Blockchain Development
"Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly."
-Vitalik Buterin
Blockchain, the decentralised secure network
The Blockchain is an encrypted, distributed database that records data, or in other words it is a digital ledger of transactions, contracts - that needs to be independently recorded. One of the key features of Blockchain is that this digital ledger is accessible across several hundreds or thousands of computers and is not bound to be kept in a single place. Blockchain has already started disrupting the financial services sector, and it is this technology which underpins the digital currency - the bitcoin transaction.
Benefits of Blockchain Technology -
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Increased time effectiveness due to real-time transcations
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Direct Transactions eliminate the overheads and intermediary costs.
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Reduced risks to cybercrimes, frauds and tampering.
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More transparent processes with a proper record creation and tracking
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Highly secure due to cryptographic and decentralised Blockchain protocols. We at Calibre Consultants advise our clients to implement Blockchain Network in following areas -
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Blockchain B2B Application Development
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Blockchain Network Production and Deployment
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Distributed Ledger Technology
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Public Blockchain Solutions
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Private/Enterprise Blockchain Solutions
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DAPPS and their use cases in particular industries.
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Unrelented and tamper proof peer to peer communication
Blockchain Use Cases
Healthcare
Blockchain has many applications in healthcare, and can improve mobile health applications, monitoring devices, sharing and storing of electronic medical records, clinical trial data, and insurance information storage.
Government
On a blockchain-based government model, individuals, businesses, and governments share resources over a distributed ledger secured using cryptography. This structure eliminates a single point of failure and inherently protects sensitive citizen and government data.
Finance
On a blockchain-based government model, individuals, businesses, and governments share resources over a distributed ledger secured using cryptography. This structure eliminates a single point of failure and inherently protects sensitive citizen and government data.
Real Estate
Blockchain technology has impacted the real estate industry in a variety of ways, including offering a new means for buyers and sellers to connect with one another. Blockchain could be used to cut intermediaries out of the real estate transaction process, thereby reducing costs
Insurance
Blockchain technology enables automated real-time data collection and analysis, potentially making some types of P&C claims process up to 3x faster and 5x cheaper than at present. Automated “smart contracts” can greatly speed up claims processing and payouts, saving insurers a huge money
Agriculture
The blockchain technology enables the traceability of information in the food supply chain and thus helps improve food safety. It provides a secure way of storing and managing data, which facilitates the development and use of data-driven innovations for smart farming and smart index-based agriculture insurance.
Automobile
A blockchain based solution that records and executes agreements and monetary transactions to enable vehicle owners (individuals) to monetise trips. This solution would interconnect smart and/or autonomous vehicles, car-sharing providers and the end-users in a secure and reliable manner.
Energy
Blockchain technology has the potential to transform the energy sector. Distributed ledger technology has the potential to improve efficiencies for utility providers by tracking the chain of custody for grid materials. Beyond provenance tracking, blockchain offers unique solutions for renewable energy distribution.
Trade
Blockchain has many applications in healthcare, and can improve mobile health applications, monitoring devices, sharing and storing of electronic medical records, clinical trial data, and insurance information storage.
Blockchain Platforms that we work on
Hyperledger
Ethereum
Corda