blockchainoodles - Tumblr blog

[blockchainoodles]

Blockchain-Based SmartPhones: The Next Revolution in The Cell Phone Industry

Blockchain technology, due to the myriad of new opportunities it brings, has begun to disrupt a vast number of industries around the globe. However, there hasn’t been a single industry that has achieved widespread adoption using blockchain technology. Until blockchain-based smartphones arrived on the scene.

The blockchain technology revolution:

The cellphone industry is eyeing as though it’s next up to be revolutionized by the blockchain technology. In fact, Marketwatch released a report which stated that blockchain in the telecom sector is positively expected to grow from USD 46.6 million in 2018 to approx. USD 993.8 million over the next five years.

While it’s undeniable to consider the effects that blockchain technology will put on the telecom sector, incorporating the technology into smartphones could prove to be the step that shatters the wall to its widespread acceptance.

When it comes to mobile manufacturing, major companies constantly look for the latest advancements in technology and innovation. This is the reason Apple and Samsung continually look for ways to outdo each other with their latest release.

In this sense, blockchain-based smartphones could be that next revolutionary step for both giant companies in the long-run, especially if the initially manufactured phones don’t fail to live up to their early promise.

The Finney Phone

The Finney Phone has got its name after the late Hal Finney. He was the first-ever recipient of a bitcoin.

Based in Switzerland, Sirin Labs already has planned to hit the shelves with Finney Phones in November 2018.

It’s one of the first blockchain-based smartphones. The device is ready to hit the market with reportedly priced at around $1000. Finney Phone will work as an entry-level device for users who are new to the landscape of cryptocurrencies.

Designed to make to make cryptocurrency investment easy for users, the Finney will also bring an incredible level of security.

The HTC Exodus

HTC is the next name which has decided to enter the world of blockchain-based smartphones. It has named its new model Exodus, which is due for release by the conclusion of the third quarter of this year.

While these blockchain-based smartphones are in their early stages, our blockchain technology experts firmly believe that as cryptocurrency gains ground in the digital world and experiences widespread adoption, it’s possible that some of the most prominent names in the phone manufacturing eventually jump on board to join the bandwagon.

Benefits of using Blockchain-Based Smartphones:

The most significant advantage of these phones will be their ability to offer users a cold wallet, which will be accessible via their phones.

With this, we can think that the wallet facilities in blockchain phones will experience the same sort of appreciation as the initial run of pre-installed phones.

Eventually, we can say that the day a prominent smartphone company like Samsung or Apple chooses to work toward releasing blockchain-based smartphones, it would be the day both blockchain and cryptocurrency will make their most significant breakthrough towards mainstream adoption.

In case, if the blog didn’t ring any bell, visit here to have a free cost of consultation of the blockchain and learn how it’s becoming the core technology causing disruption.

Read more

[blockchainoodles]

A Comprehensive Guide To DLTs and Types of Blockchains

After the unprecedented rise and fall of Bitcoin in the last few years, the idea took birth that Bitcoin blockchain can be, in fact, used for various types of value transaction or any type of agreements like P2P insurance, P2P ride sharing, P2P energy trading, etc. For that, the Ethereum project developed their blockchain and kept it properties quite different than Bitcoin. They decoupled the smart contract layer from the core blockchain protocol. This offered a radical new method to form online markets and programmable transactions called Smart Contracts.

Private entities like banks thought that they could utilize the core idea of blockchain as a DLT (Distributed Ledger Technology), and form a permissioned (private or federated) blockchain. In a permissioned blockchain, the validator would be a member of a consortium of the same organization. The term blockchain when used within the context of permissioned, private ledgers can be referred to as highly controversial. Thus, the term DLT (distributed ledger technology) became a more general title.

Private blockchains can be effective when used for solving security, efficiency, and frauds within a traditional financial entity, however, only incrementally.

As a matter of fact, public blockchains hold more potential than private blockchains to reform the cumbersome functions of traditional financial entities with software, essentially reforming the way the financial system works.

So, now let’s read on to the types of Blockchain Technology and comprehend the technicalities, advantages, uses, etc.Types of BlockchainsPublic Blockchains:

Based on Proof of Work (PoW), state of the art public blockchain protocols are open source and not permissioned. It means that anyone can participate without requiring any permission to join it. They are also one of the most used types of the blockchain.

1- Anyone can download the source code and run a public node on their local device, thus verifying transactions in the network as well as participating in the consensus process- the method used for determining what blocks got added to the chain and what the current state is.

2- Anyone in the world can send transactions through the network as well as expect those to be included in the blockchain upon being valid.

3- Anyone who wants to read transactions can use the public book explorer. Transactions will be transparent, anonymous though.

Examples: Bitcoin, Monero, Dash, Litecoin, Dogecoin, etc.

