Appfutura recently listed Konstant among top 20+ Blockchain App Development Companies. As perceived by most of the people have estimated, it is not the Bitcoin that is going to change the world but the technology behind it is definitely going to make a difference. This is essentially known a blockchain which is part of cryptocurrency life cycle. The blockchain is a digital ledger that cannot be corrupted. It is either right or wrong. It worked in form of mathematical equations and is 100% decentralized. It is prominently going to change the way people experience security and protection in their finances.
Cryptocurrency is a newly emerging class of assets that basically depends upon speculative investments. Ethereum is a distributed computing platform (public blockchain network) that is open source and features smart contracts functionality. Based on blockchain technology (a kind of a public electronic ledger (database) it will enable developers to create and deploy decentralized applications (digital record or transactions which essentially involved a peer-to-peer version of electronic cash). Once a blockchain is updated, it cannot be erased and become a verifiable string of records.
A cryptocurrency has no intrinsic value, does not exist in physical form and its supply is not determined by any centralized bank as the network is completely decentralized. We are promising blockchain as a service (BaaS) provider and have been dealing with cryptocurrencies of all forms, like:
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· Bitcoin |
· Etherium |
· Dogecoin |
The ledger is used to keep track of all the electronics coins in circulation in case of Bitcoin. As companies are looking for various ways to make distributed architecture work for various industry niches like entertainment, media and location-based advertising etc.
Our blockchain development solutions include Bitcoin Android and Bitcoin iOS development and are directed towards leveraging advantages of blockchain features like data centralization and distribution. We also deal in Ethereum which is based on blockchain technology (a kind of a public electronic ledger (database) and enable developers to create and deploy decentralized applications (digital record or transactions which essentially involve a peer-to-peer version of electronic cash).
See how it works:
- Someone requests a transaction
- The requested transaction is broadcasted to a P2P network consisting of computers, known as nodes
- The network of nodes validates the transaction and the user’s status using known algorithms
- Once verified, the transaction is combined with other transactions to create a new block of data for the ledger.
- The new block is then added to the existing blockchain in a way that it is unalterable and permanent.
Understanding this with an example:
Assessment
Although cryptocurrency’s extreme volatility might cause most of the traditional investors to stand on the sidelines and be silent spectators rather than actually plunging into the realm and participating actively. As the mass adoption of cryptocurrency is going to be new and grand in established companies.
Konstant had been raising funds to scale the platform to expand their service development and marketing. Our ongoing recognition is the result of providing our customers with services capturing the latest in sustainability initiatives and providing clarity so our customers can be confident in what they need to achieve and how to get there practically and competitively.
With a normal cryptocurrency exchange, the prices are often highly volatile, fluctuating daily and drastically for a variety of reasons such as trust, the media, innovation and regulatory responses.
Konstant has looked for recommendations, followed a plan, developed a budget and with everything mapped out, reacted with agility to challenges, changes, and growth. We offer a comprehensive array of managed solutions, from web development, mobile development to cloud integration. Feel free to ping us about our pricing, scope of services or handy info-pack about our key clients.