Top 10 Block chain development companies in Bangalore

Before I list out the top 10 Block chain software companies in Bangalore, I like to introduce you about the block chain technology.

What is block chain?

They say Block chain is the future technology of internet, why? because block chain is the mode of transmitting data from one party to another without interruption of any third party. Let me explain you in simpler words the data is stored in blocks and these blocks of data is transferred via chain, which is interconnected through nodes. These block chain technology will be very useful in the industry firms like Financial companies, Banking, Real estate organization etc

Top 10 Block chain companies in Bangalore.

As I mentioned earlier block chain is future of internet, there are numerous block chain developers in India and many organizations are involved in block chain development, some of the block chain software development companies in Bangalore are listed below:

1)  Appiness Interactive 

Blockchain is changing the way technology is solving problems across domains. On domains  ranging from banking and FinTech, to government systems and education, blockchain is creating systems that have the potential to disrupt the current way of business. This is the biggest thing that hit the world, since internet itself.

And Appiness is right at the center of it. We are building the future with Blockchain now. A revolutionary product that may change the way we look at banking transactions. A hardware backed blockchain product with nano-technology, that can potentially wipe out counterfeiting menace as we know it. Yes, they may still be at a PoC level, but we believe our push in the blockchain domain is an effort in the right direction, for the future.

Website: https://www.appinessworld.com

2)  Indglobal Digital Pvt Ltd

Indglobal is a leading blockchain application Development Company in Bangalore offering the latest in blockchain technology via customized solutions to startups and large organizations. We are experts and innovators in blockchain development, creating blockchain-related applications. A Blockchain is basically an append-only transaction ledger onto which new information is written.

Information already stored in the ledger cannot be erased or edited. Blockchain technology uses the concept of cryptography, linking newly added ‘blocks’ of information with the previous or existing ‘blocks.’ The blocks are linked to one another to form a ‘chain.’ Hence, the name ‘blockchain.’

Website: https://indglobal.in

3)  Digi X Hub

The blockchain is a digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. The main purpose of the blockchain is to allow fast, secure and transparent peer-to-peer decentralized network that allows the transfer between two parties efficiently on an open, ledger that can record, verify and provides a secure way of making and recording transactions, transfer of digital values such as currency or data, agreements and contracts – anything that needs to be recorded and verified.

At DigiXHub we believe that Blockchain and Distributed Ledger Technologies (DLTs) carry the potential to introduce a new level of transparency, automation, and efficiency in businesses and nonprofits.

Website: https://www.digixhub.com

4) Kevnit Digital Solutions

We @Kevnit have carved a niche in the field of blockchain app development by creating, deploying custom decentralized blockchain application and infrastructure support to fast forward your business to get ahead of your rivals. Find a perfect blockchain technology solution for diverse industries to create a fast, secure and transparent identity for your business.

We are the end to end partner in Blockchain Application Development and implementation. We ideate, evaluate and shortlist the solutions which enhance the value driven for business.

Website: https://www.kevnit.com

5) Tokyo Techie

TokyoTechie believes in quality and in your app gives advanced functional specifications utilizing the maximum advantage of the blockchain. As blockchain is considered as digital ledger book for maintaining a record of monetary transactions, it’s a necessity now. The blockchain is very much in demand in banking and finance sectors due to temper proof technology. Therefore adapting and installing blockchain software development is a good idea. In recent times, for every asset’s ownership, more than 40 financial institutions are experimenting with distributed ledgers.

Website: https://tokyotechie.com

6) Bsetec

Bsetec – one of the best blockchain development company India, we offers high performance, secure and white labelled blockchain technology platform for you. The platform is feature rich with things like 2 factored authentications, automatic AI algorithms to detect sudden trading pattern changes and web socket based real time notification APIs.

They are not only available in Bangalore but they have their wings spread over different cities of India and across the globe.

Website: https://www.bsetec.com

7) Ibhaan Digital edge Advance Solutions

Ibhaan - The leading one of the best block chain development company in Bangalore, India has experienced team of block chain developers, who can build custom decentralized applications, as we know block chain technology is very much important in the field of Finance and Banking. These Block chain with nano-technology can clear all the counterfeit issues that we are facing nowadays. Our services and technology with ledger sytems, POC and smart contracts helps in building advance block chain applications as per clients requirements.

