Possibilities that favor Distributed Ledger
Since the dawn of civilization, humans have relied on ledgers to record transactions and build trust. As we entered the digital age, we began to explore new ways of maintaining these records, leading to the emergence of Distributed Ledger Technology (DLT).
Distributed Ledger Technology (DLT) enables secure and tamper-proof storage of records, data, and information, facilitating cost-effective asset transfers. This innovative technology ensures easy accessibility while protecting against unauthorized modifications, providing enhanced security and trust. Join us on our journey to explore the possibilities that DLT has to offer and revolutionize the way we do business in the Industry 4.0 era.
Our Distributed Ledger Technology
We pride ourselves on being pioneers in the emerging field of DLT, and we're always looking for new ways to revolutionize the industry. Let us help you take your business to the next level with our innovative DLT Creation Services.
Custom DLT Services
Our custom DLT services are backed by a team of highly skilled developers who have expertise in distributed systems, consensus algorithms, cryptography, and smart contract development. Our team of experts has deep technical expertise in building DLT-based solutions using various frameworks such as Hyperledger, R3 Corda, and Ethereum, etc. We focus on building decentralized systems that provide transparency, security, and immutability while enabling efficient data transfer and storage.
Distributed Ledger technology integration
As a global-scale player with credible real-world expertise in distributed ledger technology, we have the resources and cutting-edge technology to pave the way for trusted and efficient business ecosystems. With our Distributed Ledger technology integration service, we can help transform your business by leveraging the power of blockchain to optimize operations, reduce costs, and enhance security.
Public and private blockchain deployment
We offer seamless and hassle-free public and private blockchain deployment services to help businesses leverage the power of blockchain technology. Our team of experts can assist you in deploying smart contracts on the mainnet for public blockchain, ensuring a smooth and efficient process. We understand the criticality of setting up a private blockchain for our clients, which is why we offer end-to-end support in setting up nodes for private blockchains.
Security auditing and testing
Our Security Auditing and Testing Services provide a comprehensive analysis of your system's security posture, including identifying vulnerabilities and providing remediation recommendations. Our expert security analysts conduct thorough security assessments, including penetration testing and vulnerability assessments, to identify security gaps and ensure compliance with industry-standard security practice.
Blockchain development and implementation
Our Blockchain development and implementation services encompass the entire lifecycle of Blockchain-based projects, including design, development, testing, and deployment. Our team of experts specializes in implementing Blockchain solutions on various platforms such as Ethereum, Hyperledger, and BSC, Stellar, Polkadot, etc. Whether you need a custom-built Blockchain solution or integration with existing systems, our services are tailored to meet your specific requirements.
Distributed Ledger Technology
As a DLT Blockchain Development company, we use various blockchain consensus mechanisms to ensure the security and reliability of the blockchain network. We can also help clients choose the right consensus mechanism based on their business needs. Some common consensus mechanisms used in DLT include:
Proof of Work (PoW)
In PoW, miners solve complex mathematical puzzles to validate transactions and add new blocks to the chain.
Strength: High security, resistant to Sybil attacks, simple and easy to understand.
Weakness: High energy consumption, slow transaction confirmation time, vulnerable to 51% attacks.
Proof of Stake (PoS)
In PoS, validators are chosen based on the amount of cryptocurrency they hold, instead of the amount of computational power they have.
Strength: More energy-efficient than PoW, faster transaction confirmation time, less susceptible to 51% attacks.
Weakness: Less secure than PoW, initial distribution of tokens can be unfair, vulnerable to long-range attacks.
Delegated Proof of Stake (DPoS)
DPoS is a variant of proof of stake where token holders elect a group of representatives to validate transactions and create new blocks.
Strength: Faster than PoW and PoS, more energy-efficient than PoW, less susceptible to 51% attacks, and more democratic than PoS.
Weakness: The voting process can be centralized, initial token distribution can be unfair, and security depends on the quality of the delegates.
Practical Byzantine Fault Tolerance (PBFT)
In BFT, validators vote to agree on a decision. It aims to solve the Byzantine Generals Problem - a problem where decentralized parties need to reach an agreement without relying on a trusted central party.
Strength: Fast transaction confirmation time, highly scalable, fault-tolerant, and less susceptible to malicious attacks.
Weakness: Not fully decentralized, requires a fixed number of nodes to operate, and may not be suitable for open, public networks.
Proof of Authority (PoA)
In PoA, network's validators are chosen based on their identity or reputation.
Strength: Fast transaction confirmation time, low energy consumption, and highly scalable.
Weakness: Centralized and not very secure against malicious attacks, vulnerable to censorship and manipulation.
Steps involved in the process of developing
At Codezeros, we follow a comprehensive approach to develop DLT solutions that meet the unique requirements of each client. Our process includes:
We conduct thorough research to understand your business and technical requirements for developing the DLT solution.
Proof of Concept (PoC):
We create a PoC to validate the feasibility of the proposed solution.
Design and architecture:
We create a blueprint of the DLT system architecture, identify the DLT platform that best suits the project, and design the data schema and smart contracts.
Development and coding:
we write and code the smart contracts, developing the front-end and back-end of the DLT system, and integrate the system with external APIs and third-party services.
Testing and quality assurance:
We conduct functional, performance, and security testing of the DLT system to ensure that it meets the client's requirements and is free of bugs and vulnerabilities.
We deploy the DLT solution on a private or public network, configure nodes, and ensure the network is stable and secure.
Why choose us for Distributed Ledger technology services?
As a leading provider of DLT solutions, we offer a unique blend of technical expertise and customer-focused service, ensuring that your DLT implementation is a success. Choosing us for your DLT needs means choosing a partner who is committed to delivering the highest quality solutions, tailored to your specific business requirements.
Deep understanding of cryptographic algorithms and protocols to ensure data privacy and security in DLT implementations.
DLT Integration with Technology
Skilled in integrating DLT solutions with other technologies, including IoT, AI, and Cloud Computing, to enhance functionality and usability.
Provide comprehensive support to our clients throughout the entire DLT implementation process, from initial consultation to deployment and maintenance.
Proven track record
Delivered high-quality DLT solutions to clients across various industries, including finance, banking, healthcare, supply chain, and more.
The most common questions
Find answers to common questions about DLT and blockchain technology in our informative FAQ section.