EnglishPublic Blockchain Development Service
Why Public Blockchains Are Here To Stay
Why Public Blockchains Are Here To Stay
Transparency
A public blockchain network is completely open for anyone to participate in the network as the ledger is shared and accessible at any time. That creates full transparency and traceability in a shared network system.
Cost Efficiency
The decentralized nature of the public blockchain network eliminates the need for a third party, which saves more costs for the business.
Transaction Efficiency
The transaction process on a public blockchain network is incredibly fast, accurate, and reliable owing to the integration of smart contracts and the decentralized structure.
High Security
It’s impossible to manipulate the network as the public blockchain is highly secure with the record-keeping systems. Once the transactions are recorded, there is no way to modify or delete them.
What We Do
Our Public Blockchain Development Process
- Step 1Identify Business Goal
Conduct a comprehensive analysis of the business goals and requirements to evaluate if blockchain technology is required for your business. - Step 2Blockchain Ideation
- Carry out evaluation, prioritization for experimenting with blockchain
- Prepare a roadmap for the project
- Design a conceptual workflow
- Define to develop the project on permissioned or permissionless network.
- Step 3Proof of Concept DevelopmentShowcase the feasibility of your idea with a proof of concept, which could either be a theoretical blueprint or a prototype.
- Step 4Blockchain Network and Consensus Mechanism Determination
- Define whether a public or a private blockchain would be a better suit for your business needs.
- Select the right consensus mechanism to determine the flow of transactions.
- Step 5Development and Deployment
- Once everything is defined, we go into developing your blockchain solution.
- After the solution is developed and tested thoroughly, it will be deployed to make it available for end-users.
- Step 6Upgrades and MaintenanceCollect all of your feedback and requirements for further upgrades and maintenances.
Blockchain Platforms & Technologies
Tech Stack
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Frequently Asked Questions
01What is public blockchain?
A public blockchain is also called permissionless blockchain, it allows everyone to participate in and join the network. The system is decentralized and does not have any entity to supervises or controls the network. It is impossible to modify or alter data once they are validated, so the data on a public blockchain is secure.
02What are the advantages of a public blockchain?
03What are the examples of public blockchain?
04Public and private blockchain, which one to choose for your business?
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