The Blockchain is an incorruptible digital ledger of transactions that can be programmed to record not just financial transactions but virtually everything of value.
Blockchain is a decentralized network that is not controlled by a single entity and has no single point of failure. It establishes trust between non-intermediaries and provides transparency of the transactions.
A Smart Contract is an executable code that emulates the logic of contractual clauses. Blockchain technology has matured to a level of integrating Smart Contracts.
THAT DECENTRALIZES DATA IN A TRUSTLESS ENVIRONMENT
- Traditional ledgers are centralized and use 3rd parties and middlemen to approve and record transactions
- Blockchain safely distributes ledgers across the entire network and does not require any middleman
- The technology maintains multiple replicas like p2p torrent file sharing
Decentralization has great benefits & changes fundamental processes & models:
Allows industries to redefine or create new business models.
Highly secure and transparent, making it nearly impossible to change historical records.
Increases Efficiency and Speed
Simplifies transactions and enables T+Zero settlement time.
Increases Revenue and Savings
Potential savings and new revenue opportunities through more efficient processes and reduced costs.
We aim to strategize and simplify the adoption of Blockchain and Distributed Ledger technologies in your organization in the following areas.
Our team provides advisory to organizations looking for Blockchain strategy and adoption into their business process.
Our team of Blockchain developers is well versed in the development on the below Blockchain platforms:
Our team of Blockchain architects are well versed in designing and implementing Smart Contracts to automate various contractual clauses.
We provide Blockchain developer training for enthusiastic individuals.