We deliver audit-ready code from day one. Our development process integrates formal verification and automated testing, ensuring your core logic is secure and reliable before deployment.
Bitcoin IoT Payment System Legacy Modernization
Smart Contract Development
Production-ready smart contracts built with security-first principles and gas optimization.
- Custom Token Standards:
ERC-20,ERC-721,ERC-1155, and bespoke implementations. - DeFi Protocols: Automated market makers (AMMs), lending/borrowing pools, staking contracts.
- Enterprise Logic: Multi-signature wallets, upgradeable proxies, and custom governance systems.
- Gas Optimization: Achieve up to 40% lower transaction costs through efficient bytecode and storage patterns.
Deploy with confidence. Our contracts are built on
Solidity 0.8+using OpenZeppelin libraries and include comprehensive test coverage, documentation, and a security review report.
Core Capabilities of Our Migration Service
We deliver a complete, secure, and future-proof migration from legacy Bitcoin IoT payment systems to a modern, scalable architecture. Our process is designed to minimize downtime, eliminate technical debt, and unlock new revenue streams.
Legacy System Audit & Decommissioning
We perform a comprehensive audit of your existing Bitcoin payment infrastructure, including hardware, firmware, and transaction logic. Our team then executes a phased decommissioning plan to ensure zero transaction loss during the migration.
Lightning Network Integration
Migrate from slow, costly on-chain Bitcoin payments to instant, low-fee transactions via the Lightning Network. We implement LND or Core Lightning nodes with custom liquidity management and watchtower services for enterprise reliability.
Secure Hardware Wallet Integration
Replace vulnerable legacy key storage with HSM-grade security. We integrate with hardware wallets (Ledger, Trezor) or custom secure enclaves to manage transaction signing, eliminating single points of failure for your IoT fleet.
Real-Time Analytics & Reconciliation
Gain full visibility into your payment flow with a modern dashboard. We implement real-time monitoring, automated reconciliation against your ledger, and alerts for failed transactions or liquidity issues.
Scalable API & Webhook Infrastructure
We build a robust, versioned REST API and webhook system to replace legacy communication protocols. This enables seamless integration with your existing ERP, CRM, and backend systems for automated settlement and reporting.
Post-Migration Support & SLAs
Our service includes 24/7 monitoring and dedicated support for 90 days post-launch. We provide clear SLAs for system uptime, incident response, and performance to ensure your new platform operates flawlessly from day one.
Business Outcomes: Why Modernize Now
Legacy Bitcoin IoT payment systems are a liability. Modernization with Chainscore delivers immediate, measurable business advantages, from slashing operational costs to unlocking new revenue streams.
Reduce Transaction Costs by 80%+
Replace inefficient, high-fee legacy settlement layers with our optimized Layer 2 (e.g., Lightning Network) integration. Achieve sub-cent microtransactions, making IoT micropayments economically viable for the first time.
Achieve Sub-Second Finality
Move from batch processing and multi-hour confirmations to real-time, instant settlement. Enable true machine-to-machine (M2M) commerce and responsive IoT applications that require immediate payment verification.
Eliminate Single Points of Failure
Decentralize your payment rail. Our architecture removes reliance on vulnerable central servers, distributing trust across the Bitcoin network to ensure system resilience and continuous operation.
Unlock New Revenue Models
Enable pay-per-use, real-time billing, and automated micro-leasing for IoT devices. Create smart contracts that autonomously manage revenue sharing and compliance, opening entirely new business lines.
Future-Proof with Protocol Agility
Our modular stack supports Bitcoin Script, Lightning, and emerging protocols like Ark or Fedimint. Avoid vendor lock-in and seamlessly integrate next-generation Bitcoin payment innovations as they emerge.
Accelerate Time-to-Market
Leverage our battle-tested SDKs, pre-audited smart contract templates, and deployment automation. Go from concept to a secure, production-ready IoT payment system in weeks, not years.
Phased Migration Timeline & Deliverables
A clear, phased approach to modernizing your legacy Bitcoin IoT payment system, detailing key deliverables and timelines for each stage.
| Phase & Deliverables | Timeline | Key Activities | Outcome |
|---|---|---|---|
Phase 1: Discovery & Architecture | 2-3 weeks | Legacy system audit, requirement analysis, modern stack design | Technical specification & migration blueprint |
Phase 2: Core Protocol Development | 4-6 weeks | Lightning Network/Layer 2 integration, payment channel logic, smart contract suite | Deployable core payment protocol modules |
Phase 3: Device Integration & Testing | 3-4 weeks | IoT SDK development, hardware wallet integration, end-to-end pilot | Certified SDK & successful pilot transaction |
Phase 4: Security & Audit | 2-3 weeks | Smart contract audit, penetration testing, compliance review | Audit report & security certification |
Phase 5: Deployment & Go-Live | 1-2 weeks | Mainnet deployment, monitoring setup, team training | Production system live with 99.9% SLA |
Phase 6: Post-Launch Support | Ongoing | Performance monitoring, incident response, protocol upgrades | Guaranteed <4h response time SLA |
Our Methodology: The Chainscore Migration Process
A structured, four-phase approach to modernize your Bitcoin IoT payment infrastructure with minimal risk and predictable outcomes. We deliver a production-ready system, not just a proof-of-concept.
Phase 1: Architecture & Security Audit
We conduct a comprehensive analysis of your legacy IoT payment flow, identifying vulnerabilities and designing a secure, scalable Bitcoin/Lightning Network architecture. This includes threat modeling and a detailed migration roadmap.
Phase 2: Core Protocol Integration
Our engineers build and integrate the core Bitcoin payment rails. We implement BOLT-compliant Lightning channels, watchtower services for security, and robust transaction batching to reduce on-chain fees for microtransactions.
Phase 3: Device SDK & Edge Deployment
We develop a lightweight, secure SDK for your IoT devices (ARM, RISC-V) enabling direct Bitcoin/Lightning transactions. Includes over-the-air (OTA) update mechanisms and hardware security module (HSM) integration guidance.
Phase 4: Monitoring & Handover
We deploy Chainscore's monitoring dashboard for real-time transaction visibility, node health, and fee analytics. Complete documentation, developer training, and a 30-day transition support SLA ensure your team owns the system.
Bitcoin IoT Migration: Common Questions
Get specific answers on timelines, costs, security, and process for modernizing your legacy Bitcoin IoT payment infrastructure.
A standard migration from legacy systems (like SPV wallets or direct RPC calls) to a modern architecture (using PSBTs, BOLT standards, or Lightning) takes 2-4 weeks from kickoff to production deployment. This includes assessment, development, integration testing, and a security review. Complex multi-device ecosystems or custom protocol development can extend to 6-8 weeks.
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