sure all the third-party solutions are HIPAA compliant;
  • Limited access to the production database at the network level.

Calmerry Online Therapy Platform

Healthcare App Development 

A White Label Telemedicine Platform

Tech Stack

  • Subscription website – JavaScript/С# 
  • Patient Apps – Swift, Kotlin
  • Devices connectivity – Validic 
  • Analytics and Notifications – Firebase 
pr-bueno-ui-ux

Personnel

  • Project Manager
  • Business Analyst
  • 2 QA engineers
  • 2 iOS developers
  • 2 Android Developers

Conclusion

BuenoPR is an absolutely unique app and another great case in the large portfolio of our healthcare projects. It provides all the necessary data for users about their health, and connects them with their care team, but it also uses cutting-edge technology to prevent conditions and complications. 

For our company, it was a great experience, applying all our expertise both in the Native mobile development and healthcare domains to create an app that would save people’s lives.

Using the Agile approach, and receiving quality feedback from users, each iteration really helped us deliver a product that would be useful, rich in functionality, and extremely easy to navigate.

 

BuenoPR Project Description

Bueno is the app that gathers all health-related information in one place. On the one hand, it is made to provide patients with comprehensive knowledge about their conditions, prescriptions, and lab results, with the ability to contact their practitioner or care team anytime via chat. On the other hand, Bueno provides up-to-date information about the state of the patient’s insurance, including individual deductible and benefits highlights.

pr-bueno-prototypes

How does Bueno make a difference in this niche? 

  • Preventive medicine powered by AI

Bueno leverages machine learning to analyze all the health data from its user’s EHR to ensure the preventive care they need. Then, powered by Orb Health, the app provides the analyzed data to the care team to make suggestions to patients regarding time to do a check-up, make lab tests or pay attention to particular symptoms. 

  • All the info about user’s condition in their pocket

Integration with Mayo clinic helps to provide users with comprehensive and 100% science-based information on their conditions. It also serves educational purposes with articles on different organs and systems in the body, and lab tests. 

  • Tracking down all the metrics from one app

Users can track all life-important metrics such as height, weight, activity, blood glucose, and others, all in one place. The app supports both manual entry of these measurements and receiving info from the doctor’s office. It also has integration with Validic so that the data can be pulled from health devices.

  • Virtual care 

The app provides a 24/7 possibility to contact the care team, including the user’s practitioner and trained nurses who can answer any bothering questions at any time, help with understanding a care plan, and schedule the next visit to the doctor’s office.

  • Gamification 

The app presents a system of goals and badges to keep people engaged while improving their health. Achievements are given both for regular app usage, including its functions and reaching personal health goals (e.g., steps count).

  • Insurance insights

Using integration with Change Healthcare, we can provide information on the health of our users and let them track how it affects their Health insurance. In addition, it allows total transparency and zero worries when it comes to expenses. 

The main goals of BuenoPR are the following:

  • Provide users with comprehensive insights into their health using their Electronic Health Record (EHR) data processed by AI
  • Ensure 24/7 health support
  • Reduce stress to a minimum with transparent info, excellent UX and gamification techniques 
bueno-app

This combination of functions makes the app unique on the market.  

Project technical specification

The main product is a mobile application for patients. Its features include: 

  • 360° overview of patient’s health (metrics that are collected from the devices, doctor’s office and manually logged, social activity, allergies, medications, health challenges) 
  • Chat with the care team (doctor and nurses)
  • Knowledge base with all the info on the body, lab tests, and conditions
  • Lab results
  • Care activities prescribed by the doctor
  • Insurance information
  • Notification system
  • Achievements

The other elements of the service include:

  • Subscription website – to submit registration forms and subsequently, for subscription management; 
  • Admin Dashboard contains the following features: 
  • General application activity overview; 
  • In-app analytics;
  • User management
  • Customer support operations.
bueno-app-development

Key Solutions

Orb Health

Orb helps connect Bueno to the doctor’s office and ensures users only see the most up-to-date information on their conditions. At the same time, Orb is the primary source of info in the app, including raw data from the EHR and results of AI processing. Its predictive algorithm is used to detect negative health trends and alert nurses about at-risk patients.     

For Bueno users, this means that their care team knows exactly when to reach out to schedule a doctor’s appointment or do a necessary lab test. Statistics show that this approach prevents 2 out of 3 visits to ER. 

Validic 

Validic provides one API connection to access data from the best mHealth apps and devices. Since it covers most of the popular devices, our users don’t have to worry about not connecting their particular one to our app. This was one of the main problems we discovered in the competitor’s apps during the inception phase. 

Change HealthCare

Since our solution has provided clinical information and insurance info, we needed to connect a third-party solution that would collect data from insurance providers on the user-specific data about their plans. Change really helped us to ensure complete transparency regarding health expenses to our users.

Mayo Clinic

One of the problems we aimed to solve in the Bueno app was the lack of correct patient information. So often, people tend to rely on posts on the internet, leading to a lack of professional help and even usage of harmful practices. So, instead of searching health-related info on Google, we wanted them to have all the relevant information that would be 100% science-based and backed up by research all in one place. The Mayo Clinic integration serves this aim perfectly, providing articles based on research and 150 years of medical practice.

Want To Build a Healthcare Mobile App?

Download Free Ebook

Firebase integration

You can’t go far without proper data analytics. An understanding of the state of things regarding the application, the way customers are using it, and how efficiently it operates, hangs on through-and-through analytics. 

The app needed a practical and accessible mobile analytics solution to gain insights regarding application use and user engagement.

We have used Firebase because of its ease of use and flexibility. With its help, the company can see what is going on in the application and react appropriately.

It is also used as a platform for push notifications delivery. 

bueno

Data security and HIPAA

Data security is one of the significant challenges that come with developing any application that deals with sensitive data. And with health apps, it becomes even more important. 

A Step-by-step Guide on HIPAA Compliance

The main requirement was HIPAA compliance which is usually identified with foundations secured by the law:

  • Emergency clinics.
  • Corporate medicinal services associations.
  • Research establishments.
  • Insurance agencies that manage patients and their data.

However, since HIPAA PHI security necessity likewise applies to partners of these offices, it was extremely important to follow these guidelines for user data management, transparent data use, and guaranteeing the safety of data. 

The following solutions were used to provide appropriate data security measures:

  • HTTPS, TLS, SSH for data-in-transit encryption; 
  • Activity Logging + Access Management;
  • Handling all the secure data on the backend;
  • Making sure all the third-party solutions are HIPAA compliant;
  • Limited access to the production database at the network level.

Calmerry Online Therapy Platform

Healthcare App Development 

A White Label Telemedicine Platform

Tech Stack

  • Subscription website – JavaScript/С# 
  • Patient Apps – Swift, Kotlin
  • Devices connectivity – Validic 
  • Analytics and Notifications – Firebase 
pr-bueno-ui-ux

Personnel

  • Project Manager
  • Business Analyst
  • 2 QA engineers
  • 2 iOS developers
  • 2 Android Developers

Conclusion

BuenoPR is an absolutely unique app and another great case in the large portfolio of our healthcare projects. It provides all the necessary data for users about their health, and connects them with their care team, but it also uses cutting-edge technology to prevent conditions and complications. 

For our company, it was a great experience, applying all our expertise both in the Native mobile development and healthcare domains to create an app that would save people’s lives.

Using the Agile approach, and receiving quality feedback from users, each iteration really helped us deliver a product that would be useful, rich in functionality, and extremely easy to navigate.

 

Orb Health – Сare Management as a Virtual Service

Our company had the chance to work on such an amazing service. In this article, we are going to tell you about it. 

Our company had the chance to work on such an amazing service. In this article, we are going to tell you about it. 

Orb Health project description

Orb Health’s Care Management as a Service enables health centers, systems, hospitals, and unions to scale contact centers and deliver care management programs as a guided service. It simplifies the healthcare journey, maximizes patient outcomes, and enables financial success from fee-for-service to value-based care, without adding staff, apps, or infrastructure. 

Orb Health scales patient access through remote contact centers that seamlessly deliver care management as an EMR-connected, data-driven virtual service. We rapidly enable unparalleled clinical patient outcomes and satisfaction while transforming the economics of patient service for health systems, FQHC/community health centers, payers, and unions without adding staff, apps, or infrastructure, 

How does Orb Health help customers? 

  • Reduce ER/Hospital Visits 
  • Seamlessly Extend Practice 
  • Expand Critical Services 
  • Provide Interactive Patient Care 
  • Increase Patient Engagement & Satisfaction
  • Keep Patients In-Network 
  • Increase Revenue 
  • Improved HCC Scoring
  • Reduce Patient Leakage

 

What did We Do in the Project?

