How To Successfully Implement Blockchain Technology? - PowerPoint PPT Presentation

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How To Successfully Implement Blockchain Technology?

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As a Blockchain professional, you must be able to assess the requirement of the business and based on it; you must be able to suggest the right type. In addition to this, there is public, private and quasi-private Blockchain. – PowerPoint PPT presentation

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Title: How To Successfully Implement Blockchain Technology?


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How To Successfully Implement Blockchain
Technology
  • Blockchain technology was initially the framework
    for the functioning of cryptocurrency. However,
    over a period of time, its transformation took
    place, and now it finds its use cases across
    different industries. We know that Blockchain is
    a DLT technology that aids transactions and data
    exchange without third-party interference. While
    we talk about the multitude use cases of
    Blockchain technology, we cannot miss the fact
    that it has also opened the gateway of
    opportunities for many.

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  • Whether you are starting your business or a
    working professional, adopting a skill that can
    help you grow and make money is important.
    Blockchain technology has become the hottest
    topic, and there are many companies that are
    looking for Blockchain professional. The work of
    these Blockchain experts is to make use of the
    different Blockchain platform and integrate the
    current business operation with it. There are
    different ways to achieve the same. In this blog,
    we will understand how can we integrate
    Blockchain technology and what are the basic
    steps of the same.

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Implementing Blockchain Technology with
Current Business Operations
  • Choosing the right Blockchain platform - As a
    Blockchain professional, your task is to look for
    the right Blockchain platform for your business.
    Some of the popular choices are Ethereum,
    Hyperledger and Corda. As a Blockchain
    professional, you must be able to assess the
    requirement of the business and based on it you
    must be able to suggest the right type.

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  • In addition to this, there is public, private and
    quasi-private Blockchain. Based on your business
    need, you must choose the right kind of
    Blockchain. For example, if your business is into
    security and financial regulations, then you must
    consider a permissioned Blockchain, in this case,
    permissionless Blockchain would not be a good
    move.

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  • Build an ecosystem for the same- It is also
    important that you must build the right kind of
    ecosystem of work when it comes to using
    Blockchain. There must be a dedicated team that
    work towards successful implementation of
    Blockchain technology. Your focus should be on
    hiring expert Blockchain professional there are
    companies which are hiring Blockchain experts
    online. Well, the objective behind this is o have
    a dedicated workforce that works towards
    implementation of Blockchain technology and
    ensuring seamless integration.

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  • . Building Testing Blockchain Solution- If you
    are new to Blockchain, then you must first
    observe Blockchain technologies. Choose the one
    that best matches our need. For example, you need
    to see technology depth, which means security and
    consensus that it offers. Technology breadth,
    which means whether or not it supports multiple
    functions and infrastructure. Automation of the
    transfer process is most important, and you can
    do so by using a smart contract. Most of the
    business will soon be moving to use smart
    contracts to ensure seamless execution of the
    task and hassle-free payment.

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  • . On boarding it slowly- Well, despite being a
    decade old, Blockchain is still at a nascent
    stage. The technology is continuously evolving,
    and new changes are coming in. As a smart
    business person, you are required to assess these
    changes and see how well you can integrate the
    same. Hiring the right working professional will
    ensure the same. You must slowly move towards
    integrating Blockchain technology with the legacy
    of your business.

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  • Final Thoughts- All this boils down to the the
    fact that you have the right skill for the same.
    At Blockchain Council, we provide comprehensive
    and exhaustive Blockchain training program that
    helps in pursuing certification online and also
    getting complete knowledge about Blockchain and
    its implementation. Our curriculum separately
    covers different Blockchain platforms, so if an
    individual want to gain expertise in a particular
    Blockchain niche, then they can do so by
    connecting with us.

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  • Blockchain is here to stay and will become one of
    the most lucrative job options, so if you want to
    upskill yourself, or want to become a Blockchain
    expert, connect with us today.

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Blockchain Council Certifications
  • You can check out our certifications, and kick
    start your career in the Blockchain space today.
  • Certified Blockchain Expert
  • Certified Blockchain Developer
  • Certified Smart Contract Developer
  • Certified Solidity Developer
  • Certified Ethereum Developer

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