Enterprise Blockchain Development
Our blockchain consultants have the best combination of experience in business processes, sectors and blockchain development to help you unlock the technology's ultimate value.
Blockchain Development Features
We assist our clients at every level of the process, from use case research to proof-of-concept to full-scale development, in understanding the business impact and implementing the best blockchain strategy.
Proof of concept
Before you adopt blockchain, make sure you're comfortable with it. We make relevant proofs of concept to show how blockchain can improve productivity and achieve business benefits.
We define and implement practical and customised enterprise blockchain development services and solutions. Create decentralized applications that are attractive and intelligent. Create cutting-edge applications that give you a major competitive advantage.
Why RWaltz for Enterprise Blockchain Development
We're committed to facilitating enterprise-wide adoption of decentralized business solutions powered by blockchain technology. As your company partners, we are dedicated to lowering risks and increasing ROI through proven business results.
Technologies and Standards We Work On
Blockchain Development For Various Industries
Financial players are the first movers to experiment on this technology. Many banks are trying their hand out on blockchain services for money transfers, record keeping and other back-end functions. Paperwork in banks will be converted to digital records like excel and many more technologies with the help of blockchain. With the help of Blockchain verified documents, financial crimes can be reduced. With KYC (know your customer) you can help to eliminate the money laundering and terrorism activities. Blockchain would help to reduce the mediator intervention in payment transaction systems so beneficiaries can benefit most from banking and finance.
Blockchain technology is recently been incorporated by the commercial real estate (CRE) industry. CRE officials are finding that blockchain-based smart contracts can play bigger role in their industry. Blockchain technology can potentially transform core CRE operations such as property transactions, purchase, sale, financing, leasing, and management transactions. Also providing new abilities as tokenization and fractional ownership of a property. This is especially interesting when it comes to costly assets like real estate. Rather than one individual owning one property, it may be possible for various individuals to purchase tokens of the property and co-own that property.
Automobile is the biggest industry to go through technology changes very rapidly. Blockchain can be very interesting in case of cars. Using smart contracts and IOT, dealerships can automate several processes involved in supply chain of raw materials and finished products, car sales, service, warranty claim processing and much more. Moreover, it helps the buyer and seller to avoid middlemen or third parties to be involved in transactions or insurance claims. This decentralized ledger technology can help to build a state of trust and peacefulness in customers, manufacturers and service centers with it’s transparency and immutability.
Using blockchain applications for government use will foster the public sector in an unimaginable way. So many process will become faster and more efficient with the use of blockchain technologies. The existing system will change its look towards the new blockchain based application which increase the citizens trust over government policies. A blockchain-based application for government can secure the information, streamline processes, and eliminate fraud, and misuse all the while expanding trust and transparency. On a blockchain-based government model, people, organizations, and governments share assets over a distributed ledger which is verified using cryptography. This structure reduces a single point of failure and secures citizen and government data.
Blockchain in healthcare will be the best innovation in the health industry. Apparently, there is still no universally recognized patient identifier where blockchain can help. Also for the authenticity of medical equipment and medicines, blockchain-proof supply chain will help. Despite being deemed an illegal practice, information blocking has been a problem in the healthcare industry, with blockchain we can achieve that in no time. The confidential data of patients dispersed over multiple systems can be streamlined utilizing blockchain. The medical records would be able to be shared effectively and safely. The cryptography will deal with all the issues offering scalability as well as data protection.
Use of blockchain in logistics will make it more secure. Since the logistics industry involves many parties, manufacturers, customers, suppliers, auditors, etc everyone will find the blockchain to be advantageous. With the help of blockchain customer can track the product very easily and the whole manufacturer to customer chain can be traced in this way. The importance of blockchain in logistics is something more than just storing data. Blockchain technology builds a value in the supply chain through better security and process standardization, yet it holds extra a value through new logistics services and business models. For example, blockchain upgrades auditing of goods transported, invoice management and cybersecurity.
Trading was the first application of blockchain which initiated in 2015. Security and trading are very closely related. The blockchain functions through a viable bookkeeping system and can register every transaction, denying the possibility of changing and deleting any of them. So trading becomes quite easier with blockchain being a core part of it. The issues of high risk, irresistible to fraud and slow processing in trade finance can be eliminated with the help of blockchain. Blockchain technology is based on a digitalized and decentralized ledger model which offers more security and robustness than the existing system. This reduces the possibility of fraud and makes it easier to trace the trade transaction..
Technology disruption has arrived at insurance industry. Blockchain is helping the insurance industry fundamentally by transforming the operational processes with faster authenticated data exchanges, visibility for all parties, and exchanges supported with security and trust. They're automating all the insurance regulatory processes and thus improving proficiency and accuracy for insurers and state insurance departments. Blockchain based insurance process will change the current working of insurance. These processes will ensure security and authenticated document verification, faster claims process which will increase the trust factor amongst the clients.
Frequently Asked Questions
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Which are the top Platforms for Enterprise Blockchain Development?
Ethereum is defined as an open-source Blockchain platform that runs smart contracts on a customized Blockchain network. With its applications across multiple industries, Ethereum has gained momentum for Enterprise Blockchain Development Services due to its smart contract functionality and flexibility.
Offering a wide range of free tools and frameworks, Hyperledger enables the solution expertise to build their Blockchain-based solutions. Accelerating Industry-wide collaboration, this platform develops reliable DLT-based technology frameworks to enhance the performance and transactions of diverse business processes.
Quorum can manage applications that need powerful throughput processing and speedy private transactions. With the heightened security layer, this platform has turned to be an indispensable part of the BFSI sector offering Blockchain for banking, where information privacy is vital.
Initially developed to design applications, particularly for the financial sector, Corda today has implications in almost all the industrial sectors ranging from trade to Blockchain for Supply Chain.
Which are the Top 5 features of Enterprise Blockchain Development?
This is an important feature of Enterprise Blockchain Development Services as it ensures the data stored on the blockchain network remains untampered and unaltered.
The decentralized nature of the Enterprise Blockchain Solutions means the framework is maintained by a group of nodes, where each node has the exact copy of data in the form of a distributed ledger.
With decentralization, the cryptography that acts as a firewall for security breaches lays another strong layer of protection for businesses.
A public ledger ensures transparency by providing all the information about the transaction and participant.
The consensus algorithms are at the core of Blockchain architecture, which enables the decision-making process for the group of active nodes on the network.