Heidi Lemmetyinen // April 18 2019

Digitalist helped Iron Axis create a digital safe for cryptocurrency

Joon Lee is a Silicon Valley based cryptocurrency investor, who last year realized he had no secure way to store his cryptocurrency keys. What’s more, he was forced to hold his crypto in four different wallets. There was also a tendency he shared with his fellow investors to lose cryptocurrency due to failures in the wallets often due to security issues or failed attempts to solve security issues. 

He wanted one secure platform for managing all his keys. There was nothing like this in the market, so it dawned to him that he would probably have to create one himself.

Joon approached his friends who worked in information security in large technology companies in the Bay Area and asked if they’d be able to build something to store and manage keys in the cloud safely and securely while being easy to access. Joon’s vision was to create a secure, universal and user-friendly solution for storing cryptocurrency keys. This is how Iron Axis was born.

Iron Axis is a Blockchain security platform that offers the highest level of post-quantum cryptography architecture and backend. It’s a cloud-based digital safe where consumers and enterprises can store keys to any cryptocurrency with hardware protection for cryptographic keys.

The Iron Axis team had started forming a vision, but they needed to sharpen it up. They also needed help with end-to-end design, user experience, and UI. So they decided to do a 5-day design sprint with Digitalist to speed things up.

How does the design sprint work?

The Digitalist design sprint is an intensive and highly-structured collaboration session facilitated by experienced design and strategy experts. It’s great for creating innovative solutions in a short time frame – from rough concepts to fully-testable prototypes.

“We brought our theoretical concepts and wish list to the sprint,” Joon tells. “Then we sat down with Digitalist and drilled it down to the bare minimum that still captured the key things we wanted, but also helped us implement the first product. We did it all in five days.”

Digitalist typically spends a week preparing for the sprint. The sprint itself takes five days, from Monday to Friday. The product prototype is delivered on Thursday and user testing happens on Friday.

The time constraint means that you’re forced to dwindle it all down to the thing that is needed the most and develop it so that it becomes sharp. The client wish list might be long; during the design sprint, you figure out what the solution actually is, how to make it viable and how to create something that solves the core problem. It’s especially great in disruptive situations where you need to develop something quickly and efficiently through a validated method.

The result

Iron Axis got the core functionalities for building the minimum viable product (MVP) and Digitalist built the click-through prototype. Later, Iron Axis built out artifacts of the actual MVP, which they are still leveraging today.

“The next thing is to build the end-to-end capability and create a scope of work – what the next version of the product will take to get built,” says Joon.

In October, Joon also won the pitch contest in Igniter Conference in Silicon Valley with Iron Axis.

 

Photo license: Creative Commons

 

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