Interested in Blockchain Based Application Development?
Facts revealing the strong impacts of Blockchain technology in several industry verticals are not new. This technology is breaking new barriers every day with holistic adoption in every sector, including defense, government, enterprise, as a public utility, and so on.
However, the blockchain, with its evolutionary trait and massive prospects of utility, is still nascent.
The demand for blockchain based application development services is high due to the following facts:
- Per Gartner, the business value-add of blockchain technology will exceed $176 billion by 2025.
- The market value of the technology is expected to cross $3.1 trillion by 2030.
- It would grow with a CAGR (compound annual growth rate)of 62.1% by 2025, reaching $ 16.3 Billion.
- A sharp rise in blockchain based application development. By mid-2017, Ethereum had almost 10,000 projects on GitHub, which was only 3 in 2013.
- Also, one in every three bankers is expected to adopt commercial blockchain by 2019.
Recent News in the Blockchain Development Industry:
Why your Enterprise Need Blockchain Based Application Development?
Apart from innovative use cases emerging every day, blockchain has also become a platform for lucrative investment for venture capitalists, corporations and SMEs.
Blockchain-based application development is being fueled by mushrooming startups, cryptos as well as crypto exchanges.
Governments across the world are adopting blockchain solutions aggressively.
Blockchain application development company are gaining relevance in the internet ecosystem as the demands of blockchain solutions are increasing.
Blockchain adoption offers the following advantages to an enterprise.
- Increases efficiency in business operations/process by rendering optimal transparency.
- Saves time and resources by making operations faster
- Eliminates the requirement of third-party authentication of transactions
- Build a strongly secured infrastructure and hack-prove system, as records are cryptographically encoded.
- Enables traceability of information and streamlines the flow of records and data processing
Enterprises switching to blockchain are gaining its ingrained advantages and achieving a competitive edge.
Blockchain technology adoption can bring massive RoI to businesses. It can effectively handle the following issues in an enterprise.
- Operational bottlenecks of scalability and management
- Threats to security and data
- The requirement of transparency across the business cycle, both within and out of the organization.
- The requirement of centralized vigilance.
- Need to increase productivity and strengthen management.
Oodles Blockchain as a Blockchain Based Application Development Company
Oodles Blockchain is an emergent blockchain development company. We offer blockchain based application development services to turn your vision into reality.
We are in the blockchain domain for more than +3 years. We are expanding our resources to handle increasing blockchain technology implementation in business related requirements.
Oodles Blockchain wants to contribute towards the growth of enterprise blockchain as a new standard.
We have developed an array of blockchain-based applications comprising of diverse use cases. Our portfolio comprises of blockchain projects from diverse industry verticals.
Technology Expertise of Oodles Blockchain
IOTA Stellar OpenChain Ethereum
Contact Oodles Blockchain now to transform your technology platform.
Industries Using Blockchain Technology Effectively
FinTech Insurance Healthcare Legal Industry