Build with Blockchain
and
stay ahead of the curve
We help companies from different industries to leverage the decentralized network built on blockchain.
How
Its Work
Blockchain technology allows information to be stored securely, helping companies make data management more trustworthy, transparent, and efficient.
Once the full capacity of a block has been filled, it is chained to a previously filled block.
When a block is added to the chain, it receives an individual and immutable timestamp.
Multiple copies of the database can be made across an entire network of computer systems, allowing all users to track every block of data.
All data is recorded chronologically and holds an indelible encrypted signature that cannot be altered.
Information is stored in blocks or chunks of data, each of which holds a limited storage capacity.
Benefits of Blockchain
Transparency
Every action within the blockchain remains visible for all users at any time.
Security
Immutable timestamps and decentralization ensure Blockchain is practically invulnerable to hacking.
Efficiency
Makes registering data simpler and faster, allowing companies to save both time and money.
Automation
Events and payments can be programmed to trigger automatically when specific criteria are met.
Blockchain Technology Applications
Cryptocurrencies
The first and probably still most renowned use for Blockchain has been storing cryptocurrencies’ history. Every transaction across the network receives a location that remains irreversible. All users hold their own copy of the Blockchain, thus ensuring total transparency for cryptocurrency exchanges.
Smart contracts
These are transaction protocols built into a blockchain to verify or negotiate a contract or agreement between parties. They operate under a set of conditions previously agreed by the users, and they can automatically execute when these conditions are met. This allows contract processing to be performed faster and with reduced costs.
Media Industry
Since Blockchain can prevent digital assets from existing in multiple locations at the same time, it has brought a much-needed solution for the media industry to tackle issues of intellectual property infringement and piracy.
Government
Potential applications for government purposes are only starting to be discovered. Preventing money laundering, improving bureaucratic efficiency, enhancing electoral transparency, or increasing security of data archiving are only some of the uses of Blockchain that governments from different countries are beginning to explore
Supply chains
Blockchain offers the shipping industry the possibility of keeping track of each step of a product’s journey from its origin to its final destination. When an unexpected event in a supply chain occurs, the root of the problem can be easily identified, thus helping companies solve logistics issues much more efficiently.
Healthcare providers
Using Blockchain to store medical records can offer patients confidence by preventing the threat of alterations or unwanted access. A private key can be used so that the records remain accessible only to a limited group of individuals.
Non-Fungible Tokens
2021 has seen the meteoric rise of NFTs. Blockchain allows these digital items to be purchased and owned by single users, who can claim sole ownership for them. NFTs are changing consumer relationships across arts, sports, and other cultural markets, and the consequences of their rise are yet to be seen.
Banks
Transactions, funds exchange, and stock trading can all be performed considerably faster using blockchain-based applications. This could result in huge savings both for customers and banks.