According to Garner, Blockchain is expected to create $176B in business value by 2025 and over $3T by 2030.
Cryptocurrency, Smart-Contracts, and Enterprise Blockchain app development require tremendous responsibility due to their high financial and security risk. That’s why we InApps Technology (Top 1 ranking blockchain development in Vietnam from 2021 Clutch (2021)) rely on established processes that create a sophisticated approach for quality control in the outsourced project. Our team works hard at delivering successful solutions by leveraging expertise from various fields – one way or another, it always helps when working through these complicated matters!
Blockchain-as-a-service (BaaS) is a third-party cloud-based infrastructure and management for companies building and operating blockchain apps. Its functions somewhat like a web host, keeping the backend operation for a block-chain based system running.
Just like software-as-a-service (SaaS), BaaS helps businesses digitize transactions with minimal hassle. Operating through a secured and distributed ledger allows business to be more agile and resilient. Additionally, it facilitates business development and saving the costs of operations and maintenance.
Since Blockchain is encrypted, decentralized, and cross-checked, records on this "ledger" are immutable to change. Sensitive and confidential business information can be protected by using smart contracts.
So you can put your head at rest knowing your data is safe and secured.
To get you started on your journey with Blockchain software development, evaluating your systems is necessary to understand if your infrastructure is compatible with Blockchain.
Here are some steps to help with your assessment:
1. Evaluate your current traceability technology.
2. Assess how your traceability information is currently stored and documented.
3. Evaluate important tracking events.
4. Understand your current IT infrastructure.
5. Evaluate your IT capabilities. Need additional help with assessing your capabilities?
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