Impacts: Power to bring disruption in existing business models through disintermediation. Requires no infrastructure costs: eliminates the need to maintain systems or servers admins, thus, radically reducing the costs involved in developing and running DApps (decentralized applications).

Consortium blockchain:

Consortium or federated blockchain are mainly operated under the leadership of a group. Contrary to public Blockchains, they don’t permit anyone to join the process of verifying transactions. Consortium blockchains are quicker and offer increased transaction privacy.

These blockchains are mostly used to disrupt the banking industry. A pre-selected set of nodes controls the consensus process; for instance, there’s a consortium of 15 financial institutions, each of which runs a node and of which 10 must sign every block of information in order for the block to be verified. The permission to read the blockchain can be public, or limited to participants.

Examples: EWF (Energy), R3 (Banks), B3i (Insurance), Corda

Impacts: Lowers transaction costs and data anomalies, and replaces the traditional systems, streamlining document management and eliminating the need for semi-manual compliance mechanisms. In this sense, it can be considered equivalent to SAP in the 1990’s; lowers costs, but doesn’t cause disruption.

Private Blockchains

:

In a private blockchain, one central organization allows Write permissions. Example applications include auditing, database management, etc., which are internal to a single company, therefore, public readability may not be necessary in many cases.

Private blockchains are one of the important types of blockchains that take advantage of the blockchain technology by setting up groups and participants who can validate transactions internally.

This increases the risk of security concerns alike a centralized system, as opposed to public blockchains; they’re secured by game theoretic incentive methods. However, private blockchains are preferred when it comes to scalability and state compliance of data privacy regulations and other regulatory matters.

Examples: MONAX, Multichain

Effects: Alike Consortium blockchain, a private blockchain can help reduce transaction costs and data anomalies and replace the traditional systems, streamlining document management and eliminating the need for semi-manual compliance mechanisms. In that sense, it can be considered equivalent to SAP in the 1990’s; lowers costs, but doesn’t cause disruption.

Note: this blog was only a brief overview of DLT and types of blockchains.

Read more

[blockchainoodles]

Best Cryptocurrency Development Company

Oodles Technologies is an expert cryptocurrency development company that advances in delivering unique cryptocurrency development services along with encompassing solutions for custom altcoin solutions (development). Our cryptocurrency developers use cutting-edge technology to develop cryptocurrency exchange platforms and wallets.

With us, you can develop secure cryptocurrency applications and get benefits from our cryptocurrency development services as they can be tailored to meet your requirements.

Now, read on to know what we do as a leading cryptocurrency development company:

ICO Development Services:

We have enough expertise to develop successful ICO campaigns. We offer various blockchain development solutions. Reach us for various ICO services. We will be more than happy to help you from conceptual token architecture (design) to launch and infrastructure maintenance.

Cryptocurrency Wallet Development Services:

By choosing us, you can get custom cryptocurrency wallet development accompanied by bank-grade security features for smooth and agile payment methods.

Crypto Exchange Software Development Services:

We have gained extensive experience in providing flexible, secure, and customizable cryptocurrency exchange software development that can enable faster transactions.

Why Choose Us As Your Cryptocurrency Development Company?

Blockchain Solutions is a brainchild, a vision, of Oodles Technologies. We take immense pride in saying that we possess the resources that make us a flawless cryptocurrency development company in India.

Excellent Technical Expertise:

We have a team of skilled cryptocurrency developers who guide you through every aspect of cryptocurrency development, from the inception to the launch.

Read more

[blockchainoodles]

We Are Leading Blockchain Supply Chain Development Company > Supply Chain

Hiring an expert blockchain supply company to streamline supply chain processes can help deliver value to your customers, maintain your trading relationship and optimize business transactions.

Lack of accountability and transparency are two critical factors in the supply chain management. The Blockchain technology comes to the rescue to address this issue with its fundamental advantage of being a distributed ledger system. This means no single entity controls and no tempering of data is ever possible with it. Eventually, we can say global supply chain processes are all set to get better with blockchain supply chain solutions.

The core logic of blockchain,

applied to the supply chain

By applying blockchain’s security and redundancy to something like inventory and alternate supply chain partners for banking nodes, one can have the path paved for a radically new approach to the supply chain management. The use cases for this unique approach are overwhelming.

At its most basic level, the core logic of blockchain means that not a single piece can exist twice in the inventory. In a nutshell, if you move a product from manufactured goods to in-transit, and blockchain will update the transaction status for everyone, everywhere, within minutes, and with complete traceability back to the point of provenance.

Why is

Oodles Technologies

the best option as a Blockchain Supply Chain Development Company?

Blockchain.oodles, a brainchild of Oodles Technologies is all set to help those who have a focus on projects in supply chain management and transformation using Blockchain. Our blockchain developers can help you strengthen and deal with all the hassles for creating a transparent and secure supply chain process. As well as, our enterprise blockchain solutions are completely modifiable that can help cater the need for transparent multi-party transactions.

