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Blockchain Consulting & Solutions

What is Blockchain


Blockchain can be described as a distributed ledger. That means the ledger can be written onto with new information, but the previous information stored in blocks cannot be edited, adjusted or changed. This is accomplished by using cryptography to link the contents of the newly added block with each block before it, such that any change to the contents of a previous block in the chain would invalidate the data in all blocks after it.

Information held on a Blockchain exists as a shared and continually reconciled database. This is a way of using the network that has obvious benefits. The Blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet.

Business Benefits


The Blockchain is the first technology that enables the transfer of digital ownership in a decentralized and trustless manner. Blockchain is a way to secure and validate ownership in a digital asset or verify a transaction in a trustless, public manner.

  • Transaction-based
  • Benefits from public scrutiny
  • Innovation
  • Benefits from history that can’t be rewritten
  • Decentralization benefits the end user or customer

Types of Blockchains


Public Blockchain

  • A public Blockchain as its name suggests is the Blockchain of a public, meaning a kind of Blockchain which is ‘for the people, by the people and of the people
  • Here, no one is in charge and anyone can participate in reading/writing/auditing the Blockchain
  • Another thing is that these types of Blockchain are open and transparent hence anyone can review anything at a given point of time on a public Blockchain

Consortium or Federated Blockchain

  • This type of Blockchain tries to remove the sole autonomy which gets vested in just one entity by using private Blockchains
  • So, here instead of one in charge, you have more than one in charge like a group of companies or representative individuals coming together and making decisions for the best benefit of the whole network. Such groups are also called consortiums or a federation that’s why the name consortium or federated Blockchain

Private Blockchain

  • Private Blockchain as its name suggests is a private property of an individual or an organization
  • Here there is an in-charge who looks after important things such as read/write or whom to selectively give access to read or vice versa
  • Here the consensus is achieved on the whims of the central in-charge who can give mining rights to anyone or not give at all. That’s what makes it centralized again where various rights are exercised and vested in a central trusted party
  • It is cryptographically secured from the company’s point of view and more cost-effective for them

Platforms We Leverage

We work on various technologies and have in-depth expertise on leading DevOps tools, JS frameworks and other cutting edge technologies



Hyperledger is an internet Meta database protocol that utilizes Blockchain. Blockchain is the core technology of Hyperledger and a key to making shared databases securely and publicly/privately over different systems. Majority of Financial Institutes wanted to maintain the confidentiality of data through privately shared Blockchains, with rules and regulations defined by them. So, Hyperledger was created to fill some gaps from what enterprises such as financial institutes or supply chain industry wanted to deploy but Bitcoin lack of.

Benefits of Hyperledger

  • Modular Architecture: Hyperledger Fabric encourages developers to create pluggable components into its architecture.
  • Hyperledger abstracts away all powerful properties of Bitcoin.
  • Hyperledger is designed to be fast and scalable.



Ethereum is an open-source, public, Blockchain-based distributed computing platform and operating system featuring smart contract. It is an open software platform based on Blockchain technology that enables developers to build and deploy decentralized applications. Ethereum Blockchain focuses on running the programming code of any decentralized application. Ethereum Blockchain has some extraordinary capabilities. One of them is that you can build smart contracts.

What is Smart Contract

Smart contract is just a phrase used to describe computer code that can facilitate the exchange of money, content, property, shares, or anything of value. When running on the Blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Because smart contracts run on the Blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third-party interference.



Corda is an open-source distributed ledger platform especially geared towards the financial world as it handles more complex transactions and restricts access to transaction data. The aim of Corda is to provide a platform with common services to ensure that any services built on top are compatible between the network participants. Corda platform is already being used in industries from financial services to healthcare, shipping, insurance and more. It records, manages, executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.

Benefits of Corda

  • Data is shared only among relevant parties
  • Enables central regulatory body to observe directly
  • Uses Industry Standard Tools
  • No native cryptocurrency