There is no denying that Blockchain technology is here to stay. Most of the big enterprises have already implemented the technology and even small companies are now swiftly adapting it. If you are looking to start a new project, have a look at these top 10 blockchain development companies in Winnipeg.
Appstudio is a full service Mobile App Design & Development Company offering services in Native iOS Development (Swift 5.1), Native Android Development (Java and Kotlin), React Native Development, Software Development & Unity Game Development. They have collaborated with Fortune 500 companies, Startups and Mid Sized firms across a spectrum of industries, ranging from Health Care & Finance to On-Demand Services, to create Mobile apps that are actively being used by Millions of users across the globe.
Zazz is a team of creative designers and developers building great digital products in Seattle and San Francisco. Our collective experience in the technology industry includes mobile app development, IOT application development, blockchain development with a design first approach to product development.
S-PRO provides cross-platform mobile application development and custom software development ranging from analytics and consulting to launch. Serving as a platform for launching new innovative products, S-PRO is an ecosystem player. Our staff are first-class technology geeks, yet we have a unique business-focused approach. We collaborate with customers considering their business goals.
We design lovable apps and develop technology for the connected world. Expertise: mobile & voice apps, blockchain, IoT smart products Services: strategy, UX/UI design, engineering, QA, support
Espeo Software - Espeo is a digital consultancy with a strong international presence. Born in Finland and headquartered in Poland, we’ve built an international team that values transparent communication, efficiency, and craftsmanship. Our expert team builds and designs custom web and mobile applications to keep our clients on the cutting edge.
Look4App is a Polish software house that delivers cutting-edge blockchain and web development projects. With a strong fintech background and eye for exceptional design, we are up for your challenge. email@example.com
Aplana Software Services - We were one of the first custom software development companies to transfer a client’s business to the cloud, making it available to thousands of end-users. Today we continue to innovate and pioneer the use of new platforms and tools. Aplana has unique expertise in complex cloud solutions; custom software, mobile, blockchain development; big data analytics.
PixelPlex is an award-winning software development company. With offices across the globe and over 100 carefully vetted specialists on hand, we have successfully served more than 300 businesses of all sizes. We combine backgrounds in blockchain, artificial intelligence, big data, IoT, cybersecurity, and cloud development with cutting-edge web and mobile technologies to create groundbreaking solutions that are used by millions of people around the world.
IBM iX is a technologic company bringing innovative and progressive ideas through the use of IBM Design Thinking – not just for design but for the solving of business problems. We build mastery in all the emerging technologies of today in a landscape that is constantly changing. Our difference goes beyond our knowledge of technology, it lies in the application of that technology to solve business problems. We are your global business design partner.
The Blockchain (or blockchain) is a shared database that functions as a book for the record of buy-sell operations or any other transaction. It is the technological basis of the operation of bitcoin, for example. It consists of a set of notes that are in a shared online database in which operations, quantities, dates and participants are registered by codes. By using cryptographic keys and being distributed by many computers (people), it presents security advantages against manipulations and fraud. A modification in one of the copies would not help, but the change must be made in all copies because the base is open and public.
All the blocks that make up the chain, have a hash (numerical password) of the previous block, the blocks are sorted in the chain in chronological order thanks to that hash all the blocks are referenced by the block that created them, so only Blocks containing a valid hash are introduced into the chain and replicated to all nodes. Thanks to this system it is practically impossible to modify a block that has been during the chain for a certain time.
The “mining” nodes are responsible for creating the blocks that form the chain, adding to each of them the corresponding hash and all the new transactions that have been introduced into the network. In this way we can say that the blockchain allows us to keep a “public accounting” published in a totally transparent way of all the transactions of the network, with almost no possibility of fraud, congestion or loss of data and totally traceable.
Disruption in the world of finance
The blockchain is a method to record data, a kind of Excel file. But it is shared: there are copies on the Network and on the computers of each participant in the creation and modification of that file, which cannot be accessed by anyone without permission and in which information cannot be deleted, only new records can be added. This allows the community to protect the data it contains, warning of possible mismatches resulting from each update. Thanks to this, the integrity of the document is protected.
The way the blockchain works allows all participants to know the movements and changes that have been made in the document, as well as its author. Being based on mathematical operations, the blockchain is so far one of the safest methods that exist to create, modify, share and store information, so it could be applied to any field that needs to perform any of these actions, especially if in them Multiple users have to participate.
What is Blockchain technology for?
The enormous cost savings that Blockchain technology entails, makes its applications to everyday life infinite and also desirable and convenient. Let’s see below the main uses:
Beyond cryptocurrencies, the advantages of Blockchain lie in the traceability of financial operations or the fight against fraud.
Improving the management of electronic medical records, guaranteeing their integrity and privacy, enabling access only by authorized personnel.
It can be used to guarantee the traceability of any good, from its manufacture, to its sale or resale, or the prevention of fraud and forgery.
Expediting all the procedures involved in the transport of goods and merchandise, both its traceability and security, customs clearance, etc.
Forming the basis of all public records (health, transportation, justice, legislation, voting, taxes, pensions, etc.) as is the case in Estonia, a country at the global forefront in this field.
To provide greater transparency in donations to non-profit entities and their destination to specific projects.
Enabling advanced customer loyalty systems, in addition to decentralized markets for the exchange without intermediaries of goods and services.
An identification system can be built in which it would only be necessary to provide documentation once, to then be able to be identified by public administrations and private companies, when managing procedures or contracting services.
In the management of the so-called “Smart contracts” between customer and supplier, it is well understood what Blockchain technology is for, since its payment would be activated automatically when both parties agreed that certain conditions had been met.
To fight against piracy, enabling monitoring systems of intellectual property rights and their related payments, in sectors such as music or photography.
Enabling what is known as “parametric insurance”, that is, those in which the occurrence of a given circumstance automatically results in payment or compensation.