hyperlink infosystem
Get A Free Quote

Hire Blockchain Developers in Plano | Blockchain Development Company Plano

Top Blockchain Development Company In Plano

03 February 2022 hire blockchain developers in plano
A blockchain is a database in the form of a chain of blocks that contain a certain amount of information. This technology doesn't seem very complicated, unless you don't know what a database is. A database allows information to be stored electronically. Users can search and filter this information to find specific data. All industries use databases, including banks that use them to store account and transaction information.
However, their operation may vary. Some databases allow the information stored there to be modified by a central authority or other authorized user, but this is not the case with blockchains. Indeed, once added, the information of the different blocks can no longer be modified. Adding data therefore systematically leads to the creation of a new block. Simply put, blockchains work like digital ledgers and they can be used in a number of ways.

Understanding the Blockchain Technology

The blockchains on which several cryptocurrencies are based are often associated with distributed ledger technology (DLT). However, distributed ledgers are not limited to blockchains, the operation of which does not necessarily correspond to other types of decentralized databases. Indeed, blockchains make it possible to store data by protecting them against any modification.
The information in a blockchain is stored in blocks, and each block contains a certain group of data. When a group is added, it forms a new block which is attached to the existing ones - hence the term "blockchain" which literally translates to "a chain of blocks".
It is this structure that mainly differentiates blockchains from other forms of databases. To understand how the chain itself works, you need to know the three main elements that make up a block. Each block contains:
  • Its own hash code. A hash code is an alphanumeric data representation. Each block has a unique code that changes if its underlying data is modified in any way. 
  • The hash code of the block before the new block. This code serves as a guide for arranging the blocks in a logical and chronological arrangement. The chain is kept unbroken by associating each block with the unique hash code of the block before it. Also remember that changing the block information will cause the hash code to change.
  • A timestamp. This timestamp not only helps to know when the block was created, but also keeps the chronological order of the chain.
Thanks to these three elements, the blocks that make up a blockchain cannot be modified since any attempt to modify a block would cause its timestamp and hash code to change. The next block would therefore no longer contain the code of the one before it, and the modification of the blockchain would then be obvious.

The Security of the Blockchain Technology

Thanks to the timestamp and the hash code, the data added to a blockchain can no longer be modified. This technology is therefore very secure, but it still has some potential problems.
For example, if the creation of blocks in a registry is limited to a certain number of users, these users could enter the wrong information or corrupt the system. The integrity of a blockchain therefore depends on the reliability of the people who have access to it.
The inventor of Bitcoin, understood this very quickly and thus designed decentralized blockchains in order to eliminate the need to use a trusted third party to validate transactions.

Integrate Blockchain Into Your Business Operations

A decentralized blockchain adds a peer-to-peer network to existing security features built into a database. Members of this network, who do not need to trust or even know each other, each own a copy of the same blockchain ledger. So, instead of storing a single original copy on a centralized server, there are a multitude of copies that continuously validate the correctness of the blocks.
This decentralized infrastructure eliminates the need for a central authority and protects blockchains from hacker attacks. Indeed, if a hacker seeks to modify a blockchain, his modifications will only apply to his own copy which would then no longer correspond to those stored on the rest of the network. Any hacking attempt is therefore easily detected.
Bitcoin requires that at least 51% of the members of its network to validate any modification made to a block in order for it to be legitimate. Given the cost and power required to attack such a large number of computers on a decentralized network, it is almost impossible to introduce an error into a blockchain.
From banks to supply chains, blockchain technology is used by multiple industries. However, it is with the growing field of cryptocurrency that the term blockchain is most often associated.
Blockchains have enabled the advent of cryptocurrencies like Bitcoin which use this technology to easily keep track of monetary transactions carried out. Although blockchains are mostly associated with Bitcoin today, many other cryptocurrencies take advantage of this decentralized networks. A decentralized blockchain allows for a fairer and more reliable approach to money since there is no need to rely on a third party to verify transactions.

