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Blockchain industry applications – how groundbreaking technology can help your business

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You probably heard that blockchain is going to disrupt the way we do things. But do you know what are the  blockchain industry applications  and how one will do such a thing? The groundbreaking technology that emerged ten years ago just started to be in the spotlight for traditional types of business, and it’s proven to be very successful. In simple terms, what blockchain does is keep a record of different types of information in a very secure decentralized system that is tamper-proof. This means the information is stored in different nodes through hash technology all around the world making harder to forge any data. To do such a thing, someone would have to have access to at least 51% of the nodes that are keeping the data. Most of the people know how this system is used for trades and transitions of digital currencies, but they’re struggling to understand how we can use blockchain to improve and simplify some process. So, answering the question we did at the be...

What is Supply chain management and how blockchain is the next thing is this industry?

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After a long day at work, you come home to find out a package on your doorstep. Finally, that amazing purchase you were expecting has arrived. Do you know how it got to your house? What may seem common or easy for us, a simple package delivered at our door, actually took a great deal of work and effort to get there? All of these activities involved are a part of a Supply Chain, the process of moving services or products from the supplier to the client.               The supply chain is a powerful industry that requires a great deal of planning and outstanding management to be efficient. Otherwise, the joy of getting that purchase at your doorstep can be transformed into a headache. But what it takes to make this process excellent? Planning Clear visibility of the whole supply chain process Great communication between all parties involved Technology that supports decision making and helps control the supply chain flow This last item...

Hyperledger in Healthcare Industry

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The blockchain is not only disruptive because of what it allows us to do - share immutable information on a distributed shared ledger - but also because it can help with the improvement of almost any type of industry, including healthcare. A Hyperledger blockchain development can benefit patients, doctors, and hospitals. Once the data is stored in the chain, health professionals can have access to reliable information about the patient, providing them with more effective treatment, for example. Blockchain App Factory believes in the power of blockchain and offers end-to-end solutions in Hyperledger development, helping to make the healthcare system more functional.

What is a crowdsale of an ICO and how is it different from a presale?

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We often hear about crowdsale when reading the introduction of a blockchain business idea. But do you know what it means? The crowdsale is the heart of an ICO project. It is when the company starts to sell its tokens in exchange for money, so they can raise funds for their idea and create a larger investment. A crowdsale is open to anyone who wishes to invest in the ICO. Buying the tokens usually gives you some advantages such as bonus, awards or even discounts on fee in the coin exchange platform. It is important to mention that the crowdsale is different from a presale. Sometimes people can mix up these terms, but they are different parts of an ICO launch. The presale is a way that companies found to give a little taste of their tokens to the investors and also make sure the ICO is seen. It happens before the crowdsale, usually targets bigger investors and also can give them some discounts on the purchase. Now that you understand the different phases of an ICO launch ...

How to launch your own ICO through the Ethereum blockchain

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Ethereum platform gave the opportunity for people to create their own tokens, helping to pave the way for Initial Coin Offerings (ICO), and now most of the ICO projects are based on the ERC-20 technology. But how can you launch your own ICO on Ethereum? First, we have to remember that it is not because a person can build an ERC-20 token that the project worth the investment. So, before thinking about starting an adventure in the Ethereum platform, you should think about finding a team of experts in ICO launch. An ICO development company will make sure the token is performing the way it should, will take care of all the intricacies that involve a launching and, depending on the ICO launch services they provide, the company can even help you market your project. So, if you are looking to launch an ICO on Ethereum platform, Blockchain App Factory is the best choice for your venture. We are the best ICO launch services provider in the market helping business with end-to-end ...

Decentralized Applications on the blockchain

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With blockchain being known for its decentralization, the appearance of applications on the same platform brings a lot of excitement to the table. Running on Ethereum platform,  DApps is entirely open-sourced and automated with no third party involved. As a consequence, the chance of a failure is non-existent. How much more advantageous can it be? Offering a full transparency, DApps blockchain development includes the following stages: Whitepaper mentioning the description of the application features and entailing a working prototype  Initial establishment of tokens sale and the following expansion of the Initial Coin Offerings Implementation and the launch of the application Blockchain App Factory, one of the leading decentralized application development companies , is capable of providing you with the solutions customized to your needs. With the help of our company, you’ll have an app of your own with the next features: Seamless management of ven...

The New Phenomenon - Ethereum ICO Smart Contracts

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Public blockchains gave birth to a new technology known to us as Smart Contracts. A viable alternative to the traditional paper contracts constitute a digitally outlined agreement secured with the cryptographic code. This agreement has Ethereum as a base platform, which is designed specifically for the purpose of contracts’ creation.  Notably, Smart Contracts have an assortment of abilities - from operating as “multi-signature” accounts with the consent of a certain percentage of people to supplying other contractors with utilities. They are also known to keep data on the domain registration as well as membership documentation.  With the overwhelming amount of benefits they provide, their presence in major industries is not shocking. Smart Contracts can be applied in the following sectors: Insurance: Claim processing is a time-consuming process that can be simplified and automated with the help of the Ethereum ICO Smart Contract Internet of Things:...