Blockchain as a technology brings lot of promise as its considered the most secure framework for any transactions. Each record is a block which are linked using cryptography. Each block contains cryptography hash of previous block along with timestamps and transaction data. Physically storing every record has become almost impossible. Blockchain software digitizes all your information in the form of Blocks, which are interconnected as a chain; as an individual you can access all your records from one source – be it your Health records, your Tax payments, your Credit Card transactions, Identification Records – name the data that you require and Blockchain solutions enable you to access it through one common digital asset. Our team is passionate in utilizing our technical capabilities, expertise and product mindset by implementing a class of Blockchain solutions across their organization to empower our clients with real business value.
Blockchain’s emergence started in 2016 and is set to bring forth changes in IT domain in the same manner as open sourced frameworks had done around two decades ago. The basis of blockchain lies on Peer-2-Peer (P2P) topology and uses Distributed Ledger Technology (DLT) to enable data storage on multiple servers, across the globe. It allows real-time tracking of any changes that are being made by anybody on the ledgers thereby making it almost impossible for anyone to have full control of the network or its data.
This new technology enables Business transactions to be based on three fundamental principles:
Trust – Data cannot be tampered with and genuine information is always available.
Transparency – As a business, you are open to your channel partners and vice versa.
Accountability – Sharing of specific information only to recommended users and overall visibility of who is accessing your information and when.
These factors have made Blockchain solutions as interoperable and gain huge popularity in the Business segment as you have the ability to do real-time tracking of all your activities, be it Supply Chain Management, Payment Tracking or sharing of Health Care Data. The DLT model of information sharing and management has enabled organizations to save immensely on Administrative costs and working time. No wonder, varied industries across the spectrum, be it Healthcare, Shipping, Financial Technology, Mobile Transactions, to name a few, have adopted this.
While there are many industries who have started using blockchain for their transactional use cases, the most widely used application has been the cryptocurrency trading platforms for buy and sell virtual assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and several others cryptocurrencies.
Understanding the problem statement and evaluating the proposed solution to suffice all the problems.
Identifying the right platform based on the consensus mechanism and the problems we are going to solve, which in return will give us good kickstart help us reduce the development efforts as much as possible.
Evaluate, formulate, and prioritize use cases for the final product.
Visual design to provide an easy and smart interface for the users and Technical design to ensure great performance and high reliability.
Core stage of the entire process.
Product validation by our expert quality testers.
VAPT and other security validation.
Deployment across decided network and ensuring connectivity protocols.
Final product launch
Mugenesys identifies the growth of Blockchain as the most secured technological platform that will drive multiple industries like Banking & Finance, Supply Chain, E-Commerce, Logistics and the likes. Our seasoned technologist’s design customized Blockchain software to work across multiple technological platforms including Bitcoin, Ethereum, Multichain, Hyperledger, Parity, Fabric etc.
We design and develop ‘Smart Contracts’ thereby completely automating your processes with increased transparency and decentralization.
ICO Development – For start-ups and even established companies looking for fund raising, we offer the entire gamut of ICO services including website creation, hosting & distribution and security audit.
Decentralized Application Creation – We assure world-class Apps with enhanced features that make it most secure and trustworthy.
Private Blockchain Development for businesses needing faster and secure digital identity creation.
Regular Smart Contract Audits to protect your data from hacking.
Cryptocurrency Development, Exchange and Management
Blockchain technology is very complex and if not done right your clients will have major credibility and business loss. We understand the nuances of this framework and have business domain expertise to propose the right blockchain solution through our technical and consulting advisory team beneficial for business transformation.
We make success simple as we are refining the revolutionary approach towards blockchain.. we consult your root cause of challenges so, that you can stop spinning your wheels and scale up your business.