Blockchain Development

Blockchain is becoming a crucial part of infrastructure behind financial transactions. Having long track record of FinTech projects Empirica as a software development company helps in development of distributed systems based on blockchain.

Our Cryptocurrency and Blockchain Solutions

Cryptocurrency Algorithmic Trading Platform

Use leading edge technology for arbitrage, market making and other professional trading appliances for cryptocurrencies. Build, test and execute algorithmic strategies on major crypto exchanges.

ICO Investor Portal

Investor dashboard for companies executing ICO processes that allow them to differentiate their offering from the crowd of other offerings and convince their investors with professionalism and credibility. Attract investors, gather funds, distribute tokens.

Technology for Cryptocurrency Exchanges

We provide building blocks of technology for crypto exchanges – matching engines, FIX protocol gateways, performance and functional test harness, integrated algorithmic trading tools to be offered to market participants and more. These blocks build technological edge, performance, stability and security behind exchange service.

Crypto Asset Management

Investor dashboard, robo advisory and digitalized asset and wealth management processes of investor onboarding, profiling, portfolio construction, performance monitoring, rebalancing and reporting for portfolios of crypto and traditional assets.


  • Blockchain Systems Development

    We build custom, blockchain-based distributed systems that support various appliances in financial industry such as multi-signature wallets, exchanges, financial platforms, crowdfunding platforms, auctions and trading infrastructure.

  • ICO

    If your company is planning to raise money through global distributed share offering you need a strong technological partner for both credibility and valuation reasons. We help you prepare to ICO including writing white papers, building working prototype up to the final product release. Convince us to your idea, and you will get a trustful, credible and long term technological partner in us.

  • Smart Contracts

    We create smart contracts on Ethereum, that is a decentralized platform for applications that execute exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. It enables our customers to create markets, store registries of debts or promises, move funds and other assets in accordance with instructions and many other things, all without a middleman or counterparty risk.

Become our partner and let’s decentralize the finance together. Empirica.

Uses of Blockchain

Financial systems

One of the most well-known uses of blockchain is in the mainstream financial sector: trading of assets and internal accounting. Blockchain technology could increase security through embedding regulation into transactions as smart contracts that do not allow to execute transaction when certain criteria are not met.

Product tracking

Blockchains can keep track of product history by creating records along each step of the manufacturing and shipping process. In order to verify the product’s authenticity, a retailer can track the journey of the product from beginning to end.

Organizational recordkeeping

All companies deal with other businesses like vendors, suppliers, and retailers. All of these parts of the supply chain need information from each other. Using blockchain can make this process more transparent and efficient. By giving finance departments at all the various companies access to blockchain records, they can see what is happening when, where, and how.

Global Payments

Most global payments come with many transaction fees. The average fee in 2016 was 7.6%. Blockchain and smart contracts can make the process cheaper by cutting out intermediaries that need to manage steps of these transactions.

Trade Finance

Global trade can be a complicated process when importers and exporters need transaction verifications before they can complete the trade. Blockchain speeds up the process by giving all parties access to documents and records as soon as they process them.


The risks of fraud in lending transactions can be mitigated by tracking identities and capital in the blockchain. Smart contracts associated with the blockchain can assist in underwriting and credit decisions.

Claims Processing

Insurance claims are often the subject of fraud. But with blockchain, agents can submit claims and put review of identities of parties involved into scrutiny with automated sophisticated logic due to the of smart contracts.

Asset Rehypothecation

Also known as secondary trading, the act of covering business cost with the collateral posted by borrowers is difficult to control and track. Blockchain could keep a record of all the transactions so that they can be more easily tracked.

Equity Post Trade

Global trade can be a complicated process when importers and exporters need transaction verifications before they can complete the trade. Blockchain speeds up the process by giving all parties access to documents and records as soon as they process them.

Automated Compliance

Auditing is getting a lot easier with blockchain. If businesses give access to auditors, they can examine every transaction as it happened. Creating reports based on the blockchain allows for the report to automatically update based on what transactions are added.

Loyalty systems

Advanced partner and benefit programs prone to fraud and abuse that calculate and distribute bonus payments to service provider and other associated parties according to the contract.

Peer-to-peer systems

P2P platforms that match all parties of transactins and transfer payments automatically for lending, insurance, credits, retail and other sectors where traditional monolitic and centric business models are challenged.


Exchange and derivative exchange systems for crypto-currencies and other assets with execution logic build in as smart contracts.

Private Blockchains

Enterprise-class systems based on private blockchains that will support core business operations involving covering sophisticated workflows with different parties as suppliers and customers.

Blockchain and Smart Contracts

What Is Smart Contract?

Smart contracts intend to improve upon traditional legal contracts by validating conditions of a contract and enforcing outcomes automatically through code before the transaction is executed. The goal of smart contracts is to increase security of the transactions and decrease their costs.

How financial institutions are benefiting from blockchain?

Financial institutions, ranging from banks and insurance companies to investment banks and audit firms are all exploring the potential of blockchain in eliminating the inefficiencies of the financial systems. Financial industry, today, is heavily reliant on duplicative antiquated and paper-intensive processes which lead to large delays and impose considerable costs. Moreover, their centralized nature, makes them resistant to change and susceptible to systems failures and malicious attacks.

Blockchain technology could not only eliminate these perils but could also pave way for an array of new product segments and revenue streams and provide billions of people access to financial services and instruments that have traditionally been denied to them. A blockchain is a distributed database that maintains a continuously growing list of records, called blocks. Blockchain records are time stamped and stored cryptographically in a chronological manner, which makes them immutable and tamperproof in nature. Blockchain presents the potential to revolutionize the pre-existing legacy systems by eliminating third party intermediaries, creating transparency, streamlining due processes and providing protection from malicious attacks, thereby enabling large internal and external cost savings.

The report states that blockchain applications could potentially reach a per-year cost savings of between $6-$8 billion in KYC/AML, $30-$40 billion in trade finance, and as high as $50-$60 billion in capital markets.


Active member of Blockchain community

Empirica regularly organizes and takes part in different Blockchain meetups animating the community of software engineers to get familiar with blockchain technology.

Innovation driven

Empirica started as a product company and our aim is to preserve the culture of innovation as we grow.

“The blockchain technology could save the financial institutions over $40 billion per year in infrastructure, IT, operational, third party fee, and administrative personnel costs,” Shazlie Kahn, BIS Research

Are you planning a blockchain development project?

Send us your e-mail and we will contact you with further details.