Website: https://www.ibhaan.com

8)  Fusion Informatics

The Blockchain is a technology that allows the user to share up-to-date information. The complete idea based on the two words the term Blockchain consists of blocks and a chain made of them. A block is a permanently recorded set of data in a digital ledger. It’s a great solution to the difficulties of the nation by keeping the network safe.

Fusion Informatics offers multiple types Blockchain development services. We are the leading Blockchain development company, and our efforts in quality works on projects made us to stand in the top position in the list of Blockchain development companies.

Website: https://www.fusioninformatics.com

9) DxMinds 

Blockchain is an innovative and disruptive technology. In simple word, Blockchain is a digital database consists of information (Ex: records of financial transactions) that can be used and shared at the same time within a large decentralized, publicly accessible network.

When it comes to Blockchain Technology App developments, immediately we think that it is something related to Banking & Finance or Bit coin. Blockchain Technology is not only limited to this, but it is widely getting used in almost all top industries. Examples are: Messaging App, Ride Sharing, Education systems, Car leasing & Sales, Cloud storage, forecasting, real estate, healthcare and many more. DxMinds is the early adaptor of Blockchain Technology and the best Block chain service provider based in Bangalore, California and Dubai.

Website: https://dxminds.com

10) JJ Bytes

Blockchain Application Development has changed the way world looks at data transactions. Whether solutions for authentication, compliance, building cryptocurrency wallets, launching ICO, building exchanges, we can leverage our blockchain expertise.

Blockchain is defining systems that have the potential to disrupt the current way of business. This is the biggest thing that hit the world, since internet itself.

Website: http://jjbytes.com

Conclusion:

There are many Block chain companies in India and others parts of India, these are the companies which was found as Top 10 Block chain Development companies in Bangalore.

Block chain development company in Bangalore

What is block chain?

Block chain as the name describes it is chain of data transferred in blocks, it cannot be altered so easily as the data will not be stayed at same position, block chain technology is the future of internet and the transaction happens via internet is safe and very secure.

Block chain has no transaction list, here no third party is involved during transactions, one party initiates the transaction that data is stored in a block and then that block is verified by many computers spread across the internet and then the verified block is added to the chain  across the net, and a new record and data will be created across the chain, falsifying any record leads to falsifying of the entire chain.

Where is the Block chain used?

Block chain is used majorly in the Banks and Financial Organizations to improve the security during transactions. Other industries also looking forward how they can use the block chain for their purpose, Industries like Healthcare, government and technology are investigating how they can secure exchange of data. However block chain adoption is very slowing. 1% of CIO's adopted block chain where as 8% CIO's are looking forward to adopt block chain technology. Block chain technology can also be used to manage smart contracts to monitor the materials in supply chain.

Advantage of Block Chain

Distributed

   In block chain technology the data is not stored in one node it is stored on distributed network and nodes, each node can replicate and store the copy of database a single node failure dosen't affect the security and harm the data.

Stability

   Confirmed blocks are very unlikely to be reversed, which means this data once put in block chain cannot be modified. This make block chain more important in financial and banking industries. To record and save the financial transaction data on public ledger system permanently.

Trust less Systems

   In the current scenario or the modern day online transactions, no two parties are involved but the there are third parties involved in transactions like credit card company, payment company, debit company etc. The thing is if we use block chain technology there will be no involvement of third parties. It will be end to end transactions.

Disadvantages or Limitations of Block chain

Wasteful

   Why wasteful? Once we apply the data on block chain it is unchangeable and we cannot replace the data every time on the network, the data cannot be updated or modified so easily.

Network Speed/Cost

   The block chain nodes are the fundamental way of transmitting the data if they gets damage we need to replace the entire chain which is bit costlier, but the data will be safe permanently.

Immutable Smart Contracts

   Once the Smart contracts are added to block chain it becomes immutable, i.e it is unchangeable, if some hacker hacks the data even for him it will be tough to modify the data, even if modified, it will be tough for us also to modify

What are smart contracts?

   Smart contracts are self executing contracts the agreement between seller and buyer. The agreement will be in the form of line of codes.

For more information visit: https://www.ibhaan.com