From obsolete to technology-driven tech stack:

  • Migrate data storage from on-premise to cloud to improve accessibility, security, and cost-efficiency
  • Setting up fault tolerance infrastructure with monitoring, alerting, data backup, data recovering, and autoscaling
  • Implementing automation testing before release to prevent human factor in the production 
  • Actualize technologies to increase maintenance and speed of delivering new features 

Complete redesign and development of a new way of interaction with patient clinical information. Medication, Problems, Allergies, Appointments, Demographics, and much more in a new and easy to navigate format.  

We created a new approach to working with patients in customer practice, maximizing efficiency. This allows navigation between assigned patients, easily keeping up on priority and general que.

A powerful tool aimed to process the Orb Data Base quickly. This allows identifying patients by specific parameters to group them for further treatment.

This cutting edge feature allows creating connections between smart health devices at the patient’s home, gathering, analyzing, and processing data for making peoples’ lives more secure and accountable.

We worked closely with a clinical team to make logging time more manageable and effective – complete redesign legacy Time Tracking with a new and modern look. 

Complete redesign of dashboards, created new metrics, making executive board accountable for every vital indicator.

A new tool aimed to create patient programs. Powerful  enhancements that allow adding programs and campaigns in a couple of clicks.

Want To Build a Healthcare Mobile App?

Download Free Ebook

Project Technical Specification

Universal Patient Engagement Center Experienced, licensed, and certified medical practitioners empowered by Orb Health’s EMR-centric patient intelligence provide care delivery that exceeds expectations. The core functionality of the Orb Health app is:

Mix and match services to meet your various patient population needs without adding resources.

Scalable patient access and high-quality care management empowers a new level of careful attention that keeps patients healthier, more satisfied, and in-network.

Repeatedly proven and independently validated Care Management as a Service drives significant outcomes while lowering costs and increasing revenue.

There are two web applications for internal users: Clinical Site and Program Manager Site.

A Step-by-step Guide on HIPAA Compliance 

Key Solutions

Connecting digital health products to provider systems is fundamental to delivering value, but the industry hasn’t made that easy. Healthcare providers are running dozens of different EHRs with various protocols, which means connecting can be a tangled mess of ad hoc solutions. Product teams who use Redox skip the mess and get every provider’s connection in a single developer-friendly API designed to support their product’s functional needs.

Protect your existing workforce management software and technology investments with off-the-shelf integrations that hook into your current solutions. Out-of-the-box integrations with a CRM system, PBX, ACD, workforce optimization, case management, and other legacy systems reduce time to value and quickly get a contact center up and running.

Power BI is a collection of software services, apps, and connectors that work together to turn your unrelated data sources into coherent, visually immersive, and interactive insights. For example, your data may be an Excel spreadsheet or a collection of cloud-based and on-premises hybrid data warehouses. Power BI lets you easily connect to your data sources, visualize and discover what’s important, and share that with anyone you want. 

Data security is one of the significant challenges of developing any service that deals with sensitive data. Therefore, the first requirement was to be able to store patient data as securely as possible.

BuenoPR – 360° Approach to Health

  • C# .Net 
  • Angular
  • WebAPI 
  • Azure SQL
  • Project Manager
  • Business Analyst
  • Power BI Engineer
  • QA engineer
  • AQA engineer
  • 2 Frontend developers
  • 5 Backend developers
  • Designer
  • DevOps

Calmerry Online Therapy Platform

Healthcare App Development 

A White Label Telemedicine Platform

Conclusion

During the development of this project, we utilized a streamlined, agile workflow. This approach helped us deploy an operating prototype of the system, ahead of the planned date, and dedicate more time to its testing and refinement.

 

Orb Health’s Care Management as a Service enables health centers, systems, hospitals, and unions to scale contact centers and deliver care management programs as a guided service. It simplifies the healthcare journey, maximizes patient outcomes, and enables financial success from fee-for-service to value-based care, without adding staff, apps, or infrastructure. 

Orb Health scales patient access through remote contact centers that seamlessly deliver care management as an EMR-connected, data-driven virtual service. We rapidly enable unparalleled clinical patient outcomes and satisfaction while transforming the economics of patient service for health systems, FQHC/community health centers, payers, and unions without adding staff, apps, or infrastructure, 

How does Orb Health help customers? 

  • Reduce ER/Hospital Visits 
  • Seamlessly Extend Practice 
  • Expand Critical Services 
  • Provide Interactive Patient Care 
  • Increase Patient Engagement & Satisfaction
  • Keep Patients In-Network 
  • Increase Revenue 
  • Improved HCC Scoring
  • Reduce Patient Leakage

 

What did We Do in the Project?

From obsolete to technology-driven tech stack:

  • Migrate data storage from on-premise to cloud to improve accessibility, security, and cost-efficiency
  • Setting up fault tolerance infrastructure with monitoring, alerting, data backup, data recovering, and autoscaling
  • Implementing automation testing before release to prevent human factor in the production 
  • Actualize technologies to increase maintenance and speed of delivering new features 

Complete redesign and development of a new way of interaction with patient clinical information. Medication, Problems, Allergies, Appointments, Demographics, and much more in a new and easy to navigate format.  

Work Listing View

We created a new approach to working with patients in customer practice, maximizing efficiency. This allows navigation between assigned patients, easily keeping up on priority and general que.

A powerful tool aimed to process the Orb Data Base quickly. This allows identifying patients by specific parameters to group them for further treatment.

Integration with Remote Patient Monitoring Vendors

This cutting edge feature allows creating connections between smart health devices at the patient’s home, gathering, analyzing, and processing data for making peoples’ lives more secure and accountable.

We worked closely with a clinical team to make logging time more manageable and effective – complete redesign legacy Time Tracking with a new and modern look. 

Complete redesign of dashboards, created new metrics, making executive board accountable for every vital indicator.

A new tool aimed to create patient programs. Powerful  enhancements that allow adding programs and campaigns in a couple of clicks.

Want To Build a Healthcare Mobile App?

Download Free Ebook

Project Technical Specification

Universal Patient Engagement Center Experienced, licensed, and certified medical practitioners empowered by Orb Health’s EMR-centric patient intelligence provide care delivery that exceeds expectations. The core functionality of the Orb Health app is:

Mix and match services to meet your various patient population needs without adding resources.

Scalable patient access and high-quality care management empowers a new level of careful attention that keeps patients healthier, more satisfied, and in-network.

Repeatedly proven and independently validated Care Management as a Service drives significant outcomes while lowering costs and increasing revenue.

There are two web applications for internal users: Clinical Site and Program Manager Site.

A Step-by-step Guide on HIPAA Compliance 

Key Solutions

Redox integration

Connecting digital health products to provider systems is fundamental to delivering value, but the industry hasn’t made that easy. Healthcare providers are running dozens of different EHRs with various protocols, which means connecting can be a tangled mess of ad hoc solutions. Product teams who use Redox skip the mess and get every provider’s connection in a single developer-friendly API designed to support their product’s functional needs.

Protect your existing workforce management software and technology investments with off-the-shelf integrations that hook into your current solutions. Out-of-the-box integrations with a CRM system, PBX, ACD, workforce optimization, case management, and other legacy systems reduce time to value and quickly get a contact center up and running.

Power BI is a collection of software services, apps, and connectors that work together to turn your unrelated data sources into coherent, visually immersive, and interactive insights. For example, your data may be an Excel spreadsheet or a collection of cloud-based and on-premises hybrid data warehouses. Power BI lets you easily connect to your data sources, visualize and discover what’s important, and share that with anyone you want. 

Data security is one of the significant challenges of developing any service that deals with sensitive data. Therefore, the first requirement was to be able to store patient data as securely as possible.

BuenoPR – 360° Approach to Health

Tech Stack

  • C# .Net 
  • Angular
  • WebAPI 
  • Azure SQL

Personnel

  • Project Manager
  • Business Analyst
  • Power BI Engineer
  • QA engineer
  • AQA engineer
  • 2 Frontend developers
  • 5 Backend developers
  • Designer
  • DevOps

Calmerry Online Therapy Platform

Healthcare App Development 

A White Label Telemedicine Platform

Conclusion

During the development of this project, we utilized a streamlined, agile workflow. This approach helped us deploy an operating prototype of the system, ahead of the planned date, and dedicate more time to its testing and refinement.

 

DeFi development services

Decentralized finance, or DeFi for short, is a technology-based blockchain network, banking services in your pocket without a controlling authority, where you are your banking institution.

The attraction of DeFi lies in personal data security, in the transparency of the process due to the code being open to all, high-interest rates, and the absence of intermediaries. Moreover, the idea seemed so tempting to investors that, as of January 2022, about 92.3 billion dollars have rotated in decentralized finance.

