What is

Blockchain 2.0?

Blockchain technology has been on a sustained rise since the late 1980s. However, what was earlier a secure, anonymized means to conduct digital currency transactions has now evolved into an elegant framework with use cases spreading across almost every industry.

The current stage of Blockchain (1.0) which facilitates cryptocurrency transactions with the help of distributed ledger technology (DTL) is slowly showing signs of maturity and early advances in Blockchain 2.0 are now running in parallel.

Blockchain 2.0, in essence, is a mechanism which facilitates transactions that can be programmed or modified. This gives Blockchain technology unlimited access to transform the fields of micropayments, digital asset management, decentralized exchange, and more!

Blockchain Engineering Services at Nitor Infotech

Nitor Infotech is proud to leverage deep domain expertise in Blockchain to map technology and processes with the appropriate business use cases. Our expert engineers deploy cutting-edge Blockchain services and maximize on its immense potential to help you achieve fast and meaningful results that lend you a competitive edge.

Consortium Blockchain

Use end-to-end consortium/private Blockchain technology with a permissioned ledger, IPFS, and Smart Contracts

D-App Development

Build D-APPs for quick and accurate record keeping in a decentralized network without intermediaries

Smart Contracts

Deploy autonomous business rules and ensure higher security with Blockchain to write the Smart Contract's code

Payments and Wallets

Automate workflows, track records, boost stakeholder involvement, and facilitate speedy and secure data exchange while protecting traditional and multi-signature wallets

How We Do It?

We leverage our expertise in the technical domain to deliver customized Blockchain services for your business by following the steps mentioned:

Strategize
Gain from domain expertise to identify the right Blockchain type
Select Blockchain Platform
Choose the right Blockchain platform
Construct
Use scalable infrastructure cloud platforms for Private/Consortium Blockchain
Build
Build and review smart contracts that allow trusted automation transactions
Deploy
Build and deploy DAPP's with frontend and backend technology for quick and safe transactions
Integrate
Set up integration points using microservices and API based architecture and integrate with existing networks

Bringing Blockchain Engineering into Your Business

We strategize, build, and deploy intricate Blockchain engineering services and inculcate them within your business so you can reap the following benefits:

Streamlining: Traditional independent players work together to streamline and integrate processes, all with controlled access to sensitive data
Ensuring Speed: Removal of middlemen ensures fast, easy transactions based on the wider consensus
Assuring Security: Inherent security of verifiable, decentralized, immutable digital records which translates directly into client trust
Decentralizing: Distributed ledger ensures secure, real-time access to records to reduce censorship and fraud
Automating: Smart Contracts automatically execute actions based on pre-set conditions
Providing Encryption: All information is encrypted & timestamped using sophisticated cryptographic algorithms

Why Nitor Infotech?

While the rest of the tech sphere was investing in Blockchain within the limits of Cryptocurrency, Nitor Infotech played a pioneering role in bringing it into the realm of niche domains such as Healthcare and Finance. We successfully leveraged our expertise to:

Build an EMR-like platform for exchanging information for a leading healthcare company to build a D-App for an ecosystem of Blockchain nodes facilitated by healthcare providers, pharmacies, labs, payers, etc.
Enable healthcare ISVs to adopt emerging technologies by staying ahead of the technology curve with advanced thought leadership architects and implementation leads.
Help your business benefit from the strength of Blockchain with integrated solutions to revolutionize your company with the inherent security and trust of this technology
Deliver end-to-end Blockchain solutions including platform choice, technology and cloud deployment, and DevOps with our team of Blockchain architects and implementation leads.
Ensure software development with Web3 Foundation grants, driving advancement and adoption of decentralized software protocols.

Recommended Resources

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Substrate: A Framework to Efficiently Build Different Blockchains

Substrate is an open and interoperable blockchain framework that helps developers focus on the business logic of the chain.

Datasheet

Building Trust with Secure, Affordable, Inclusive Transaction Tracking

How the business value of Blockchain technology is seeing unprecedented growth

Download

Blog

What is Blockchain 2.0?

Blockchain 2.0 is cloud-friendly, high-performance, and based on software-as-a-service. Read our blog to learn about this second generation of blockchain!