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Showing posts with the label blockchain app development company

How Blockchain Technology disrupts the online marketplace?

  Digital marketplace organizing millions of transactions and online networking daily are often broken with challenges such as payment delays, trust, and relevant ideas to better reach the target market. There are pitfalls even after various innovative technological advancements moving from offline to online-enabled cross-border networking. the business lacks in various factors like Trust, security lapse, and failed transactions continue to acquire the front row.  Trust 1.Failure to sell if you note a reputed seller 2.No provision to digitally verify the user 3.Maintain customer commitment Security gaps 1.Develop and maintain a secure network 2.Facility to secure a vulnerability management program 3.Implement Robust access control processes 4.Periodically monitor and test networks 5.Maintain a security policy Payment glitches 1.Reducing processing and payment delays 2.Lost transactions 3.Cross-border transactions 4.Multi-currency 5.Diverse payment methods Analyzing pitfalls, industries

How does Blockchain help in the Election process?

    The Voting system is a very crucial part of the Democratic Countries, Every Citizen has the right to choose their governments. Developing countries using old methodologies like voting with paper, but where developed countries are using electronic voting machines to conduct the election. But whereas, Electronic Voting Machines are prone to hackers attack, even it is seen   young-aged hackers sneaked into US electronic voting machines   and exposed their vulnerabilities.     Drawbacks in the traditional voting system   Traditional voting is often subject to gamblings for either corruption if there are paper votes or phishing malpractices if it is an online voting system.     The paper vote election cant is followed in the COVID_19 Outbreak, the electronic voting system is prone to hackings.   The lack of interests the voters don't walk out to pole their votes in the voting booths, and they failed to utilize their rights and duties to choose their government. In Election 2016,   5

What are the Benefits of adopting Blockchain in Business?

  In the current scenario, there new and innovative idea is emerging in technological advancements with enhancement. Blockchain is one of the latest technology widely adopted in global business sectors due to its unique features that address the security features of the business.  Blockchain is a collection of nodes that are connected to the previous and successive blocks of data that are encrypted.  Blockchain address the challenges in the business operations over a well-secured platform.  The blockchain will experience a surge from being a $1.2 billion market to a $23.3 billion market by 2023. Improved Security and Privacy Blockchain provides efficiency and cost-effective business processing services with enhanced security and transparency. The Blockchain has cryptographic functions protecting the data from hackers with the help of public and private keys. Blockchain applications can be used to handle a set/ particular types of business operation like managing user credit card data,

Enhance your eCommerce Business By Integrating Blockchain Technology

  In the current scenario, businesses have moved towards digitalization. There are risks associated with digitalization in the case of data security, but whereas innovative technology like Blockchain helps in data handling on a secured platform. The use of Blockchain for E-commerce will aid in building a reformed economy.   Let's explore the Blockchain,     What is Blockchain?   Blockchain is an open distributed ledger, and it holds the data and transaction details as encrypted blocks. The Blockchain has three unique eminent features like Transparency, Decentralization, and Immutable.   Transparency: The data stored on the block are transparent to all the parties involved in the transaction, and no one can hide the data.   Decentralization: Decentralization in which it eliminates the central control and data distributed among the parties.   Immutable: The immutable where no one can alter the data on the blocks, they are tamper-proof. They provide highly secured data from data alter

Testing is an Integral Part of Blockchain Development

  Blockchain is the concept of decentralization, in which a collection of blocks interconnected, and each one interlinked with previous and successive blocks. Blockchain has a distributed ledger having encrypted and timestamped records linked with previous blocks.   In recent times all industries are adopting blockchain applications on their business to avail the secured and efficient business automation.     Blockchain is a decentralized platform where every party involved in the transaction able to view the details of it, and only the owner of that data blocks able to update it with the provided private keys.   It is vital to know that information once written to the blockchain, and cannot be updated or removed. Hence, testing blockchain apps completely is necessary.   Why have proper testing Techniques in Blockchain? The process of the blockchain app should be tested carefully as bugs discovered in one block can modify the entire blockchain. Once a block is added to the blockchain,