What is Blockchain?
Blockchain is a shared immutable ledger for recording the history of transactions. A business blockchain, such as IBM Blockchain and the Linux Foundation’s Hyperledger Project, provides a permissioned network with known identities. And unlike Bitcoin, there is no need for cryptocurrency exchange.
The Bitcoin is called a blockchain 1.0, and the Ethereum is called a blockchain 2.0.
Blockchain 3.0
Where are the blocks in blockchain stored ?
The blockchain is stored, distributed, on every machine in the Bitcoin network being used to mine Bitcoin.
This network is self-regulating and peer-to-peer. There is majority rule, meaning that if one node on the network no longer agrees with the other nodes (on, say, what the hash of the last block was), it is kicked out of the network and will have to “resync” its data to be in agreement with the network.
What is Ethereum?
Ethereum is a cryptocurrency much like Bitcoin, and it has been heralded as Bitcoins successor. Whereas Bitcoin currently has issues scaling with an increasing backlog of transactions, Ethereum is poised to surpass Bitcoin in performance, popularity, and value. Ethereum was created to help developers like you create applications focused around transferring money or value from one party to another.
What is Solidity?
Solidity is a programming language for writing Smart Contracts. Essentially, think of it as a way to control a bank account with code. With Solidity, we can write applications that simulate a crowd funding campaign, a lottery, a loan, or any other type of financial instrument. Don’t be intimidated by learning ‘another’ programming language; Solidity is known to be quite similar to Javascript and exceptionally easy to pick up for anyone who has previous JS experience. This course will give you all the tools you need to master Solidity.
What Is Cryptocurrency?
Cryptocurrency is a digital asset or the virtual currency which uses cryptography for safety. This is the absolute positive side of cryptocurrency. Having no centralised asset manager/authority, its endurance to government invasions and its organic nature are arguably its most appealing nature.
BLOCKCHAIN TECHNOLOGY FOR FINANCE
Professional service firms and insurers must invest in Blockchain solutions. Precisely because Blockchain technology in finance will reduce transaction costs among all participants in the economy. Blockchain will also support models of peer-to-peer mass collaboration.
BLOCKCHAIN TECHNOLOGY FOR HEALTHCARE
By using blockchain technology for healthcare you can track every transaction that happens between drug manufacturers, patients, pharmacists, and wholesalers.This helps healthcare industry verify and secure drug product information. On record sharing, usage of blockchain development will help improve and authenticate the health records.
BLOCKCHAIN TECHNOLOGY FOR BANKS
Banking sector can use Blockchain technology to involve intra-bank cross-border transfers. Also for cross-border remittances and corporate payments. The other promising advantages that banking sectors can procure by deploying Blockchain technology are, lower the costs, quicker settlements, fewer errors, and beneficial new revenue opportunities. You will also hold defined rights, obligations, controls, and standards. Closely knitted to efficient and quick on-boarding process.
BLOCKCHAIN TECHNOLOGY FOR REAL ESTATE
With Blockchain technology, real estates can swiftly connect sellers and buyers. Can introduce new ways to trade real estate by enabling trading platforms and online marketplaces to support real estate transactions more comprehensively. Also enhances real estate and rental property transaction. Stay away from lawyers, brokers, and banks within the real estate ecosystem. No intermediates henceforth.
Cryptocurrency Wallet Development ?
To do transactions in cryptocurrency you need an online wallet. A cryptocurrency wallet is similar to a regular bank account making it possible to exchange as well as store all your cryptocurrencies secure. We hold a high level of expertise in developing universal cryptocurrency wallet. Which lets you exchange popular cryptocurrencies.
1.Ethereum Sandbox:
Complete and identical emulation of the live network. During the development the work with the sandbox gives the flexibility required for development before deploying the smart contracts to the live network.
2.UI for Ethereum based system:
Ethereum Sandbox is available for developers to run applications and provide a UI for interacting with smart contracts all in one integrated environment.
3.Unit testing:
Comprehensive environment, to test your smart contracts over and over again.
4.One Click Deploy:
Once the development of the Ethereum smart contract project is ready, deployment to the live network is very easy. It can be done in only one click and the smart contracts can be seen on the target deployment.