We collaborated with the SkyLabs team to create a crypto ecosystem with a custodial wallet, embedded exchange functionality, and terminals (cryptomats) allowing fast cash in and out from your wallet. SkyLabs also features a crypto payment system.

SkyLabs ecosystem was based on our custodial wallet system, which allows it to send and receive cryptocurrencies from all major blockchains. On top of the wallet system, we have created a SkyWallet application interface for users to manage their assets. We have also implemented terminal management software embedded into SkyLabs to operate the terminals. Having based all the components on the custodial wallet system allowed us instant transactions in front of the terminal and instant currency conversions inside SkyWallet.

As a result, SkyLabs has been successfully installed, has seven operating crypto terminals in Armenia, and has expanded its operations to Georgia through a partner franchise program. SkyLabs ecosystem consists of the following components:

• Hardware with Cash-in and Cash-out support
• Software solution for Terminals and hardware drivers
• Web-based wallet
• Mobile wallet application for iOS and Android
• Admin Dashboard
• In-wallet crypto exchange