Featured

What is Blockchain Development?

Blockchain technology may be a new name for readers but experts have a strong opinion that because of this technology we can witness a huge change in the field of technology. Thus, different companies are looking for good opportunities in the field of Blockchain Application Development. Blockchain is a new technology so, most people are not aware of this new development. If you are one of those who want to have a lot of knowledge of technology, just keep reading the information provided below.
www.trivago.com
What does Blockchain mean?

Blockchain acts like a digital ledger where transactions are made using Bitcoin or cryptocurrencies. According to Blockchain experts, this technology provides a completely secure way to create or record all transactions, agreements or contracts. In addition, Blockchain is valuable for everything it takes to validate and maintain a secure digital ecosystem.
hotels flights
From the initial starting point of the network, the database is shared between multiple users attached to access information on all transactions. The total size of the network will vary according to the number of users which can be two or three users or it can be a group of hundreds of users.
fly spirit
What is the use of Blockchain Technology?

Experts have been trying to use it for more than one purpose and today, the most visible and prominent use of Blockchain technology is Bitcoin. Bitcoin has been helping people engage in financial transactions since 2008. In addition, experts are looking for ways in which the same technology can be used to resolve or reduce security, controversy or trust issues.
sw airlines reservations
How to use it?

A special computer software is used to create the blockchain to automatically share the database information when there is a new transaction. A blockchain has blocks that are hashed or encoded batches of transactions. Each code, with the hash of the block in front of it, connects the two and forms the chain as a Blockchain. This process requires validation of each block to ensure the security of the entire database.
deltaairlines
Why do we need Blockchain Development?

As mentioned above, Blockchain strives to make the technology more useful for people who need to maintain an undisputed record of transactions. Blockchain technology provides ultimate clarity and transparency and can be used as an effective tool against corruption cases.
continental flights
With the help of Blockchain technology, all transactions take place in a secure environment where all details are encrypted to create a unique transaction number and this number is recorded in the ledger as a placeholder. . In this case, not all users will be able to see the transaction details. However, the network will know the transaction. This process limits any changes to a fraud because the person with the malicious plans must have access to every computer on the network to make changes to the database.
frontier flights
Due to the growing importance of Blockchain development, many individuals or organizations are looking for a reliable and trustworthy Blockchain Development Company.
priceline flights

Featured

Top 5 Blockchain Projects in the Telecom Sector

  1. DENT (DENT):

DENT is a blockchain -based platform that works to create a global marketplace that allows everyone to buy and sell mobile data packages. DENT’s mission is to tokenise, liberate, and democratize mobile data and bandwidth. The company has created a marketplace and a mobile application that allows the purchase and sale of mobile data packages through the use of blockchain technology.
united airlines reservations
The platform works on an Ethereum-based blockchain and creates a transparent and easy data pricing landscape.

How does it work?

Working on the DENT platform is simple. All users registered in the DENT network should exchange their existing mobile-data packages for one that is more convenient and economical for them. This platform will allow end-users to easily interact with the telecom industries and thus lead to an improved transparency and usability of mobile data.
allegiantair.com flights
Associations

The DENT network works successfully around the world through its partnerships with many telecom industries.

In the United States, the company has partnered with AT&T and Verizon, in Mexico with Telcel, Nextel, and Movistar, in Brazil with Oi and Vivo, in Bangladesh with Airtel, Robi, Grameenphone, and Banglalink, in South Africa with Vodacom , MTN, and CellC, in Morocco with Orange, Moroc Telecom, and Inwi, in Spain with Vodafone, Orange, and Yoigo, in Singapore with M1, Starhub, and Singtel, in Sri Lanka with Airtel, Etisalat, Mobitel , Hutchison, and Dialog, with Claro in Puerto Rico and Claro Costa, Tigo in Guatemala, and Du in the UAE.
tralivo.com
Road map

Launched in 2017, the DENT network has successfully managed to become the premier blockchain-based telecom project with 3.5 million users worldwide. In the 3rd and 4th quarters of 2018, the company aims to increase partnerships with multiple countries and operators and list multiple crypto exchanges.
delta air
For 2019, the company aims to launch worldwide Voice Calling and SMS services, video calling, retail data rewards, and to reach 15 million users in 70 countries by the end of Q2 2019 .