Despite such a considerable amount, the market is still far from oversaturation; moreover, it is beginning its journey. So, if you are planning to get into DeFi development you will definitely not jump on the last step of this locomotive. Still ahead! That is why it is so important to navigate the DeFi development service market to seek services from a trustworthy company.

defi-development-services-defi-ecosystem

What is DeFi development?

DeFi development is a complex process that is somewhat different from classical development due to the specifics of the Web3 area. It has many branches, features, and complexities. Thus, it is impossible to be an expert in absolutely everything. Each development team must be sharpened for a specific set of solutions to achieve the ideal result. Accordingly, hiring a huge staff of people, adapting them, giving them time to work together (and all this for the sake of one project) does not make sense. It is better to outsource professionals who do not have a successful project behind them.

What Is DeFi? The Basics Of Decentralized Finance

The general DeFi development mechanism looks something like this…

decentralized-finance-token-development-cycle

As with any software, we first need to decide what we build. Who is our target audience? What are their needs? Then you need to prioritize features under ROI expectations correctly.

Design should be considered when developing DeFi scalability. The user interface must remain flexible enough to support additional features that will be added to the application over time. In general, not all applications for Web3 now look as attractive as they could. Presently, this step is a weak link that needs to be eliminated.

More often than not, it’s best to work agile at the moment, as flexibility is critical, especially in crypto and blockchain projects where so many things come up every month.

Maintaining the protocol means releasing updates with new features and fixing bugs. However, if the front end can be easily updated without problems, how do we update the back end in the blockchain system? To do this, you need to continue cooperating with the team involved in the development.

decentralized-finance-development-vs-traditional-finance

What is a DeFi Service?

Let’s talk in more detail about the services whose development is most promising at the moment.

How To Make A Personal Finance App

Smart contacts in the field of DeFi are a vital technology that needs to be developed with the utmost seriousness. Literate programming solves many problems, including accuracy, speed, scalability, reliability, security, transparency, easy exchange and access, and much more.

What Is A Dapp? Understanding Decentralized Applications

Decentralized applications are taking over more and more areas from the NFT market to gaming, from Communication to Healthcare. But by far, most dApps exist in the decentralized finance space. As of 2021, investments in the market amounted to $40 million. Of course, such popularity is associated with a good level of privacy and the complexity of hacking. However, as practice shows, “craftsmen” are still there. This suggests that there is no limit to perfection, and whoever creates an almost perfect application in terms of security will quickly earn popularity.

In addition, at the moment, due to the relatively small number of users who use dApps, UI/UX design issues are not at the highest level compared to the apps we are used to. So in this regard, too, there is room for improvement.

How Does Blockchain Amplify Adtech Industry

A decentralized currency exchange (DEX) is a promising project due to the absence of intermediaries. DEX allows blockchain, a distributed ledger, to act as a third party. The underlying cryptocurrency technology eliminates single points of failure by moving critical transactions to the blockchain, allowing consumers to retain ownership of their assets and enabling more secure and transparent trading. The DEX uses smart contracts to execute market transactions by distributing transactions across an offline code. However, order fulfillment methods with varying degrees of decentralization are available.

Accordingly, it is very promising to work on developing such projects. However, do not forget that a crypto exchange is a complex system that cannot be created without knowledge of the matter. Therefore, a comprehensive study is needed.

Building a DeFi lending site, followed by native mobile apps once you get real support, is an ingenious strategy, as long as the site scales appropriately for the web and mobile platforms. Keep in mind the powers of the agile methodology, crucial to the project’s success: flexibility, transparency, and speed.

DeFi Wallet differs from the usual in its technological features, where it is not a centralized financial institution that is responsible for the safety of funds but smart contracts. And to create secure and functional smart contracts, good experience with the blockchain is required.

What You’re Paying For Or How Ads.Txt Helps To Fight Adtech Fraud

As a rule, DeFi wallet should include the following options:

  • DUO
  • Face/Touch ID
  • Multi-signature
  • Session logout

DeFi Staking is the storage of funds in a cryptocurrency wallet to ensure the support of all transactions on the blockchain. The more favorable reward terms you offer, the more likely users will deposit their assets into your platform’s liquidity pools. Therefore, the more liquidity a platform provides, the more reliable it looks in users’ eyes. In addition, by delivering staking opportunities, your platform will be able to earn more from transaction fees as there will be more transactions.

The emergence of new staking models and improved staking platforms allows this type of passive income on crypto-assets to attract more and more investors. No wonder the development of the DeFi staking platform is booming.

An attractive idea could be to create your own crypto-bank that works with the help of smart contracts. Thus, any crypto-assets operations become more secure and confidential, and no one will check the credit history. This always attracts a large number of cryptocurrency holders. Therefore, the complex development of such a decentralized financial institution can bring substantial income relatively quickly. The main thing is not to spare investments to turn out to be of high quality.

What Is The Difference Between Web 2.0 Vs. Web 3.0?

This is not the entire list of services somehow related to blockchain technology. The more opportunities open up in the Web3 dimension, the greater the range of DeFi development services becomes, which already penetrates all spheres of our lives.

defi-development-services-offered

Where can I find DeFi Developers?

Since DeFi and the Web3 niche, in general, are only at the beginning of the journey, finding the right company to implement your project as you see it is not so easy. Of course, now hundreds, if not thousands, of outsourcing companies worldwide offer DeFi development services in the field of decentralized fintech, but if you compare them with the number of developers of traditional Web2 software, then there are not so many of them. And the quality of services can also be questionable.

However, hiring a whole pool of developers with specific knowledge and skills can also be costly. Therefore, the best solution is still seen as hiring an outsourcing company that will fulfill all your wishes and even offer the best alternatives where required. We can become a DeFi development company for you – The APP Solutions.

Credits to Depositphotos

What is ERC20 token

The universal Ethereum platform has dramatically simplified the life of developers, making it possible to quickly and easily create more and more new tokens. However, at some point, there were so many of them that it was already possible to get lost in them. This created great inconvenience. Imagine that you have to learn a new language each time to understand the technology and apply it on your platform. Moreover, all these languages ​​are not similar to each other. And there are already hundreds of them, and there are more and more every day. This happened due to the lack of general instructions, so everyone did what they could in their own way.

In 2015, Ethereum introduced a standardization system for tokens to prevent further chaos, which helped to bring them into a more consistent form. This greatly popularized the platform. It is still the most popular platform for creating tokens here, and it does not have to be done from scratch. Figuratively speaking, Ethereum gives you the backbone that you build muscle on.

what-is-erc20-token-implementation

What is ERC20?

ERC or “Ethereum request for comment” is a standard used to create and issue smart contracts on the Ethereum blockchain. And 20 is the identification number of the offer. There are other numbers, but the number 20 is the most popular. These are how the main technical notes and requirements are communicated to the development and user groups. In fact, the Ethereum platform thus significantly helped developers; they do not need to learn a hundred “foreign languages” to work.

This simplifies the task for developers; they can continue their work knowing that each new project will not need to be redone every time a new token is issued.

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What is ERC20 Used for?

Historically, ERC20 has become the technical standard for writing smart contracts on the Ethereum network used to implement tokens. It contains a kind of set of rules by which tokens should be created on the Ethereum platform. We will talk about them a little lower.

As of August 2021, around 442,647 ERC-20-compatible tokens exist on Ethereum’s leading network. This is about half of the Entire ETH Blockchain.

Pros and Cons of ERC20 Tokens

Standardization always leads to order, and order is always good. If everyone were to create their own tokens with their own functionality, it would be a compatibility nightmare. Also, keeping these tokens in wallets and listing them on exchanges would be a hassle. The transmission could have broken contracts and make them vulnerable to hackers.

In addition to convenience, the scalability of the whole direction can be noted among the advantages. If the projects on top of Ethereum are active and interact with each other, this will invariably lead to an increase in the number of projects and users. Although, at the moment, some experts are talking about problems with scalability.

But this system also has certain disadvantages. For example, despite the apparent convenience of creating tokens in the ERC20 format, some other tokens and wallets do not support our format. Thus, you need to use the transfer() function to make a transaction (we’ll talk about it in more detail below). And in such cases, it is not work with flying colors. If the user makes a mistake and selects the wrong function, the token will be stuck inside the contract (the contract does not recognize the transaction). There will be no way to retrieve stuck tokens. Accordingly, even in such an established system, the human factor can lead to the loss of millions.

DEFI DEVELOPMENT SERVICES

how-to-create-ethereum-tokens

How To Create Your Own Ethereum Token

The Internet is literally full of hype articles where authors compete for how much they can create an ERC 20 token? It may take an hour for someone, and someone promises that it can be done in just a couple of minutes. As a result, junk tokens often appear that are not needed by anyone except the egos of their creators. Or even worse, fraudulent tokens.