So, go ahead and request for a free-of-cost consultation. Oodles Technologies, a Blockchain Supply Chain Development Company, is always at your disposal.

Read more

[blockchainoodles]

Blockchain And Artificial Intelligence: To Foster Decentralized AI Landscape

Looking at the current technology trends on the internet, we can say that the two most talked technologies are blockchain and artificial intelligence (AI). After Bitcoin and cryptocurrency, most major companies are looking to make use of blockchain technology and artificial intelligence AI to impact our daily lives.

Understanding the Importance of Bringing Blockchain and Artificial Intelligence Together For an Improved AI Landscape.The Existing AI Landscape

To develop an AI model, you need to have a lot of data. As such, prominent IT companies rule the artificial intelligence sphere. They are never short of computing resources and data pools, both are necessary to train AI algorithms.

Centralized AI?

For sure centralized AI calls into question a few of our perspectives about AI. For instance, generally, we think that AI has access to so much data that it becomes inevitable to stay an unbiased source of truth. However, numerous studies and researches have shown that AIs are the biases of the scientists who outlines their algorithms.

Centralized data system, secret AI algorithms, and every industry AI expert working for prominent organizations is a matter of concern. We need to work towards succeeding AI revolution, but not at the expense of fairness, truth, and security. Thus, decentralization for AI revolutions is a must.

Making AI Accessible to Everyone

in 2018

In order to democratize access to AI, we need to decentralize data and lower computing costs for training algorithms. For that, we think blockchain technology the most suitable alternative that can help on both counts.

Decentralizing Data

Decentralizing and commoditizing data means users will be getting paid for the data they share. Or they can choose not to share data. Also, another added advantage of decentralized data is that it can create a marketplace for data.

Training Algorithms

Once we have commoditized data, the value shifts away from owners of big data sets to experts who build good algorithms. With AI accessible to everyone, anyone could learn how to write good AI algorithms. Alike, the early days of internet companies and computer programming, a budding entrepreneur in Ai could be anyone once we’ve successfully decentralized data.

Using blockchain and artificial intelligence together could also lower the cost of training AI algorithms. Cryptocurrency miners possess enormous computing power. A decentralized network of miners can help to teach intelligence networks for a fraction of the cost of developing and executing dedicated algorithm training servers. As it will become cost-effective to train algorithms, we’ll be seeing more entities experimenting and developing new applications by using Blockchain and AI.

Artificially Intelligent DAOs

For blockchain enthusiasts, the ultimate link between blockchain and artificial intelligence is artificially intelligent DAOs (Decentralized Autonomous Organizations). These are autonomous entities managed by artificial intelligence.

In a DAO, the AI would be able to have access to resources and the ability to gain more resources over time. A fully autonomous organization would restrict humans to take control and shut it down once executed on the blockchain.

Moreover, the AI could be outlined to prioritize other tangible assetsbesides money. One idea is to bring blockchain and artificial intelligence for AI DAO that can buy forest land over the time to safeguard wildlife and provide protection against deforestation.

[blockchainoodles]

How DAPPs Are Proving to Be the Best Blockchain Solutions for Healthcare

A DApp (decentralized app) refers to a web-based application. It makes use of a decentralized, public and cryptographically authorized ledger system to enable the exchange of information among users. It means that, unlike standard, traditional apps, no central body holds the authority to own or manage a DApp.

Instead, all participants have access to the same data of the application. And if there’s any change required, it can be made through a consensus.

So, when someone adds new information, it gets stored on all computers, regardless of how many they are in numbers in the network.

While centralized servers manage the traditional applications, DAPPs offer P2P (peer-to-peer) data exchange by using a cryptographically enforced consensus.

In the current information and technology market landscape, decentralized applications are in use for not only storing and managing financial transactions but also for all sort of information, including intellectual property, personal identity, smart contracts, and last but not the least, healthcare data.

DAPPs For Healthcare

Decentralization in the digital world has opened gates to new opportunities in the healthcare industry. Shifting to a decentralized and cryptographically enforced database can revamp the healthcare sector in unique ways.

Data exchange:

Using DAPPs for Healthcare can enable real-time sharing among users, which is the best selling-point of decentralized apps in healthcare.

For instance, when two patients have similar symptoms, different practitioners may use different treatment methods to achieve the same result. One prescription may prove to be more helpful than others, but both practitioners are working without any interaction, therefore, a little space is left for one to learn from another.

Here, DAPPs promise to shift hospital data systems onto a shared network. Consequently, it enables the exchange of data in real-time from one end to the next. If a practitioner prepared a prescription for a disease, the data would be automatically shared with every participant using the DApp to see it.