Token Value Information

Total Supply: 100,000,000,000 DENT

Circulating Supply: 17,241,387,101 DENT

Market Cap: $ 44,036,974 USD

ICO Price: $ 0.000639 USD

Current Price: $ 0.0025 USD

  1. QLINK (QLC):

Now known as QLC Chain, Qlink is the first public blockchain for a decentralized network. QLC Chain envisions a system where users can purchase connectivity from their peers. That is, renting access to someone’s Wi-Fi, selling unused data to other users, and receiving a cell signal from someone’s home base station.

In a broader sense, the project is working to build a Network-as-a-Service infrastructure that will implement smart contracts to facilitate dapps and other network features and functionality.

The QLC Chain network is trying to solve the problems of over -supply network capacity, lack of supply network access, centralized operation etc. by decentralizing the market for telecommunications and connectivity.
all inclusive packages
How does it work?

With the QLC Chain platform, anyone from anywhere in the world will be able to operate a small base station from their home providing cell service in their surrounding area. Each time a user connects another user’s base station, a small percentage of their fee will be given to the base station operator.

The platform also accommodates advertisers who can pay to include their content in the Qlink network.

Associations

The QLC Chain team has partnered with more than 40 telecom operators from around the world to provide decentralized mobile data services to up to 6 million of its customers. The network also has a partnership with NEO because it is built on the NEO blockchain. Other network partners include Binance, Ontology, Block Array, Centntro, and intop.
airline tickets
Road map

Launched in December 2017, QLC Chain aims to develop a standard Wi-Fi sharing protocol and an E2P SMS application. The end of Q2 2018 saw the growth and deployment of data access and distribution across the Public Chain.

By the end of Q4 2018, the network will launch QLC Public Chain on Mainnet and integrate with IPFS.

Token Value Information

Total Supply: 600,000,000 QLC

Circulating Supply: 240,000,000 QLC

Market Cap: $ 12,239,064 USD

ICO price: $ 0.352 USD

Current Price: $ 0.050 USD

  1. TELCOIN (TEL):

Telcoin is the first crypto currency working to improve interactions between mobile telecom and blockchain technology. It is built on the Ethereum blockchain and can be used to pay anywhere provided they know their mobile number.

Telcoin is a crypto currency to be distributed only by GSMA mobile network operators.

How does it work?

Telcoin will be distributed to mobile network operators who will further sell it to their customers. This will facilitate efficient remittances, access to crypto currency, and crypto-backed card payments.

Work on the platform starts with end-users who, with their crypto wallet fully integrated with the Telcoin API, have access to multi-sig wallets with three private keys. Telcoin will keep a record of users ’mobile phone numbers, their public key, and an encrypted private key.

Telcoin provides a cheaper and faster way to send and receive money and even people without a bank account can easily use Telcoin.

Partnership and Roadmap

The Telcoin network was launched in 2017 and it is working until 2018 Q1 by identifying its potential partners around the world. In Q2, the company implemented partnerships with telecom operators in Europe, South Africa, and Japan. In the same quarter, it also launched applications for any necessary permits in India, Pakistan, the United Kingdom, Indonesia, and other key markets.

In 2018 Q4, the Telcoin company will exit Japan followed by serving remittances in Europe, East Asia, Africa, and Southeast Asia in 2019 Q1.

Token Value Information

Total Supply: 100,000,000,000 TEL

Circulating Supply: 32,034,497,783 TEL

Market Cap: $ 20,304,392 USD

ICO price: $ 0.0071 USD

Current Price: $ 0.00063 USD

  1. BUBBLETONE (UMT):

BubbleTone is a blockchain -based telecom project that works to eliminate roaming. The platform connects mobile network operators and end-users around the world in a blockchain-driven marketplace. The project gives traveling users the freedom to become legitimate local customers of any foreign land operator in any country they travel to without having to replace their sim cards.

With BubbleTone, users have the opportunity to call and use data -based services around the world at local prices with a direct connection to local operators. As for operators, this platform provides the opportunity to travel around the world without having to indulge in any complicated network interactions.

