Back-End Changelog

Upgrades 📈

1. Integration of WhiteBit Institutional Services and Marionette FinTech Software.
   Marionette Software is excited to add WhiteBit Institutional Services as an available turnkey option to the core software. By leveraging the capabilities of WhiteBit Institutional Services, Marionette-powered businesses can now provide a more robust and reliable platform experience to their users. This integration is intended to solve a major pain point for our business clients related to market making and liquidity provisioning, helping them achieve a new level of operational excellence.
   
   Highlights of Fully Integrated Functionality and Work in Progress:
   

• Market Making (WIP): This operator centric feature also impacts End-user experience on Marionette-powered platforms. Marionette transmits order book data from WhiteBit Exchange Platform and populates these orders in Marionette-powered order book in real time.
  

• Order Book Liquidity for Cross-Exchange Arbitrage (WIP): Order book is not only populated using the Market Making portion of the integration but ‘Buy’ and ‘Sell’ orders are also executed across Marionette-powered trading interface and WhiteBit Exchange in real-time.
  

• Swap Exchange Liquidity (WIP): Marionette-powered exclusive accounting capability to perform Swap Exchange operations also tap into WhiteBit Liquidity. Regardless if the Swap Exchange order is On-Chain, Off-Chain or Hybrid-Chain, Marionette-powered businesses now have the ability to extend Market Orders from WhiteBit Exchange to execute Swap Exchange transactions for their end-users.
  

• Node Management (Completed): Marionette-powered businesses now have the option to utilize WhiteBit for blockchain node management. This option alleviates the need to maintain your own blockchain nodes or tap into a 3rd party providers like Chainstack (Turnkey 3rd party service supported by Marionette Software). In White Bit Node Management, the following additional services are provisioned by WhiteBit:

  • Custody (Completed): For nodes managed by WhiteBit Institutional Services, for optimized transaction flow, it is optional, but recommended to store exchange funds under WhiteBit regulated custody. While this option is managed by each individual client, having funds on custody with your liquidity provider, alleviates the need to shift funds to and from on the Blockchain, thus minimizing transaction fees.

  • Deposit Collection (Completed): For nodes managed by WhiteBit Institutional Services, Marionette-powered business can enjoy reduced collection fees across blockchains and tokens as optimized by WhiteBit.

  • Withdrawal Processing (Completed): For nodes managed by WhiteBit Institutional Services, Marionette-powered businesses process withdrawals on accounting ledger, while WhiteBit processes the transaction. Marionette-powered businesses have the ability to control the Withdrawal Processing Fee independent of WhiteBit.

Please see this article on our Marionette.dev FinTech Software Medium blog for how this integration impacts businesses using Marionette: https://marionette-dev.medium.com/marionette-dev-a6f3921e847f

IMPORTANT NOTE: Marionette has not shifted become agnostic to WhiteBit for Node Management. Marionette-powered businesses are free to define, mix and match node management options between self-hosted, 3rd-party service hosted and WhiteBit hosted nodes.

2. In our latest update the KYC (Know Your Customer) process by integrated with the Sum Sub KYC service through API calls.
   Here's how these enhancements elevate user experience:

   1. Seamless KYC Flow: We've completely overhauled the KYC process, ensuring it's now intuitive and smooth. Users can effortlessly navigate through verification steps, reducing friction and making the process user-friendly.

   2. Comprehensive Document Upload: Users can now upload both the front and back sides of their chosen identification documents. This thorough verification process ensures compliance with regulations and enhances authentication.

   3. Enhanced Security with Selfie Upload: Adding an extra layer of security, users can upload a selfie for further authentication. This measure not only prevents identity fraud but also boosts overall verification security.

   4. Automated Verification: Integration with the Sum Sub KYC platform brings automated decision-making to user verification. This streamlines the process, allowing users to fulfill KYC requirements swiftly and efficiently.

   5. Increased Withdrawal Limits: Upon successful profile verification, users' withdrawal limits are automatically elevated. This grants users greater flexibility and access to platform features, enriching their overall experience.

These upgrades signify a substantial leap forward in the KYC process, reinforcing security measures while enhancing user convenience and accessibility. The integration with Sum Sub KYC platform ensures seamless and efficient verification, fostering trust and confidence in our platform among users.

Admin Panel Changelog

Improvements 🏆

We've made significant improvements to Puppeteer, focusing on enhancing workflows and permissions for employees:

1. New Workflows: We've introduced a streamlined process for creating and managing workflows directly within the platform. Users now can effortlessly create, edit, and track workflows, boosting efficiency and productivity across the board.
   

2. New Permissions: Our latest update includes new permissions tailored for employees, distinguishing between requesters and approvers. Requesters can initiate workflows and submit requests, while approvers hold the authority to review, approve, or reject requests. This hierarchical structure ensures effective workflow management and accountability.
   

3. Initial Components for Workflow Edits: To further empower employees, we've added new initial components for editing workflows. These components offer customizable templates and tools, enabling employees to tailor workflows to their specific requirements with ease. This feature simplifies the workflow creation process and facilitates rapid customization according to evolving business needs.

With these enhancements, Puppeteer delivers a more robust and user-friendly experience for managing workflows and permissions. Upgrade now to leverage these improvements and streamline your business processes effectively.