Why Should Enterprises Adopt Blockchain For Digital Assets In 2022-23?
The digital asset industry is booming and is only going to continue to grow in the coming years. As businesses…
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We are proud to have a Blockchain development team who are experts in diverse Blockchain development technologies like Solidity, dApp, Stellar, etc. Our Blockchain development specialists hold relevant knowledge about the following core technologies:
For the past 17 years, our team’s domain knowledge and expertise have enabled us to develop high-quality software for diverse businesses from different industries and of different sizes.
From startups to big enterprises, development organizations to digital agencies, and SMEs to Governments, we cater to all their varied software requirements. Our commitment to quality has enabled us to lead the market, becoming the top software development service company.
Blockchain is a distributed database that maintains a continuously growing list of records called “blocks.” Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. The blocks are linked with cryptography to create an unalterable record of transactions.
The blockchain database is constantly growing as “miners” compete to add new blocks to the chain. To be successful, miners must solve complex mathematical problems. When they solve a problem, they are awarded a cryptocurrency that fuels the blockchain network.
Bitcoin, Ethereum (ETH), and Litecoin (LTC) are some of the popular cryptocurrencies.
Blockchain technology uses encryption to create a secure record of transactions. Transactions are grouped into blocks, chained together using cryptographic keys, forming an unalterable ledger. Each block contains a timestamp and hash of the previous block, creating an immutable record of transactions. Blockchain technology is ideal for tracking and tracing the provenance of goods and assets.
Blockchain technology has a variety of potential applications, including:
Asset management: Blockchain tracks the provenance of assets, making them more secure and transparent
Gaming: Blockchain technology creates secure gaming platforms that eliminate fraud and cheating
Trading: Blockchain can be used to create a transparent platform for trading assets and cryptocurrencies
Credit scoring: Blockchain secures loans and credit products
Cryptocurrency: Blockchain technology creates secure and decentralized cryptocurrencies
Blockchain technology is growing in popularity, with businesses and individuals looking to leverage its capabilities for various purposes.
Before getting started, it is important to understand blockchain and why it might be useful for your project. Its distributed database allows for secure and transparent transactions between parties. The technology was first developed to secure bitcoin transactions but has since been widely used in other areas.
Now that you understand blockchain, the next step is to determine what application you would like to build on top of it. There are a variety of options available with endless possibilities
Some common applications include smart contracts and decentralized applications (dApps). A smart contract is a set of rules that govern how a transaction will occur between two parties. For example, let’s say you want to create an app that allows users to rent their extra room using blockchain technology. In this case, you would create a smart contract specifying all the rental agreement terms, such as the rental rate, amount of security deposit required, etc. Once the contract is created, both the tenant and landlord can access it using the blockchain.
A dApp is an application that runs on top of a blockchain. DApps are similar to traditional applications because they allow users to access and use services. However, dApps are built using blockchain technology, which allows them to have decentralized control over their data. dApps are immune to the censorship and fraud issues that often plague traditional applications.
Once you have decided on the application you would like to build, the next step is to develop a prototype. A prototype is simply a version of your project that allows you to test your application’s work before you release it to the public. You can develop a prototype using any platform or programming language you want, but it must be easy to use and understand. Once you have a working prototype, you can begin testing it with potential users.
If everything goes according to plan, you will be ready to release your project to the public. Remember, blockchain technology is still in its early stages, so there are likely some kinks that need to be worked out before your project is ready for prime time. However, if you take the time to research and prepare properly, releasing a blockchain project should be relatively easy.
With us, you can choose from multiple hiring models that best suit your needs
It is an expert autonomous team comprising of different roles (e.g. project manager, software engineers, QA engineers, and other roles) capable of delivering technology solutions rapidly and efficiently. The roles are defined for each specific project and management is conducted jointly by a Scrum Master and the client's product owner.
Suitable for every scale of business and project, team augmentation helps add required talent to you team to fill the talent gap. The augmented team members work as part of your local or distributed team, attending your regular daily meetings and reporting directly to your managers. This helps businesses scale immediately and on-demand.
When project specifications, scope, deliverables and acceptance criteria are clearly defined, we can evaluate and offer a fixed quote for the project. This is mostly suitable for small-mid scale projects with well documented specifications.
Time & Material Model:Suitable for projects that have undefined or dynamic scope requirements or complicated business requirements due to which the cost estimation is not possible. Therefore, developers can be hired per their time.
All our custom projects are covered under the Non-Disclosure Agreement. However, we have taken permission from some of our clients to showcase their projects so that you can get a better understanding of our work.
It performs block verification by using our Proof of Travel (PoT) consensus mechanism. Our blockchain provides exclusive access for its...
A platform that allows users to control the volatility of the digital assets market needs to be developed.
It is a blockchain-based crowdfunding platform where fundraisers/project posters can create a fundraising project to raise funds.
By using the solution, you can review and manage your existing business model to assess the transactions where assets are...
We at ValueCoders come up with write-ups that enhance your knowledge and give you detailed information about the latest happenings in the IT industry. Our experts constantly research new IT tools and make write-ups for our valuable customers.
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Here are answers to some questions related to Blockchain development services that our clients frequently have in their minds
ValueCoders consists of a team of highly experienced Blockchain developers and makes the perfect choice for your Blockchain or Crypto business for multiple reasons, as mentioned below:
If you are looking for Blockchain development services, ValueCoders is worth considering.
The cost of Blockchain app development depends on multiple factors, such as-
For more clarity on the cost, you can contact us here.
At ValueCoders, we provide comprehensive Blockchain development services that help our clients achieve their business goals. Our experienced Blockchain professionals are adept at using the latest Blockchain tools and technologies to deliver high-quality results.
We focus on helping our clients achieve their desired levels of quality while reducing their overall product development costs and time-to-market. We start by analyzing your needs and requirements to develop a custom testing solution for your project. Every project needs a tailored approach to ensure the highest quality.
Next, our team executes the development plan flawlessly using advanced Blockchain tools.
We work closely with our clients to understand their specific needs and tailor our services to meet them. We take feedback and incorporate changes. Our goal is always to help our clients improve their quality to compete in the marketplace better.
When selecting a Blockchain development company in India, it is important to consider its experience and expertise. The company should have a strong understanding of the latest trends in the Blockchain industry.
Additionally, it is important to review the company’s work portfolio to understand its expertise. A review of their previous works will help determine if the company has experience with the type of app you want to create. You should also ask for references from past clients to get feedback on the company’s work.
In short, the company should have:
1) Minimum 5-10 years of industry experience
2) Experience in building at least 100+ apps
3) A team of over 20 Blockchain technology experts
4) Clients in over ten countries
If you are looking for cost-effective quality delivery, it is better to go for an Indian Blockchain development company like ValueCoders.
We have worked for SMEs, enterprises, ISVs, and digital agencies. We have served clients in healthcare, education, retail, publishing, FMCG, and real estate. Our clients are top and budding companies from North America, Europe, Africa, the Middle East, and the Asia Pacific. ValueCoders has helped some tech-enabled firms get customized software development.
We generally follow a three-step process: scope understanding, technical discussion, and documentation.
For developing distributed applications, blockchain technology is the best choice for businesses. Blockchain development companies have the experience and expertise necessary to take advantage of all that this evolving technology has to offer.
Some advantages of choosing a blockchain development company include:
We are grateful for our clients’ trust in us, and we take great pride in delivering quality solutions that exceed their expectations. Here is what some of them have to say about us:
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