Table of Contents
Introduction
The blockchain is an incredibly useful technology, as it can be used to keep records and make transactions faster, cheaper, and more secure than ever before. The technology itself has not yet come into widespread use, but the companies that can develop blockchain software are already in high demand by big businesses that see the value of this technology in the world of digital transactions. This article will cover some of the biggest blockchain development companies in India, along with what they have to offer prospective clients, as well as how they operate to ensure that they provide top-quality services to their clients.
What is Blockchain Technology?
Blockchain is an undeniably ingenious invention –the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What Is Blockchain? Blockchain technology can be utilized to build decentralized applications. All kinds of decentralized apps are based on blockchain. From crypto currencies to data storage and voting systems. We’re going to take a deeper look into blockchain development. In doing so we’ll explore some of its primary uses and benefits as well as go over some blockchain development basics you should know about.
Blockchain Software Development
From startup to enterprise-level firms, blockchain software development has proven its worth in 2018. Blockchain technology is poised to revolutionize banking and financial systems, making it possible for individuals to transfer money instantly with total security. In 2018, blockchain-based smart contracts and crowd funding raised $56 million through ICOs (initial coin offerings), resulting in more than 200 percent growth over 2017. Blockchain software is at a stage similar to that of smartphones just 10 years ago—limited only by our imagination. Here are five top blockchain development companies providing innovative software solutions across a variety of industries worldwide. In 2019 Blockchain technologies have been widely adopted as most successful businesses use blockchain-based applications for their operations and clients. A Blockchain developer can create a new crypto currency or an ERC20 token using the Ethereum platform. There are many blockchain developers available online who can help you with your project from start to finish if you require assistance on anything related to blockchain technologies please get in touch with us we will be happy to assist you with your project needs.
An Indian blockchain company named Nucleus Vision has created their Cryptocurrency Cash which is built upon the ERC20 tokens platform based on the Ethereum Blockchain network which means any application built upon Ethereum blockchain can utilize Nucleus Vision’s cash cryptocurrency tokens within their application or service seamlessly.
Therefore, if you’re looking for a Blockchain Development Company in India or a Blockchain developer, you’re in right place here we list the top blockchain companies providing high-quality services at competitive rates across different industry verticals.
Top 5 Indian Blockchain Development Companies
More and more companies are integrating blockchain technology into their business models. However, most companies still have a long way to go before they’re able to reap its benefits and realize its potential. This also presents an opportunity for businesses to get ahead of their competitors. To help you gain a competitive edge, we’ve compiled a list of the top five Indian blockchain development companies and what they specialize in. Check them out below!
1. Iblix Solutions is one of India’s leading blockchain development companies that has been making waves with its innovative approach to building enterprise-grade distributed ledger solutions. Founded by Devendra Chawla and Sohail Merchant, Iblix has delivered over 50 projects using Hyperledger Fabric and Corda platforms for enterprises across sectors such as banking & financial services, supply chain management, e-commerce & retail, healthcare & life sciences, and logistics & transportation, and more. Some of its clients include ICICI Bank, Ola Cabs, DBS Bank, HDFC Bank, and Accenture.
2. NADCAB Technology is a top-rated blockchain app development company, established in India in 2017. As a salesperson, they also have a representative in California, USA, and Dubai, UAE.
NADCAB TECHNOLOGY is known for its excellent work in Blockchain Software Development, Smart Contract Development, Exchange Development, NFT Development, Blockchain Development, and so much more. With a skillful team and a set of products designed to foster growth, we offer speedy services without ever sacrificing quality.
3. AxonIQ provides full-stack blockchain solutions ranging from smart contracts to decentralized applications (DApps) on Ethereum or IPFS. Its team consists of experienced developers who can build highly secure systems using cutting-edge tools like Solidity and Truffle framework. It specializes in creating high-performance products while keeping your costs low. AxonIQ’s clientele includes some of the world’s largest organizations including Google, Airbus, NASA, and LG Electronics.
4. Consensys is a venture production studio focused on building decentralized applications (dApps), enterprise solutions, and developer tools for blockchain ecosystems. In addition to providing end-to-end dApp services, it also offers consulting services around specific use cases within various industries through which it aims to solve real problems faced by industry players. As part of its operations in India, Consensys works closely with local partners through whom it delivers training programs and workshops about blockchain technology across cities including Mumbai, Delhi NCR, and Bengaluru among others.
5. Bluzelle is a decentralized database service for dApp developers looking to store data off-chain without sacrificing security or performance. Using Bluzelle, developers can access data at scale without having to worry about server maintenance, scaling, replication, and other time-consuming tasks. Bluzelle currently serves several global customers including Microsoft Azure, Zilliqa, and Quikr. It was recently selected by HSBC Innovation Lab as one of only ten FinTech startups globally to participate in its accelerator program.
To Conclude
With a market size of $150 billion, there’s no denying that cryptocurrency is growing at an exponential rate. It isn’t just a currency used to buy goods and services but can also be used to carry out financial transactions. Additionally, cryptocurrency is also extremely secure and transparent. These are some of the reasons why industries like healthcare, supply chain management, finance, etc., are slowly implementing blockchain technology. And, as we move toward a cashless society with more digital currencies gaining popularity every day, blockchain development will become increasingly important. One research firm estimates that blockchain spending will grow from $2.5 billion in 2017 to over $12 billion by 2021! Therefore it makes sense for businesses to explore blockchain development opportunities now before they miss out on a major trend!
