What is Blockchain and how what are it’s Application?

‘Blockchain represents the second era of the internet.’ – Don Tapscott

Don Tapscott from Blockchain Research Institute predicted that with blockchain technologies introduction it brings major disruption in all sectors, especially in the finance and banking sector.

Blockchain is essentially an immutable distributed ledger that stores information on blocks and is connected to each with crypto hashes thereby forming a chain of blocks. These blocks are visible to all but the changes made can be made by only the authorized in the network. This promotes trust amongst the users and brings transparency to the process. Any changes made to these blocks are recorded unto new one and linked to its previous iteration and the user who made the changes are also recorded so in case of a problem it can be traced back to source easily. All of your cryptocurrencies, crypto wallets and crypto exchange are based on blockchain technology. However, the applications aren’t limited here. Anything that deals with data can benefit from blockchain technology.

How can you have a custom blockchain application? To build one blockchain application you need to be familiar with C++, or else the option is to outsource your development to companies that offer Custom Blockchain development services such as W3villa technologies that also provide blockchain consultation services in the case you advisor with your blockchain development project.

Let’s take a look at the application of blockchain technology in different fields:

Accounting: Accounting is one field that requires a lot of transparency in the process or it’s working. Apart from transparent, it has to manage a huge number of records accurately to avoid any issue and doesn’t leave any room for error. This with the security of these records is an absolute necessity that blockchain offers.

Human Resource: Using blockchain human resources can greatly benefit from the accuracy of the records. They can easily do background research on the history of the candidate and verify the information given by the same.

Logistics: Logistics and shipping involve a lot of paperwork in maintaining shipping records and tracking the ongoing shipments. With huge loads of paperwork to be done makes the entire process slow and inefficient.

Governance: As of a lot of government processes have a lot of red tapisim invloved. Even sometimes the most essential function of voting is tampered with. Blockchain here can offer security and make the entire process more transparent to the public and reduce red tapisim.

Energy supply: Here the major benefits will be provided to consumers as often they find the energy bills quite high. with blockchain, the billing and energy consumption data can be clear and offer justifiable bills. 

These are few industries where blockchain can help bringing in transparency and security to the processes. If planning to have a blockchain-related project you avail blockchain consulting services to gain clarity on the project working and then proceed for custom blockchain development.

W3villa technologies is one of the prime blockchain development company based out of San Diego, CA that offer a host of Custom blockchain development services such as Cryptocurrency development services , Cryptocurrency exchange development service and others. We also offer different hiring models for our experienced team of blockchain developers to choose from to fit your requirements and budget.

Original Source : https://w3villa.wordpress.com/2020/02/25/what-is-blockchain-and-how-what-are-its-application/

How One Can Build an Cryptocurrency Wallet?

A cryptocurrency wallet is mainly used for storing your cryptocurrency. These are like your digital wallets but don't hold money in them instead they store the address of the coins that you own. To build such a wallet you can either opt for cryptocurrency wallet development services offered by Blockchain companies like W3villa Technologies.

Before building you need to consider the following factors : 

• Type of wallet: Unlike digital wallets, Cryptocurrency wallets have different forms such as Cloud wallets, a desktop wallet, a mobile wallet, a hardware wallet. Depending on your needs and requirement you'll have to select the type of wallet you want to develop.

• Target platform: Apart from a hardware wallet you need to decide on which platform you need a wallet to be built. For example: For mobile wallets, you need to consider iOS or android, for the desktop you need to decide between Windows, MacOS, or Linux. All these platforms have a different audience reach and types of users. To gain maximum penetration choose platform accordingly.

•  Features and Security: As with the wallet you need to have maximum security and accordingly to employ security measures such as biometric lock, two-factor authentication and so on. Features are what will attract your audience, so you need to offer features that are unique and provide value to your users.

•  The base of the wallet: Once deciding on the type of wallet, audience, platforms, features set, you need to work on structuring the blockchain for the wallet. Here you can go to custom blockchain development services companies or cryptocurrency wallet development companies such as w3villa technologies.

• Programming Language: Such as bitcoin is based on the blockchain these wallets also use blockchain to function. And hence they also use C++, Python or Java for crypto wallet development.

If you are considering to build a wallet yourself you need to be very familiar which the blockchain technology and the required programming language for the same. Or the best and most cost-effective way to develop is to outsource them to companies that offer cryptocurrency wallet development services.

W3villa technologies are one of the prime blockchain development company based in San Diego, CA and offer a host of cryptocurrency and blockchain development services under one roof. We also offer different hiring models for our developers to fit your requirements and budget.


