Official Gates, has carved a niche in the field of blockchain app development by creating, deploying custom decentralized blockchain application and infrastructure support to be fast forward your business to get ahead of your rivals. Find a perfect blockchain technology solution for diverse industries to create a fast, secure and transparent identity for your business.
OfficialGates is a leading Blockchain development company in India
A Proof of Concept (POC) is used to demonstrate the feasibility and practical potential of any blockchain project in any field such as Energy, Communication, Services, Insurance and Healthcare. A POC can either be a prototype without any supporting code or any MVP (Minimum Viable Product) with bare featureset. A POC is a prototype that is used for internal organization who can have a better understanding of a particular project.
A private blockchain network requires an offer/invitation validated by the network initiator.It is usually set up by the network validator, where every participant holds the ultimate power to choose who can and cannot be a part of the network and perform transactions.
It's pre-determined that every new entity will become a dominant player for managing the blockchain in a decentralized manner.
Smart contracts can be defined as Blockchain-based computer protocols which are virtual versions of regular contracts and are coded with predefined conditions. Smart contracts aim to offer high security while reducing transaction costs associated with conventional methods-traits that make them favorable alternatives to regular contracts.
Blockchain is the new cutting-edge technology which certainly has immense potential to transform our entire economy. At Blockchain App Factory, we are so much passionate about this disruptive technology and so are you. With us, you can experience every bit of blockchain and crypto world revolution. Also.
Hyperledger is a distributed, open-source ledger or framework based on Blockchain technology that uses smart contract application on enterprises and ventures. This is called Smart Contracts. The cynosure of the Hyperledger is to advance cross-industry collaboration by creating blockchains and distributed ledgers with the main aim of improving reliability and performance of the blockchain. The Hyperledger is created with the sole aim of supporting open protocols and standards across industries. It acts as an intermediary for decentralized digital communities.
Supply chain is the process involved from the inception of producing goods to delivering it to the end customer. Blockchain can be integrated in the Supply chain process to make it easier and transparent. Each Blockchain contains a set of transactions entered in the distributed public ledger. Supply chain is further used to make the shared ledger details more transparent and secured between businesses.
By using Blockchain in Supply chain, you can take a more novel approach or create a secured peer-to-peer network. Without any third party intervention the Blockchain then is less prone to manipulation.
Supply chain is the process involved from the inception of producing goods to delivering it to the end customer. Blockchain can be integrated in the Supply chain process to make it easier and transparent. Each Blockchain contains a set of transactions entered in the distributed public ledger. Supply chain is further used to make the shared ledger details more transparent and secured between businesses.
Cryptocurrency can be developed on many platforms. You can build your blockchain that is either a bitcoin, litecoin, or monero fork. The Altcoin development will have all the features like Bitcoin, Litecoin, or Monero and can be customized as per requirements. Cryptocurrency Development will allow you to create your own cryptocurrency that will enable you and your users to trade them as utility tokens or security tokens (STOs). Utility tokens or coins are cryptocurrencies that allow users to purchase upcoming products or services, sometimes at a discount. Security/Equity/ Asset-backed Tokens or Coins represent the ownership of an asset such as stock or debt. The rise of Altcoins has enabled Cryptocurrency Development Services to enter the domain and create a new cryptocurrency for you to initiate on the platform as per project requirements.