Blockchain Development Services

ABD’s blockchain development services including below:

1. Cryptocurrency Development
2. Cryptocurrency Wallet Development
3. Smart Contracts Development
4. Private Blockchain Development
5. Blockchain Application Development

1.  Cryptocurrency Development
Secure, seamless, and scalable solutions in custom cryptocurrency exchange and wallet development.

– Altcoin is a term which refers to the cryptocurrencies other than Bitcoin. Bitcoin was the world’s first cryptocurrency that was developed by Satoshi Nakamoto in 2009. After Bitcoin, many other cryptocurrencies were formed and as of today, there are thousands of them and are popularly known as Altcoins.

– Categories of Altcoins:

A)  Proof of work (POW) coin
B)  Proof of Stake (POS) coin
C)  Proof of work (POW) & Proof of Stake (POS) coin
D)  ERC20 Token
E)  Masternode coins

2. Cryptocurrency Wallet Development

– Cryptocurrency is a type of digital currency based on blockchain technology. Whether you wish to own cryptocurrencies or trade them, you should have a Cryptocurrency wallet. Cryptocurrency wallets are software programs specifically designed for the management of the digital assets. When you own a Crypto wallet, you have one or more addresses corresponding to a pair of either public or a private key.

– We specializes in the secure and reliable Cryptocurrency Wallet Development services for the safe management of crypto-assets.

– Categories of Cryptocurrency Wallets:

A)  Based on the platform – Mobile, PC, cloud
B)  Based on the currency type – Single currency, multiple currencies
C)  Based on the private key storage method – Hardware, terminal device, paper
D)  Based on the Access – Multisignature, Single

– Variety of basic features include in the Cryptocurrency Wallets:

A)  Private key generation and secure management
B)  Mnemonic phrase generation and secure management
C)  Wallet address generation
D)  Uploading private keys and mnemonic phrases generated by other wallets
E)  Facility to create addresses to receive digital assets
F)  Facility to create addresses to transfer digital assets
G)  Facility to check the balance and transaction histories

3. Smart Contracts Development

– Smart Contract is one of the most sought-after applications of blockchain which enforces negotiation between two parties based on certain contractual clauses. It’s a computer protocol which executes itself whenever it is exposed to a trigger event which can be any kind of data input. For this reason, they are also called self-executing wills. In this way, the smart contracts facilitate a fair exchange of goods and services between the exchanging parties.

– Smart Contracts are backed by the state-of-the-art Blockchain technology which also adds a strong layer of security and transparency to the transactions. The contractual data is stored on Blockchain which is an immutable and tamper-proof record of stored information. This makes it impossible to change or modify the contractual clauses. These contracts also use Escrow service which is primarily meant for providing a fair exchange.

– We have a proficient team of Blockchain Developers that specialize in building world-class decentralized apps (DAPPs) for different industries. We also work on the Ethereum blockchain to create solidity smart contracts. Our team of Blockchain Developers is proficient in using Solidity which happens to be the key programming language for Ethereum blockchain. We also have a dedicated team for Smart Contracts Audit.

4.  Private Blockchain Development

– A private blockchain network requires an offer/invitation validated by the network initiator.It is usually set up by the network validator, where every participant holds the ultimate power to choose who can and cannot be a part of the network and perform transactions. It’s pre-determined that every new entity will become a dominant player for managing the blockchain in a decentralized manner. Every private blockchain network seeks either an invitation or permission to join. Being said, every participant will have the authority to choose the future entrants.

– The only difference between private and public blockchain works is, the private blockchain network requires authorization from the network starter. To give control access or the transaction rights to other parties, it’s not open for all. The private blockchain is majorly used in enterprise level applications by financial, healthcare and legal industries where the security, scalability and higher TPS are extremely important.

– Advantages of private blockchain development:

A) Cryptographic Auditing
– Much secured than the public blockchain since nobody can tamper with the data also the mistakes can be easily traced back. It is faster than the public blockchain network and always abides by the company’s privacy policy.

B) Improved Efficiency
– Because of private blockchain allows the network participants to share data within organizations, in a much safer way, it is considered the most potential method for improving the efficiency of the back-office settlement process.

C) Glorified Databases
– As the private blockchain network, all the dataset remain intact within the organization. Also provides the ability to slowly grow from a private blockchain network into a widely accessible public blockchain network.

D) Control The Environment
– Having set up a private blockchain network, an organization can take complete control over the participants of the network. Also, take the advantage of blockchain/decentralized technology by setting up groups and entrants who can verify transactions internally. Will have minimal or no scalability issues and allows faster transactions.

5. Blockchain Applications Development

The emergence of cryptocurrencies has changed the way we made online payments. A peer-to-peer payment system seems to be more convincing than the conventional payment methodology which involves a central system like banks to approve the transactions and payments every time.

After the phenomenal success of Bitcoin, cryptocurrencies have gone mainstream these days. Thousands of new cryptocurrencies have emerged post the success of Bitcoin and new ones keep coming every now and then. Most of these new cryptocurrencies are derived from the original code base of Bitcoin and are popularly known as Altcoins.

Owing to the increasing popularity of Cryptocurrencies, the demand of Cryptocurrency-based websites is also increasing at a brisk pace. For retailers who want to established their service and products in this new ecosystems, we have solution for it. We have proficient team of ecommerce developer that specialize in building ecommerce webstore with cryptocurrency payment method including altcoins. Retailer can offer payment method in their own altcoin.