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Showing posts with the label benefits of blockchain

What are the steps to develop a blockchain system?

Blockchain is an inflexible chain of records called ‘blocks’ that contains deals, data, and files.  Blockchain development process  ⦁ Identify problem and aim ⦁ Identify blockchain platform ⦁ Blockchain Ideation ⦁ Building APIs Identify the problem and aim  Make sure investing time and works in the blockchain would profit your business capabilities or not. You can also resettle your current operation to the blockchain network without erecting it from scrape.  Identify a blockchain use-case for your operation and insure if your idea requires blockchain or not.  Image source: Google Identify the suitable blockchain platform There are numerous blockchain platforms out there now and most of them are free and open source.  Some of the popular platforms are: Corda Ethereum Hyperledger Fabric Quorum Stellar Blockchain Ideation The primary deliverable of blockchain creativity is to design an abstract workflow and blockchain model of the application. Decid...