So is it really that simple? After all, a token is not only a digital certificate but also a whole marketing strategy behind its development.

You can start from these positions:

  • The Token’s Name
  • The Token’s Symbol (usually, it is recommended to use no more than 4 symbols)
  • The Token’s Decimal Places
  • The Number of Tokens in Circulation

Most tokens have 18 decimal places, which means you can have up to 0.00000000000000000001 tokens. When creating an Ethereum token, you need to know what decimal places you need and how they fit into the big picture of your project. However, you can use any other division.

It is very important to come up with a catchy name for your token. So, the ERC20 Shiba Inu token, which was created as a parody of the already legendary Doge, has not only a funny name, but also a powerful marketing strategy. For example, instead of white paper, they have woof paper. The original name, as well as the original token symbol (logo), will immediately attract attention. But under the title, there must also be some far-reaching rational basis.

EOS, for example, remains a popular token based on ERC20, which raised over $185 million in a five-day ICO launch.

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The so-called mandatory standards include such basic functions:

A characteristic that determines how your token will be split. In such a case, you cannot act, for example, as with pizza, cutting it into as many pieces as you want, but only after cooking. Here, the fractions must be determined in advance because the value of your ERC20 token will directly depend on this.

You go to the banking application when you want to know how much money is left on your bank card. The same principle works here (although a different mechanism, taking into account decentralization). Function balanceOf is specifically designed to return the total number of tokens that any given address has. So it actually acts as information about the user. So, if you originally created some tokens and sent them to other addresses, you can use this to check how many tokens you have left.

Why do we need a token that cannot be exchanged with anyone? After verifying that the user has enough tokens to transfer, the owner can use this feature to send tokens to another address. Moreover, transfer tokens act like a typical crypto transaction on other blockchain platforms.

What Is A Dapp? Understanding Decentralized Applications

The next function – transfer but with a nuance. The principle is the same, but it concerns, for example, regular monthly payments. To make it convenient for your token holder to make such payments, you need to take care of the transaction automation function.

The approve function helps to get rid of any fake tokens. Once the contract owner checks the balance, they can approve the contract to collect the money. This assertion function will also check if the number is correct compared to all the tokens. So, it is impossible to fake tokens. If this function finds any differences in the numbers, it will cancel the payment and the smart contract.

The boost function allowance is the most important. In fact, when a contract wants to execute a transaction, it needs to see the balance of the Ethereum smart contract to understand if the user has the minimum balance between doing so. The contract can fulfill the deal or even cancel it using the add-on function.

Steps to develop a token

  1. Code smart contracts
  2. Test The Token
  3. Verify the Source Code
  4. Deploy it on the MainNet
  5. Verify on Etherscan

Ethereum smart contracts are written in Solidity. Although there are alternative languages, hardly anyone uses them for this purpose. However, Solidity is similar to JavaScript, so if you know JavaScript, or even Java and other C-like languages, you should have no problem understanding what a piece of code in Solidity does, even before you actually master Solidity enough to use it.

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Challenges and Alternatives

While ERC20 has received widespread support in the form of new tokens conforming to its standards, many in the developer community feel that ERC20 is limited or deficient for one or more reasons.

ERC20 tokens have been important to the growth of the crypto ecosystem, but they may have been delayed. People are already experimenting with newer standards.

For this reason, several alternative token standards have also been proposed since the development of ERC 20 token. These include ERC223, which aims to address issues with the approval and transmission of ERC20.5 elements.

ERC621 is another alternative that offers the same basic features as ERC20 but also adds the ability to increase or decrease the total number of tokens. ERC827, on the other hand, allows the holder to approve the spending of tokens by a third party. Each of these new protocol proposals builds on ERC20 to some extent.

Change is always slow, and it looks like we need to wait a bit before we can move to other standards. However, let’s not mistake “criminalizing” the ERC20 standard. It certainly deserves respect for the profound impact it has had on the crypto space.

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Is it Free to Create an ERC20 Token?

Let’s start with the fact that even if you make your own token according to someone else’s template, without resorting to the services of developers, in any case, you will not avoid the network fee, which is constantly changing. Still, on average, it is several hundred dollars. Thus, even if your ERC20 token does not have any non-standard functionality, you still have to pay for the “luxury” of its creation and support.

ethereum-developers

How Much does it Cost to Create an ERC20 Token?

The first thing you will hear in response to your question is ‘it depends’. It depends on your goal – whether you want to make a full-fledged product or it will be just a kind of toy that will be abandoned as boring after a couple of months.

The cost of creating an ERC 20 token plays an essential role in developing a crypto token on the Ethereum blockchain. Some of the most critical factors determine the cost of developing an ERC20 token. Such as: 

  1. Type of business
  2. Token features
  3. Token design
  4. Number of ERC20 tokens to be developed
  5. Complexity of the token
  6. Size and location of the ERC20 token developer
  7. Development and testing of the ERC20 token
  8. Distribution
  9. Maintenance

These factors will determine the cost of developing ERC20 tokens. As a result, the range is too big for us to name a specific amount. Therefore, if you have specific, clear ideas about how you will use your token, you can write to us – The APP Solutions – and our sales managers will calculate the project’s cost for you.

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A Guide to Crypto Wallet Development

Almost no one doubts that cryptocurrencies have settled in the global financial space profoundly and permanently. Consequently, a kind of accompanying products that successfully expand this ecosystem is being created to make it easier to use. If there is currency, it means that it must be stored somewhere. That’s how the crypto wallet came about, allowing users to perform cryptocurrency transactions – quickly and securely.

However, no technology can gain enough popularity and spread if it’s too complicated to use. That’s why the decision to create apps for crypto wallets has become quite successful and proven to be practical. In this article, we will explain what crypto wallets are, how they are created, and what you should pay attention to when developing their applications.

What is a Crypto Wallet?

Crypto Wallet is an app that transfers digital transactions or cryptocurrencies between participants in a specific blockchain network and triggers blockchain smart contracts. Its storage functions are the same as those of an e-wallet but apply to cryptocurrencies. It is a piece of software that securely stores cryptocurrencies and keeps track of their transaction records (buying, selling, and crediting). The wallet also serves as an identifier and blockchain account.

A cryptocurrency wallet can be installed on a smartphone, making it as easy as possible. You can store it on your laptop, any browser, or even… in your pocket.

Wallets eliminate intermediaries in transactions. This allows customers to conduct instant operations. With a cryptocurrency wallet, transaction fees are significantly reduced or even disappear. As a consequence, user satisfaction and the intensity of their exchanges increase.

WHAT IS WEB 3.0? INTERNET NEXT ERA BASED ON BLOCKCHAIN

How do Crypto Wallets Work?

A crypto wallet makes transactions by a combination of a public and a private key. The public key is, in fact, your wallet address (roughly speaking, an analog of a bank account.) You can share this address with a financial institution or another counterpart (an individual) without fear. If we continue to appeal to the analogy of the banking system, the private key is something like a pin code to your debit card, that is, the password to the public key.

For your wallet to receive money from the sender, you have to give the recipient a public key – the crypto wallet address. Cryptocurrency is not stored directly in your digital wallet – it stays in the blockchain. Since cryptocurrency has no physical expression, your crypto wallet contains not money but a piece of coded information. And even if you keep a crypto wallet in your hand, the money itself won’t actually reside there. What is it then? Let’s talk about it right now.

crypto-coins-in-mobile-cryptocurrency-wallet

HOW TO MAKE A PERSONAL FINANCE APP

Types of Crypto Wallet

Just like the usual electronic wallets, crypto wallets are divided into variations; depending on  the needs of the holder, they are customized.

A Cold Wallet is a hardware wallet. This variation is suitable for cryptocurrency holders who view it as a long-lived active and do not intend to use it in the near future. Basically, cold wallets are something like flash drives or even paper wallets (sometimes it is considered a separate type) with printed public and private key information on  paper. Sounds a bit strange, doesn’t it? However, crypto-holders have more confidence in this type of storage because it is impossible to “hack” a physical wallet (although you are not secured from “good old” theft or a trivial loss in this case, if you did not take the appropriate measures first).

A Hot Wallet – software-based wallet. This variant is best suited for eager crypto-traders who make transactions almost daily or several times a day. Accordingly, such cryptocurrency wallets are less protected. Hot wallets are divided into subspecies, depending on where they are stored:

  1. Desktop Wallets
  2. Mobile Wallets
  3. Web/Online Wallets

Each of these subspecies has its unique advantages. For example, a desktop wallet is stored on your computer or laptop. This type is pretty safe (except for viruses) but also has some drawbacks (you can’t drag your laptop everywhere.) Examples – Bitcoin Core, Bitcoin Knots, MultiBit, Armory, and Electrum.

