Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system.
Having rich experience across various industries, we can better understand clients needs and come up with unique solution which offers decentralize system which stores unaltered data in a safe and secure way.
Explore our offerings below
We have hands on experience in developing fully featured cryptocurrency wallets which offers a secure desktop and mobile support for all cryptocurrency related transactions.
Our team of Blockchain developers have working knowledge with digital signature mechanism like EDDSA and ECDSA along with familiarity with ERC20, ERC 721, and other relevant standards. We develop secure and proficient smart contract code to automate the execution of processes in Ethereum and Hyperledger Fabric.
Need a custom private blockchain network? our blockchain developers have experience in designing, building and testing blockchain based application and they deploy them using distributed applications frameworks such as Multichain, Meteor etc.
To ensure security and performance goals of blockchain infrastructure, our developers go for rigorous and thorough testing practices using testing frameworks like Exonum, Embark, Truffle, Populus,etc.
Our developers have proficiency in CSS3, AJAX, HTML5, JSON along with understanding of the cryptographic principles underpinning of Bitcoin 2.0 and Blockchain technologies which help in creating out of the box solutions.
Our team is well versed to build a decentralized applications using permissioned Blockchains like Hyperledger fabric and Multichain for various industries like retail, finance, healthcare, manufacturing, etc.
Our team can help in building enterprise grade blockchain solutions for banking clients.
Services include cryptocurrency payment integrations, development of applications in Know your customer (KYC) and anti money laundering laws(AML).
Our blockchain application services include blockchain wallet apps and exchange platforms for desktops, mobile devices, and browser apps. Our blockchain developers can program blockchain apps with robust security and encryption measures, including multi-signature confirmation.
Our Blockchain developers assists in building Crowdsale contracts which helps clients in moving forward in their unique sales process by issuing Cryptocurrency tokens. Our developers offers a secure support for all cryptocurrency related transactions.
Blockchain a public ledger or a distributed database of all bitcoin transactions. It is an open-source technology, information is immutable and anyone can access the details at any time. As Blockchain is a distributed ledger, there will be no control or central authority of records stored.
Anyone in the network can add the data and cannot be deleted or altered further. Usually, the blockchain stores the data in terms of blocks, and those blocks are linked together like a chain and will be encrypted for security. To validate the transaction here Blockchain uses Proof of Work Mechanism.
By eliminating the middleman, Blockchain permits the secure sharing of business processes like business activities, records and contracts between firms and partners in an encrypted manner. Blockchain Uses cryptography principle to store the data which are impossible to hack, duplicate and misuse.
The Transactions will be done on multiple computers in a chain, hence the records are very difficult to alter.
Blockchain is a Distributed database that maintains the details of each transaction in a series of blocks and those transactions will be added to the ledger in chronological order. The Stored transaction details in a block called genesis block.
1. Public Blockchain - It is a decentralized Open Source platform where anyone who has the internet connection can become a part of the blockchain network and can access current and past records and verify transactions. The purpose of a public blockchain is for mining and cryptocurrency exchanging.
Example: Bitcoin, Ethereum
2. Private Blockchain - It is a centralized platform with some restrictions and permissions to join the network. These Blockchains are usually used within an enterprise and organization. The purpose of private Blockchain is voting, supply chain management, digital identity, asset ownership, etc.
Example: Hyperledger, Corda
3. Hybrid Blockchain - It is a combination of both public and private blockchain. This Hybrid Blockchain gives businesses the flexibility to choose what data they want to make public and what data to keep private
Of course, it is possible. Even Though the public blockchain is open source, we can’t use it to store private records of a business or organization. So, we can leverage the open-source characteristics of the blockchain to build a private blockchain, and after the customization, A business can utilize it to store confidential business data.
Baas - Blockchain as a Service. Nowadays technology is being available as a rental, similar to that Blockchain-as-a-service gives the enterprises the ability to rent blockchain infrastructure in the cloud.
In Detail, the software and hardware required to run blockchain applications are completely provisioned, managed and hosted by the service provider. The Baas partner can build the blockchain network on any blockchain platform such as Ethereum, Hyperledger Fabric, Corda, Bitcoin, Chain Core, BlockApps or Quorum.
Somewhat a challenging question to answer. The Cost to Setup a Private Blockchain For a Business will vary based on the requirements, blockchain platforms, technologies, and tools we use. Use nearshore and Offshore Blockchain Development Services to cut short the cost. Talk to us and we can give you more clarity.
The codes in Blockchain will be embedded in Digital code and stored in a shared database that protects the data from deletion, tampering, and modification. Though Blockchain is a very influential technology, it is not entirely immune to attacks.
Consensus Algorithm, the core part of any blockchain network. This Consensus Algorithm is responsible for verifying the transaction, balance, and signature. There are different types of Algorithm, the most important implementations are Proof of Work (PoW) and Proof of Stack (Pos)
Proof of Work:
Producing a proof of work involves solving a mathematical puzzle, this puzzle is solved by the miners and the one who finds the solution will get the miner reward. The process of including the Blocks of blockchain needs high computing power and electricity
Proof of Stack:
The Proof of Stack replaces miners with validators, and ask validator to hold up certain coins as stake. In proof of stack, a validator can validate the transactions depends on the number of cryptocurrencies he/she holds. That is the more bitcoins you own the more bitcoin mining power you have.
Decentralized - No central authority to monitor, instead, all your activities will be stored in a public distributed ledger
Enhanced Security - All the Information on the Blockchain is hashed cryptographically that is the network will hide the input data through the mathematical puzzles.
Distributed Ledger - Every information about the transaction and participants are distributed to every node in the blockchain network.
Consensus Algorithm- This Consensus Algorithm is responsible for verifying the transaction, balance, and signature.
Blockchain, the Irrevocable technology having its flag of victory in various industries ranging from Solar Energy, Railway, Agriculture, Education, to Various Supply chains. Hence there is no restriction that only a particular industry should utilize Blockchain