It applies to patients visiting hospitals having being treated somewhere else. Then, a doctor would be able to determine what the other hospital has administered to the patient before and make a versed, accurate decision.

Data Security:

Although decentralization and blockchain have their own privacy and security concerns, they still are a much safer option for storing and disseminating digital information, given their robustness against risks like hacks when compared to traditional data systems.

Moreover, cybercriminals usually target hospitals, as their most data gets stored in discrete, isolated central servers. Central servers are more prone to be compromised.

However, in a decentralized world, all information gets distributed and shared over many points on the network leaving no single point of failure. Therefore, it becomes more difficult for hackers to tweak or alter stored information in the system.

Public health:

Having a decentralized network or a DAPPs that connects numerous health practitioners and health organization can prove to be quite revolutionizing when dealing with epidemic cases.

Further, a distributed, immutable and trusted stream of data about ongoing diagnostics can bring every concerned person on the same page at all times.

Not only this, DAPPs could also enable the sharing of clinical trials, research, safety analysis and advanced directives, therefore, enhancing collaboration.

Hospital administration:

Blockchain-based decentralized applications can significantly streamline the communication part among staffs in health organizations. If the staff of a hospital has complete access to data, it can work more efficiently under less supervision.

Keeping everyone informed in the loop regarding hospital operations can make administration, as well as daily processes such as patient verifications and insurance claims, much easier.

Bottom Line

If we consider the significant contribution of DAPPs for Healthcare, it is evident that decentralization application development services have a lot more to offer the healthcare industry.

Although DAPPs for Healthcare may take a while to take hold of the sector, with the support of prominent government entities like Health Information Technology, and the Federal Drug Administration, as well as giant cooperation like IBM Watson Health, the revolution could be expected sooner than later.

[blockchainoodles]

Cryptocurrency Exchange Platform > Cryptocurrencies

Cryptocurrency Exchange Platform is self-explanatory, although it can be referred to as a marketplace as well that enables people to trade in various cryptocurrencies.

An exchange is a digital platform which represents itself as a medium between sellers and buyers to sell and buy cryptos. Cryptocurrency exchanges are generally the key means of selling and buying crypto.

Along with the rise of the blockchain, cryptocurrencies have also achieved tremendous adoption rate and growth. Because of this, it’s now believed that cryptocurrency exchanges are going to be in demand in the coming years, and are here for the long-haul, especially with the growing popularity of baking operations utilizing Ethereum, Smart Contracts and other blockchain solutions, particularly with attracting capabilities like low transaction costs.

People in huge numbers are looking forward to adopting cryptocurrencies for another reason, low transactions fees. Most users are using cryptocurrencies for making faster and cheaper cross-border payments.

If you have decided to build a cryptocurrency exchange app, it usually requires some thorough preparation and research. You are about to enter the industry which, on the one hand, is not under regulation of any national rules or laws and, on the other hand, involves an investment of a large sum of money.

Why Choose Us For Developing A Cryptocurrency Exchange Platform?

Scalable and customizable cryptocurrency exchange platforms developed by Oodles Technologies’ experienced Cryptocurrency Experts and Blockchain developers mainly focus on security, connectivity, and seamless environment.

We help you build reliable altcoin exchange software to enable fast and east transactions. And make use of the latest technologies that allow us to provide robust cryptocurrency and altcoin solutions.

If you are looking to develop a cryptocurrency exchange platform, we can provide you with a ready-made cryptocurrency exchange script for faster and cheaper development.

[blockchainoodles]

Blockchain Technology Services > Blockchain

The blockchain technology and solutions services can be implemented and used in various industries including Financial Services, Healthcare,Government, Travel and Hospitality, Retail, CPG, etc.

In the financial industry, blockchain-based applications are being used to simplify its cumbersome processes. The applications are able to streamline the entire process of asset management and payments by employing an automated trade cycle where all participants have access to the same data about a transaction, thus, eliminating the need to have intermediaries and brokers.

Not only this, it can also ensure that you have transparency and efficient management of transactional data.

Blockchain can play a crucial role in transforming the healthcare sector by improving the security, privacy, and interoperability of data related to patient information. Use of custom blockchain solutions can address a couple of interoperability challenges in Healthcare and allow protective sharing of healthcare data among people involved in the process. Another advantage of the blockchain technology is that you can use Custom Blockchain Services. They provide you with blockchain solutions that don’t involve the interference of a third-party and reduce overheads.

With blockchain, healthcare records can be stored up in a distributed or shared database by making it encrypted and implementing digital signatures, which ensure authenticity and privacy.

Why

Hire Us

For Blockchain Technology Services?

