Why Blockchain Development?
Initially, blockchain was designed as a ledger technology to deliver the transparency in the transactions of cryptocurrencies. But, now it has become the talk of the town. Blockchain allows two parties to exchange data directly without any involvement of intermediaries. It is stable and cryptographically secured with Hash functions. The best part is everything stored in a blockchain is open which is an extremely transparent way to track your assets.
Features of Blockchain
As a reputed blockchain development company in India, NXG Solutions offers a wide range of blockchain industrial applications all revolving around data storage in a better and safer environment. Our expert blockchain developers have a comprehensive knowledge of blockchain framework and have successfully completed small to major Blockchain and cryptocurrency project worldwide.
- Cryptographically Secured : Digital Signatures make the data in a blockchain cryptographically secured. Thus, every transaction is immutable and secured. The model carries absolute resistant to theft and tamper.
- Distributed : A blockchain network is secure, authentic and transparent.
- Decentralized : It is a decentralized ledger system having no central system. The information created by a node is centralized between all the participants in a network.
- Shared : The best part about this technology is that it is more reliable when shared with a large network.
Smart Contract Development
Smart contracts are the simplest form of decentralized automation. They ensure the transparency of the online processes. They are self-verifying, self-executing and tamper-resistant. At NXG Solutions, we will get your smart contract codes to work in the way it is intended to.
Hyperledger
It is an enterprise-grade distributed ledger based on blockchain technology that uses smart contracts. We help you in building it for your enterprise.
Private Blockchains
If you intend to get a blockchain built and operated for your organization, hire our blockchain developer.
Cryptocurrency Wallets
It is a software program that acts as a digital wallet. Cryptocurrency wallets are designed to extend a high level of security.
Exchanges
Buying, selling or exchanging multiple cryptocurrencies are possible through a cryptocurrency exchange. Being the best blockchain development company in India, NXG Solutions excels in developing custom cryptocurrency exchange solutions.
Ethereum
It is an open software platform based on Blockchain technology that expedites the development of Smart Contracts and Distributed Applications (ĐApps).
Supply Chain Blockchain
It enables the formulation of a transparent supply chain process. We help you in developing a distributed ledger for your supply chain with the clean dissemination of data.
Solidity
Ethereum based applications and smart contracts are written in a language named Solidity. It is used to execute smart contracts in any Blockchain. We can help you in executing them.
Industries We Serve
- Finance:Today’s banking systems lack inclusion and fairness. Blockchain services are widely accepted and tested in the global financial sector. The end users are keen to convert their assets into cryptocurrency. It will save their time and cost of paying extra on conversion and transaction. Our expert blockchain development team in India caters all the financial sector services.
- Supply chain systems:We also coddle supply chain systems prone to product tampering, wastage, and infringement. Blockchain technology can help secure the product-marking & supply-chain routing. It will cap all the possible sources of the mismanagement in this sector. Supply chain companies are actively considering smart contract development. This will save time and money involved in the paperwork & clearances/authorizations involved. Our Blockchain development services can help in making your supply chain system completely transparent.
- Real Estate:Bureaucracy and fraud are two reasons for the lack of transparency in the real estate industry. Hence, the real estate industry is receptive to both. Blockchain can help the real estate industry by speeding up in many ways. For example the process of tracking, verifying ownership, and many more. Our professionals can help you in enhancing your real estate business with blockchain development.
- Insurance:The insurance industry is in its initial stage for the integration of blockchain. Insurance companies will be soon able to use the verification ability of distributed ledger. They would be able to verify data within contracts independently. And at every stage, they can experience a smoother process.
- Retail:Individual shoppers at regular stores or online market trust the retail systems. With the help of blockchain, the middleman can be abducted. Prices will surely become competitive when buyers & sellers directly come together. Smart contracts help in enhancing this process and also increasing its security. Our blockchain developers can help you in integrating systems that offer you the required transparency.
- Music & Entertainment:Entrepreneurs in the entertainment industry use blockchain for transparent content sharing. This is done with the help of smart contract development services. There are licensing agreements which are pre-determined. The revenue on creative-work purchases is disseminated automatically using smart-contracts. Hence, blockchain can help in copyright infringement for the Music & Entertainment industry.
