Blockchain Software Development - Sphinxworldbi...


A blockchain is a decentralized digital ledger that saves transactions on thousands of computers around the globe. These are registered in a way that inhibits their subsequent modification. Blockchain technology increases the security and speeds up the exchange of information in a way that is cost-effective and more transparent. It also dispenses with third parties whose main role was to provide a trust and certification element in transactions (such as notaries and banks). The high importance of blockchain has attracted the attention of organizations in different sectors, with the banking sector being the most active at this stage. Blockchain has resulted in the development of thousands of new job positions and new startups ranging from mobile payment solutions to health care applications. Whether you need a prototype or a production-ready platform, our engineering team’s deep experience in cryptocurrency, data science, and serverless computing can help you leverage the benefits of blockchain. We will evaluate potential blockchains for your project, including Ethereum, Hyperledger, EOS, NEO, Tezos, and Qtum, and choose the best fit, like when to use private permissioned blockchains such as Quorum. Our Engineering Capabilities Include: Blockchain deployment and development with web3, solidity, cakeshop and truffle. Smart contracts and custom dapp frameworks like OpenZeppelin. Application and data science engineering using Python. Enterprise native mobile apps with Swift and Objective-C. Web platforms using Phoneix / Elixir and serverless architecture. Current blockchain areas we are helping our clients with: Blockchain case studies. Blockchain infrastructure. Blockchain and mobile banking. Blockchain and peer-to-peer transfers. Blockchain and digital currencies. Blockchain and Internet of Things. Blockchain and markets. Blockchain and marketplaces. Blockchain and healthcare. Blockchain applications. Blockchain and e-government. Blockchain and Banking sector. Fintech applications. Blockchain and regulatory frameworks. Barriers to blockchain adoption. Smart contracts. Innovation in blockchain. Privacy, Security and Identity in blockchain. Originally developed as the technology underlying Bitcoin, blockchain has quickly risen to fame for its ability to create a vast, globally distributed ledger running on millions of devices, capable of recording anything of value. A blockchain is essentially a digital, distributed transaction ledger with identical copies maintained on each of the network’s members’ computers. All parties can review previous entries and record new ones. Transactions are grouped in blocks and recorded one after the other in a chain of blocks (hence the name “blockchain”). The links between blocks and their content are protected by cryptography, so previous transactions cannot be destroyed or forged. This means that the ledger and transaction network are trusted without a central authority or a middleman. The blockchain’s ability to record, store and move any kinds of assets with great ease, automation and in a decentralized manner has sparked interest from startups and the overall financial services industry which are envisioning possible use cases and applications in multiple areas.

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