Mobile wallets are anonymous, encrypted, inexpensive, and decentralized. Examples are Bitcoin Wallet and Hive Android. In addition, Crypto wallets of this type are the user-friendliest, so they are often downloaded. Thus, 62% of all blockchain storage is for mobile blockchain wallets.

Web wallets facilitate crypto access from any browser, mobile device, etc. They work in the cloud. They are very convenient to use because private keys are stored online. However, sometimes they become vulnerable to hacker attacks because a third party indirectly controls them.

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decentralized-wallet

What is Crypto Wallet Development?

Cryptocurrencies have already proven their resilience. Many financial analysts thought it was a modern trend that would pass quickly, but this did not happen. Instead, Bitcoin emerged back in 2009 and is doing very well. And it has about 18 thousand competitors, both serious and not so serious.

According to Statista, the number of crypto wallets has been growing steadily since 2011. And while at the end of 2016, there were about 11 million, from January 2021 to January 2022 alone, the number grew from 66 million to 81 million.

growth-of-cryptocurrency-wallet-development-company

In total, there are more than 80 wallets in the world. Thus, Ledger Nano S (hardware platform) wallet supported 472 digital currencies. The top most popular crypto wallets now look like this:

popularity-of-cryptocurrency-wallet-development-services

Some of them support several hundred cryptocurrencies, and some – several dozen. Therefore, whether it makes sense to engage in crypto wallet development falls away by itself. By the number of cryptocurrencies and wallets, it is obvious that the market is not yet oversaturated. In addition, more and more businesses are deciding to get personal cryptocurrency wallets, integrating them with payment and other business solutions.

In the first half of 2021, Coinbase had a total revenue of $4 billion. That includes everything from cryptocurrency transactions to wallets. Even a Visa cryptocurrency card is available.

How do I Make a Crypto Wallet?

Most cryptocurrencies, such as Bitcoin or Ethereum, provide their own cryptocurrency wallet, except integration for a trader who wants to invest in multiple cryptocurrencies . Of course, these cryptocurrency wallets are easy to integrate and use for simple tasks. Still, it is also possible to develop your crypto wallet app to implement more complex business logic or functionality.

You can hire The APP Solutions to create a crypto wallet or develop a cryptocurrency wallet application, or an entire digital ecosystem that includes not only crypto assets but also integrated stock buying capabilities, as well as other features inherent to neobank.

cryptocurrency-wallet-developers

Cryptocurrency Wallet Development

It cannot be said that the process of developing crypto wallets is some kind of unique task. Any product needs precise planning, which should be divided into stages.

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Creating a custom wallet has a clear goal, from which further functionality should be guided. Before starting to work, you need to understand the team composition which will deal with the development within a clearly defined time frame, no matter what method of managing processes is used in the team.

According to the needs and the outlined team and timing, a budget is formed, which, moreover, still needs to be properly split into stages. Furthermore, you need to have an additional financial safety cushion, that you can access if necessary, because at any stage there may be various ideas and, as a result, unforeseen costs. Therefore, the MVP is first created, on which additional features are “strung.”

Any cool idea requires an equally cool visualization. A crypto wallet, packed with useful features, will never become popular if its interface is too complicated for a broad audience and risks remaining a limited niche product for specialists. Although, we do not exclude that your target audience can be the latter, they would also like to see a usable product.

DEFI DEVELOPMENT SERVICES

Once the business and technical characteristics of the wallet are understood, the architecture of the wallet application is built and agreed upon with clients. This step defines the communication between the frontend and backend of the wallet, how the wallet is created, how data is stored and retrieved, and how transactions are conducted. The architecture serves as a template for all subsequent stages of development where the backend will provide the link between the frontend and smart contracts.

Some clients prefer to skimp on the part that you can’t avoid. So at this stage, the team eliminates all bugs and glitches found in the application.

The stage where the crypto wallet goes out into the world. The first downloads and natural user experience will show how well the product is built and what can be fixed as quickly as possible.

Crypto wallets are a technology that requires constant support and updates, both for security and to improve existing features. What Is DeFi? The Basics Of Decentralized Finance

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Guide for Crypto Wallet App Development in 2022

After we have discussed the stages of creating the crypto wallet itself, we should mention the mandatory set of features typical for any such application, emphasizing usability and security. Even the brightest and most promising idea of mobile wallet development can fail without understanding blockchain and cloud technologies, without using APIs and standard open-source cryptocurrency libraries and, finally, without correctly matching the technology stack to your specific case.

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  1. Authorization (an indispensable part for the vast majority of applications, and financial applications, it is also a matter of reliability).
  2. Session duration (for security purposes, it’s important for any financial app).
  3. QR Code Scanner (increases speed, convenience, simplicity, and security of transactions in the app, due to automatic scanning of wallet addresses and public keys).
  4. Multicurrency (if your application is not aimed at specific crypto, you’d better add an option to work with several currencies, including fiat, this will significantly expand your target audience).
  5. Integrity (another advantage of your app may be importing a mobile wallet into a more secure paper wallet with the same QR Code).
  6. Push Notifications (messages that notify the user of transaction statuses, exchange rate fluctuations, conversion rate changes, etc.)
  7. Commissions (crypto wallet apps should be able to  constantly calculate floating commissions).
  8. Blockchain (all completed transactions are transferred to the blockchain network and stored there).

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It is commonly believed that blockchain, due to its “crushed” nature, is a much more secure technology than any other from the web 2.0 group. However, blockchain itself doesn’t guarantee that your wallet will be anti-cracked, so there are several securitization aspects that a developer should worry about:

  • Two-factor authentication or, better yet, multi-factor authentication, with a unique pin code or biometric data as the second factor.
  • Wallet backup, which must be stored in several different places.
  • Suppose a company uses a cryptocurrency wallet profile for business purposes and has several authorized users. In this case, each of them will be able to dispose of the cryptocurrency only after everyone else gives their permission.
  • Security updates are the most important element of the ongoing cooperation between the customer and the development team. Since hacking technologies do not stand still, one cannot develop a particular set of security services and just stop there.
mobile-app-development-security

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Output

Like any financial product, a crypto wallet is a complex technology that requires the maximum involvement of professionals with experience, from developers and testers to business analysts and marketers.

Most crypto products that fail rarely get a second chance, at least under the same brand. Find a capable crypto wallet development team that understands user-centric design and blockchain technology in equal measure. At The APP Solutions, you will find understanding, competent people with whom you can indeed find common ground for further fruitful cooperation.

Credits to Depositphotos

Femtech in Healthcare: How to make it effective

As we move forward, the Western world’s medicine becomes more specialized and narrowly focused, adapting to the personal needs of almost every patient. Such an ambitious goal requires new and more advanced technologies.

What is the Meaning of FemTech?

For example, FemTech is responsible for meeting women’s healthcare needs. This term is not new: it appeared back in 2016 when Ida Tin, the CEO of the period-tracking app Clue, came up with the idea of marking the trend of a surge in FemTech startups that provide services at the intersection of technology and women’s health.

Essentially, FemTech is about solving health and other biological needs through technology.

However, FemTech has begun to gain popularity now. The term falls under the  categories of:

  • Products
  • Services
  • Software
  • Apps

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smartphone-app-for-womens-health

The only condition is that they specialize in women’s health (reproductive, menstrual, sexual, pelvic floor, vaginal, oncological, bone, brain, autoimmune, heart, mental health, and even migraines). Recently, FemTech has been looked at even more broadly – as a specialization in any factor that somehow improves a woman’s life.

For example, gender has come to be recognized as a social determinant of mental health in the United States since it is widely known that women suffer from depression about twice as much as men. Physiological diseases also affect women in 80 or even 90% of cases. Also, illnesses that occur differently in women than in men (like osteoporosis). We can discuss specialized care specifically for women’s health in such cases.

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FemTech companies deal with solutions specifically designed to address women’s health issues, not just products that have been rebranded or repositioned. These may include:

  • Wearable tracking devices (bracelets, rings, patches, etc.)
  • Any solutions related to artificial intelligence
  • Applications and non-invasive equipment
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The FemTech Revolution

The surge in FemTech popularity coincided with COVID-19. At that time, both patients and medical institutions themselves were forced to get to grips with digital technologies, even if they had previously made do only with offline services.

According to a study by Medi-Tech Insights, in December 2021, the global femtechnology market was estimated at $22 billion. Over the next five years it will grow by 15%. And a new Global Market Insights research report predicts that the FemTech market value will exceed $48.5 billion by 2025 and $65 billion by 2027. Statista shows even more blushing investment expectations:

fem-digital-health-market-potential

Why Should Femtech Companies Protect Data?

