Blockchain Development - PowerPoint PPT Presentation

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Blockchain Development

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Title: Blockchain Development


1
BLOCKCHAIN
DEVELOPMENT
PROCESS
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2
CONTENTS
  • WHAT IS BLOCKCHAIN ?
  • BLOCKCHAIN DEVELOPMENT PROCESS
  • IDENTIFY THE GOAL
  • IDENTIFY BLOCKCHAIN PLATFORM
  • BLOCKCHAIN IDEATION
  • PROOF OF CONCEPT
  • VISUAL AND TECHNICAL DESIGN
  • DEVELOPMENT
  • DEPLOYMENT
  • UPGRADES

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3
WHAT IS BLOCKCHAIN?
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4
BLOCKCHAIN DEVELOPMENT PROCESS
Identify Blockchain Platform
Blockchain Ideation
Proof of Concept
Identify the goal
lt/gt
Visual and Technical design
Deployment
Upgrades
Development
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5
IDENTIFY THE GOAL
PROBLEM
?
Identify a use-case for your application and
find out if your problem requires blockchain or
not.
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6
IDENTIFY BLOCKCHAIN PLATFORM
You need a blockchain platform to build a
decentralized application without having to
create a blockchain from scratch. The blockchain
platform you need depends on the consensus
mechanism and the problems you are going to solve.
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BLOCKCHAIN IDEATION
Once you have identified the problem and
blockchain platform, it is the right time to
brainstorm ideas and business requirements. You
need to evaluate, formulate, and prioritize use
cases for blockchain experimentation.
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8
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VISUAL AND TECHNICAL DESIGN
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10
DEVELOPMENT
Development is the core stage of the blockchain
development process where you should be prepared
for building the application. You are required to
build APIs for distinct use cases of the
application.
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11
DEPLOYMENT
The requested transactions to P2P network
consisting of computers, knowns as nodes.
The network of nodes validation the transaction
and the users status using knowns algorithm.
Someone requests a transaction.
A varified transaction can involve
cryptocurrency, contracts, records, or other
information.
Once varified, the transaction is combined with
other transaction to create a new block of data
for the ledger.
The new block is then added to the existing
blockchain, in a way that is permanent and
unalterable.
The transaction is complete
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12
UPGRADES
The application should have potential to upgrade
according to the new business requirements and
prioritization. So, design and develop an
application in such a way that adding or
upgrading components does not affect the existing
application.
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13
WANT TO KNOW MORE ABOUT BLOCKCHAIN ?
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14
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