What exactly is Blockchain?
Blockchain is a distributed and decentralized public ledger. In simple words, Blockchain technology is a record-keeping technology, which can make any database secured and transparent for its users.
It is a chain of blocks. Each block carries digital data (database) and is connected with chains. Each time a data is added or updated, a new block is created. Thus, users in the system can track all the updated taking place in the system. There are three core types of Blockchains available in the market. Private blockchain, public blockchain and hybrid blockchain. According to the usage and scalability of the project, people select any of these blockchains.
Our blog on this would help you more to know about Blockchain Hows, Whys !!
Who is using Blockchain?
Blockchain is not limited to concept only. From the infamous Bitcoin cryptocurrency to using Blockchain in supply chain management, it is gaining popularity. From the Tea Board of India to World Food Programm by UN, international government bodies have started adopting Blockchain in their systems.
Not only that, tech giants like IBM and Microsoft have also emerged as a Blockchain as a Service partner for developers to help them build their applications based on Blockchain.
Also, logistics, Medical record keeping, social media, payment applications, influencer marketing platforms and digital marketing are some of the examples where Blockchain can bring a positive impact.
How does Blockchain help?
Blockchain cuts the need of the middleman. Which means when you deploy a blockchain-based smart contract in your application, the system would itself automatically ensure that all the base guidelines are maintained and verifies the transactions.
Blockchain also allows the facility of multi-partner systems. Organizations where more than one partner is responsible for decision making, by the means of the decentralized system, it can automatically ensure all the compliances and would alert all the system users about the new change.
Blockchain also makes record-keeping easy. Due to being a distributed ledger, system members can check the transactions. This makes the system more transparent for its users. Without leaving a new block, nobody can make any changes in the system or cannot delete the new block of change. Thus Blockchain makes things more transparent.
From online KYC to implementing smart contracts to make things automatic, blockchain is the way to go.
Why Adrixus Tech Studio choose Blockchain as core technology?
We at Adrixus Tech Studio believes in growing together with the community. We have a mission of building to help.
At Adrixxus Tech Studio, we work on the next generation and young technologies. When it comes to Blockchain, real-world usage is still in progress and we would love to be a part of this new movement of bringing it to the consumer. Also, blockchain technology has a strong potential to scale up the future.
Also, for the Blockchain-based product development, we hold good expertise, certified developers and a couple of POCs ready to scale. Our research team has also been largely focused on searching for more focused solutions on Blockchain and some of the results are on their way. With our experience of more than 3 years in the Blockchain domain, we have developed confidence in what would the market adopt and how we can change the world. And that same energy and experience help us add value to all our teams.
When it comes to Blockchain, it is one of those technologies that would bring equality for everyone. When a user is a part of a Blockchain-based system, everyone gets the same stake. Everyone can audit the system and can play an active role in a system in a distributed system.
Blockchain is not only a powerful technology, but it also defines a new way for our old technologies.
What has Adrixus Tech Studio done in Blockchain?
Adrixus has also worked for various Blockchain-based projects and POCs to help the community and clients. We are also working on a Blockchain-based product which would help brands and influencers collaborate with greater transparency.
TeekTaka is a Blockchain-based supply chain management system, where Adrixus team has developed UIUX for them.
How can you start exploring Blockchain as a beginner?
Working on Blockchain requires efforts in understanding the blockchain technology and how it works. Dealing with Blockchain means dealing with the technology of the next generation. Blockchain is also not very quick to deploy and it takes its own sweet time to go from ideation to deployment and execution process.
But, to get started, a beginner developer can start with learning about how blocks and chain mechanism works in the blockchain-based system. The definitions of how decentralized systems works and how to deploy the immutable framework is also important.
There are many skill centric training available online which would help you to learn the concepts of the blockchain and how to produce code while using all the coding standards to make your project a success.
Try to develop your own POC on an open-world issue. That might be related to the governance aid or related to any other sectors where Blockchain can make a difference and a positive shift.
Having a POC at your side would help you to gain new projects or a job in Blockchain development.
How collaborations can help you to be ahead in the game of blockchain?
While learning about Blcockahin might help you to go ahead in the game and gain trust in the community. The blockchain community is growing rapidly and people are adopting it into their projects. However, when a technology is driven by the community, growth and development happens together.
Organizations which are getting started with such emerging technologies should also consider collaborating with the experienced companies. By doing that, the adoption of new technologies in the team becomes easy and integration and outsourcing capabilities also go high. Adrixus Tech Studio is one of the early age blockchain development companies who are already into this.
Are you also willing to try your hands on Blockchain-based applications? Connect with us now!