OQTACORE - Web & Mobile development, Rue Mercerie 12, Lausanne (2026)

30/12/2022

2022 was very productive for the OQTACORE team! During the year we:
1) Succeeded in Releasing GameTrade Market, with 180 games onboard, multiple blockchain support, in-game currency exchanger, game database, and 2 million assets on the platform
2) Participated with GameTrade in 2 conferences (TOKEN 2049 and Zebu Live in London)
3) Developed a turnkey solution for online therapy platforms
4) Launched a profitable strategy in betting for users
6) Expanded the list of services
6) Started new projects in such spheres as blockchain, healthcare, e-commerce
7) Published 15 articles on the blog and third-party sites

Thanks to everyone who has followed us this year and had time to cooperate with our team. OQTACORE wishes all IT companies and entrepreneurs a successful new year, high business performance and profits! Merry Christmas and Happy New Year!

30/12/2022

It's nearing the end of the year, and we want to make you happy a little with our content! Today will be a case study which we’re proud of. We'll tell you about the project we’ve been actively working on this year, GameTrade Market.

Web3 projects continue to grow, with Web3 games and Metaverse projects raising over $750 million since August 1st this year alone. However, there is still not a single GameFi project in this industry where you can evaluate blockchain and NFT games using likes and reviews from real users. We decided to remedy this situation by creating a kind of Steam from the Web3 world – Gametrade Market.

Gametrade Market is a platform that combines the NFT marketplace of in-game items and a crypto exchange of in-game cryptocurrency. The marketplace combines a trading platform with a social network, where users can communicate, like and comment on games and items they like, as well as exchange items with friends.

As this product is primarily a marketplace, it has a full buy/sell toolset, a price tracking and analysis system, a chat with other buyers/sellers, and an auction system. All transactions and in-game items are blockchain protected—no one can steal your funds.

In creating the Gametrade Market, we primarily focused on its UX and usability to ensure that every element of the marketplace is convenient and user-friendly.

In the past year 2022, the OQTACORE team along with the GameTrade Market founders, were able to:
-Launch the platform
-Install trade smart contracts for Ethereum, Polygon and BSC
-Install support for many crypto wallets with the ability to add multiple wallets
-Set up a games rating system
-Add support for 150+ games and 1M+ items

And much more. It's been quite a productive year!

Check out the GameTrade Market here: https://lnkd.in/dxNgTTDf

23/12/2022

We have a new article out!

Read via the link: https://oqtacore.com/blog/9-steps-to-create-your-own-crypto-exchange/

05/12/2022

👨‍💻 FAQ: What is a smart contract?

Smart contracts are automated wallets on the blockchain network to which you can send a certain command, and you can pay for ex*****on of this command with cryptocurrency.

Smart contracts in blockchain can be compared to chatbots in instant messengers. They are programs that you can communicate with and ask to perform an action.

But while messenger chatbots are closed systems that can be disabled or changed by the author, you can always see the source code of a smart contract in the blockchain.

Also, once you create a smart contract, there is no way to alter it. That is, you know exactly what the smart contract will do, and you know that it will never change, so it is 100% trustworthy.

02/12/2022

Why the term 'web3' is dying

First, let's understand the following terms:
Web1: The term is used to refer to the first stage of development of the Internet. The main products, sites and content were 'static', meaning you could not interact with them; at that point, they were largely informational. Examples of Web1 products then are: Yahoo, Internet Explorer, NBC

Web2: This is the stage we're in now; Web2 content is interactive, users can buy, create and distribute it themselves; another name for this phase is the centralized Internet as it is dominated and almost controlled by four giants: Apple, Amazon, Facebook, and Google.

Web3: Web3 is the idea of a new version of the Internet based on blockchain,
decentralisation and tokenomics; Web3 app developers store data using blockchain and deploy applications directly in it, instead of using single servers or databases.

But before 2021, have you ever thought about the terms Web1 or Web2?

Why is everyone suddenly talking about Web3 when no one even knew we were in the Web2 stage?

