Stellar Blockchain Development-ICO App Factory
Stellar is a platform
that connects banks, payment systems, and people. Integrate to move money
quickly, reliably, and at almost no cost. Stellar is an open-source protocol
for value exchange.
The Stellar protocol is
supported by a nonprofit, the Stellar
Development. Stellar is an open-source protocol for
exchanging money.
Why
Stellar?
Stellar is becoming a
go to platform for smart contracts. Stellar Smart Contracts (SSC) are not
turing complete and produce better and auditable code which in turn leads to
lesser security risks.
One of the awesome
features of SSC is the negligible transaction fee of almost .00001 XLM and that
there is no gas fee for transactions. Meaning a median confirmation time of 5
seconds.
Stellar
Blockchain Tools:
Stellar
Core:
Stellar Core is the
backbone of the network, which validates and agrees on every transaction status
through SCP (stellar consensus protocol).
Horizon:
Horizon is a client
facing API server, which allows to check accounts, submit transactions and
subscribes to events. Applications based on the Stellar interact with the
network through Horizon.
Federation
Server:
A Federation protocol
server is designed to be dropped into the existing infrastructure. It can be
configured to take out the data it needs from the existing SQL database.
Bridge
Server:
Bridge server gives a
simple interface for the stellar network, which simplifies the compliance operations
and other complicated integrations.
Uses
of Stellar Development:
Micropayments:
Stellar can be used to
set up something like Beerpay for getting micropayments from your audience or
users.
Money
exchange:
XLM can be used to
exchange currencies and set up trades owing to the low transaction fees in the
network; it can power 600,000 transactions for .01 USD in fees.
Microsavings:
Start a Cyber piggy
bank service with SSC which can be programmed to payout after reaching a
ceiling amount.
Mobile
Payments:
Compete with industry
giants like Google’s Tez using Stellar, it enables fast transactions from user
to user and can be integrated with telecos, banks etc.
How
it Works?:
IDEATION
Once you have your
breakthrough, our team of experts will brainstorm with you to help you get the
most out of your blockchain
project idea. You bring the business concept and we will help you shape it and
crystallise the end solution for your customers, both from a business, as well
as a tech point of view.
TECHNOLOGY
We take care of the
technology from start to finish - Till it’s up and running and live on the
nodes and servers. Tech is the binding agent that brings it all together, and
we make sure it stays that way. Your customers, your product - tied up neatly
with an intuitive User Interface for your customers as well as the entire
ecosystem.
DELIVERY
Done by Experts, we
take care that all the sparkling code is well documented and delivered to you
in your preferred way. With a little patience and persistence, you are on your
way to riding the greatest tech wave of our times and cashing in on what are
possibly the most dramatic shifts in technology since the internet itself.
Benefits
of Stellar Development:
·
Transaction Traceability
·
Auditable codes
·
Extensive Market Reach
·
Cost Effective Operations
·
Flexible trust
Thanks
for watching our content, to know more about our services. Kindly Visit our
Website:
ICO App Factory
101, Kumaran Colony 3rd street,
Vadapalani, Chennai-600026
+91-7397224461
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