We are one of the trendsetters when it comes to blockchain technology services. We don’t say that. It’s our clients that testify such compliments that we get from them. Oodles Technologies is an offshore IT and blockchain development company based in India. We strive to move forward with the idea of Blockchain Adoption on a global scale. In this sense, we use the expertise of our skilled blockchain developers that help us craft the best blockchain solutions. We also have the expertise in Cryptocurrency Development, Asset Management, Smart Contract Development, and Blockchain Wallet Development.

[blockchainoodles]

How Blockchain Simplifies The Real Estate Investing

In the recent years, Blockchain has experienced unprecedented growth of adoption in various industries. Now, blockchain is the next big frontier of the real estate marketplace. By using blockchain for real estate investing, transparent transactions are possible that will benefit both sellers and buyers.

Blockchain brings a myriad of possibilities in real estate. From real-time ledgers to full-on shared processes and databases, blockchain technology promises to bring must required transformations in the real estate sector.

Using blockchain for

real estate investing:

Increases Security and Transparency:

Although a lot of factors around blockchain and cryptocurrency red-flags security measures, the reality is, blockchain technology has enough potential to add security and transparency that commercial real estate has never experienced before.

The best way to adopt blockchain for real estate practices is to find a suitable blockchain solutions and development company. A company that sits with you and thoroughly understands your vision and idea and then begins to develop blockchain is what you need to hire. If you don’t know where you can find the best blockchain development company for your project, here’s a guide that will help you get through and find the best one for you.

Transforms the Real Estate Title Industry:

Imagine being able to determine who was the owner of a property, record it with certainty who the new owner is and reference it to the blockchain to validate all previous owners. Even the information on the splitting of parcels can be easily registered Blockchain, unlike the PIN system.

Forms A Secondary Market:

By using blockchain for real estate investing, we can have a secondary market. Ultimately, it will form a network of real estate sponsors and gather them into an organized and efficient marketplace. Then, this marketplace will enable those sponsors to raise capital more efficiently. It will open up gates for opportunities for investments to enter the market.

Blockchain Should Be Integrated Into Entire Value Chain:

Without any doubt, we can say that blockchain and future shared-ledger platforms are proving to be the biggest disruptors in the real estate. From digitizing property and crowdfunding to standardizing real estate processes and transactions, you can seek out many unforeseen opportunities to integrate blockchain within your professional value-chain.

Reshape Data Exchange:

Blockchain is becoming popular because of its ability to reshape data exchanges, transactions, and value within a business or industry. Blockchain for real estate has the potential to revitalize its cumbersome processes. It can pave a bright future of innovation. One instance of using blockchain for real estate that is ripe for the technology is the title industry. Shifting title records onto the blockchain can simplify access and entirely reform the process.

Blockchain Is Not Cryptocurrency:

We are working on to make it easy for professionals to understand blockchain technology. One aspect professionals need to comprehend is the distinctions between the blockchain and Cryptocurrency. The blockchain can be a shared or distributed public ledger. It can bring us the opportunity to improve the home title process. Not only this, it can even eliminate title insurance.

Originated using blockchain, cryptocurrencies can be highly speculative.

[blockchainoodles]

Best Blockchain Development Services > Blockchain

In the blockchain development landscape, both shared and distributed ledger are essential when you want to achieve transparency and visibility. On the other hand, companies that use traditional databases that describe users flow with limited access to data. Blockchain solutions overcome this by allowing individuals to see what other participants are doing in the shared ledger. Thus, playing a prominent role in verifying transactions.

We Offer The Best Blockchain Development Services:POC Development services

We use the best PoC (Proof-of-Concept) services to increase the technical viability of your product and its potential in the market.

Private Blockchain Development Services

With us, you can build permissioned private blockchain applications for tasks such as supply chain management, financial transactions and facilitating data exchanges. Another reason businesses are opting for private blockchain solutions is they save can them infrastructure and operational costs.

Smart Contract Development Services

We use our experience of more than 3 years in blockchain development to help you design, develop, audit and optimize self-executing coded business contracts that automate intricate processes.

Hyperledger Development Services

Blockchain experts from Oodles Technologies help you in setting up enterprise-grade blockchain development solutions using Hyperledger Framework and development tools. Reach us and unlock the potential of open source blockchains for collaborative multi-organization development with distributed ledgers.

Supply Chain Development Services

Using blockchain based supply chain solutions, you can improve the traceability and transparency of business processes within the supply chain.

Cryptocurrency Development Services

If you’re looking to develop a cryptocurrency wallet, Oodles Technologies is at your disposal. Our team of expert cryptocurrency developers has immense of experience in working with cryptocurrency development platforms. They can help you create wallets that are secure, safe and highly functional.

How We Deliver The Best Blockchain Development Services?

Oodles Technologies addresses various blockchain technologies including distributed and shared ledgers and smart contracts. This is the reason we are able to offer the best blockchain development services to various type of industries.

Right from the scratch to the implementation, Oodles Technologies supports you at each step and help reform the way your business operates.

