Blockchain development services aim at creating decentralized blockchain networks that allow for establishing new business models and provide businesses with increased traceability of data and transactions.
Blockchain is a list of continuous growing records that are linked through cryptography. In simple words, it is an added-only transaction ledger.
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Free QuoteIf you operate in a regulated industry or plan on delivering a software product for such businesses, be sure that the regulations bound to data privacy and traceability will be safeguarded. To ensure blockchain software security, we devise a strategy for preventing governance, process, and technology risks before development. Upon development, we enforce endorsement policies for confirming transaction validity; implement identification, authentication, and authorization controls for APIs; set up privileged access management; and implement other security-boosting strategies.
Blockchain is capital intensive, but it provides non-IT enterprises with the possibilities for cost savings at different levels (transaction costs, business operations costs, compliance costs), and allows for the creation of more profitable business models. SaaS companies, in turn, benefit from leveraging blockchain technology by acquiring new customers with the products offering a high level of security and transparency into transactions. Thus, EuroGroup helps businesses achieve ROI for blockchain-based software in 12-18 months.