It's simple, the hype around the term was because all the companies were "trying" to add decentralization, NFT, Metaverse or blockchain to their projects; this seemed fashionable.

But lately, the term "Web3" has discredited itself for three reasons:
Crypto crisis. Just last Monday, Bitcoin dropped to a week-and-a-half low as the crypto market continues to take a bruising following the spectacular collapse of FTX. The crypto market cap has plummeted from $3 trillion to below $900 billion in just six months, and the decline continues.

Metaverse misconceptions. The market continues to evolve, but the average user still doesn't understand the difference between metaverse and the usual MMORPG (and Zuckerberg's new cringe metaverse selfie doesn't help matters).
Declining popularity of NFT. According to a report from DappRadar, Q3 2022 saw $3.4 billion in NFT sales, down from $8.4 billion in Q2 2022 and $12.5 billion at the market's peak in the first quarter of the year.

Web3 continues to be adopted by projects that can't sell their product in a bear market, while companies with brilliant ideas just keep developing them without shoving web3 in every name. We think the trend will continue in 2021-2022, and will lead to a boom in crypto projects - we won't notice how quickly that time will come.

Let's spend more time on implementation and development of business ideas, especially among crypto projects. If you create a bad project, putting a beautiful wrapper like "Web3" in the name won’t save it. Peace, everyone!

05/10/2022

Do you know that applications to start new businesses nearly hit 5.4 million in 2021? This is the most of any year on record, and the number of new business projects is not going to drop in 2022. Chances are, you've been thinking about starting a business yourself. About 65% of Americans polled believe they can start their own business – this figure is about the same around the world.

If you're determined to create your own business project, you're going to have to face some stiff competition. There are so many entrepreneurs with amazing projects right now. Can you come up with an equally cool business idea if you want to start your own business in 2022?

The OQTACORE team has decided to help you out! We've talked to business experts and entrepreneurs, analyzed the modern market, and prepared for you the top 3 business ideas you can actualise to grow a profitable business in 2022 and beyond.

Blockchain Solutions for Healthcare
We couldn't help but mention blockchain. Its main feature - immutability - would come in handy in modern healthcare. Thanks to blockchain, it would be at least impossible to lose your medical records or change the data in them. To learn more about how blockchain could help medicine, read our article here:

Business Idea Validator
Or a platform that will test whether a future business is viable and profitable. The platform works based on a simple principle: you practically arrange a pitching session for it – you enter sales statistics, market volumes, competitor figures, and other parameters into the validator; you describe the market problem and its solution. Then, based on the parameters entered, a mathematical model is built, which allows you to determine what investments you need the least, and whether your business idea is generally viable from the point of view of the model.

This sounds utopian, but in fact that's how hundreds of investment and analytical companies work. It’s not just software that builds the model, but individual specialists. For example, OQTACORE regularly analyzes its clients' ideas before the project could be commenced. Having a publicly accessible business idea validator would be of great help to aspiring entrepreneurs.

Migration-as-a-Service
Imagine how convenient it would be if you could migrate your company data or software to the cloud in just a couple of clicks. Yes, such platforms already exist. For example, Zapier enables you to migrate data from your internal booking system to a particular CRM. However, Zapier and its counterparts are incredibly complex and not user-friendly.

Of course, if you need to transfer a huge amount of data or all your software to the cloud, you will need to turn to companies that specialize in complete cloud migration, such as OQTACORE. However, to move simpler data, such as information from the CRM, you can create a separate and convenient platform. Perhaps your company could create such a platform!

What business ideas do you think will score a big win in 2022? Leave your opinions in the comments. 👇👇👇

30/09/2022

We wrote a new article about AWS and Cloud Computing!

This article will be in two parts - stay tuned for the second one!

https://oqtacore.com/blog/aws-vs-openstack-part-1/

28/09/2022

Today, UX design plays a paramount role in determining whether customers will use your product. A report by AWS shows that 88% of online users say they wouldn't return to a product with a poor UX. Moreover, design quality affects business performance. According to UX Planet, every $1 spent on improving UX brings $10 to $100 in return in the long run.