The Advantages of Blockchain

Blockchains are increasingly used by industries that need to store a lot of data. This technology has several undeniable advantages compared to other types of existing databases.
  • Increased security. In a decentralized blockchain, data is stored in copies within a peer-to-peer network rather than on a centralized server. Thus, when adding new blocks, members of the network must ensure the legitimacy of the latter. Combined with the security measures built into blockchains, this condition makes this technology a much more secure alternative to other types of databases.
  • Increased accuracy. In a cryptocurrency blockchain, the risk of human error is minimal since the verification of transactions does not rely on one and the same person. The various members of the network are responsible for validating the new information added to the blocks. This data storage method is therefore one of the safest and most accurate on the market.
  • More efficient payments. When a bank processes payment, the transactions are usually managed and approved by a central authority. Also, since most banking institutions only offer their services during a certain number of working hours, payments made on weekends will not be processed until the beginning of the following week. These restrictions do not apply to blockchains. In most cases, you can transact 24/7.
  • Verified transactions. Any information entered into a blockchain is verified and approved by members of the network before being added to a new block. This process ensures that transaction information added to blockchain is accurate and legitimate.

What You Will Get When You Develop Blockchain for Supply Chain With Hyperlink InfoSystem

  • Inventory

Blockchain technologies allow companies to quickly and efficiently verify and certify goods.
  • Full Traceability

Track each item's origin, characteristics, and movement across trade zones and borders, with fraud or damage detection tools to take preventive action.
  • Effective Management

EDS, instant data exchange, automatic verification of contracts and other collaboration opportunities.
  • Transparency

The supply chain consists of many stages, so data can get lost at some stage, increasing the risk of fraud. The transparency of the system will prevent such leakage of information.

Amplifying Business Progress Through Smart Solutions

Obtain robust software solutions, modernize systems, and leverage futuristic technologies for growth opportunities with the capabilities of a leading development company.

our services Explore Services

Mobile App Development

We specialize in augmenting the mobile experience for users of different niches, industries, products, and more that can help businesses enhance their value with futuristic mobile applications.

Web Development

Explore our web development expertise to maximize your web presence which can help you captivate the audience by delivering unparalleled web experience.

eCommerce Development

Delivering perfect and top-notch customer satisfaction through smoothly functioning, secure, and integrated e-commerce solutions that help businesses boost sales, expand user engagement, and enhance business ROI.

Blockchain Development

Get the decentralized blockchain solution that can bring innovation through cutting-edge technologies to power up, revolutionize, and transform the business and operations.

Game Development

Turn your simple game development requirements into amazing high-quality 2D & 3D interactive gaming solutions with stunning graphics, smooth gameplay, engaging storylines, and more!

Salesforce Solution

Unlock the full potential of the Salesforce development that enables the business to address all the business complications and streamline the business operations with intelligence.


Offering end-to-end Artificial Intelligence development services to create custom and domain-specific AI solutions tailored to your unique business requirements.

IoT & Embedded

Building smart gadgets to create reliable infrastructure to bring holistic business change and enhance business proficiency through our custom IoT solutions.

Offering Exclusive Edge Following Custom Software Development Lifecycle

Customizing and delivering cutting-edge solutions employing the custom software development lifecycle to help businesses meet their future demands



Brainstorm creative ideas to ideate them and come up with a plan to turn them into a successful smart solution.



Define the project goals, create a timeline & milestones, and build a team based on your development requirements.



Build interactive prototypes based on sketches and wireframes to illustrate and visualize the interface of the solution.



Choose the most suited tools and technologies to build the product based on the defined timeline, project score, and more.



Perform product testing through the best possible manual and automated testing methods to deploy thoroughly tested and bug-free solutions.



Deployment and launching the product that meets all the predefined criteria to make it accessible to the target audience.

Latest Blogs

Browse through the technical knowledge about latest trends and technologies our experienced team would like to share with you

Get All Insights

Our Latest Podcast

Listen to the latest tech news and trends we have discovered.

Listen Podcasts
blockchain tech

Is BlockChain Technology Worth The H ...

Unfolds The Revolutionary & Versatility Of Blockchain Technology ...

iot technology - a future in making or speculating

IoT Technology - A Future In Making ...

Everything You Need To Know About IoT Technology ...


Feel Free to Contact Us!

We would be happy to hear from you, please fill in the form below or mail us your requirements on info@hyperlinkinfosystem.com

full name
e mail
*We sign NDA for all our projects.

Hyperlink InfoSystem Bring Transformation For Global Businesses

Starting from listening to your business problems to delivering accurate solutions; we make sure to follow industry-specific standards and combine them with our technical knowledge, development expertise, and extensive research.

apps developed


Apps Developed




website designed


Websites Designed

games developed


Games Developed

ai and iot solutions


AI & IoT Solutions

happy clients


Happy Clients

salesforce solutions


Salesforce Solutions

data science


Data Science