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Building a Serverless Trading Platform Backend: SEBI Hackathon Project
BackendTradingFinTechServerlessSecurity

Building a Serverless Trading Platform Backend: SEBI Hackathon Project

A complete trading platform backend built with Hono.js and Cloudflare Workers featuring authentication, KYC compliance, and trading capabilities

September 1, 20258 min read

The Project

For the SEBI Hackathon, I built a complete trading platform backend using Hono.js and Cloudflare Workers. The platform includes full authentication, KYC compliance, and real-time trading capabilities. The entire backend runs on Cloudflare's edge network, providing global low-latency access while maintaining security and compliance with SEBI regulations.

Architecture

The system uses a serverless architecture:

SEBI Trading Platform Architecture Flow
  • Cloudflare Workers for API endpoints
  • Cloudflare D1 for database (SQLite at the edge)
  • Hono.js framework for routing and middleware
  • JWT for authentication and authorization
  • Cloudflare Queues for async processing

Key Features

The platform implements comprehensive trading functionality:

  • JWT-based authentication system with refresh tokens
  • KYC verification with PAN validation and document upload
  • Real-time balance tracking with transaction history
  • Buy/sell stock functionality with order management
  • Portfolio management with P&L calculations
  • Transaction audit trail for compliance
  • Fraud detection and risk management

Security Implementation

Security was a top priority:

  • Password hashing with bcrypt
  • JWT tokens with short expiration times
  • Rate limiting to prevent abuse
  • Input validation on all endpoints
  • SQL injection prevention with parameterized queries
  • CORS configuration for API security

KYC Compliance

The KYC system ensures regulatory compliance:

  • PAN card validation with government APIs
  • Document verification workflow
  • Identity verification checks
  • Compliance status tracking
  • Audit logs for all KYC operations

Trading System

The trading engine handles:

  • Order placement and execution
  • Real-time price updates
  • Portfolio valuation
  • P&L calculations
  • Order book management
  • Trade settlement

Performance

The serverless architecture provides:

  • Sub-50ms API response times globally
  • Automatic scaling for traffic spikes
  • 99.9% uptime with Cloudflare's infrastructure
  • Cost-effective operation with pay-per-use pricing

Lessons Learned

Building a financial platform taught me:

  • Security must be built in from the start, not added later
  • Compliance requirements shape the entire architecture
  • Serverless can handle complex financial workflows
  • Edge computing reduces latency for global users
  • Audit trails are essential for financial systems