IT companies in 2022 should follow the design market and stay on top of trends. This year, there are new solutions that will improve user experience and customer engagement. OQTACORE has identified 3 top UX design trends to look out for in 2022; they will help you to create a better product.

Customization
UX design is the cornerstone of good user onboarding. It is concerned with building a relationship between the product and the user, persuading the user on why your product is better than the product from your competitors. Onboarding can be done by customizing the interface for each customer.

Personalization
Designing an interface that adapts to the user and their tasks.

Example: In workspace software Notion, the user can either register an individual or a team account. Depending on the choice, the onboarding flow setting will change, the app will show which functionality the client may not use.

Microsurveys
Interfaces are now featuring pop-ups with short surveys in order to get feedback from users.

Example: After creating a new board in Miro, a pop-up window will appear, where you can use emojis to rate the app.

Emotional design
A good UX design is not only about onboarding. Another UX goal is to evoke positive emotions in users, such as joy and fun. This would make the user to be more quickly involved in the interaction; a deeper connection between the user and the product would be formed.

Gamification
Game elements don't necessarily make an app "childish". A game can be used to evoke emotions in the user, which would make them want to return to the app faster.

Example: In Asana, a project management solution, when the user checks off a completed task in the interface, a fairy creature - a unicorn, yeti, narwhal, or phoenix - appears on the screen, happy that the user has successfully completed the task.

Microinteractions
Small, interactive interface details that make interaction more intuitive and keeps the user engaged.

Example: Airtable, a low-code platform for building collaborative apps, shows the user small tooltips, such as error messages, notifications about new features, or answers to FAQs.

Interfaces of the future
Here we've included interface designs that make the world look like an ultra-modern future, but which are already all around us:

VR and AR
These are not just games, but 3D interfaces within virtual reality, or interfaces that literally extend reality using familiar devices like a smartphone or computer.

Example: IKEA Place is an augmented reality app with a minimalist interface. It has a single function - it allows the client to test IKEA furniture in real time and virtually place it in their apartment using a smartphone camera.

Voice interfaces
Voice user interfaces are more intuitive than tapping on a touch screen device. For example, users can take notes, set reminders or search for cafes on a map just by talking to a voice assistant.

Example: Google Assistant, Amazon Alexa and other assistants.

The OQTACORE team will give you a clean, consistent, pleasant user experience and visually appealing interface for your product. We use all modern design methods and we constantly analyze current trends to make the interaction convenient and more engaging for your customers.

21/09/2022

Top 3 Web3 trends worth breaking into

Web3 as a business industry was born just last fall, after Mark Zuckerberg's speech, but more and more tech entrepreneurs are now seeking to be a part of this trend. Dove Metrics reports that 438 Web3 companies have raised over $4.5 billion in funding so far. But the more new projects appear, the more frequent newcomer companies are asking, "What other areas of Web3 can we break into?"

OQTACORE will help you answer this question! Our team has identified 3 Web3 areas from where your business idea can take off.

Decentralized social networks.
In fact, the emergence of blockchain-based social media was expected. Decentralization creates strong competitors to Web2 social networks, which regularly experience data breaches, increased censorship, government pressure, and so on.

Decentralized social networks are blockchain-based dApps where users communicate, create and share content, just as is done in traditional social networking services. The difference is that blockchain stores user data in thousands of nodes around the world, and because of the properties of blockchain, even if a few nodes go down, the network itself won't suffer. And since information is duplicated by all nodes, verified and correlated, Web3 social networks become transparent and uncontrollable by total censorship. This sounds utopian, but we're already seeing the first decentralized platforms emerge.

Examples of decentralized social networks:

Peepeth is a microblogging social media platform like Twitter; it runs on Ethereum and allows users to donate ETH.
Mirror is a web3-enabled writing platform for writers. Each entry is stored in Arweave, a decentralized data storage network, and can be released by users as an NFT for sale;
MINDS is similar to Facebook and uses its own ERC20 token called MINDS. It can be used within the platform to buy goods.

