If you’ve made it this far into 2018, then you’ve no doubt lived through the hype surrounding blockchain and cryptocurrency, especially when Bitcoin came close to eclipsing the $20k mark last December. While the market has simmered down significantly since then, the reality is that cryptocurrencyand the technology that powers itis here to stay, especially now that companies are finding more inventive ways to put blockchain developers to use.
From tracking the origins of jewelry to managing a global shipping system, blockchain is being adopted by the likes of IBM, Samsung, and even car manufacturers to pioneer the next wave of tech innovations. That said, it should come as no surprise that demand has already spiked for savvy blockchain developers. According to a 2018 report from Upwork, blockchain is the fastest-growing skill out of more than 5,000 on their platform, with growth increasing by more than 6,000 percent during the first three months of 2018.
Over the past decade, the Internet and software have made the transaction of money practical. You can easily shop online and trade securities. But transferred financial assets go through correspondent banks, archaic systems linking clearing houses, and central depositories. Sometimes it takes many days for the funds to reach an account or purse to settle. Not only are these systems slow, but they are expensive and unsafe. Blockchain development is addressing this problem by restructuring fundamental business transactions, including money market transactions, and introducing new forms of digital interaction.
The high importance of blockchain has attracted the attention of organizations in different sectors, with banking sector being the most active at this stage. Blockchain has resulted in the development of thousands of new job positions and new startups ranging from mobile payment solutions to health care applications.
Whether you need a prototype or a production-ready platform, our engineering teams deep experience in cryptocurrency, data science, and serverless computing can help you leverage the benefits of blockchain. We will evaluate potential blockchains for your project, including Ethereum, Hyperledger, EOS, NEO, Tezos, and Qtum, and choose the best fit, like when to use private permissioned blockchains such as Quorum.
Today we are taking a look at an UAE blockchain developer software company, Leeway Hertz – blockchain development UAE
They provide various services including : Blockchain PoC, We have completed more than 5 Blockchain PoCs for Startups and Enterprises.
Development Portfolio example:
Blockchain-based Pharma Supply Chain Solution
To track the movement of drugs from the manufacturer to the end consumer at global locations. Blockchain technology helps to maintain trust between all parties by capturing records from every location to the chain, eliminating paperwork. Ensuring no counterfeit medications slips because of lack of traceability. Ability to identify stock locations in case of a medical recall.
We convert ideas into practical applications that are scalable and reliable. We recommend following a process to test quickly and get product maturity at early stages. With the experience of building 100+ digital platforms for clouds, apps, and blockchain companies, we have tailored our process to match the ongoing blockchain industry changes.
Visual & Technical Design
Create User interface design for each software component
Design technical Architecture
Identify the level of focus on scalability and Security
Document technical GDPR compliance requirement
Create sprints and delivery milestones
Supporting the following platforms:
1. Ethereum – A decentralized public platform that runs dApps
2. Hyperledger – A provisioned private network meant to share data and process for enterprises
3. R3 – A solution for managing financial agreements
4. Stellar – Stellar is an open platform for building financial products that connect people everywhere.
5. EOS – EOS is a decentralized blockchain, which can process fast and free transactions.
6. Hashgraph – Fair, Fast and most secured acrylic graph DLT.
7. Corda – Corda is an open source blockchain platform for businesses.
8. Credits – Credits blockchain platform manages for creates financial services based on blockchain/ledger
9. NEO – NEO is a blockchain platform designed to build a scalable network of decentralized applications.