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Blockchain Software Development Services – Why You Need Them and How We Help
Blockchain technology focuses on transparency and security. Though created in 2008, the interest in blockchain applications has increased. With its characteristics, blockchain software offers many possibilities, such as reduced costs, transparent ledgers, and much more.
However, before you can execute transactions that are highly secure or assist with your financial services, you need a blockchain solution that focuses on your needs. Therefore, choosing the right software development company is crucial.
What Is the Blockchain?
Blockchain is the creation of Satoshi Nakamoto, which is an individual or collection of people under this pseudonym. It was initially introduced with Bitcoin, though you don’t have to use digital assets to build blockchain platform options or have a distributed ledger.
A blockchain is a secure method of managing online processes, typically cryptocurrency transactions. Every blockchain needs development to ensure that the protocols required to run a blockchain are designed successfully. This is the architectural development of the blockchain, or ‘core’ development.
What is the role of a core developer?
The role of a core developer is as follows:
- To understand and implement features and functionality of blockchain
- To design consensus protocols for blockchain networks
- To ensure the security of data stored in the network
- To ensure the blockchain functions smoothly
Secondly, blockchain development must be successfully developed and implemented if it is going to be fit for purpose. This is the role of the blockchain software developer – to take the protocols and solutions created by the core developer.
What is the role of a blockchain software developer?
The role of a blockchain software developer is as follows:
- Design and implement smart contracts
- Develop and deploy dApps
- Ensure successful integration with other applications and services
The Benefits of Blockchain Development for Businesses
Regardless of the industry, the blockchain can transform business models and is implemented across government, supply chains, financial services, retail, healthcare, and so on. It adds value to companies by offering:
- Reduced costs
- Enhanced traceability
- Increased speed
- More transparency
- Transaction security
Overall, blockchain application development ensures that any virtual machine you have is highly secure. You may deal with peer-to-peer networks or smart contracts and feel confident with the blockchain technology used.
However, this means that you require blockchain development services from the top companies to create a decentralized blockchain network. ChampSoft can assist!
Why ChampSoft for Blockchain development?
ChampSoft are a blockchain development specialist. We have many years of experience in software development as a whole and blockchain development specifically, and can assist with your blockchain software development requirements. Along with that, we have experience handling blockchain frameworks, such as Hyperledger Fabric, Sawtooth, Iroha, Burrow, Corda, Graphene and Ethereum blockchain.
Our blockchain developers have expertise in financial, insurance, retail/wholesale, healthcare, energy/utilities, and so much more.
ChampSoft have a pedigree of always baking-in security to their development process; this makes our blockchain developers them ideally positioned to develop blockchain solutions.
ChampSoft are positioned at the bleeding edge of development, so are a natural fit for an emerging and quickly evolving sector like Blockchain development. Our experience of blockchain platforms is vast.
Using ChampSoft gives you access to a ChampSoft Software Visionary with experience of app, dApp and software development, experience of the financial sector and experience of the Medical sector which uses Blockchain for storing medical records.
ChampSoft are dedicated to a process-driven approach, where each process is linked synergistically, not unlike blockchain itself.
ChampSoft understand the criticality of security in the software space; its staff will approach Blockchain development projects with security at the forefront of their minds.
ChampSoft have trained their staff to a high level of technical competence when it comes to blockchain. This means being experts in:
- Understanding blockchain architecture
- Data structures and coding
- Building robust smart contracts
- Cryptography
Blockchain Technology We Deliver
When it comes to your blockchain development project, we offer various services. These include:
Smart Contracts
We can help you build protocols that guarantee the integrity for multi-party agreements. With that, you can automatically enforce any fixed obligations, which makes it easier to do your job and get what you deserve.
Blockchain Wallets
Digital wallets are crucial for storing and using cryptocurrencies. These include Litecoin, Bitcoin, Ethereum, and others. However, many companies find it hard to set up their wallets, and this can be part of your blockchain development journey with ChampSoft.
Decentralized Apps
Blockchain app development is crucial to have encrypted peer-to-peer apps. There is no single failure point and no downtime with a blockchain app. This means your apps work for you 24/7 with no issues.
Decentralized Organizations
It’s crucial to have decision-making platforms for low-stress communities that are highly productive. Whether you want this for your company or outside resources, there’s no central authority.
Private Blockchains
We follow appropriate blockchain protocols, so you get a scalable and secure permission-based ecosystem. This means less downtime, no risk of hacking, and something that grows with you.
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Service Options Available with ChampSoft
Everyone requires different services to handle blockchain implementation. You may want to focus on your existing blockchain technology to improve on it or create blockchain apps from it. Regardless, we offer many options, such as:
Blockchain Consulting
- Blockchain security consulting
- Create a blockchain implementation strategy (technical product management and design)
- Business case development
Full-cycle Blockchain Development
- Blockchain software management
- Quality assurance and testing
- Smart contracts and client app development
- Blockchain architecture design
- Blockchain technology consulting
Blockchain App Integration
- Integrating components of an ecosystem based on the blockchain. Can be built on different platforms into one ecosystem
- Integrating newly built decentralized blockchain apps (client apps and smart contracts) into one enterprise ecosystem
Principles Our Blockchain Developers Use
Working with a blockchain developer ensures that they adhere to strict protocols. ChampSoft uses specific principles, and each core blockchain developer is responsible for following those through each step of the blockchain development process. They include:
Compliance for Security and Data Privacy Regulations
We help you create a strategy to prevent technology, process, and governance risks in compliance with AML, PSI/DSS, HIPAA, GDPR, ISO 27001/27002, or other security standards. With that, we enforce policies to implement authorization controls in APIs, confirm transaction validity, set up privileged access management, and much more.
Guaranteed ROI
Our goal is to help you achieve a return on investment for your blockchain software in as little as 12 to 18 months. Though the technology is capital-intensive, non-IT enterprises can create profitable business models. With that, they can lower the cost of business operations, compliance, and transactions. SaaS companies also benefit by bringing in new customers with secure products. You guarantee transaction transparency with your blockchain applications.
Technologies We Use
These are some of what we offer:
- Hyperledger (Sawtooth, Iroha, Fabric, Burrow)
- Ethereum
- Corda
- Quorum
- Exonum
- Openchain
- Ripple
- Multichain
- Graphene
Are You Ready to Start Your Blockchain Project?
If you are now ready to create smart contracts, blockchain apps, and have an ecosystem in place that promotes compliance, transparency, and ROI, now is the time to talk to a ChampSoft representative. You have access to your own blockchain developer and can explain what you want and need from them.
Those who aren’t sure where to begin, don’t worry! Our team of experts is here to assist. Give us whatever information you have, and let us help you find the right requirements for your business.
We can help you with your business processes through a blockchain-based application. With that, our team can help you pick the right blockchain platform! Now is the time to adopt blockchain because it assists in so many ways and is highly secure. Let ChampSoft help you get started!