How does it work?

BubbbleTone aims to eliminate the problem of international roaming that incurs unnecessary costs for telecom operators and users. With the BubbleTone blockchain, travelers can easily become verified local customers in the country they are traveling in without having to replace their SIM card.

The platform also has its mobile application leading its market that connects subscribers and local network operators around the world.

The network is powered by UMT (Universal Mobile Token) which is used in smart contracts to make transactions. This token can also be used to top-up the user’s balance to pay for the telecom services of their choice.

Associations

BubbleTone now partners with Crypto Vallley, REVESystems, CountryCom, Multi Digital Services, ShoCard, and IDEMIA. Also, the company has partnered with telecom providers in more than 80 countries to provide a seamless travel experience to users.

Road map

The initial version of the smart network contracts is ready in 2018 Q1. Q2 saw the Web-API for integrating mobile operators and service providers in more than 80 countries. By the end of 2018 Q3, the company seeks to receive an International Telecommunication Union approval followed by expanding the list of mobile operators and service providers they work with in 201 Q4. In 2019 Q1, the company will sign agreements with all operators and launch the first prototype of a global SIM-chip to be embedded in mobile devices.

  1. BLOCKSIMS (SIM):

BLOCKSIMS is a decentralized payment gateway that works to solve problems related to traditional telecommunications through blockchain technology. The platform aims to completely eliminate the fee borne by data and voice service providers and provides users with rewards and fees generated through digital advertisement.

The platform works to facilitate the smooth distribution of information by developing new revenue channels thus eliminating the need for intermediaries in the telecommunications process.

The BLOCKSIM platform uses the Ethereum blockchain to offer a level of transparency while encouraging users to adopt and use the platform.

How does it work?

BLOCKSIM has partnered with leading telecom industries around the world and made available international SIM cards through its SIM token. It will provide BLOCKSIM users with unlimited voice and data services worldwide and users will receive incentives of up to $ 100 USD.

Each SIM token holder has a BLOCK SIM that can be valid for life including unlimited and free data and voice services.

Partnership and Roadmap

BLOCK SIM and SIM Token were conceptualized in April 2017 followed by R&D which ended with the launch of BLOCKSIM ICO in March 2018. The ICO was completed in April 2018 and come in October, the world will see the introduction of BLOCK SIM with mobile application for Android and iOS. The company aims to have at least 15% of the world’s telecommunications users on the BLOCK SIM card by 2020.

Featured

3 Strong Grounds for the World of Digital Currency – Cryptocurrency

Welcome to the “crypto” world!

– A Blockchain technology domain

– A cryptocurrency market

– A closet of the Bitcoin payment system.

So, here’s the trend or you could term it a “digital currency world” with a good move to step up the game.

If you avoid Bitcoin and cryptocurrency today, then, you will fall into a bad ditch tomorrow. It’s really the present and future money that doesn’t know how to stop the moves. From its inception until now, it has grown and helped many individuals around the world.

Whether Blockchain is the recording of transactions or Bitcoin system for managing the entire payment structure or Erc20 token wallet to know the rules as well as policies for Ethereum token- it all comes together and goes in the bag the glow of the world’s money.

Very nice, isn’t it?

In addition, with the advent of such a successful currency mode, many companies would love to be a part of this game. Basically, it’s all about helping businesses or organizations get Blockchain technology or cryptocurrency without a problem through a reliable Blockchain development company. With a lot of knowledge and potential, these companies are leveraging this money and playing an important role in the digital economy.
prices.org
In just a nano-second, let alone if we think that cryptocurrency will no longer exist, what will happen?

Maybe, time will counter-attack your mind!

First launched by Satoshi Nakamoto, Bitcoin was the colonizer and from the start, a new digital currency has evolved with a spectrum of good things.

So, the question arises- will the development of cryptocurrency or the origin of this cryptocurrency development company disappear or remain until the end?

Admittedly, it is not possible to predict the future, but we can say that cryptocurrency or Erc20 or Blockchain or Bitcoin wallet Development Company is there with the same enthusiasm and excitement to give a hand to verticals and business organizations.