It’s very important to keep data confidential when developing any FemTech solution. Health data is a sensitive topic in itself. But what if a woman’s personal data about her menstrual cycle, sexual activity, contraception, or even abortion were hacked? Such data could be used by states where abortion is illegal to hold a woman legally responsible.

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Note that this is not just a matter of software or app technology vulnerability, but also a breach of the privacy policy. So, the first thing FemTech companies should do is inform users what data they plan to collect and what they intend to do with it.

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The Future of FemTech and Women’s Health in General

The increasing spread of chronic diseases and the growing prevalence of unhealthy lifestyles and diets will increase the burden of disease, thus contributing to the growth of the FemTech industry. In addition, the increasing prevalence of infectious diseases among women in low-income countries due to unsanitary conditions will stimulate business growth.

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Distribution of FemTech companies worldwide in 2022:

femtech-market-represent-by-continents

It’s not unusual for first-world countries to be on the front lines of general health conditions. But it’s not all bad for other continents, either.

The market outlook for FemTech looks promising. Currently, most FemTech companies are focused on fertility, pregnancy, and maternal health, however that scenario should change in the next 5 to 10 years. New and prospective areas such as longevity, menopause, sex technology, and breastfeeding are expected to grow rapidly in the coming years.

CASE STUDIES:

Calmerry Online Therapy Platform

Orb Health – Сare Management As A Virtual Service

BuenoPR – 360° Approach to Health

addressing-diagnostics-challenges

Why is FemTech Important?

Right now, the world’s population is 8 billion people. About 3.9 billion of them are women. Isn’t such a huge target audience the most obvious fact that proves we need specialized women’s health solutions? Unfortunately, not every woman on the planet has access to femtechnologies. Therefore, this may be an additional incentive to develop your FemTech products in the direction of those the digitalization process has not yet reached.

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Promoting FemTech health services:

  • Improves healthcare delivery (e.g., through online appointments, remote surgeries, etc.)
  • Enables better monitoring of one’s health (tracking of various indicators in the body will immediately signal to the woman when something is wrong, which means she will seek help faster)
  • Reduces the problem of gender inequality in technology (it gives an additional opportunity for female engineers and scientists to prove themselves)
  • Solves the stigmatized problems (women no longer have to hide their physiological issues from men, which also allows them to solve problems faster if they arise)
  • Provides culturally sensitive and individualized solutions to more women (LGBT community, black population, low-income segments of society)
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Conclusions

Even though women make up half the global population, and despite the estimated $500 billion annual medical expenses attributed to women, only 4% of all healthcare research and development is targeted at women’s health issues specifically, according to PitchBook.

Perhaps your product can be a go-to tool for a particular group of women from whom you can derive income and the moral satisfaction of grateful feedback.

THE APP SOLUTIONS – CUSTOM HEALTHCARE SOFTWARE DEVELOPMENT COMPANY

If you have some idea or project with a FemTech focus that you would like to pursue, we can help with that. The APP Solutions has significant expertise in healthcare services. This means we can not only implement the project, but also bring it to perfection. We are always aimed at long-term, mutually convenient cooperation in making your product unique and in demand.

Want To Build a Healthcare Mobile App?

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How to build an ecommerce website and make is successful: a step-by-step guide

E-commerce website development is similar to building a house. How many people will live there? How many rooms, bathrooms, and floors does the house need? Maybe you want a swimming pool in your yard? All these decisions will impact the final project’s total cost and time required to finish it. 

The same applies to e-commerce website development. In this case, much depends on your business model, the number and type of products you are going to sell, your budget, and other factors. 

Therefore, if you’re considering establishing an online presence for your existing offline business, or launching a new business online, you need to clarify all the details and be aware of how to develop an e-commerce website. 

In this article, we’ll guide you through the main steps of creating an e-commerce website, core technologies, and online store development costs. This information will help you evaluate your online store’s requirements, shape the project’s vision, estimate your budget, and be on the same page with your e-commerce development team. 

How to build an online store in 5 steps 

Below, you will find more details on how to create an e-commerce website, essential steps to building an e-commerce website, and factors that will impact your decisions along the process. 

Step 1. Choose a business model 

Your business model and monetization strategy will impact your requirements for an e-commerce platform, its functionality, and payment tools. Let’s discover e-commerce business models which are popular among online retailers. 

If you have stock inventory, whether produced by a supplier or made by you, you will apply this classic e-commerce business model. It includes selling your products online and receiving money from customers directly to your bank account. With such a model, you can control the quantity and quality of your stock and ensure timely delivery while building brand awareness among your customers. At the same time, you will also be responsible for purchasing goods, fulfilling orders, shipment, and other management tasks. 

If you don’t have stock inventory, you can still receive money from your online store. For operating an e-commerce website without stock, you can choose among the following business models:  

  • Dropshipping website

Dropshipping is a tactic when you list products from other suppliers on your website’s catalog. Once a customer places an order via your website, you send this order to your supplier who will pack and send ordered products to your buyer. In this case, you perform as a middle man between buyers and suppliers. 

For such services, you can charge a service commission added to the products’ total cost. The advantage of dropshipping is that you don’t spend money on inventory or warehouse. You are also not responsible for packaging orders and shipments. 

The disadvantage is that you cannot build your own brand awareness selling products of other suppliers. Besides this, not all suppliers sell high-quality products. Thus, you need to double-check all your suppliers to ensure they sell high-quality products and pack all products responsibly.

  • Marketplace development

Operating an e-commerce marketplace means you attract sellers to your website who list their products, find buyers, fulfill orders, and receive money via your website. A well-known example of a marketplace is Amazon. 

As a marketplace owner, you can apply a bunch of monetization strategies, including: 

Product listing fees, when you charge buyers for placing their products on your marketplace.

Premium seller profile. Sellers pay fees to receive an option to list more products on your website.

Paid promotions mean promoting particular products and placing them on the top of the search in this category. 

Service fees added to the product cost listed on your website.

Payment fees are charged when a buyer pays for order via your website’s payment gateway.

Ads. You charge other companies for running their cost-per-click, cost-per-mile, or cost-per-lead banner campaigns. 

Step 2. Find a platform 

Your e-commerce project complexity and size will define your e-commerce platform. Now, let’s check the essential e-commerce platforms for building small, medium, and big online stores, operating costs, and pros and cons. 

WooCommerce 

woocommerce online store development

WooCommerce is not an actual platform but an e-commerce plugin for WordPress websites. WordPress is a CMS (content management system) that allows you to create a website, add to it, and manage its content. However, by using the WooCommerce plugin you can still set up and run a basic e-commerce website. Such an online store will have a product catalog, shopping cart, and payment gateway. 

WooCommerce is a perfect choice for running small to medium-sized online stores. Despite the fact that there are even addons that can turn your website into a marketplace, we suggest using a more robust e-commerce platform for such a business model. 

Pros

The best thing about WooCommerce is that it is open source. It means you do not need to pay fees for installing it on your WordPress website. WooCommerce also has free addons and pre-designed templates. But, to make your online store more personalized, you can buy one paid WooCommerce design from Templatemonster or ThemeForest

Cons 

For setting up and running the WooCommerce website, you will need help from developers, unless you have experience with web development and coding. WooCommerce online store development requires buying a domain name, buying and integrating hosting and LLS certificate for secured connection, plugins for wishlists, email marketing, and more advanced user analytics. Even setting a design template will be challenging for non-tech persons. Thus, despite WooCommerce being free, consider additional expenses for initial online store settings. 

Shopify

shopify online store development

Shopify is a SaaS e-commerce platform. This means you receive a pre-built e-commerce website for a monthly subscription. Shopify subscription tiers start from $29 per month for Basic Shopify. At this price you will receive all the necessary functionality for your online retail business: 

  • Unlimited product catalog 
  • 24/7 customer support 
  • Built-in payment gateway 
  • Abandoned cart recovery 
  • Two staff account of you and your online store manager 
  • Manual orders creation

And other features. 

However, to empower your e-commerce website with advanced reporting tools, third-party calculated shipping rates, more staff accounts, or inventory locations, you need to upgrade to Shopify ($79/month), or Advanced Shopify ($299/month). 

Pros 

With a monthly subscription, you will receive a pre-build solution with free SSL, a built-in blog, ready for use. As a user, you need to choose your domain name, add your products, choose the design template, give your bank account details, and that’s all. You are ready to sell products online. 

Besides this, Shopify works excellent for the dropshipping business model. Using add-ons, you can integrate your shop with Oberlo, Spocket, or  Aliexpress, and list products from suppliers in the U.S., Europe, Canada, Asia, Australia, Brazil, and your catalog. 