Original Source :
 https://w3villa.wordpress.com/2020/02/25/how-one-can-build-an-cryptocurrency-wallet/

Why Should go with NodeJS Framework for your Next Development Project

NodeJS has been gaining popularity amongst developers and companies for quite some time. From the developer’s point of view it development process easy owing to the fact it uses javascript at the front and the backend. Since it requires only one developer to work at the backend and as well as frontend it saves costs for companies and saves efforts of the developers in coding. NodeJS being a cost-effective solution, many known companies or small businesses and startups are opting for NodeJS development services.

Here are the benefits you get with NodeJS development : 

1. Use of server less Architecture: NodeJS being a cross-platform framework, you don’t need to worry about which server to choose for. In 2020 the serverless architecture is garnering a lot of attention due to eliminated dependency for servers and additional servers. This type of architecture dynamically allocates cloud server space according to needs. NodeJS being an event-driven framework perfectly fits into this type of architecture.
2. Real-Time Applications: Applications where multiple users are interacting and there a continuous data request and processing going on parallel with each other. This type of load is easily handled by NodeJS and with the use of TCP protocols and APIs, avoids the risk of server overloading.
3. Support for IoT devices: NodeJS is an event-driven framework and provides an excellent runtime environment for IoT devices. As IoT relies highly on processing realtime data and provides instant response to a particular event, NodeJS fulfills these requirements quite effortlessly.
4. Building Cloud-Native Apps: With the support of serverless architecture NodeJS reduces the dependency on the hardware. Again makes it an excellent framework for building cloud-based applications with minimal hardware requirement.
5. NodeJS+GraphQL: Serving as an effective alternative to REST API, GraphQL along with NodeJS can provide a great amount of performance with the ability to work concurrently on multiple platforms and data sources.
6. Powering MEAN and MERN stacks: MEAN and MERN are the most powerful open-source technology stack available for the developers. Using this the developers can an application having any scale of complexities at frontend and at same time help at the backend as well. An excellent example of this is Netflix that uses MERN Stack to aid in smooth operations and web development process.

These are the reasons why you should go with NodeJS as your next framework for development. 

W3villa technologies are one of the prime NodeJS development company that offer the whole suite of NodeJS development services such as MEAN and MERN stack development and other. W3villa technologies are based out from San Diego, CA and we have an excellent team of developers to provide the most optimal solutions to meet your requirements.

OriginalSource:https://w3villa.wordpress.com/2020/02/24/nodejs-framework-for-your-project/

What are Cryptowallets and what are the Different Types

What are cryptocurrency wallets? How different are they from your other digital wallets. Well, Cryptocurrency wallets as the name suggests are meant to be used while trading cryptocurrencies. How these wallets are made? They are a product of blockchain development. The same technology that is used in the creation of crypto-currency is used for cryptocurrency wallet development. 

These wallets, unlike other digital wallets, don't hold money, instead of the hold a set of private and public keys. These sets of keys are used to transact cryptocurrency between two parties. Instead of sending the bitcoins from one party to another, the ownership of these coins is changed and the address of the owner is updated for those particular coins in the blockchain. You can either use existing crypto wallets or else you have your custom crypto wallet with the help of companies that provide Cryptocurrency wallet development services or custom blockchain development services.

Unlike digital wallets, Crypto wallets have various forms : 

1. Desktop wallets: These wallets reside on your personal computer and can be used for any cryptocurrency-related transactions. These wallets are very secure.
2. Mobile wallets: As the name suggests these wallets reside on your mobile phones and are very handy as it can be accessed anywhere anytime. Again these wallets are secure as log your mobile isn't tampered with.
3. Hard wallets: These wallets are present in the form of a portable disk drive or pen drive. These types of wallets hold entire blockchain and wallet related information and keys. These types of wallets are ultra-secure and most favored form of wallet. These devices are furthermore secured by biometrics to limiting access to the drive.
4. Cloud wallets: As the name suggests these wallets reside on cloud servers and can be accessed either via desktop or mobile anywhere anytime. These wallets although being easy to access and handy, possess less security. In the event of a cloud server is down or these servers being compromised can cause loss. Although such occurrence is quite rare one cant not rule out a security concern when it comes to Cryptocurrency. 

W3villa technologies is one of the prime custom blockchain development companies based in San Deigo, CA. We have a team of experienced blockchain developers who have worked on providing various custom blockchain development services. We aim to be a one-stop solution company for blockchain-related development.

Originalsource : https://w3villa.wordpress.com/2020/02/21/what-are-cryptowallets-and-what-are-the-different-types/