John Donahoe, the former CEO of eBay said- “Digital Currency can be a very powerful thing.”

And, it proves to be very accurate, as time goes by.

In fact, it has some valid criteria behind the success of this concept.

Proof of Fraud:

With cryptocurrency, the blockchain is involved. That is, every transaction is recorded in this public ledger, avoiding any fraud. And, all identities are encrypted to combat identity theft.
sand price
Erc20 takes care of all the rules and protocols, so there is no violation of the rules and regulations. If you have, don’t forget to contact the Erc20 development company and develop it within the rules.

You are the only owner:

There is no third party or other assistant or electronic system to evaluate what you do. It’s just you and your client who maintain the end-to-end experience. Isn’t this a good concept?

That is, the settlement is quick and it’s all between you and your vendor without any further interference. At the end of the day, this is your call.

Dali Maduol:

The Internet does everything that is accessible and at your fingertips. It plays an important role in the digital currency market or exchange market. You will have a better option for exchanging money instead of using traditional and time -consuming methods. And, a strange way to be known as an enthusiast in the cryptocurrency sphere.

If you are a business owner and expect to receive cryptocurrency in your zone, always keep a determination shot. Approaching a reliable dealer or cryptocurrency exchange advisor discusses everyone opening all the cards and then hitting the ball on the court.

How Blockchain Can Re-Invent the Global Supply Chain

After it emerged in 2008, the technology behind the world’s most popular crypto-currency, Bitcoin, took to court on the sidelines, attracting attention mostly from startups and the financial services sector. However, it has only recently started to receive a lot of attention as companies are slowly realizing that it can be valuable for many other things besides tracking fees.

Simply put, a blockchain is a distributed ledger that organizes transactions into blocks. Each block is chained to its first, using sophisticated mathematics, until the first transaction. Entries are permanent, transparent, and searchable, enabling community members to view transaction histories in their entirety. Each update consists of a new “block”, added at the end of the “chain”-a structure that makes it difficult for anyone to change records at a later stage. The ledger allows information to be recorded and shared between large groups of unrelated companies and all members must collectively validate any updates – which is in everyone’s interest.

To date, a lot of attention and money has been spent on financial application for technology. However, a similarly promising test case exists in global supply chain relationships, whose complexity and diversity of interests impose the exact types of challenges this technology seeks to address.

A simple application of the blockchain paradigm in the supply chain can register the transfer of items in the ledger, because the transactions identify the parties involved, as well as the price, date, location, quality and condition of the product and anything else. information that may be relevant to supply chain management. The cryptography -based and unchanging nature of transactions make it almost impossible to compromise the ledger.

Today, many startups and corporations are deploying the blockchain to reinvent their global supply chain and run their businesses more efficiently:

1. For Maersk, the world’s largest shipping company, the challenge is not to keep track of the familiar rectangular shipping containers that sail the world aboard cargo ships. Instead, it revolves around mountains of papers attached to each container. A container may require stamps and approval from up to 30 parties, including customs, tax officials and health authorities, spanning 200 or more interactions. While containers can be loaded onto a ship in minutes, a container can be left in port for days because a piece of paper is lost, while the contents are damaged. The cost of moving and tracking all of these papers is usually equal to the cost of physically moving the container around the world. The system is also rife with fraud because the valuable bill of lading can be altered, or copied, allowing criminals to siphon items or circulate counterfeit products, leading to billions of dollars in fraud. sea ​​every year.

Last summer, Maersk sought cooperation from customs authorities, freight forwarders and producers filling containers. It has begun running initial trials of a new digital shipping ledger with these partners, for shipping routes between Rotterdam and Newark. After signing a document, customs authorities can immediately upload a copy of it, with a digital signature, to everyone involved – including Maersk itself and other government authorities – it appears to be complete. If there are disputes later, everyone can go back on the record and be confident that no one is changing it in the meantime. The cryptography involved also makes it difficult for virtual signatures to be forged.

The second test traced all paperwork related to a container of flowers moved from the Port of Mombasa, in Kenya, to Rotterdam, in the Netherlands. While both trials went well, Maersk followed suit by tracking containers with pineapples from Colombia, and mandarin oranges from California.

