TRES - First Dubai crypto app for SMB
"Thanks to Elastoo Labs, we are now able to accelerate our pace and deliver the product at the speed required to stay competitive in the market.”
Full Stack development
Full Stack

TRES is a Dubai-based company that specializes in managing cryptocurrency accounts and facilitating payments for small and medium-sized companies in the UAE. The company's primary goal is to help businesses store their funds securely in custody accounts, enabling them to transact using cryptocurrencies.

The company offers a range of services to its clients, including the ability to create software POS terminals that can receive payments in cryptocurrency. This feature is particularly useful for businesses such as restaurants, cafes, car rental services, and hotels, as it provides them with a new avenue for accepting payments from customers.

TRES has been instrumental in helping businesses in Dubai embrace the use of cryptocurrency for transactions. The company's expertise in managing cryptocurrency accounts has made it possible for small and medium-sized businesses to transact securely without having to worry about the complexities of managing cryptocurrency wallets.

TRES's services have been well received by its clients, who appreciate the convenience and security that the company offers. By providing a reliable and secure platform for storing and transacting with cryptocurrencies, TRES has helped its clients streamline their operations and increase their revenue streams.

Overall, TRES is an innovative company that has played a significant role in helping businesses in Dubai adopt cryptocurrencies as a means of payment. With its comprehensive range of services and commitment to security, the company is well positioned to continue supporting the growth of the cryptocurrency ecosystem in the UAE and beyond.

Custody & payments from scratch

Elastoo Labs was tasked with creating a custody and payments service for a fintech company based in Dubai, UAE. It was a complex project, but Labs successfully designed and implemented a secure and reliable system to meet client needs. The final product was a game-changer for the client and we're proud to have played a role in its success.

The start of the story

Elastoo Labs and its crypto division was approached by a fintech company based in Dubai, UAE, to create a new custody and payments service. The project was complex and challenging, but Labs was up for the task.

The fintech company had ambitious goals, and they needed a system that could securely and legally store and manage large volumes of cryptocurrency transactions in a cloud way. They also wanted to offer their clients a reliable and user-friendly platform for making payments and managing their accounts.

We assembled a mid size team of frontend, backend and product experts in cryptocurrency and blockchain technology to design and implement the new system. Ilia and Vlad from product management division worked closely with the client to understand their specific requirements and to ensure that the final product would meet their needs.

We implemented cutting-edge security measures to ensure that client funds would be safe from theft or fraud. We also designed a user-friendly interface that made it easy for clients to manage their accounts and make payments.

After several months of intense work, the project was completed, and the new custody and payments service was launched. The final product was a game-changer for the fintech company. It provided them with a secure and reliable system for managing cryptocurrency transactions and payments, and it gave their clients a platform that was easy to use and understand.

The success of the project was a testament to the hard work and dedication of the team at Elastoo Labs. They had overcome many challenges along the way, but they had ultimately delivered a product that exceeded their client's expectations.

In the end, the new custody and payments service had a significant impact on the fintech industry in Dubai, UAE. It set a new standard for security and reliability in cryptocurrency transactions, and it helped to cement the fintech company's position as a leader in the industry. Elastoo Labs was proud to have played a role in the project's success, and they looked forward to taking on new challenges in the future.

See TRES clients stories and how they adapted the product

The year's most anticipated Dubai event had finally arrived - the premiere of offline cryptocurrency payments. Lucky Fish, a popular restaurant in Dubai, had already jumped on board and began accepting cryptocurrency payments.

The process was simple and fast. Customers only had to scan a QR code and pay using their preferred cryptocurrency. The option was well-received by the public, with 67% of respondents stating that they would like to pay for purchases using cryptocurrency.

In a world where simplicity and modernity are valued, cryptocurrency payments seemed like the natural next step. No longer did customers have to worry about banks, cards, or extra commissions. Lucky Fish had made paying for meals a convenient and hassle-free experience.

The restaurant's pioneering efforts were lauded by many, with the management saying that they were excited to connect to their business using this new method of payment. Lucky Fish's adoption of cryptocurrency payments marked a significant step forward in the cryptocurrency ecosystem, paving the way for other businesses to follow suit.

As more and more businesses begin to accept cryptocurrency payments, it seems clear that the payments of the future are here to stay. The premiere of offline cryptocurrency payments in Dubai marked a turning point in the way people think about money and the way they conduct transactions. Lucky Fish had played a significant role in this shift, and they would forever be remembered as pioneers in the world of cryptocurrency payments.

What we did

1. Strategic Discovery and Planning on the tech

2. Web application architecture & optimization

3. Mobile web view application development & optimization

4. Landing page development & optimization

5. Component-based UI-kit

6. Product Design Sprints to explore new functionality

Final Deliverables and Results

Following months of work and commitment, the Labs team accomplished the delivery of the final product - a web and mobile app with a user-friendly interface. The app streamlined the daily job routines of restaurant waitresses and car rental staff while facilitating their payment process.

Moreover, restaurant owners could access analytical dashboards and monitor their transactions, enabling them to make informed business decisions. The app's withdrawal feature allowed them to effortlessly transfer funds to their bank accounts, further improving the efficiency of their operations.


— REST API backend for customer facing app

— REST API backend for custody system

— Blockchain integration microservices

— 3rd party Bank API integration microservices

— Frontend apps

— Mobile webview apps

— Infrastructure environments, staging builds, CI/CD templates

More related projects
No items found.
Have project in mind? Let’s talk.

Our team will contact you with 3 business days.