Blockchain Consulting

At ICODA, we provide customers with blockchain consulting services. We help you to operate in a smarter way, eliminating risks, perfecting the system and providing high security. The best experts and blockchain consultants with great skills and impressive experience in launching blockchain projects will assist you.

With our impressive expertise across different spheres, we produce a comprehensive roadmap for the integration of blockchain. ICODA provides help on each step: from launching the project up to choosing the right blockchain solution.
We are ready to help you with rolling out a successful platform, explore every side and employ custom solutions in order to boost your project.

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Reliable and safe blockchain solutions on ICODA

  • Create and implement top-notch technologies
  • Use all the most secure cloud solutions and infrastructure
  • Have an extensive blockchain background
  • Make, test and validate the best ideas
  • Explore and test future business models offered by decentralized technologies

What do we offer?

Custom application development We will examine your project, find out the need for a blockchain solution and find out how blockchain can enhance the firm and the way it operates. We suggest the ideal technology and available improvements for the organization.
Create a strategy for a project We will provide the best plan for you. We lead our partners in selecting aims and empower executives to control the consortium model and the whole project.
Building products and apps Our experts will accompany your firm in order to rearrange processes within the firm as well as create apps. We are ready to provide you with a wide range of services in spheres of tech, transactions to implement a new system efficiently.
Assistance Our experience allows us to guarantee that the company will get high-professional comprehensive assistance and gain the full potential of this top-notch system. We are ready to help you analyze all of your workflows and software development to utilize helpful applications as well as solutions suitable for the firm.

Building blockchain platform: everything that you should know

Blockchain ecosystem is a digital peer-to-peer asset transaction exchange shared among a distributed network of computers that can help boost the speed of completion or settlement and enhance security measures. It has the potential to streamline and accelerate your business processes, increase protection against cyber threats and reduce or eliminate the roles of mediators.

Blockchain is trustworthy and transparent regarding data and can be used in multiple compelling projects. BCG experts help organizations identify—and seize—accessible opportunities.

 

 

Advantages of this system

Blockchain gains mass adoption due to its ability to improve security and speed up information. In addition, it is transparent and reduces costs. Best known for its use in a sphere of digital assets, blockchain—a distributed database that is trustworthy and has rock-bottom operational costs—has the potential to change how organizations operate. Already, the system is utilized in a wide set of business and economic segments like financial operations, keeping data and agreements between buyers and sellers. And that is not all. More projects created on blockchain will be rolled out.

Blockchain can offer you a compelling option when data that should be kept collectively is fragmented at the source or there is an absence of data security. Some advantages of utilizing this technology include data reconciliation, standardization and harmonization and low risks of data leakage or third-party interference.

 

 

How can blockchain be used in business?

Blockchain can benefit various spheres. Among them are global supply chains, healthcare, government, financial services and other segments. Startups and enterprises are exploring ways to utilize blockchain in traditional systems.

 

Use cases for blockchain technology

For example, the supply chain and its ability to track all the details inside the system is a crucial part of a blockchain solution.

Since blockchain provides a tamper-proof way to store data, a work’s owner can safely store their agreements as well as important data. Along with being tamper-proof, blockchain provides a way to trace the owner of work and protect intellectual property.

 

Smart contracts

As for smart contracts that are kept on a blockchain that run when predetermined conditions are met. They are typically utilized to automate the execution of an agreement so that all parties can be sure of the outcome quickly and without any third-party interference.

 

Distributed ledger

Each node processes and verifies every item, thereby generating a record of each item and creating a consensus on its veracity. A distributed ledger can be used to record static data, such as a registry, and dynamic data, such as financial operations.

By providing you with blockchain consulting services, our ICODA team can bring transparency, traceability, safety and effectiveness to your business ecosystem.

 

 

What is a blockchain consulting company?

When a group of blockchain experienced experts come together to suggest a feasible solution for your blockchain development, they are called a blockchain consulting company.

Even as blockchain consulting continues to emerge as a lucrative business, a number of global consulting firms continue to maintain divergent views on what to expect going forward. Consulting firms are increasingly releasing findings and statements about the burgeoning sector as businesses and startups continue to seek professional advice.

As ledger technology continues to evolve, so are companies and startups seeking ways to gain a head start on a technology that promises significant potential. Blockchain consulting firms are slowly cropping up, all in the effort of addressing the growing demand for professional advice.

Companies around the world looking for ways to harness revolutionary technology is what is triggering demand for blockchain development. Blockchain technology consulting is fast becoming a booming segment as firms look to employ the technology in addressing basic issues ranging from network downtime or security breaches.

Blockchain consulting firms are also helping interested companies come up with blockchain technology apps for enhancing internal operations.

The blockchain ecosystem will always have practical value as a revolutionary tech for enhancing performance. Given that blockchain development is still in the early stages, demand for blockchain services has a great chance to rise.

Firms with reputations in helping businesses gain a head start on the use of technology should continue to enjoy booming the segment going forward.

 

 

How blockchain consulting works

When a firm works with blockchain consulting services, it can upload and store select data on a blockchain, where it exists as a shared database. This implies that its records are public and easily validated, but most importantly, they are secured via cryptography. As data is hosted by millions of computers at the same time, it is accessible throughout the internet.

 

Ideation

It is crucial for IT experts and blockchain consultants to find out if it is suitable for the project or not. Moreover, they will find out goals and workflow for a project.

 

Assessment

The technical team analyzes an existing project and finds out if it can be migrated to the blockchain. They assess procedures and find out where blockchain can be applied.

 

Technical component definition

Experts identify and select the right blockchain platform taking goals, plans and blockchain services into consideration.

 

Proof of concept (PoC)

A framework and prototype will be created to recognize the use cases for the company with the most viable options and features.

 

Integration

Consultants and experts from the IT company can help clients identify if blockchain technology can be integrated into their business processes and environment.

 

Creation process

Once you are ready to get started with the creation of your blockchain-based project, they will be able to create blockchain-based projects, from UI/UX to full front-end and back-end integration.

 

Feel free to contact us

We are the team of experts that will support your business at all stages