2. Like most retailers, Wal-Mart, struggles to identify and eliminate food that needs to be remembered. If a customer is ill, it can take several weeks to identify the product, shipment and seller. To address this, it was announced last year that it would begin using the blockchain to record and log the origin of products – important data from a receipt, including suppliers, details of how and where the food was grown. and who is examining it. The database extends the information from the pallet to the individual package.

It provides the ability to instantly find out where a dirty product is coming from in minutes versus days, as well as capture other important attributes to make an informed decision about how to clean it. flow of food.

Wal -Mart, has already completed two pilot programs – the transfer of pork from Chinese farms to Chinese stores, and the production from Latin America to the United States – and is now confident that a finished version can be installed for several years.

3. BHP relies on vendors at almost every stage of the mining process, contracting with geologists and shipping companies to collect samples and conduct analyzes that drive business decisions involving multiple parties. distributed throughout the continent. Vendors typically track rock and liquid samples and analyze using emails and spreadsheets. The missing file can cause huge and costly headaches because the samples can help the company decide where to drill new wells.

BHP’s solution, which started this year, is to use the blockchain to record the movements of wellbore rock and fluid samples and better ensure real-time data is generated during delivery. Decentralized file storage, multi-party data access and immutability as well as easy access are all aspects that can improve its supply chain.

BHP now requires its vendors to use an app to collect live data-with a dashboard and options on what to do to master their respective jobs. A technician taking a specimen can include data such as time of collection, a lab researcher can add reports, and everything is immediately visible to everyone with access. No more missing samples or messy messages. While some process elements are similar, the new system is expected to drive internal efficiency while allowing BHP to work more effectively with its peers.

Currently, in most early deployments, blockchain runs similar to today’s systems in companies – often older databases or spreadsheets such as Microsoft’s Excel. The hardest part is creating new business models. Deploying blockchain enterprise-wide means that companies often have to scrap their business processes and start from scratch. An effort not for the faint of heart.

Facebook Raises Blockchain Division With New Chief

Technology giants are exploring the blockchain and Facebook will not be left behind. The company has reportedly hired one of its senior engineers, Evan Cheng, as Director of Engineering for the new blockchain division.

Strengthen the blockchain division

In May, Facebook Messenger chief David Marcus, announced he would leave the post to help the company explore the uses of blockchain technology.

“I put together a small group to find out how to best use Blockchain across Facebook, starting from the left,” Marcus announced via a post on his Facebook page. It came months after Facebook CEO Mark Zuckerberg announced that he had already begun exploring the possible use of cryptocurrencies for Facebook. Blockchain is the underlying technology behind the cryptocurrencies Bitcoin is famous for.

Joining Marcus today is another senior engineer at Facebook.

Get serious about the blockchain

Now that one of its senior engineers has moved into the blockchain division, the social networking giant looks more serious than ever. Evan Cheng’s LinkedIn profile supports his move as he became Director of Engineering for Blockchain recently. Previously, Cheng was known as the head of Programming Languages ​​& Runtimes for Facebook. He has been in office for three years.

Prior to that, Cheng was with Apple and worked as Senior Manager for Low Level Tools. He also has experience in back engineering and compilation technology. Cheng’s track record shows him tweeting about the blockchain. In addition, he previously served as divisor to several blockchain startups/projects such as ChainLink and Zilliqa.

“That means [Cheng’s promotion] not just an exploration project, “TechCrunch quoted a source who monitors the blockchain space. According to the same source, Cheng’s placement in the blockchain division means the project is important because he knows a thing or two about scalability and performance.

In the first quarter of 2018, Facebook had more than 2 billion monthly active users worldwide, making it a likely target of security threats for the large amount of valuable information it currently holds. In recent news, the company has been implicated in various data breach scandals where data from 87 million Facebook users was collected and used in political campaigns. Despite this, the number of monthly users still increased by 13 percent compared to the first quarter of 2017. Seeing the significant impact of social media on society today, it is time for Facebook and similar social networking sites to find ways to protect their users from unscrupulous manipulation.

Facebook’s move to explore the blockchain could be one of the steps to address these problems. With a decentralized and unalterable blockchain design, it is ideal for streamlining processes as well as strengthening security for data management in many industries.

