Reinventing Factoring in Logistics with blockchain

The Client

MaxxChain Solutions is a Canadian startup determined to transform the factoring services landscape within the North American transportation and logistics sector. Founded by entrepreneurs with deep domain knowledge in both logistics and blockchain technologies, MaxxChain set out to offer a new kind of financial service for small transport operators. The company's core vision was to provide faster, more affordable liquidity options to truckers and small logistics companies through the use of blockchain and stablecoins.

However, while the founding team had strong business and domain expertise, they lacked the internal technology capacity to define and develop a secure, scalable software platform. That's where Neti stepped in.

The Business Landscape

North America's trucking industry is highly fragmented and dominated by small, often one-person companies. These operators frequently rely on factoring services to maintain liquidity and bridge the payment delays typical in logistics contracts. Traditional factoring solutions, however, are costly and offer little transparency or flexibility.

MaxxChain saw an opportunity to disrupt this outdated model using blockchain-based smart contracts and stablecoin settlements. The aim was to create a more transparent, low-cost financial system that would benefit both carriers and logistics companies. The market was ripe for innovation, but bringing a blockchain-powered product to life required deep technical expertise, regulatory awareness, and user-friendly design — a combination that MaxxChain needed help delivering.

The Challenge

The MaxxChain team understood the core problems faced by transport companies and saw the potential for blockchain to radically improve the factoring process. However, they faced several key challenges:

• They lacked the technical expertise to define the MVP's scope and system requirements.
• They needed a reliable architecture that would ensure performance, stability, and security.
• They sought a partner who could deliver the complete solution, from design through to launch, with an eye on regulatory compliance and real-world usability.

The Solution

Neti began by collaborating closely with MaxxChain to define the scope of the minimum viable product clearly. Once this scope was agreed upon, Neti proposed a robust architecture designed to ensure both security and scalability. Upon approval, full-scale development commenced.

To simplify user onboarding and enhance system security, Neti integrated authentication and identity mechanisms provided by Coinbase, North America's most trusted and regulated crypto exchange. This strategic choice allowed MaxxChain to hide the complexity of Web3 interactions behind familiar Web2 user experiences. For users, signing up and logging in felt as seamless as using any mainstream fintech app, despite the powerful blockchain infrastructure running in the background.

The final solution included a mobile application tailored to truck drivers and an administrative dashboard to manage system operations. The development process took just three months from start to MVP delivery.

The Results

Within 90 days, MaxxChain had a working MVP in hand — a full-featured mobile app for truck drivers, backed by a secure, scalable admin panel for operations. The team launched alpha testing with several friendly transportation companies, allowing them to validate assumptions and refine the product based on real-world usage.

Onboarding new users now takes just 10–20 minutes, thanks to an intuitive interface and a smooth login experience via Coinbase. This approach not only ensured compliance with key regulatory practices but also reduced friction for non-technical users unfamiliar with blockchain systems.

Moreover, by building on mature, verified third-party tools, MaxxChain ensured the platform met high reliability and security standards. The platform's alpha version is currently being used to test product-market fit, gather feedback, and generate interest from potential investors. The early momentum is promising and sets the stage for the next phase of product development and fundraising.

Conclusion

MaxxChain's journey illustrates how startups can bring bold, disruptive ideas to life even without in-house technical teams. With the right partner, it's possible to move from concept to secure MVP in a matter of months, without compromising on user experience or regulatory standards.

For startups looking to enter complex, regulated industries with emerging technologies like blockchain, the MaxxChain case shows the importance of combining strong domain vision with trusted technology execution. The result? A working platform that's already generating traction and setting the foundation for scale.