Enhance Your Mobile Application with The Use of Blockchain Technology

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Enhance Your Mobile Application with The Use of
Blockchain Technology
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What is Blockchain?

• Blockchain is a transformational technology with
  the potential to extend digital transformation
  beyond a companys walls and into the processes
  it shares with suppliers, customers and partners.
• Blockchain is a data structure that is used to
  create a digital transaction ledger that, instead
  of resting with a single provider, is shared
  among a distributed network of computers.

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Blockchain Structure

• A blockchain is a decentralized, distributed and
  public digital ledger.
• Blockchain database is managed autonomously using
  a peer-to-peer network and a distributed time
  stamping server.

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Blockchain Service Offer

• Blockchain Incubation As a Service.
• Blockchain Solutions.
• Strategic Consultancy.
• Interoperability, Integration
• Implementation.
• Cryptographically Secure.
• Blockchain Ledger.
• Blockchain Shared.
• Blockchain Distributed.

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Blockchain Incubation As a Service

• Trends Research.
• Design Thinking-led assessment for use case
  identification.
• Technology assessment.
• Rapid Prototyping.
• Blockchain Lab.

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Blockchain Solutions

• Industry specific Blockchain Solutions (For e.g.
  letter of credit, loyalty management, energy
  trading etc.)
• Solutions for integration with enterprise
  applications.
• Our professional team design tailor made
  blockchain oriented solutions for business
  problems encompassing people, process, operating
  model, technology.

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Strategic Consultancy

• We work closely with our clients to evaluate
  Blockchain applicability, its business
  implications, formulate its deployment strategy.

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Interoperability, Integration Implementation

• We troubleshoot interoperability issues in
  blockchain work rigorously on complex
  implementation management third-party vendor
  integration.

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Cryptographically Secure

• Blockchain applies tried true digital signature
  technology to create transactions which reduce
  fraud establish trust accountability.

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Blockchain Ledger

• A ledger is a write-once-read-many database that
  is an immutable record of every transaction.
• A compensating transaction to correct it no
  updating or deleting is allowed.

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Blockchain Shared

• Blockchains gain value as they are shared.
• Organisations or companies participate even
  competitors the more streamlined the process will
  be and the greater the value.

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Blockchain Distributed

• The more replicas there are, the more authentic
  the ledger becomes.

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Blockchain Pros and cons
Pros-

• Dissemination- The core value of a blockchain is
  that it enables a database to be directly shared
  without a central administrator.
• Empowered- Users are in control of all their
  information and transaction.
• High quality data- Blockchain data is complete,
  consistent, timely, accurate and widely
  available.

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Blockchain Pros
Pros-

• Durability, reliability longevity- Blockchain
  does not have a central point of failure and is
  better able to withstand malocious attacks.
• Process Integrity- The protocol commands
  removing the need for a trusted third party.
• Transparency Immutability- Transparency and
  all transaction are immutable, meaning they
  cannot be altered or deleted.

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Blockchain Cons
Cons-

• Nascent Technology- Resolving challenges such as
  transaction speed, the verification process and
  data limit will be crucial in making blockchain
  widely applicable.
• Uncertain Regulatory Status- Blockchain
  Bitcoin face a hurdle in widespread adoption by
  pre-existing financial instittions of its
  government regulatiion status remains unsettled.

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Blockchain Cons
Cons-

• Large Energy Consumption- Blockchain networks
  miners are attempting 450 thousand trillion
  solution persecond in efforts to validate
  transaction.
• Control, Security Privacy- The general public
  will entrust their personal data to a blockchain
  solution.
• Cost- Blockchain offers tremendous savings in
  transaction costs and time but the high initial
  capital costos could be a deterrent.

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If Your are Looking for Blockchain App
Development Service?
https//www.consagous.com/blockchain-se
rvices/ https//www.consagous.com/
info_at_consagous.com
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