Cons 

Shopify has its own payment gateway called Shopify Payments. If you want to leverage another payment gateway, like PayPal, you must pay additional payment fees, 2%, 1%, or 0.5%, depending on your Shopify plan. 

The platform offers only nine free design templates. Thus, to develop an online store that suits your brand identity, you need to buy a paid design. Most of the advanced e-commerce plugins to optimize your online sales must also be paid for. To integrate online chat, social media sharing, pop-ups, or a mobile app version of your online store, expect to pay additional costs from $10/month per plugin. 

Magento 

magento online store development

Magento is an excellent platform if you’re considering developing a marketplace, medium, or large-sized online store. The platform has several plans. The Magento CE (Community) version is open-source, so no additional payment is required. This Magento version has an open-source library of online store components your developers can add anytime you need new Magento functionality. Besides this, the free Magento version does not have any technical support. On the other hand, you cannot use it without experience in coding or a web development team. 

Magento also has two paid tiers – Magento EE (Enterprise) from $22,000 per year, and Magento EE Cloud from $2000 per year. 

Pros

Magento is a powerful e-commerce platform that allows you to scale your business from 100  to 10,000 products and handle huge traffic loads without downtime. Besides this, Magento is the perfect option for implementing drop shipping or building a marketplace. Since this platform is trendy, you can easily find and hire a Magento development team for building an e-commerce website. 

Cons

If you expect to spend up to $10,000 on setting up an e-commerce website, you should look for another option, because setting up and running even a free Magento version is expensive. Let’s make some calculations. You need to spend 

  • from $100 to $250 per month on hosting
  • from $29 to $499 on the design template 
  • and from $50 on buying pre-built Magento modules

Besides this, also include the Magento developers’ hourly rate that can be anywhere from $50 to $250 per hour. 

Custom

custom marketplace development

[Custom marketplace layout by The APP Solutions]

If none of the previous options meet your business needs, consider custom ecommerce website development. In this case, you will need to find a web development team, experienced in PHP, HTPM, Angular, and other technologies. The team should also have custom online store development projects in their portfolio. If required, the team will also build a mobile application of your online store for iOS, or Android platforms, 

Pros

When developing a custom online store you receive total control over the design, customer journey, feature list, and integrations with your existing ecosystem. You also receive a custom-build design that matches your brand identity, customers’ needs, and unlimited third-party integrations. In this way, you will provide your customers with a unique shopping experience and provoke the “WOW” effect. 

Cons

The development of an online store from scratch requires both time and money. Thus, expect to pay for custom e-commerce design from $10,000 and $40, 000 on development. 

How long does it take to build a custom e-commerce website? In our experience, such projects require 4 to 5 months. This timeframe covers all stages of e-commerce website development. from writing technical documentation. to testing and bug fixing of all functionality. 

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Step 3. Add UI/UX e-commerce design 

Whether you are going to use a free design template, pay for one, or develop an e-commerce design from scratch, you need to keep in mind the main elements of modern e-commerce design that will be convenient for your shoppers. Here are some of them: 

White space

The era of over-designed online stores disappeared ten years ago. Nowadays, online shoppers expect to use online stores with a clear and concise design. Such a design looks cleaner and does not discharge shoppers from your products. 

ecommerce development homepage design

[Whitespace in Trendeo Home Page, developed by The APP Solutions]

Product categories 

To help shoppers navigate easily on your e-commerce website, you should group products into categories and subcategories. Label each type with a single word that describes this range of products so your shoppers can scan them and understand what products they will find in one or other group.    

E-commerce search and filters 

If your customers can’t find what they want, they will leave your online store. Therefore, you need to help your customers find the products they are looking for within seconds. The most popular option is a keyword search. Also, consider integrating search filters to narrow down search results by size, color, style, price, and other definitions. 

Apart from using standard keyword searches, you can integrate AI e-commerce tools with image recognition and allow shoppers to find products by images. 

ecommerce website development search filters

[Search filters on Trendeo website, developed by the The APP Solutions]

High-quality images with zoom 

The main difference between online and offline shopping is that you cannot touch the products you are wanting to buy. Thus, high-resolution photos are essential to show customers all the details of your products. Moreover, consider using addons that allow shoppers to zoom images to show them exactly what they are buying. We suggest using product images with a white background which helps the product stand out, and also works with almost any style or color scheme.

product page ecommerce development

[Product image on Trendeo website, developed by The APP Solutions]

Product description and sizes 

The product description should inform your customers about which materials the product is made of, its variations, sizes, and other details. You can also put a table of correspondence between clothing sizes and their values/measurements in inches or centimeters. 

Step 4. Add products 

Now it is time to add products to your catalog. If you have up to 100 items to add, you can do this manually. Thus, in the Admin panel, you need to fill in such product details, as: 

  • Product name
  • Category belongs to 
  • Product variations (color, size)
  • Price
  • Description
  • Photo 
  • Product delivery fee
  • Product images 
  • Tags

And other information your e-commerce platform will require. 

In the case of having more than 100 products, you can prepare a CSV file with product details and then import it into your online store via the Admin panel. 

Each e-commerce platform has its own setting and number of required fields for automated product import. Therefore, to import all your products successfully, check out your platform’s Help center. 

For example, here are the steps required to import a CSV file to the Shopify store. 

e-commerce shopify website development

At this stage, also consider that your CSV file may include only text. Thus, you need to upload all product images to your server beforehand. Once all photos are uploaded, you need to add all image URLs to products in the CSV file.  

Step 5. Integrate an online payment gateway

Unless you are going to use the Shopify payment gateway, you need to integrate a payment gateway into your online store. 

We suggest the following trusted payment gateways for simple online stores, dropshipping websites, and two-sided marketplaces: 

PayPal. This payment gateway accepts payments in more than 203 countries and supports all prominent credit cards: Visa, Mastercard, American Express, Citibank, and more. To start dropshipping, you will need a business PayPal account. NOTE that PayPal is not supported in all countries. Its fees per transaction are 5.4% + $0.30.

Stripe. A US-based payment gateway available in more than 25 countries, supports all major credit cards such as Visa, Mastercard, Diners Club, American Express, and others. Stripe’s transaction fees are 2.9% + $0.30. 

Authorize.net. This payment gateway is available in 33 countries and supports easy integration into WooCommerce online stores. Its transaction fees are 2.9% + $0.30 for e-commerce and dropshipping stores. Besides this, also expect to pay a $49 setup fee and $25 monthly gateway fee. 

How much does it cost to develop an e-commerce website? 

The cost to create an e-commerce website depends on its complexity, the number of features you want to integrate, your selected platform, the location of your development team, and requirements regarding the design. 

For example, you can develop a simple WooCommerce website with a free design template with developers from Ukraine from $10,000- $15,000. 

In comparison, a sophisticated two-sided marketplace with a custom design built by developers from the U.S. will cost from $150,000. 

To receive a more precise estimate, use our project cost calculator

Developing an e-commerce website: final thought 

Before developing an e-commerce website you need to select your business model, monetization strategy, number of products you will sell, and create a list of essential features. Then, based on this information, you, together with your e-commerce development team, will find the most suitable platform and add all the necessary plugins to make the online store meet your business requirements. 

If you have any questions on how to build an e-commerce website from scratch, do not hesitate to write to us

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What Exactly is an Ecommerce Website?

So, what is an e-commerce store, and how it differs from traditional retail? The term “e-commerce” means electronic commerce, which is a bit too broad of a word for electronic trade through a site.

To be more specific, this term stands for any trade, which incorporates the transfer of data across the web with the purpose of selling or buying something. It relates to various businesses, from small retail websites to business trade between international organizations.

All electronic commerce sites have some peculiar features, yet they all employ the same fundamental functions, such as an acceptance of credit cards. Thanks to this opportunity, virtually all goods or services may be bought on the World Wide Web irrespective of time and distance.

FYI: Want to find out your web development cost? Try our web calculator.

Look at our Trendeo case for inspiration.

Why is E-commerce Important?

Electronic trade has snowballed over the past decade and is forecasted to proceed at the same level, or even speed up. Since more brick and mortar stores realize the significance of starting an e-commerce business and moving their trade onto the Web, soon the borders between traditional and electronic business will become completely blurred.

Decided to create an e-commerce site? It’s a perfect idea because internet sales are becoming more and more popular since buyers gain from:

  • Lower costs offered by websites for e-commerce in comparison with conventional retail outlets
  • The convenience of having any purchased goods at the doorstep the very same day
  • Ordering cheap goods from foreign vendors
  • The impressive assortment offered by e-commerce storefront
  • Comparison engines, which can recommend the most appropriate product or service
  • Internet auctions, where people can locate rare and exclusive items

Clothes, food, music, sales text – people buy anything online and benefit from lower costs and convenience. Once you start an e-commerce website, you’ll be able to give discounts since you will eradicate overhead (for instance, salaries and wages associated with a conventional store). These days, the convenience makes the difference! Shipping is so rapid today that once an order is processed electronically, it can usually be delivered the very same day. For instance, Amazon Prime has managed to build the entire industry around easy shopping and fast shipping.

