#Hire hyperledger developers in usa

[krunal-vyas]

Top Technologies to Hire Dedicated Developers in India

Hiring dedicated developers in India is a strategic decision for startups, SMBs, enterprises, and tech firms worldwide. India has established itself as a global leader in software development, offering a vast talent pool, cost-effective solutions, and expertise in cutting-edge technologies. Companies looking to hire dedicated developers in India benefit from affordability, expertise, and seamless collaboration with offshore development teams.

However, navigating the hiring landscape while balancing cost, quality, and project execution can be challenging. This guide will help you identify the best technologies to hire dedicated developers in India, explore the top platforms to find dedicated developers in India, and highlight cost-effective ways to hire Indian software developers.

Why India is a Leading Hub for Dedicated Developers

1) Large Talent Pool with Diverse Expertise:

India produces over 1.5 million engineering graduates annually, with expertise in full-stack development, cloud computing, AI, blockchain, and other emerging technologies. This ensures access to a diverse and highly skilled workforce, making it an attractive option to hire Indian software developers for various projects.

2) Cost-Effective Development Without Quality Compromise:

Hiring offshore developers in India can save businesses 40–70% compared to the USA, UK, or Europe, making it a practical option for companies operating under budget constraints.

3) Strong Educational Background & Technical Excellence:

Indian developers have a robust foundation in STEM (Science, Technology, Engineering, and Mathematics), enabling them to excel in problem-solving, software architecture, and complex coding. This makes it easier for companies to hire a dedicated development team in India that aligns with their project needs.

4) Supportive Government Policies & IT Infrastructure:

India’s IT-friendly policies, tax incentives, and world-class tech infrastructure make it a preferred offshore development hub, further boosting the demand for offshore developers in India.

Top Technologies for Hiring Dedicated Developers in India

1. Web Development Technologies

JavaScript Frameworks (React.js, Angular, Vue.js):

React.js — Best for fast, scalable UIs (used by Facebook, Instagram, Airbnb).

Angular — Ideal for enterprise-grade applications with robust architecture.

Vue.js — Lightweight and flexible, perfect for startups and dynamic web apps.

Backend Technologies:

Node.js — Best for real-time applications (used by Netflix, LinkedIn, PayPal).

PHP & Laravel — Cost-effective web development; Laravel ensures security & scalability.

Python & Django/Flask — Ideal for data-driven and high-security applications.

2. Mobile App Development Technologies

Cross-Platform Development:

Flutter — Single codebase for iOS & Android (used by Google Ads, Alibaba, BMW).

React Native — Developed by Facebook, ideal for hybrid mobile applications.

Native Mobile Development:

Swift — Apple’s preferred language for iOS development.

Kotlin — Google-backed, the standard for Android app development.

3. Enterprise & Backend Development Technologies

Java & Spring Boot — Scalable & secure enterprise applications (used in banking & healthcare).

.NET & C# — Best for Microsoft-based enterprise solutions.

Golang — High-performance backend development, cloud computing, AI, and microservices.

4. Emerging & Niche Technologies

Blockchain (Ethereum, Hyperledger) — Ideal for fintech, smart contracts, supply chain management.

AI & Machine Learning (TensorFlow, PyTorch) — Used for chatbots, automation, predictive analytics.

DevOps & Cloud (AWS, Azure, Kubernetes) — Ensures seamless CI/CD pipelines & automated deployments.

Cybersecurity — Essential for data protection and compliance.

Key Factors to Consider When Hiring Dedicated Developers in India

A. Cost & Budget Considerations:

Compare offshore vs. in-house costs.

Assess long-term ROI rather than just initial cost savings.

B. Quality & Skillset Assessment:

Verify developer expertise in relevant technologies.

Review portfolios, case studies, and previous client feedback.

C. Communication & Time Zone Management:

Ensure clear communication via Slack, Zoom, Jira, Trello.

Hire developers comfortable with Agile methodologies.

