Implementation of blockchain in business AVADA-MEDIA
Blockchain has gained widespread popularity largely thanks to the cryptocurrency. However, the tech-savvy world soon realized that there are many other uses for this technology.
Today, governments of developed countries and large companies, including Google, Facebook and Microsoft, are investing in blockchain development.
According to the consulting company Accenture, by 2025 this technology will become a global and integral part of the world’s capital.
But, behind the loud words, as usual, a gray reality is hidden. As practice shows, in 2021, ordinary business has no idea how blockchain implementation can help it. We will try to reveal this question in this article.
What will blockchain integration give? AVADA-MEDIA
The positive qualities make blockchain applicable in almost all branches of business. The most obvious benefits are found in finance and insurance, which is why the technology is used most often here.
The main advantages that the introduction of blockchain into a business gives:
How to implement blockchain in your business? AVADA-MEDIA
The integration of technology into business processes occurs in stages. Let’s take a look at the main steps to be taken along the way.
Determine how you will use the technology
Before ordering the introduction of blockchain into a business, you need to decide exactly how you want to use it in your company, and what specific tasks it will solve. This will help you set a specific goal and make future plans.
You can launch and test several pilot projects to see which ones will be more promising for your company. Invest in small, test, and only then move on to large-scale actions.
At this stage, you can start a consultation with AVADA-MEDIA specialists who have extensive experience in developing blockchain solutions. Having studied your business processes, we can provide recommendations that will help you avoid unnecessary costs in the future.
PoC proof of concept
Any blockchain development implementation starts with a Proof of concept. This is the way that determines the practical feasibility of the project. In simple terms, we test ideas for viability without wasting your budget.
Choosing a blockchain platform
The success of the project implementation largely depends on how correctly the blockchain platform was chosen. She must have all the necessary tools to work with your area of business, and comply with the planned budget.
Popular blockchain platforms:
If you are at a loss in choosing a suitable platform, you can consult with AVADA-MEDIA specialists.
Blockchain solution development and testing AVADA-MEDIA
One of the most important parts in the development of blockchain projects is the implementation of smart contracts, which in the future will allow the company to conduct vital transactions without the intervention of third parties. To do this, developers must provide the smart-contract with the necessary set of rules that can take into account various factors.
In addition, the solution should have a clear and logical interface that will be comfortable for your staff to work with.
After development, thorough testing of the network and, in particular, of the smart contracts themselves is performed. This is to ensure that the system is working properly and is ready to start.
Blockchain network launch
To launch the blockchain, you just need to create the first block. But, it must include all the characteristics of the chain. That is, in fact, at this stage, the foundation of the entire project is being laid.
Why it is worth ordering the implementation of blockchain in AVADA-MEDIA AVADA MEDIA
AVADA MEDIA has been developing technological IT projects for over 10 years. In our work, we use advanced technologies, and are ready to offer effective solutions for any task.
Our experts will help you implement blockchain into your business, and can get involved in the work even at the stage of planning and hypothesis.
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
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