[blockchainoodles]

Cryptocurrency Trading Software > Trading

Even after the rise and fall of Bitcoin, cryptocurrencies are in trend in many countries. Bitcoin was an ingenious invention that paved the way for the development of many new cryptocurrencies called Altcoins. Altcoins derives from the codebase of Bitcoin. Now, hundreds of unique altcoins have surfaced over the years. Some of the popular Altcoins (cryptocurrencies) are Litecoin, Ripple, Dash, Dogecoin, and Monero. Cryptocurrencies are mainly used for trading and online P2P (Peer-to-peer) remittances.

When it about trading, there are numerous resources available that allow trading in cryptocurrencies. However, the most popular medium is the online cryptocurrency trading software or platforms. A cryptocurrency trading software or website offers the facility of trading in various popular cryptocurrencies and fiat currencies. Some of the instances of such crypto trading software (exchange platforms) are Krake, Shapeshift, Coinbase, Poloniex, Bitstamp, and OKCoin.

Why Choos Oodles Technologies For Cryptocurrency Trading Software?

Blockchain.oodles.io is a brainchild of Oodles Technologies. We are one of the fastest growing cryptocurrency trading software development companies. We offer end-to-end cryptocurrency development solutions for creating high-quality Cryptocurrency Trading Platforms. With the help of our cryptocurrency development services, we vision to deliver best-in-class blockchain and cryptocurrency services to our clients at the best market prices.

Benefits of Choosing Oodles Technologies:

Use responsive and user-friendly methods to make hassle-free transactions with minimal downtime.

Fast and easy registration process.

Enable Trade in popular digital coins like Bitcoin, Ether, Ripple, and Litecoin.

Find local and international traders with utmost ease.Buy/sell digital coins locally or globally.

[blockchainoodles]

Blockchain Service Providers > Blockchain

‘Blockchain is the new internet’ is the slogan proposed to influence people with this transforming technology. Undoubtedly, it’s heading in the right direction.

Blockchain is basically a shared, distributed database which can be used for recording transactions as well as to track tangible and intangible assets. And thus, Blockchain application development has gained significant traction across numerous industries.

We are Core Blockchain Service Providers having excellence in DApps (blockchain-based decentralized applications), Wallet, Trading, and Exchange development, Private Blockchain Solutions, among others.

Benefits Of Choosing Us As Your Blockchain Service Providers:Rapid Accomplishment

Oodles’ Blockchain experts guide you through every step of blockchain adoption. We provide you support from Design Thinking-led evaluation, expedited prototyping, PoC (Proofs-of-Concept) and rapid development to full implementation of blockchain solutions. Our custom blockchain solutions help boost the accomplishment of your blockchain network.

Interoperability:

Oodles Technologies’ vast experience helps ease the pertaining challenges to interoperability across the blockchain network. As well as, addresses vital factors such as security & privacy of shared data, consensus management, etc., across network users.

Trusted Ecosystem:

We utilize the potential of blockchain to turn your vision into reality. We create a network where:

Data is much more accessible and reliable.

Transactions network participants are verifiable and traceable.

Enable a trusted ecosystem with your suppliers, partners, and customers.

Technologies We Excel In:

Ethereum: To incorporate smart contracts for rapid blockchain solutions development.

Hyperledger: Customizable Smart contracts applications based on Hyperledger Fabric blockchain technology. That can be used across various industries, from financial services to supply chain, healthcare, education, and many more.

Hyperledger Ecosystem: For building secure and private blockchain applications that can be used across a variety of industries, from gambling to logistics, insurance, banking, healthcare, and more.

IOTA: To power the future of the Internet of Things (IoT) with free microtransactions and data integrity for machines.

Multichain: For creating and deploying your first private blockchain in minutes.

Wallet Development: We have reusable modules in place that helps you develop best cryptocurrency wallets based on the following cryptocurrencies in no time: Bitcoin, Ethereum, Ripple, Litecoin, and Daxxcoin.

Blockchain For Record Keeping:

Blockchain can record birth and death certificates, marriage licenses, deeds and titles of ownership, rights to intellectual property, educational degrees, financial accounts, medical history, insurance claims, citizenship and voting privileges, location of portable assets, provenance of food and diamonds, job recommendations and performance ratings, charitable donations tied to specific outcomes, employment contracts, managerial decision rights and anything else that we can express in code.

BigchainDB: For high throughput, low latency, powerful query functionality, decentralized control, immutable data storage and built-in asset support.

Multichain: To help organizations build and deploy blockchain applications with more speed.

Why Choose Us As Your Blockchain Service Providers?

Oodles Technologies excels in blockchain and its related technologies including shared ledger, distributed ledger, and smart contracts. We provide a wide array of blockchain services to help you in the realization of your blockchain network. We also use our expertise in other technologies to amalgamate them with blockchain and help amplify its value.

