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Hire Blockchain Developers in Oakland | Blockchain Development Company Oakland

Top Blockchain Development Company In Oakland

03 February 2022
The introduction of bitcoin, the first application of blockchain, transformed blockchain from a theoretical application into a practical application. This distributed digital ledger technology has been proven to work. Since then, many enterprise organizations have tested how blockchain can serve them.
 
Now, well-known companies, government agencies, and nonprofits organizations are also trying to use blockchain to improve existing processes, and enable a new business model.
 
The value of blockchain comes from its ability to move between entities quickly, securely share data without any single entity being responsible for protecting data or facilitating transactions.
 
Blockchain and its features can help businesses. Whether they are using a public blockchain network or choosing private or licensed blockchain-based applications.

The Main Benefits of Blockchain Technologies

  • Confidence

Blockchain creates trust between different entities where trust does not exist. Thanks to blockchain technology, these entities are willing to conduct business transactions involving asset exchange or data sharing. If not for blockchain, intermediaries would be needed to complete these transactions, which would slow down the process.
 
One of the most promising benefits of blockchain is the implementation of trust. Bitcoin and cryptocurrency in general are typical examples of how blockchain can achieve trust between unknown actors.

  • Decentralized Structure

Blockchain has truly proven its value when there is no central player to promote trust. In addition to building trust when participants lack trust because they don't know each other, Blockchain also enables data sharing in a business ecosystem that doesn't have a single, specifically responsible entity.
 
The supply chain is a good example of this. Multiple companies - from suppliers and carriers to producers, distributors and retailers - need information from others in the chain. But no one is responsible for facilitating the sharing all this information. Blockchain with its decentralization features solve this problem.

  • Improving Security and Privacy

The security of systems supporting blockchain is another major advantage of this new technology. Blockchain data is stored on a computer network. It is almost impossible to be hacked (unlike traditional computer systems that store data on a server). At the same time, Blockchain can restrict access through anonymity of data and the request for authorization. It solves confidentiality problems better than traditional IT systems.

  • Cost Reduction

Blockchain can also reduce costs for businesses by improving transaction processing efficiency, reducing manual tasks, summarizing and modifying data, and simplifying reporting and verification processes.
 
Blockchain's ability to simplify clearing and settlement translates directly into process cost savings. This helps companies to reduce their operational costs.

  • Speed

Blockchain can process transactions faster than traditional methods by eliminating intermediaries and replacing manual processes in transactions. In some cases, Blockchain can process transactions in seconds or less. Blockchain is generally superior to other processes and technologies in terms of speed.

  • Visibility and Traceability

Blockchain can help trace the origin of various items, such as drugs to confirm if they are legal. If a particular farm has to recall its products due to contamination, Retailers using blockchain can identify and withdraw products from that particular farm.

  • Immutability

This simply means that the transaction cannot be modified or deleted once it is recorded on the blockchain. All transactions have timestamps and dates, so there is a permanent record. Blockchain can be used to track information over time. This is to ensure security and reliable verification of information.

  • Personal Data Control

Blockchain allows unprecedented personal control over one's own digital data. Individuals and organizations can decide what digital data they want to share, with whom and for how long, and impose restrictions through smart contracts that support blockchain.

  • Innovation

Leaders across multiple industries are exploring and implementing blockchain-based systems to solve problems and improve tedious, long-standing practices.

The Application of Blockchain in Different Sectors

  • Health

Major drug and medical device manufacturers are using blockchain technology to provide better access to personal patient data for personalized therapies. Hospitals, physicians, and insurers are collaborating in health-focused blockchain consortia to accelerate the creation of highly secure and easy-to-access portable electronic health records.
 
In addition, companies are already using blockchains to seize business opportunities in the area of regulatory compliance and clinical trial registrations.

  • Energy

A blockchain allows better monitoring of decentralized energy production, as well as improved management of the network and meters. Companies like Fortum are using this technology to innovate in areas such as electric vehicle charging.

  • Retail

In this sector, Blockchain can improve processes in many ways. For example, Walmart seeks to track goods from the start of the supply chain through to points of sale and service through this technology. This will allow it to act if there are any issues in the chain.

  • Manufacturing Industry

On the same needs as for the retail trade, the manufacturing industry will be able to follow the products from the stage of raw materials to that of products in working order. In particular, we see more and more projects of the transparency type of the production chain using a blockchain to trace each stage of the production of products from their source to the final industrial product.

Blockchain Development Services at Hyperlink InfoSystem in Oakland

We provide services for the development of reliable and stable solutions based on the blockchain. Our certified specialists have extensive knowledge of the possibilities of the blockchain and its role in business transformation.
 
We provide advisory and technical assistance in the development and implementation of blockchain solutions. No matter at what stage of the project you need help, we are ready to share our experience and optimize your business processes.

  • Consulting

If you want to integrate a blockchain solution into your business, we can advise you before development begins. We will investigate your specific case and draw a conclusion about the feasibility of using the blockchain and, if necessary, we will offer more suitable alternatives.

  • PoC

We always recommend our clients to start their project with a Proof of Concept. Our certified consultants and developers will help you to check the viability of your idea without wasting your budget.

  • Blockchain Development

We use a set of trusted blockchain technologies and tools to create a solution with an intuitive interface. Our experts guarantee data security and compliance with your requirements.

  • Audit

Comprehensive audit of your blockchain system. We will provide a detailed report on product defects, containing recommendations for their elimination.

Amplifying Business Progress Through Smart Solutions

Obtain robust software solutions, modernize systems, and leverage futuristic technologies for growth opportunities with the capabilities of a leading development company.

our services Explore Services

Mobile App Development

We specialize in augmenting the mobile experience for users of different niches, industries, products, and more that can help businesses enhance their value with futuristic mobile applications.

Web Development

Explore our web development expertise to maximize your web presence which can help you captivate the audience by delivering unparalleled web experience.

eCommerce Development

Delivering perfect and top-notch customer satisfaction through smoothly functioning, secure, and integrated e-commerce solutions that help businesses boost sales, expand user engagement, and enhance business ROI.

Blockchain Development

Get the decentralized blockchain solution that can bring innovation through cutting-edge technologies to power up, revolutionize, and transform the business and operations.

Game Development

Turn your simple game development requirements into amazing high-quality 2D & 3D interactive gaming solutions with stunning graphics, smooth gameplay, engaging storylines, and more!

Salesforce Solution

Unlock the full potential of the Salesforce development that enables the business to address all the business complications and streamline the business operations with intelligence.

AI & ML

Offering end-to-end Artificial Intelligence development services to create custom and domain-specific AI solutions tailored to your unique business requirements.

IoT & Embedded

Building smart gadgets to create reliable infrastructure to bring holistic business change and enhance business proficiency through our custom IoT solutions.

Offering Exclusive Edge Following Custom Software Development Lifecycle

Customizing and delivering cutting-edge solutions employing the custom software development lifecycle to help businesses meet their future demands

01

Ideation

Brainstorm creative ideas to ideate them and come up with a plan to turn them into a successful smart solution.

02

Plan

Define the project goals, create a timeline & milestones, and build a team based on your development requirements.

03

Design

Build interactive prototypes based on sketches and wireframes to illustrate and visualize the interface of the solution.

04

Implement

Choose the most suited tools and technologies to build the product based on the defined timeline, project score, and more.

05

Test

Perform product testing through the best possible manual and automated testing methods to deploy thoroughly tested and bug-free solutions.

06

Deploy

Deployment and launching the product that meets all the predefined criteria to make it accessible to the target audience.

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