D. Project Management & Risk Mitigation:

Set clear milestones, deliverables, and quality assurance benchmarks.

Establish security protocols for protecting sensitive information.

Top Platforms to Find Dedicated Developers in India

1) Freelance Platforms:

Upwork, Fiverr — Ideal for short-term projects and independent developers.

2) Dedicated Hiring Platforms:

Turing, Toptal — Pre-vetted developers for high-quality, complex projects.

3) IT Outsourcing Companies & Agencies:

Best for businesses seeking long-term, scalable development teams with end-to-end project management.

4) Direct Recruitment via LinkedIn & Job Boards:

Perfect for startups and enterprises looking to hire full-time developers.

Advantages of Hiring Offshore Developers from India

Cost Savings — Businesses can reduce costs significantly by hiring Indian software developers.

Access to Skilled Talent — A vast pool of developers proficient in the latest technologies.

Scalability — Easily expand or downsize teams based on project needs.

Time Zone Advantage — 24/7 development cycle with overlapping work hours.

Strong Work Ethic — Indian developers are known for their commitment and problem-solving abilities.

How to Hire Dedicated Developers in India

Define Project Requirements — Clearly outline the technologies, skills, and experience needed.

Choose the Right Hiring Model — Decide between freelance, dedicated teams, or IT outsourcing.

Evaluate Developer Skills — Conduct coding tests, portfolio reviews, and technical interviews.

Ensure Smooth Onboarding — Set up communication channels and development workflows.

Conclusion:

Hiring dedicated developers in India is a smart choice for businesses looking to build high-quality software solutions while optimizing costs. With expertise in top technologies like web development, mobile app development, enterprise solutions, and emerging fields like AI and blockchain, India offers a vast talent pool to meet diverse project needs.

By carefully selecting the right technology stack, assessing developer skills, and choosing the best hiring platform, businesses can successfully scale their development teams and achieve long-term success.

Looking to hire dedicated developers in India? Partner with iQlance to get top-tier software developers specializing in web, mobile, and enterprise solutions. Build your dream team with expert developers tailored to your project needs. Contact us today to get started!

[hiretechblog]

List of Best Sites to Hire Blockchain Developers in USA

Finding blockchain developers with experience in the USA is crucial for businesses looking to use blockchain technology. This is a comprehensive list of top platforms and websites where you can find and hire blockchain developers in USA.

TechGropse

TechGropse is known for its blockchain development services with top blockchain developers. They thoroughly test their developers and accept only the highest 3% of applicants. This ensures that companies can get highly dedicated blockchain programmers proficient in Solidity, Ethereum, Hyperledger, and various other blockchain technologies. Techgropse provides flexibility when hiring strategies, regardless of whether you require only one developer or a whole team. 

Upwork

Upwork is among the biggest freelance marketplaces in the world, providing a variety of blockchain developers with different degrees of expertise and prices. Businesses can submit their project requirements and get proposals from freelancers in the USA or around the world. Upwork has tools to manage projects, monitor progress, and ensure that payments are secure. While Upwork has a variety of developers, companies should be sure to scrutinize candidates based on reviews of portfolios, portfolios and tests to ensure they meet the project's technical requirements and budgetary limitations.

LinkedIn

LinkedIn is a powerful platform for professional networking and recruiting. Employers can use LinkedIn's job listing feature to post blockchain development positions and connect with candidates from the USA. LinkedIn can also facilitate direct contact with potential applicants based on their profiles, skills, and experience working in the field of blockchain. Leveraging LinkedIn's vast network of connections can aid companies in finding skilled developers looking for possibilities in the field of blockchain.

AngelList

AngelList is a platform for startups to connect with investors. It also offers an employment board specifically designed for technical roles, such as blockchain developers. Businesses can advertise job openings for blockchain developers or look through profiles of people interested in joining new blockchain projects across the USA. AngelList focuses on connecting companies with entrepreneurial-minded individuals, making it ideal for startups and tech companies looking to build their blockchain development teams.

