Advisory / Concept Business & Advisory

Applicature Proof of Concept Blockchain Implementation for Codex

Proof of concept blockchain implementation with escrow functionality for Codex Protocol.

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The Challenge
Codex Protocol, a decentralized protocol for authorizing users and enabling transparent bidding on the blockchain, approached Applicature early in their product cycle. They needed to understand how cryptocurrency works and validate their business concept with a working blockchain proof of concept.
Our Solution
Applicature conducted coaching sessions to help Codex understand blockchain ecosystems, then built a proof of concept implementing escrow functionality on the blockchain. The PoC validated that users could send deposits to an escrow system, and once verified, participate in online auctions.

What We Delivered

Blockchain coaching sessions
proof of concept development
escrow smart contract
technical validation report

Technologies Used

Ethereum Solidity Web3.js escrow smart contracts

Results & Impact

The successful proof of concept convinced Codex Protocol's leadership to move the project forward into full development.

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