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Blockchain
Yet, Blockchain is the new Internet, as some people fondly christen it. It is going to disrupt the way businesses and economies run in a way so extreme and extraordinary that there would not be much time left for existing entities to evolve and embrace its powers.
Blockchain Evaluation
Simply put, it is a distributed ledger. But who could have thought that a technology breakthrough that promises immutability, transparency, anonymity, efficiency, and speed, all under one umbrella, could change our worlds in such a small period!
Yet, Blockchain is the new Internet, as some people fondly christen it. It is going to disrupt the way businesses and economies run in a way so extreme and extraordinary that there would not be much time left for existing entities to evolve and embrace its powers.
From healthcare to finance, from retail to port trade, from diamonds to beer, from genome-sequencing to stock-trading – this phenomenon is already busy getting early adopters and experiments on its side. The outcomes of disintermediation, the absence of supervision and the complete absence of middle-men are transforming many business models upside down, thanks to its advent.
Blockchain impetus on trust and transparency, amplified with anonymity and global spread, makes it an unstoppable force already.
Why Vuesol?
It is risky to sit on the fence when something new and huge arrives. It is also risky to jump off the fence with no wherewithal and readiness. The trick lies in the balance. Vuesol combines the caution and the courage of both approaches through our wide berth of options that allows you to traverse blockchain confidently.
Our solutions and pilots give you a good roadmap and our teams make sure that your journey on this new wild trail is compelling and frictionless.
What We Offer
FAQ's
What is blockchain technology?
Blockchain is a decentralized, immutable database that makes it easy to track assets and record transactions in corporate networks.
Why Blockchain Consulting is Critical for Driving Business ROI?
Blockchain Consulting is critical for Driving Business ROI. The reasons are as follows:
1. Recognizing pain points and then thinking of a solution
2. Analyzing the Marketplace
3. Identifying Use-Cases with ROI impact
4. Guidance and Training From Professionals
5. Expert Blockchain Consulting Procedures Guarantee Successful Implementation
How blockchain consulting is helpful for my business?
Blockchain is useful for business transactions between entities. Permitted users using distributed ledger technology can access the same data concurrently, increasing efficiency, promoting trust, and reducing friction.
What is blockchain development company?
Blockchain Development Company helps start-ups, businesses, and enterprises to design more transparent, efficient, and automated versions of their businesses with our wide spectrum of blockchain development services.
How can blockchain be used in business?
Blockchain can increase transparency and combine the interests of a company with those of other members of its ecosystem, whether they are suppliers or customers, assuming a public network is established.
How to implement blockchain technology?
The following are the steps to implement blockchain technology:
1. Identify, define, and organize your needs in order to understand the exact problems you want to resolve and determine whether putting blockchain solutions into practice can aid in doing so.
2. It is essential to produce an effective Proof of Concept (PoC). PoC is a strategic method for evaluating how blockchain will be feasible for the business.
3. Choose one of the popular blockchain platforms like Ethereum, Quorum, Hyperledger Fabric, Corda, Stellar, and Open Chain.
4. Choose the right consensus protocol to create an indisputable system of agreement between the devices.
5. Build an ecosystem to understand the technology’s potential and improve standards and rules.
6. The new blockchain should determine the rules of engagement and navigate uncertainty.
What is the cost of setting up a blockchain?
The cost of setting up a blockchain model in your mobile app can cost anywhere between $3,000 and $5,000. The price may increase depending on the factors like tech stack, features, app platforms, and so on.