Using Blockchain Technology Company for Trade Finance

One of the most lucrative industries for blockchain technology is trade finance. Many of the world’s largest banks take the time to research and develop them.

Thanks to a consortium of 71 global financial leaders, R3CEV, much has been discovered about the potential use of blockchain technology.

Since 2016, R3 has implemented several pilot runs in the market to complete their research. They will continue to develop these strategies until they are ready to fully enter the market.

So, what are some of their potential uses? Here is the future of trade finance for blockchain technology companies.

Real-Time Status and Condition Monitoring

One of the members of R3, the CBA, is a leading contributor to blockchain technology research. Currently, they are going through 3 different blockchain usage analysis projects.

They are conducting a trial run on exporters who ship cotton. A humidity monitor is placed inside the canister, which is connected to IoT and GPS.

This monitor allows consumers to track their shipments with real-time status. Also, they will be able to evaluate the condition of their product as it passes.

Other national blockchain technology companies are running pilots, similar to this study. In Singapore, Hellosent conducted similar tests. However, they studied the import of French wine.

Remove the Unpaid Settlement

A growing issue for grain farmers is a financial loss due to trade insolvencies. An estimated $ 50 million was lost in 2014 due to this activity.

It takes about 4-6 weeks for a farmer to receive payment for their freight. That said, there is often a conflict between farmers and buyers due to payment complications (failure to pay the correct amount, late payment, etc.).

The Australian startup, Full Profile, is managing things in their own hands.

Their blockchain platform allows farmers to now receive automatic payment for the delivery of grains. This will greatly reduce the risk of disputes between farmers and buyers.

If the Full Profile application is fully applicable in a local setting, they will expand into external trade.

Digitize

The use of blockchain technology can also be beneficial in reducing financial loss and risk. With further development, it will be able to digitize sales and legal arrangements.

Trade finance is an unusable industry, relying heavily on settlements and contracts. Currently, most of these agreements are handled in the traditional way: paper copies.

Blockchain technology will eliminate the need for this paper -based system. This ultimately reduces the risk of financial loss because documents are often lost, mismanaged, or damaged.

Electronic documentation can be tracked more efficiently. Also, it cuts down on the need for a third-party verification system.

Interested in Learning More About Blockchain Technology Company?

Blockchain technology creates transparency in financial transactions between buyers and sellers. From the moment an order is placed until payment is made, the blockchain is able to simplify the trading process.

Are you looking to jump into the world of international trade? You are in the right place. Nice to know your thoughts and comments.

Enterprise Blockchain Solutions: What Can They Do For Your Business?

Despite the popular conviction that blockchain technology is only designed to make cryptocurrency transactions and earn bitcoins, the blockchain continues to make its way into many areas of life: social media, gaming, healthcare, real estate, and etc. The technology seeks to improve work efficiency, cut costs for businesses and improve the customer experience.

Blockchain can be defined as a digitalized database and it belongs to digital ledger technology (DLT), which means there is no central data store or administrative functionality. Why is this an advantage for a business? Decentralization combined with transparency, gives each participant and opportunity to view all recorded data, ensure its security and track important information.

Here are the areas where the blockchain has already entered and proven that this technology is worth trusting.

Supply chain management, for example, is a major but weak part of the workflow of many companies. The parties involved in the process often do not interact directly with each other and still apply paper methods to collect and store information. Blockchain offers complete removal of papers: the flow of documents can be automated, digital certification is also used. Above all, every authorized member of the supply chain can track the product from the manufacturer to the consumer and prevent counterfeit distribution.

Many American marketing giants who have encountered food -borne illnesses and increased food memory, are implementing blockchain technology into their food supply chains. In the past, tracking a product took a minimum of 7 days, and nowadays the origin of a food can be identified in seconds.

Thus, blockchain solutions make the recall process faster, more efficient, and cost -effective. Meanwhile, customers are also experiencing blockchain adoption in their hypermarkets. At Walmart’s Chinese stores, for example, they can scan the QR code and get all the information about the product: from the farm location to the inspection certificates.

