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Showing posts with the label Blockchain Development

How Does this blockchain Powered Money transfer App Work? - ICO App Factory

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Users from across the globe register in your app. They can transfer money to each other instantly. Here is a simple user journey for your understating: ·  John( U.S ) and Smith ( France ) are Registered Users in your Money Transfer App. ·  John wants to Transfer $1000 to Smith. ·  John Logins to the App > Deposits $1000 inside his account using his Credit Card. The fund shows up in his wallet inside the app. ·  Then he keys in the Mobile number of the person, he wants to send $1000 to. In this case he enters the mobile number of Smith > Immediately Smiths profile shows > He chooses it. ·  He enters the amount he wants to send ie. “$1000” and hits the SEND button. The $1000 gets converted to Cryptocurrency  ( Stellar XLM coins ) > Gets deposited in the wallet of Smith. ·  Smith gets a notification on receiving EURO 880 ie. $1000. ·  Smith clicks Withdraw > The Cryptocurrency gets converted to EURO and gets deposited...

How to integrate Cold Wallet in Cryptocurrency Exchange? - ICO App Factory

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What is the difference between a Hot Wallet & a Cold Wallet Storage? Hot Wallets are the ones that reside online connected to the other blockchains or is under an exchange. Unprotected Hot wallets are prone to attack and the exchange owner may lose access to the wallet or might lose the cryptocurrencies belonging to their users. In the recent times, even popular cryptocurrency wallets  like Coinbase have been hacked. Cold Wallets: Cold Wallets are physical hardware wallets that are are password protected, air gapped from the internet and the data is encrypted.All you have to do is transfer the cryptocurrencies to the cold wallet and they are safely stored and with you all the time. Cold wallets are safe and cannot be attacked since it is not connected to the internet. What Cold Wallets are supported? Trezor is supported out of the box, but we are working to bring in connectivity to other Cold Wallets as well. Top 3 reasons to own this Cold Wallet Integration...

Blockchain Supply Chain Management - ICO app factory

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Supply chain management  includes the integrated planning as well as the execution of different processes. This involves material flow, information flow as well as financial capital flow. The management of the flow of goods, services, and information involving the storage and movement of raw materials, building products as well as full-fledged finished goods from one point to another is called as supply chain management. A supply chain within the SCM is a network of individual entities, organizations, businesses, resources as well as technologies that combine together in the manufacturing of a product or service. Why a Blockchain powered Supply Chain Management Solution? Supply Chain is one sector that is expecting big disruption with Blockchain. Though traditional SCM systems work good for logging in data at each stage of the supply chain, it fails miserably in accountability, provenance, security and traceability. Also these legacy Supply Chain Management systems are ...

HyperLedger Development Company-ICO App Factory

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Hyperledger is an advanced blockchain technology that has the potential to bring enormous advantages to all industry sectors. It is not a company nor a cryptocurrency and also not a blockchain.we deliver the best hyperledger blockchain services to improve your business transaction cycle and security.   We are specialized in developing unique smart contract application that matches your business needs and our blockchain professionals are multi-talented to handle tools and technologies like Hyperledger fabric, Hyperledger sawtooth, Hyperledger iroha, Hyperledger indy, Hyperledger caliper, Hyperledger Quilt, Hyperledger Explorer, etc. Why Hyperledger? Hyperledger is an umbrella of open source projects and community for Enterprise level blockchain system. It is maintained by the Linux Foundation and a huge community of the best developers in the Blockchain ecosystem. The major benefits of using Hyperledger as your choice for blockchain is that it gives you the fl...

Stellar Blockchain Development-ICO App Factory

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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 che...

NEO Blockchain Development – ICO App Factory

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If you are interested   about cryptocurrency? then your interest will surely fall on to the NEO blockchain often known as the Ethereum of China. Similar to the Ethereum, it suffice a close examination with some traits. Now its time for the deep dive on NEO. At present, the trending technologies which revolutionizing are cryptocurrency and Blockchain. Now its time to plow one significant blockchain platform, “NEO” and why it is right choice to prefer NEO when kick off with blockchain. What is NEO Blockchain? NEO was originally launched as AntShares in 2014 by Da Hongfei and Erik Zhang and later rebranded as NEO in 2017. NEO is written in C# programming language and is available under MIT license on GitHub.It   supports several programming languages to write code on NEO blockchain including C#, JavaScript, Kotlin, Python, Java, and GO.  NEO is a blockchain platform which facilitates the development of smart contracts and digital assets. The word NEO...