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Showing posts with the label blockchain technology

Cryptocurrency Wallet Script Software-ICO APP Factory

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A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other Cryptocurrency, you will need to have a digital wallet. When a person sends you bitcoins or any other type of digital currency, they are essentially signing off ownership of the coins to your wallet’s address. To be able to spend those coins and unlock the funds, the private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the senders will decrease accordingly. There is no actual exchange of real coins. The transaction is signified merely by a transaction record on the blockchain and a change in balance in your cryptocurrency wallet. 3 compelling Reasons Why you should own this piece of Art! ...

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...

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 ...

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...

Quorum Blockchain Development - ICO App Factory

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Quorum is permissioned blockchain platform based on ethereum focussed on enterprises and specifically designed for the financial sector. Quorum Blockchain is built for the sharing and replication of data that is the common need for a financial enterprise. This is a layer on top of Ethereum enabling robust performance of private transactions with different consensus algorithms. The Quorum has increased performance than public Go-ethereum (Geth) protocol. Quorum blockchain development services: Quorum Blockchain Development Quorum is an enterprise Blockchain that leverages Ethereum's smart contract and other transactional capabilities. We build scalable dApps and blockchain powered solutions that take advantage of Quorum's capabilities. Permissioned Blockchain development Permissioned blockchain development for enterprises focuses on creating a new generation of Highly secure blockchain powered platforms that limit access to those who are approved. Supply chai...

Asset Tokenization Platform-ICO App Factory

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What is an Asset Token or Asset Based Tokens ( ABT )? With the emergence of Blockchain, the concept of ‘Tokenization Blockchain’ is becoming mainstream. Lets go back a little and start with Cryptocurrency . The era of crypto witnessed many coins being born ( Bitcoin, Ether, Neo, Zcash etc. ). It became clear to the world that anyone can create a coin based on an algorithm and pre-defined logic ( There are 4000+ coins at this moment ). This trend shifted to people creating Utility tokens, which are again a cryptocurrency that was used to facilitate an event or transaction in a business logic ( Ex: XRP is used to transfer money across borders ). These coins or tokens were priced and traded. This gave launch to something called the Initial Coin Offering (ICO ). But then many ICO’s crossed the barrier of being just a Utility token, to being a share of the issuing company. The regulatory bodies across the globe took notice and started issuing strict warning on this. So, was ...

Blockchain Development Company

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The blockchain is a unique distributed record that stores data and verifies its integrity. By using a different set of cryptography based technologies, Blockchain assures that transaction continued into the blockchain database which is stable. Blockchain technology manages the every currency transactions. But Blockchain is not limited to just currency but enlarges to any domain where anything of value is transacted, be it contracts, personal information, health records, business data and much more. A blockchain is an excellent form of Database storage system, which uses records to store data or information. These records or blocks get copied automatically with the mechanism of cryptography providing a more secure data storage platform. This means, your data is stored securely in multiple areas, reducing the overall cost of data storage. The blockchain is the technology which supports the cryptocurrencies and Digital currencies. Why choose us for Blockchain Development? Develop...