Blockchain Based Application Development >

Blockchain Based Application Development

Facts revealing the strong impacts of Blockchain technology in several industry verticals are not new. This technology is breaking new barriers every day with holistic adoption in every sector, including defense, government, enterprise and as a public utility. However, this technology is still nascent in its evolutionary trait with massive prospects of utility. It’s contrasting features compared to the internet while being a facelift of the existing infrastructure are transforming as the primary reasons for its aggressive adoption. The current state of blockchain based application development services is perceived through the following facts:

  • Per Gartner, the business value-add of blockchain technology will exceed $176 billion by 2025.
  • The market value of the technology is expected to cross US $3.1 trillion by 2030.
  • Another estimate projected blockchain will grow with a CAGR of 62.1% between 2015 and 2025 reaching US$ 16.3 Billion.
  • There is a sharp rise in blockchain based application development. By mid-2017, Ethereum had almost 10,000 projects on GitHub, which was only 3 in 2013.
  • Also, one in every three bankers is expected to adopt commercial blockchain by 2019.

Recent News in Blockchain Development Industry:

Why your Enterprise Need Blockchain Based Application Development Company?

Apart from innovative use cases emerging every day, blockchain emerged as a lucrative investment for venture capitalists, corporations and medium scale enterprises. Blockchain-based application development is fueled by mushrooming startups, cryptos as well as crypto exchanges. Governments across the world are adopting blockchain solutions aggressively. Blockchain based application development company are gaining relevance in the internet ecosystem as the demands of blockchain solutions are increasing. Blockchain adoption offers the following advantages to an enterprise.

  • Increases process efficiency by rendering optimal transparency in operations.
  • Saves time and resources by making operations faster.
  • Eliminates the requirement of third-party authentication of transactions.
  • Build a strongly secured infrastructure and hack-prove system, as records are cryptographically encoded.
  • Enable the traceability of information and streamline the flow of records and data.

Enterprises switching into this technology are gaining its ingrained advantages and achieving a competitive edge over their competitors. Blockchain technology is crucial to bring massive RoI. Blockchain can effectively handle the following issues in an enterprise.

  • Operational bottlenecks of scalability and management.
  • A threat of security and loss of data.
  • The requirement of transparency across the chain, both within and out of the organization.
  • The requirement of centralized vigilance.
  • Need to increase productivity and strengthen management.

Industries Using Blockchain Technology Effectively

FinTech                   Insurance                        Healthcare                            Legal Industry

Oodles Blockchain as a Blockchain Based Application Development Company

Oodles Blockchain is an emergent leader in blockchain based application development. We are with the industry since its inception half a decade before. We are growing our resources to handle leverage new blockchain technology while deepening experience on the existing expertise. Oodles Blockchain is successful to contribute towards the growth of enterprise blockchain as a new standard. We have developed an array of blockchain-based applications comprising of diverse use cases. Our portfolio comprises contrasting blockchain projects from diverse industry.

Technology Expertise of Oodles Blockchain

IOTA                       Stellar                       OpenChain                         Ethereum

Contact Oodles Blockchain now to transform your technology platform.

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Unit No. 110, IRIS Tech, Park, Sector 48, Sohna Road, Gurgaon, India, 122018
Unit No. 951-955, Tower B1, Spaze I-Tech Park, Sector 49, Sohna Road, Gurgaon, India, 122018
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