Private blockchain development AVADA-MEDIA
Blockchain is a continuous chain of data that stores information about all transactions made by network participants.
If at the beginning the prospect of this technology was in doubt, now it is used by the world’s largest companies, including Microsoft, PayPal and Intuit.
According to the international consulting company Accenture, blockchain will become an integral part of global capital by 2025.
In this article, we will talk about what a private blockchain is, how it differs from the public one, and what opportunities it opens up for business.
Benefits of blockchain technology for business AVADA-MEDIA
The blockchain works like a distributed digital ledger that stores data in a single chronological sequence simultaneously on hundreds and thousands of devices connected by means of cryptographic evidence. Due to this, the network is able to provide a high level of security in unreliable conditions. This is an important but not the only advantage of the technology. If you have made the decision to use blockchain in your business, you can get:
Private and public blockchain. What is the difference? AVADA-MEDIA
Each of the types of blockchains has its own advantages, but it is impossible to single out a higher priority option from them, since these are completely different technologies. However, they are defined by a number of key functions:
Let's consider each type of blockchain in more detail AVADA-MEDIA
It is a public data chain where anyone can view transaction history and join block validation.
Such a network does not have a single regulatory authority, and its efficiency is achieved through protocol updates that prevent harmful changes.
Such a network works differently. It is not decentralized, since it is managed by one organization, which determines which of the participants can view transaction data and add information to new blocks. At the same time, the network remains distributed and stores block data on node devices, which makes it resistant to hacking.
Private blockchain is a great solution when a company wants to maintain control and keep data confidential at the same time.
Benefits of Private Blockchain for Enterprises AVADA-MEDIA
Private blockchain development AVADA-MEDIA
Blockchain technology makes us look at the issue of data storage and transmission from a different angle. A private network helps businesses create reliable storage of information, significantly increase productivity and accelerate development through the use of innovative technologies.
Avada Media has hands-on experience in developing private blockchains.
We develop and launch scalable networks, smart contracts, applications and integrations that are customizable for a large number of tasks. This creates all the conditions for the growth of the company.
Private networks are the future of modern business, and we know how to adapt this technology to the needs of any field of activity.
The best confirmation of our qualifications and professionalism are the stories of the success of our clients and the differences in their business before and after working with us.
Our clients What they say about us
Thanks to AVADA-MEDIA for a great project. The developers of AVADA-MEDIA have made for us a convenient and functional system for booking homes. This is not our first project with this company. The professionalism of its developers and competent management make the company the best IT partnerDenis, owner
I have been working with the AVADA-MEDIA team for more than 5 years. I want to note the professionalism of the developers and the excellent management of the employees who always help me in the tasks. We have implemented many different ideas with the AVADA-MEDIA team, and at the moment we are moving the existing store to a new platform.Risto, owner
He chose the AVADA-MEDIA team for his startup and for several years now we have been developing this project together. A lot of things have been done and improved during this time. Thanks to the team of AVADA specialists, the project is gaining commercial momentum and has already entered the Ukrainian market.Игорь, Co-owner
We have been cooperating with Sergey’s team for 5 years in various business areas, including in the field of information technology. Sergey has repeatedly demonstrated the highest level of expertise and responsibility in our joint projects, especially in an uncertain situation and for a limited time.Bogdan Yurchenko, Director
As a technical director, Sergey perfectly organized work on the SeshMe mobile application project, thanks to which we always received results in time. Also I would like to note the high level of developers from the team of Sergey. Very happy to work together. I recommend Sergey as a reliable and responsible partner.Vlad Konovalov, Product manager
are created only by the team Our team
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