Crypto Sports Betting.
Web2 betting platforms are a typical example of how centralization works and why it drives regular users nuts. Traditional bookmakers always dictate their rules to the player: even if a person wins a bet, the platform can severely limit his winnings with a commission or reject the win altogether "based on platform rules".

Therefore, Web3 betting platforms are trying to solve the "casino always wins" problem and overcome players' mistrust with the help of blockchain. Blockchain transparency allows users to control unexpected intervention in a transaction and the rejection of winnings. Most importantly, the betting data on the blockchain cannot be changed, and this gives the user confidence. In this way, bookmakers and players can agree and fairly share the winnings. And the market shows that this idea is popular. For example, Aver, a sports betting exchange, which runs on the Solana blockchain, raised a $7.5 million seed funding round in January this year.
However, bookmakers in Web3 also have limitations: bets are thousands of transactions, so decentralized platforms have to pay more for gas. New bookmakers have to experiment with using the network and electricity; they are forced to negotiate with governments - let's not forget that in several countries sports betting is strictly regulated by law.

Examples of blockchain-based betting platforms:
SX Bet - a peer-to-peer betting exchange based on an exclusive blockchain built with Polygon
Divvy - a betting protocol powered by Solana

Gaming.
Web3 cannot do without games because gaming promotes the decentralized web. According to Global Market Estimates, the global NFT market will grow at a rate of 185% from 2021 to 2026, and gamers are expected to be a big part of this growth. In addition, Roblox is considered the largest metaverse with about 230 million monthly active users.

Existing Web3 games amaze with their diversity - from the most expensive play-to-earn game Axie Infinity with a record-breaking $2.3 billion in NFT trading volume, to projects like The Sandbox, where users can buy and sell virtual real estate using cryptocurrency.

However, "decentralized" games, where the rules and development of the game ecosystem are regulated by the players themselves, not by developers, are almost non-existent in the market. Play-to-earn and play-and-earn remain major trends, so now is the time to bring new player-driven solutions to the Web3 market, where they are much needed.

Web3 is a diverse market, and each new company offers it something different. Good luck to all newcomers as they actualize their business ideas. We would also like to remind those entrepreneurs who already have a business idea that we're ready to realize it.

16/09/2022

🔗 Blockchain is now literally everywhere, including healthcare.

🏥 Find out what problems blockchain can solve in the world of medicine in a new article from our OQTACORE team: https://oqtacore.com/blog/blockchain-in-healthcare-challenges-in-2022/

12/09/2022

How a CTO can benefit your company

No one can deny that the quality of any digital product depends on how the development process is structured and what tools the team uses. But really, not all businesses understand this. Only 7% of companies were able to fully adopt digital technology into their organization, although digital-first companies are 64% more likely to achieve their business goals than their peers. For a company to understand how to technically create a product and make development effective, it needs a chief technology officer (CTO). Let's find out more about this business role.

What are the roles and responsibilities of a CTO?

1. Defines the tech stack of the project. That is, they understand the best way to develop your digital product and choose the most effective tools. The CTO determines what programming languages to write in, which libraries and frameworks to use and at what stages, or which platform to store data on, and so on. Besides, the chief technology officer makes sure that the product development is in line with modern standards. You don't want customers to get a product that is outdated at launch, do you?

2. Comes up with a technology strategy. It's not enough to just answer the question "What do we need to create a product?” You need to understand HOW to create it; that's why the CTO creates a plan: defines the technical goal of the project, development approach and methodology (e.g., Agile), determines the talent needed, structures developers' work into stages, and then calculates the deadlines and cost for each stage.

3. Helps in creating the roadmap. Technical strategy is part of the product strategy, so the CTO, together with product managers, also supplement the product roadmap with development technical features and stages. After that, the entire team gets down to development, and then the CTO oversees the work such that everyone performs tasks in accordance with business goals.

The CTO provides the following benefits in product development:
Determines how feasible the business idea is. Viability of a product depends on the limitations of the tech stack and how it is used. The CTO helps the CEO and other stakeholders to understand if the product is feasible from the original idea and if the idea is worth tweaking.