Healthcare is the field where blockchain-based solutions are establishing themselves as a more secure and transparent way to store electronic health records (EHR). Physicians and patients will receive permission to access the records and use them as needed. At the same time, blockchain solutions are driven by intelligent contracts that allow the protection of the privacy of EHR data. Health care equipment and clinical research data is encrypted, insurance can also be enforced and stored. Another case of use is prescription drugs and control of the equipment supply chain.

E-commerce is especially in need of blockchain technology. Once again, the supply chain is an important aspect here: monitoring items and managing supplies are always challenging tasks but the blockchain can help businesses manage their inventory more efficiently. Consumers who rely on their money and data in e-commerce organizations are concerned about data security and transparency but this issue can be addressed with the development of the blockchain. Even the slightest change in transaction is obvious in a blockchain, and tracking who is at fault is no longer a problem. It is also possible to make crypto payments.

The next area actually has to do with cryptocurrency transactions. DeFi, short for decentralized finance, not only includes the simple transfer of assets, but also addresses more complex financial use cases. The implementation of the blockchain contributes to the mediation process and, thus, reduces the cost. All transactions are encrypted and non-modifiable, multi-step authentication mechanisms make the system difficult to access for unauthorized members. Among the recent innovations is the opportunity to resort to P2P lending services and digital banking.

Social media has the potential to be affected by the blockchain as well. With its global popularity and the ability to connect with people around the world, social media is still vulnerable to account hacking, identity leakage and copyright infringement. To resolve the issues, the blockchain offers author rights protection, digital identity verification and an impartial license.

Real estate, eGovernance, the gaming industry and many more have joined the wave of blockchain adoption. If your business chooses innovation, entrust the implementation of the technology to one of the business blockchain companies that will create a DLT that will be proven in the future business for you. With blockchain, your business will change the rules of the game in your field.

Tips to Consider When Looking for a Blockchain App Development Company

Blockchain … It’s become ubiquitous: left, right, and center – we’ve heard about this technology everywhere. But it has earned its prominent merit: no one can cast doubt on the blockchain’s multifunctional performance, dexterity, and flexibility.

Now many blockchain application development companies are coming to their services and surely there are many experts in the market. If you have already decided to try and endorse the blockchain yourself, you need to consider a number of factors. The Internet is plentiful in a variety of sources and you will find many tips on how to choose the best blockchain app development company.

We decided to compile for you a list of the most relevant tips, which will reduce the pain of selection. Here we go!

  1. Choose a blockchain development company that offers consulting services. Often, companies like this are very knowledgeable in blockchain technology and provide you with all -inclusive, detailed, expert reports. They will let you know how you can benefit from implementing blockchain in your business. In addition, blockchain consulting companies are always on the latest trends and can advise you on using the latest solutions.

  2. Take a closer look at their website. Identify the company’s portfolio: the projects they deliver (their complexity, industry, technology stack, etc.). It is also advisable to pay attention to clients ’reviews. They often point out what makes the team unique among others, how quickly they deliver the project, what approach they use, and overall impression of the development and management processes. In addition, to get more details about the company’s professional competence, you can contact their clients directly to get their feedback.

  3. Don’t be cheap. Sure, development costs are significant and it’s OK if you want to consider the financial aspects. However, don’t look for the cheapest development service because you may be in a state of complete disappointment. It is better to fix the project budget at the beginning.

  4. Find a dedicated group. Sometimes you may be a little confused, frustrated, or even frustrated if you need to remind the team about the goals of your project or point out some mistakes that aren’t corrected and keep repeating. Let’s agree that you don’t need these misunderstandings. So find a company that will give you a dedicated team.

A dedicated team will simply work on your project, deliver it on time, provide you with all necessary updates, and arrange daily/weekly virtual meetings.

  1. Make sure the company provides support services. You should know that blockchain app development is not enough. It is a well-known phenomenon that all apps require ongoing support even after the deployment process is complete. Consider support services such as cloud hosting, live technical support, and bug fixing. A team of experienced developers will do their best to free your business from unnecessary trouble in the future.

So, I do. Next time when thinking about which blockchain application development company to choose, don’t forget the tips.

Wishing you the best of luck!