Also, you can build an e-commerce app for a more significant impact.

Benefits of Electronic Commerce for Business

Benefits of Electronic Commerce

There are many reasons to have an e-commerce website:

  1. Lower expenses due to reduced labor, paperwork and other costs associated with conventional stores.
  2. Reduced time. A shorter period of payment, quicker delivery of purchased goods.
  3. Flexibility and better control. The capability to deal with complicated situations, clients’ profiles and an assortment of goods without the situation going out of control.
  4. Better relations with business partners. Constant dialogue between business associates leads to long-lasting relations.
  5. Better relationships with clients. Companies that need a website want to be closer to the buyers because the closer you are to the clients the more difficult it is for competitors to disturb your relations.
  6. International trade. The Web can expand any business into broader geographical settings.

How to Start an E-commerce Store?

Electronic commerce works through several steps employing the database, Internet site code, and third-party apps like payment gateway. Electronic commerce sites use an SSL (Secure Sockets Layer) certificate to protect information that’s being transferred. 

Critical information can’t be stored within the site’s database except they use the appropriate Payment Card Industry Data Security Standard (PCI-DSS).

Read our article: “How to build an e-commerce store?” to know more.

When a customer has scrolled through an e-commerce shop and determined that he or she would like to purchase, you need to have a procedure accepting the purchase. In e-commerce, it’s recognized as a shopping cart. Apart from identifying an order, this software performs a few other things:

  • calculation of taxes
  • processing of different discount prices
  • capturing the billing and client’s shipping address
  • up-selling
  • guaranteeing client’s acceptance of conditions of sale
  • creation of codes, for instance, tracking or order number and so on
  • presenting clients with shipping options
  • forwarding buyers to a payment gateway
  • redirecting buyers to the download page if the purchased item can be downloaded

E-commerce can become an extremely lucrative venture, yet you can’t raise profit overnight. Before you launch your online e-commerce business, it’s vital to perform analysis, ask questions, and make decisions on different facts obtained from your study. We hope this article can help your company make a proper decision in turning your venture into a successful e-commerce business.

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Unparalleled Web & Mobile Development Services for all Markets

The importance of a fully functional and responsive website or mobile app cannot be overemphasized especially in this day and age where the majority of your customers can be found on the internet. Thanks to the advancement of technology, a large percentage of the world population have benefited from a quality, affordable and effective means of acquiring information from the web through internet-enabled, portable devices. This has enabled the sharing of information through the internet much quicker and effectively due to the already existing audience.

With that, the importance of effective web & mobile development services for any business that seeks to have an upper hand over its competitors cannot be underrated. 

Steps to Achieving Effective Mobile App Development

The influx of mobile app developers in the market has its upsides and downsides. One major advantage is the availability and ease of finding a mobile app developer in your location. Nonetheless, the major disadvantage is that a good number of these app developers and web development companies claim to do what they cannot achieve.

The same issue has also been experienced in mobile web development where few service providers who claim to offer top-notch services can actually measure up to their promises. The problem with these companies is the fact that they are more focused on the end as opposed to the means of achieving their objective. The consequence of this is ineffective mobile app development.

On the flip side, The APP Solutions (TAS) technologies have a different approach to how it relates to its clients. With a customer-centric approach, we are able to analyze customer needs before giving appropriate solutions to meet the said customer demands.

Critical Steps Taken by the APP Solutions’ Web & Mobile Development Gurus

TAS takes into account customer needs before embarking on its problem-solving mission. This process entails analyzing customer needs in-depth first, to establish how these demands can be executed in a proper manner. Thereafter, we analyze the company’s competition to determine what extra capabilities can be added to outdo their business rivals. When all is said and done, mobile app development gurus and web developers kick in to offer their foreseen solutions.

Everything is pre-planned and achieved within the stipulated time-frame to suit the customer’s needs.

Requisites of an Effective Mobile & Web Development Process

TAS approach to offering quality services is subdivided into different categories namely: proper business analysis, web, and mobile development, time-bound execution and launch of projects, effective and meaningful support services, systematic development process, pegged on well thought of UI/UX and architecture of the mobile app and website.

Business analysis is important as it helps to iron out issues surrounding market competition and brings out never-seen-before ideas that may be essential for your business. TAS puts a lot of emphasis on business analysis in mobile web app development and desktop web development to identify blocks and holes in the market. That way, they can help your business capitalize on these fissures to attain success.

We place an equally important focus on UI and UX. User experience is crucial to the success of any app or website as it increases conversion rates, bolsters customer loyalty, and minimizes the company’s expenditure. Simply put, your customers will be willing to settle for your services depending on the experience they get from the platforms you have set out for them. This relation between UI and UX is what TAS strives to achieve through market research.

Similarly, TAS mobile app developers and website designers maintain a high level of focus on architecture as it plays a huge role in the appeal factor of their work. Website and app look and feel is an important part of user experience. This therefore boosts and bolsters your chances of attracting customers due to the usability of the platform. Moreover, architecture also has an influence on your page rank and the reliability of the information.  

The development stage is by far one of the most important parts of coming up with a functional app or website. Our mobile app developer and web designer take a pre-planned approach to ensure the product comes out as envisioned by the customer. This also goes hand in hand with the launch of the product since it has to coincide with the set dates for the launch of the product. The release date of the product is vital since it determines whether the company will be able to achieve its objectives based on the dynamics of its market.

Lastly, The App Solutions customer support framework acts as the heart of the company, which keeps its customers going even after the completion of the project. TAS support services are essential in ensuring your app and website is running effectively without hitches. In turn, this ensures your business does not experience any downtime as a result of either your website or app being down.

Studies show that companies that develop effective platforms for their customers do not have to worry about their customers being loyal to the brand. TAS helps your business achieve this by offering groundbreaking web and marketing solutions for your company.

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The APP Solutions’ Boilerplate for Android Development

Architecture is a critical element of any software application. In many ways, it defines the way an application works and moves further. Every architecture, in one way or another, is bound to make sense in a particular project.

Good architecture is alike a tight ball with no spare parts hanging out: everything is in the right place and interconnected, ticking like a clock and fitting like a glove.

However, software architecture is not something where one can reinvent the wheel. And there is no need for that. It is more a combination of the blocks than anything else.

What is boilerplate?

Every project starts with a foundation. This foundation counts in numerous factors, write in a number of scenarios and includes effective solutions for various tasks. Every element is refined over time until it is deemed foolproof. Over time, project after project — companies collect enough various solutions to form a particular set of templates to be used as a foundation.

These templates are known as boilerplates.

Why they exist? In many cases, it is inappropriate to start everything from scratch. Because of that developers compose templates for various elements of the application. These templates are the results of many tries and fail as well as multiple projects – basically, cream of the crop.

Since the majority of the projects are functioning more or less in the same way – it is far more reasonable to construct their foundational elements from a boilerplate than to write the same code again.

Boilerplates are useful from multiple standpoints:

  • Boilerplates are like a starter project.
  • With a boilerplate, developers can save time on forming a clean architecture and fully concentrate on the development, refinement, and testing of specific features.
  • Boilerplate is a tried and tested solution that had already proven its worth.
  • The streamlined and unified structure of the boilerplate makes it instantly accessible for the new members of the team.

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Android App Boilerplate Code

Boilerplate isn’t just a code per se, it’s a set of instruments (including code). This is a ready-to-use Android template that The APP Solutions company app developers use as a foundation for new Android projects (based on Java, not Kotlin Android). It is an amalgamation of many years of experiments and lots of different projects into a refined, rock-solid foundation.

Get the Android App Starter Boilerplate here.

This boilerplate has every single utility you need to start your own application. It is a vessel. All you need to do is to fill it with your idea and roll on. Every element is designed in a way so that it could function from the get-go and can be changed without breaking anything.

You might ask “If it is that good, why are sharing?”. Well, the answer is plain and simple, we are sharing because we think it might help in one way or another.

That is what The APP Solutions is standing for — we are ready to share our knowledge as it can serve as a catalyst for something unexpected.

This repository was developed by The App Solutions Android team: Severyn, Dmytro, and Viktor.

Do you want to know more about Android or IOS development? Check out our article.

Some of the solutions were inspired by boilerplate examples of Ribot Android Boilerplate, Google Android Blueprints, android10 Clean Architecture, and others. Certain elements were modified.

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