Empowering Safe Trade with the Blockchain
Blockchain has a huge potential to change the industry, and we already see it. With revolutionary technology, comes with a huge responsibility to choose the framework on which you will build your blockchain network properly.
Hyperledger is a blockchain framework intended to enable enterprises to develop a blockchain-based application. It is currently one of the most stable permission-based, general-purpose and enterprise-ready blockchain development platform.
Enterprises today are using the Hyperledger blockchain to boost market share, gain a competitive advantage, and reduce risk of operations.
They are looking to work on strategic projects that help solve specific industry-oriented issues.
The extreme security, interoperable nature, modular design, high-end API support and cryptocurrency-agnostic design architecture of Hyperledger are the core reasons for its use across numerous industry verticals such as banking, healthcare, government, supply chain management, media, entertainment, and information technology.
Why the Blockchain?
Here’s why Hyperledger Fabric could be the best choice to build your enterprise blockchain network.
With a distributed ledger system, you can ensure that records can’t be manipulated or faked, and you create visibility for all parties involved without needing to trust a central authority or government. It allows trust between entities that otherwise would not trust each other.
The immutable distributed ledger improves transparency and trust between suppliers and the production team, which can quickly resolve disputes and save significant amounts of money. Resolving disputes can be expensive, adding 12-15 per cent of the cost. Blockchain-enabled applications can reduce the cost of dispute resolution by 30-50 per cent.
Blockchain-powered ecosystems offer the promise of nearly instant agreement and technical enablement, increasing the agility of a business to make new connections by order of magnitude. Today, agile businesses focus on advantage, while those without it focus on survival.
Applications of Blockchain
The most outstanding benefit we see in the blockchain is automation and removal of the delay of paperwork for instant settlement. This enables settlement-based lending, goods financing, goods tracking with finer details, and can help in proving the ethical nature of a process.
Most value is seen in optimizing business processes by reducing the amount of paper or through a better exchange of data. Blockchain will be used to create a neutral platform between stakeholders, which might disrupt the current business model of traditional centralized platforms.
The capability to trace food and pharma presents a major benefit for companies using blockchain. Luxury brand owners appreciate the ability of blockchain to verify product authentication and prevent counterfeit products. The ultimate benefits that blockchain brings to supply chain management are numerous. They include efficiency, auditability, traceability, transparency, security and feedback.
What Can You Expect from Blockchain?
Productivity Enhancement
Data On A Need-To-Know Basis
Rich Querying Capability
Reduces Risk & Eliminates Duplication Of Data
Handling Of Intellectual Property
Performance, Scalability, And Levels Of Trust
Are you thinking to add an extra layer of visibility to transact via the Blockchain inside your business? We suggest you get in touch with Ecommerce Maurice Victor. Our sales representatives and skilled engineers will consult with you in designing and developing services ranging from simple to advanced Blockchain architectures to meet your business specifications.
Ecommerce Maurice Victor is the right place to explore the gamut of Blockchain services that can help you increase your business productivity.
Blockchain Development Services
Hyperledger
Hyperledger is an enterprise-grade distributed ledger based on Blockchain technology that uses smart contracts. It attempts to transform the way in which business transacts by enhancing productivity, streamlining new projects, nsuring better quality output by eliminating bugs, hurdles, and efficiently handling intellectual property.
Private Blockchains
Private blockchains are developed and maintained by a private organization who has the authority over the mining process and consensus algorithm. The private organization decides who can join the network and have access to download the nodes. We develop Private Blockchains for organizations that want to trade and do commerce using the blockchain.
Solidity
Solidity is a contract-oriented, high-level language for implementing smart contracts. It uses a syntax influenced by C++, Python and JavaScript. Solidity is statically typed, it supports inheritance, libraries and complex user-defined types among other features. It is possible to create contracts for voting, crowdfunding, blind auctions, multi-signature wallets and more.
Smart Contracts Development
Smart contracts are lines of code stored on a Blockchain network and automatically execute when predetermined terms and conditions are met. Being a first-rated Smart Contract Development Company, we implement advanced smart contracts on a decentralized network over Ethereum, Tron, EOS and Hyperledger blockchain platforms.
Supply Chain Management
With a distributed ledger system, records cannot be manipulated or faked. This allows a great deal of visibility, transparency, traceability, and trust for all parties involved. This transparency between stakeholders can resolve disputes quickly and save significant amounts of money. The traceability authenticates products and prevents their counterfeiting.
Cryptocurrency Exchange Development
Centralized cryptocurrency exchanges are used to buy and sell cryptocurrencies online. Investors use them to buy and sell cryptocurrency holdings. The benefits of using crypto compared to traditional currency exchanges are countless. We specialize in the development of cryptocurrency exchanges for currency traders.
Smart Contracts Audit
Smart contracts guarantee total automation, decentralization, and transparency of online processes. We help stakeholders confirm the logic, quality and security of their Ethereum smart contracts using our smart contract audit process. Our smart contract audits combine compliance, security, Solidity design patterns and best practices, and much more.
Ethereum
Ethereum's decentralized Blockchain and its digital currency Ether are used for developing distributed applications. Ethereum allows people to safely interact by entering into neutrally-enforceable agreements in a peer-to-peer fashion. Our developers can build immutable highly secured applications using cryptography against hacking attacks and fraudulent activities.
Cryptocurrency Wallet Development
As the world continues to shift towards eCommerce, Blockchain wallets will go mainstream and cryptocurrency wallets will soon become commonplace. They offer the sort of benefits that the average person could stand to utilize. We specialize in the development of secure and reliable Cryptocurrency Wallets for the safe management of crypto-assets.