The blockchain is a digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. The main purpose of the blockchain is to allow fast, secure and transparent peer-to-peer decentralized network that allows the transfer between two parties efficiently on an open, ledger that can record, verify and provides a secure way of making and recording transactions, transfer of digital values such as currency or data, agreements and contracts – anything that needs to be recorded and verified.
At DigiXHub we believe that Blockchain and Distributed Ledger Technologies (DLTs) carry the potential to introduce a new level of transparency, automation, and efficiency in businesses and nonprofits.
Most organizations find it challenging to understand and apply the full power of Blockchain and Distributed Ledger Technologies (DLTs) to get tangible business results. Our team is passionate about utilizing our technical capabilities, experience, and product mindset to help our clients effectively extract real business value by implementing blockchain and DLT across their organization.
Our team includes the biggest pool of blockchain engineering, cryptography, and cybersecurity talent in Asia and the Gulf. Our expertise has already helped dozens of SMBs and enterprises working on blockchain development platform including the Bitcoin, Blockchain, Ethereum, Hyperledger, EOS, Ripple, Factom, Tron, Neo, Icon & Aion, among other protocols.
The term “Public Blockchain” describes that it is an open blockchain which is for the public. This is for the people. Anyone can join the chain and start transactions in the block.
They can join any public blockchain and start mining. This blockchain has an incentivization mechanism that helps more people to join the network.
The Private blockchain may be a secured blockchain which may be read, write, review and audit by specific access. It’s additionally referred to as Permissioned blockchain. It needs to take access from the authorized party to access the blockchain and create transactions. It works in a decentralized manner
A Consortium Blockchain also called as Federated Blockchain is one where multiple companies have the control of the network thus the blockchain is named as consortium blockchain.
Members of this team can start mining and they can make decisions or transactions on the chain. They are decentralized partially.
Market leaders around the globe are actively adopting blockchain to create new business models and outperform the competition.
We can help you become one of them.