Hire Blockchain Developers in Kansas | Blockchain Development Company Kansas

In This Regard, It Is Important To Consider The Following:

• The record of transactions is unalterable: there is no way that any person or computer can modify or eliminate it. It can only be updated with new transactions.
• Updates must be approved: each transaction or update must be approved by the majority of connected computers before being registered on the blockchain. That approval is done through hashing.
• The location of the blocks is distributed: each block is sent to all computers in real time.
• The registries are decentralized: each registry has a replica of itself on all computers. Therefore, if a record is updated on any computer, the said update is sent to the rest.
• The blocks are encrypted: all the information that transits on the blockchain is protected by cryptography. Each user chooses what information they want to keep public or private.
• Communication between computers is direct: there are no intermediaries on the blockchain. Each computer can generate transactions directly to all the others.

Blockchain: Applications And Uses In Different Sectors

• Digital Identity

• Smart Contracts

• Verifiable Traceability

Specific Applications Of Blockchain

Marketing

• Unification of all the records that are kept regarding each client (contact information, purchase history, search habits, claims, among others).
• Design of cross and interconnected loyalty programs between different brands that agree to benefit each other.
• Total tracking of consumer actions before a marketing campaign.
• Generation of consumer confidence thanks to the inescapable responsibility of brands through smart contracts.
• Public auditability towards advertising transactions of companies.

Health

• Unification of all the medical history of a person (maintaining their anonymity).
• Monitoring of medicines to verify their origin.
• Traceability of food to know its sanitary processing.

Banking

• Currency exchange without intermediaries.
• Creation and uses of decentralized currencies.
• International transfers in real time.

Legal

• Impersonation of identity documents through a unified and reliable digital identity.
• Verification of authenticity of documents without the intermediation of third parties.
• Automation in property registration processes.

Finance

• Management of taxation in an automated way.
• Constant monitoring of the destination of the taxes paid.
• Clear and transparent traceability of donations made to a cause.

Logistics

• Tracking of products throughout their distribution chain.
• Traceability of products to verify their originality.
• Monitoring of each of the components with which a product was made.

Automotive

• Integration of the data generated by all the sensors in the vehicles.
• Anticipation of possible vehicle failures.
• Creation of a (unalterable) driving record of people.

Our Blockchain Development Services At Hyperlink InfoSystem

Training And The Creation Of Use Cases

Blockchain Solution Design And Development

Token Solutions Development

Customer Satisfaction And Solution Deployment

Co-creation And Joint Enterprises