Increases the company's competitive advantage. A chief technology officer understands which technologies are effective and which are trending or innovative. Innovation is important for business, and companies understand this. A report by Booz & Co. found that innovative organisations have 11% more revenue than their less creative counterparts. So, the CTO helps businesses innovate and make development more efficient.

You need a CTO if:
-Your company has never launched a tech project, and you're not familiar with the technology and intricacies involved in developing such product
-Your company needs technological development and digital transformation
-Your developers need a leader and technology expert who will set up the technical process of creating the product

If you have a business idea and you need a development team led by a seasoned tech veteran, schedule a call with Dmitry Elisov, the chief technology officer, OQTACORE: https://calendly.com/oqtacore/meeting?month=2022-09

26/08/2022

🧠 Is technology making its way to psychotherapy?

HealthTech is a huge market where startups are solving pressing healthcare problems. According to Vantage, the digital health market size is expected to reach $430.52 billion by 2028. 💊 Digital mental health products are becoming a new trend in this business.

OQTACORE takes a look at the digital mental health market.

What led to the growth of digital mental health?
We don't think the answer will surprise you - the COVID-19 pandemic. For a year or more, people were locked up, some with family and some working remotely all by themselves; there was almost no face-to-face interaction among people. Such stress took a toll on people's mental state. KFF reports that nearly half of American adults reported anxiety or depression amid the COVID-19 pandemic. By comparison, from January to June 2019, one in 10 reported these symptoms.

COVID-19 has highlighted the mental health problem for venture capitalists - customers need more solutions. According to CBInsights, global funding to mental health tech startups reached $5.5B in 2021, jumping from $3.3B in 2020. This market surge paved the way for a positive trend in the development of digital mental health.

OQTACORE's review of the digital mental health market.
We have identified and analyzed 3 key segments of the digital mental health market for 2020-2022*:

Ongoing therapy and mental support.

Percentage of companies: 46-48%
Average funding: $6.2M
Business model: Freemium or SaaS
Biggest companies and products: HelloBetter, Happify, Reflectly, HeadSpace.

Description: Platforms and apps that replace therapy sessions or help patients self-monitor and improve their mental health: self-coaching apps, meditation apps, interactive games based on cognitive behavioral therapy, and much more.

An example is HeadSpace. The patient gets 10 free sessions of mindfulness-based cognitive therapy meditations. For a subscription fee, they get more sessions and a package of self-coaching programs.

Telepsychiatry and other gateways to mental health.

Percentage of companies: 31%
Average funding: $7.5M
Business model: Pay-per-product or SaaS
Biggest companies and products: Ieso Health, Moka.Care, Lyra, Ableto.

Description: Startups in this segment develop platforms for therapist-patient communication. These can be online video communication services, chatbots, services for finding a therapist or coach, etc.

An example is Speak.Help, developed together with OQTACORE. The service is a freelance platform for psychologists. Clients can schedule on-demand pay-by-minute encrypted audio/video calls or have weekly text & voice messaging subscriptions with psychologists.

Tech-enabled therapy providers.

Percentage of companies: 20-23%
Average funding: $5.2M
Business model: Product-based subscription or SaaS
Biggest companies and products: Thymia, YBrain, OxfordVR, NeuroTrack.

Description: High-tech segment - artificial intelligence for patient observation and symptom analysis, VR/AR for treatment of complex mental disorders, biometric diagnostic tools and other technologies that make treatment more effective.

An example is Dreem, whose headbands measure sleep patterns and then sends the data to an app for analysis and diagnosis. Both the headband and the app are available by subscription.

*The data presented are estimates; there are no verified global statistics in the public domain

Mental health tech continues to evolve. Amidst the global crisis, funding in this area, as in others, have fallen dramatically - about $0.8 billion in mid-2022. However, OQTACORE expects growth to resume next year.

What do you think about the growth of digital mental health? Leave your opinion in the comments section.

OQTACORE - Web & Mobile development

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