[blockchainoodles]

Smart Contracts Services > Smart contract

Smart contracts often present a certain level of complexity. Coming from various perspectives, every expert defines them in different ways and thus, creating misunderstandings of the name in regards to what changes they can do for businesses.

More of the haze ensues from standard definitions that don’t draw a significant distinction between smart contract services and legal contracts.

Smart Contracts

Services

vs. Legal Contracts

Although smart contract services can remove some of the problematic aspects of contractual law, they should not certainly be used as a legal concept. They do help elevate business transaction, but more as a technical solution for the digital landscape in which businesses relentlessly look for innovative ways to make their projects cost-effective as well as more profitable.

Smart contracts services entrust a few transactions basics to the computer by sending it directives with cryptographic code.

Smart Contracts:

Smart contracts are basically referred to a piece of code that skilled blockchain developers integrate into decentralized networks. They do it by working under a set of predefined, known-to-all-parties, principles.

So, businesses can use smart contracts services to simplify many of their business processes/operations that will require to be verified or completed by human interaction. In this sense, smart contracts for business can prove to be reliable auditors.

Why Are We

The Best Fit

As Your Smart Contracts Services Company?

We keep looking to leverage new technologies like smart contracts,hyperledger framework, Ethereum, etc., to integrate them with blockchain technology and amplify its value. This is the reason we have become one of the fastest growing smart contracts service providing company in India having a long clientele on a global scale.

[blockchainoodles]

What Do Governments Around The World Think Of Blockchain Technology

Governments around the world, deal with a lot of data. They need to utilize the records for social benefits, which consumes a lot of time and resources. Here, blockchain can prove to be a transforming technology. It can make a huge difference in such areas. Many nations see blockchain as a technology that every industry should nurture for reasons of competitiveness. It’s believed that mature blockchain development culture is likely going to be an economic asset in the coming days.

Initial skepticism about blockchain adoption now seems to be fading. Now there’s a global race where everyone wants to build up blockchain-friendly legal structures, and utilize it at the executive levels of industry and governance.

Blockchain Technology: What Do Different Governments Think About ItChina:

China was one of the earliest crypto miners.

However, this saw a few radical changes over the last two years, and today, the exchange and mining of cryptos in China get strongly discouraged.

On the other hand, a government-backed entity called the China Center for Information Industry Development (CCID) is ranking the trending cryptos on a monthly basis.

It means that China has begun to understand the potential of this transforming technology. China understands that Blockchain is probably going to prevail with us for the foreseeable future. Regardless of China taking actions to discourage the trade in cryptos, it’s actively promoting the blockchain solutions services and the development of Blockchain applications, except the unregulated crypto sector.

The China Central Television Network (CCTV) aired an hour-long tv special about Blockchain. The show was quite supportive of the technology.

As per Western sources, the CCTV announced that “the worth of Blockchain is ten times of the internet,” and went on to expressing influencing ideas throughout the show.

In fact, last year, CCTV was discouraging nearly everything related to the blockchain.

However, this 180-degree shift in the approach is worth noticing. The change in tone seems to be coming from the Communist power structure, with Chinese President Xi Jinping urging the nation to expedite the development of next-generation technology, blockchain included.

United Kingdom:

UK MP Eddie Hughes requested the government of his nation to form a government-sponsored official committee to oversee blockchain development.

With this, MP Hughes joined the bandwagon of lawmakers around the world that are looking for solutions to expedite the adoption of blockchain technology in his country.

In his remarks, he emphasized why he is supporting blockchain development. He said Blockchain technology is a key to both in maintaining economic competitiveness, and government efficiency.

MP Hughes believes that if implemented, Blockchain technology could save the government approx 1% a year, which is a significant amount of money. In addition to the initial cost-effectiveness of Blockchain, he sees the technology as a unique way for the UK government to bridge a level of trust between the government and its citizens.

Blockchain can efficiently store sensitive data, and let people see it without hampering the value of the information. Enabling citizens to go through government data could bring a new level of public oversight to governance. Not only this, it may allow elected official to demonstrate the work that they do in cold and hard figures as well.

South Korea:

South Korea has always been open about blockchain technology and welcoming anything related to crypto or blockchain.

Now, they’re planning to push blockchain development forward with fundingof worth more than $200 million. The goal is to aid blockchain platforms that streamline things like voting, logistics, and property rights.

South Korea boasts some of the biggest ports in the world, and they are joining other global logistics hubs to integrate blockchain into the global freight system.

Conclusion:

There are many archaic systems that modern world uses. Such as, the central banking system has been around for decades. The settlement infrastructure to assist international sea-born trades is very old.

Although people may be reluctant to Blockchain, the countries that face up to exponentially developing global environment are moving toward blockchain technology for help.

