Title: 7 Industries Influencing Blockchain Testing
17 Industries Influencing Blockchain Testing
2Contents
- About Us
- The Need for Blockchain
- What is Blockchain Testing?
- 7 Industries that need Blockchain Testing
- Supply chain management
- Retail
- Entertainment Rights
- Industrial IoT
- Infrastructure Security
- Healthcare
- Insurance
3About Us
11 Locations from where we engage with global
clients
2000 Enterprise-class solutions products
delivered
4The Need for Blockchain
- Organizations are looking for secure and robust
platforms to transparently share the information
and build absolute trust for the end user. - Blockchain can help organizations maintain
transparency through Decentralization with added
security. - Adopting Blockchain can have certain challenges
such as high energy consumption, integration
issues, privacy and security issues. - To overcome these challenges blockchain testing
is important to implement.
5Blockchain Market
- Per a report by the International Data
Corporation (IDC), the calculated global spend on
blockchain will hit a whopping 9.7 billion by
2021.
The global blockchain market is expected to grow
from USD 212.12 million 2016 to USD 8,682.82
million by the end of 2024, at a Compound Annual
Growth Rate (CAGR) of 59.04 ResearchAndMarkets.
com
6What is Blockchain Testing?
- Blockchain applications demand standard testing
such as functional performance, integration, and
security testing. In addition, testing teams must
have these specialized testing capabilities. - Specialized Testing Capabilities
- Smart Contract Testing
- Node Testing
77 Industries that need Blockchain Testing
- Supply chain management
- Retail
- Entertainment Rights
- Industrial IoT
- Infrastructure Security
- Healthcare
- Insurance
8Supply chain Management
- Supply chains are a series of transaction nodes
used to move a product from one point to another.
Blockchain helps to make these transaction
decentralized records. Blockchain can create a
traceability system for better customer
experience. This reduces the overproduction of
products, removes third-party involvement and
saves space.
9Retail
- Blockchain directly connects buyers with sellers
eliminating third-party. - Using any of the cryptocurrencies customers can
purchase products and sellers get paid in
Bitcoin. - The data related to the transactions get
distributed across the global network.
10Entertainment Rights
- Increasing number of artists have begun accepting
cryptocurrencies in their online store. - Blockchain connects fans directly with the
artists keeping the channel secured. - Music industries use Blockchain to make their
work easy and safe.
11Industrial IoT
- Internet of Things is a system of interconnected
devices having the ability to transfer data
across the network without human intervention. - Blockchain manages the data transfer with a
secured channel for the transaction. - Blockchain creates a decentralized network for
IoT devices so that the devices can communicate
directly with each other.
12Infrastructure Security
- Organizations with huge infrastructure are
connected to sensors such as powerplants and
transportation are still easy to hack. - Using Blockchain, organizations can exchange the
data securely across the network. - Adopting Blockchains cryptographic techniques
reduces the rate of phishing attacks
13Healthcare
- It is difficult for the healthcare sector to
share private data while maintaining the
integrity of data. - The Collaboration of accurate data leads to
better diagnoses, the higher rate of success in
treatments, and reduced costs.
14Insurance
- In the insurance industry, Blockchain has
excellent potential. Generally, in an insurance
contract, there are several parties. There are
parties like insurer, third-intermediary, and
customers. Their databases may not be up to date.
But Blockchain takes care of this issue. All the
data and transactions have validation from all
the parties. This includes those parties also
which are not part of an insurance contract. - Using Blockchain Powered Smart Contracts, the
Insurance process can be swift, easy and
rewarding for all parties involved.
15 Powered by a thorough Testing Architecture
supported by nearly 200 certified and experienced
quality professionals combined with intuitive
Automation Engine and short learning curve
Cygnet promises to take your product Quality to
the next level.
16Technology First
People Quality
Adaptable Flexible in order to serve customers
irrespective of their domain
Teams with strong understanding of ethos
culture, fully capable of mitigating risk
The CygnetAdvantage
100 Agile
Scalable Architecture
More aligned, higher autonomy to deliver high
quality enterprise applications
Engineering for the future, today
17Cygnet Values
18(No Transcript)
19Contact Us
INDIA OFFICE
USA OFFICE
Cygnet Infotech LLC. 125 Village Boulevard, Suite
315, Princeton, NJ 08540
Cygnet Infotech Pvt. Ltd. 16-Swastik Society, Nr.
AMCO Bank, Stadium Circle, Navrangpura, Ahmedabad
380009
91-79-67124000
1-609-245-0971