[blockchainoodles]

Blockchain Development Services > Blockchain

Hiring suitable blockchain development services to develop your distributed ledger technology (DLT) product means focusing on core competencies, services provided, and model offered by a Blockchain development company.

The language used to write Blockchains is not some incomprehensible Egyptian hieroglyphs. They are obtained from a range of standard programming languages including C#, C++, Python, JavaScript, Java, Golang, Node.JS, and Perls. Additionally, even though smart contracts that focus on Ethereum Virtual Machine (EVM) are penciled in Solidarity, some are written in rather mundane, common language like VB Net.

Thus, hiring Blockchain development services is quite similar to hiring software development services to develop any software product — with a few significant distinctions.

The services you hire should bring to the fore solid prowess in most if not all of the above-mentioned technical languages. It’s because developing commercially-viable blockchains, or smart contracts require added expertise in a few more technologies. So, without diving deep into any detail, here a list of eccentric technologies that are used to develop blockchain products.

Blockchains

Cryptography

Cryptocurrencies (Altcoins)

the Ethereum Virtual Machine (EVM)

Ethereum Blockchain As a Service (EBaaS)

Software-as-a-Service (SaaS)

Platform-as-a-Service (PaaS)

Distributed ledger technology (DLT)

Consensus methods

Decentralized technologies

Internet of Things (IoT)

P2P networks

Data security

Cyber-security

Web technologies

Before building your DLT product, your blockchain development company must know all of these technologies. Lack of expertise in any of these can form a gaping hole. It can affect the security or functionality of your product.

Why Choose Us?

We are one of the leading blockchain experts in every sense of the word. Our proficient team of blockchain developers is composed of diversely skilled programmers who help us deliver the best blockchain development services. With two R&D labs in India, we bring use our knowledge and experience in developing your Blockchain project.

[blockchainoodles]

Blockchain Solutions > Blockchain

Oodles Technologies is a renowned name in enterprise-grade blockchain solutions, consultancy, and custom blockchain development services. Our skilled blockchain developers bring a high level of security and versatility to your business by integrating the latest DLT (distributed ledger technologies), identity solutions, smart contracts, and many other latest blockchain technologies.

Blockchain Solutions by Oodles Technologies:Smart Contracts Development:

We are proficient in developing high-quality smart contracts based on distributed ledger technologies like Ethereum and Hyperledger Framework, which help us in developing secure, robust and decentralized smart contract applications.

Exchange Platforms Development:

Developing exchange platforms and wallets is a time taking process, however, it can be done cost-effectively and in a reduced time framework using our exchange development services.

KYC modules: For user identity and trust management along with KYC check integrated with the third-party screening APIs.

Order Matching: For limit orders, market orders and advanced order types such as stop-loss orders and conditional orders depending on the project requirements.

Liquidity Provider: Superior liquidity API, which highlights the buying and selling volume when integrated with the exchange platform.

Our Cryptocurrency Exchange and Wallet Features:

Scalability: Detailed and inclusive whitepaper services to promote your newly developed crypto coin in the market.

Usability: Easy-to-use, user-friendly dashboards, best-looking trading and custom themes created by our skilled UI designers.

Security: Two-factor authentication, decentralized ledger, and alerts for security layer.

Decentralized Exchange platform: Blockchain technology-based decentralized exchange platform and smart contract execution for the automation of processes/operations.

Easy to Set-Up: Customizable and configurable platform with easy to change platform settings and granular user access.

Trading Bot: For intuitive purchase and sell calls without any human interaction. Traders can track into their performance and analyze how consistent and accurate they’ve been.

Blockchain Development Services:

POC Development: Best Proof of Concept services to highlight the technical capability of a product and its potential in the market.

Private Blockchain Development: Develop decentralized Private blockchain applications for any industry to reducing your infrastructure and operational costs and saving a fortune.

Features of Private Blockchain Solutions:

Custom development solutions for Private Blockchain with runtime parameters.

Ability to create multiple key values and identity databases.

Tracking accessibility at all network level.

We provide dynamic control over all transactions.

Supply Chain Development: Increase transparency and traceability and cut administrative costs with best blockchain and supply chain solutions.

How Do We Work When Developing Blockchain Solutions?

Consult Your Requirements: The very first step is gathering the initial requirements during the first meeting. After a thorough assessment, we provide an approx budget and timeframe for the successful implementation of blockchain solutions.

Strategy and Conceptualization: Our team of blockchain experts, business analysts, and product managers outline a strategy to analyze your existing and future business processes/operations. Then, they distinguish the limitations and risks and begin the initial project architecture concept.

MVP features and requirements

Clickable prototype

Complete project plan

Final development proposal

Development: After your confirmation of the implementation, our development team begins working on the project. You can even track the development process of your blockchain project.

Deployable product

Compete product documentation

Release plan