Dice

Dice is a job board focused on technology jobs, including blockchain development. Employers can publish job postings to blockchain engineers across the USA and gain access to a database of tech professionals who are actively looking for job opportunities. Dice provides features such as the ability to access resume databases and alerts for jobs and company profiles to assist companies in finding and recruiting the most suitable applicants for their blockchain-related projects. Dice's platform was designed to simplify the hiring process for technical roles and is an excellent source for businesses needing blockchain-related expertise.

Stack Overflow

Stack Overflow isn't just a viral platform for Q&A with developers; it also has an employment board where businesses can advertise jobs to blockchain-related developers. Developers on Stack Overflow are typically highly skilled and actively involved in the tech world, and it is a fantastic location to locate skilled blockchain professionals from the USA. Stack Overflow lets companies choose candidates based on their proficiency in blockchain technology, programming languages, and experience in the industry, which ensures an ideal match to a project's requirements.

GitHub Jobs

GitHub Jobs provides a list of jobs run by GitHub, a top platform for developing software and version control with Git. Employers can publish job postings for blockchain developers and look through the profiles of developers involved in blockchain-related initiatives on GitHub. GitHub Jobs enables businesses to locate candidates with hands-on expertise in blockchain development, open source contributions, and an in-depth knowledge of distributed ledger technologies. This platform is handy for companies seeking to recruit active developers within the Blockchain community and possess a solid collection of code contributions.

Remote OK

Remote OK specializes in remote jobs across various sectors, such as blockchain development. Businesses can create employment for blockchain developers in the USA or elsewhere. Remote OK attracts diverse tech professionals looking for flexible work schedules, making it ideal for companies seeking to hire blockchain experts who work remotely. The platform provides features such as job alerts, company profiles, and match-making of candidates by experience and qualifications, which facilitates efficient hiring processes for remote blockchain-related roles.

Conclusion

The best website or platform to hire top blockchain developers in USA depends on factors like project specifications, budget, and preferred hiring models. Suppose you choose to go with marketplaces for freelancers like Toptal and Upwork, professional networks like LinkedIn and AngelList, specific tech job boards such as Dice and Stack Overflow, or platforms such as GitHub Job or Remote OK for remote opportunities. In that case, Each option has its own advantages regarding accessibility to talent, scalability and flexibility in hiring. Through these websites, companies can find talented blockchain developers who can help ensure the development of their blockchain-related initiatives and remain competitive in the changing digital landscape.

[sophiasmithg]

Which is the Best Blockchain Development Company in India?

Blockchain is not a buzzword anymore. Startups to large enterprises are adopting it to simplify business operations and get a competitive advantage. 

If you are looking for top blockchain companies in India, then you are on the right page. We have listed the top blockchain development companies in India with their offerings. 

Understanding Blockchain Market Dynamics 2024

Businesses are using Blockchain solutions for secured payments, digital assets, and smart contracts, increasing global blockchain spending. 

The global blockchain market is estimated to grow to $2,450.4 billion by 2034, due to the high adoption of blockchain technology across different sectors- BFS, entertainment, healthcare, and media. 

Blockchain Popularity in India

Recently, the Asia-Pacific region has become the fastest-growing blockchain market, due to the following reasons-

Increased investments from governments and businesses

The rising adoption of digital payment systems

A large unbanked population

Supportive regulatory frameworks

Initiatives promoting blockchain innovation 

Consult a blockchain development company offering full-stack blockchain development services to stay ahead. 

Top Blockchain Development Company in India

Below is the list of top blockchain development companies in India, in 2024. 

1. OnGraph: Blockchain Development Company in USA and India

OnGraph offers premier blockchain development and consulting services, known for expertise and reliability. Specializing in innovative solutions, OnGraph tailors services to client needs. From blockchain development to integration consulting, OnGraph delivers cutting-edge solutions for business growth. 

They have 200+ blockchain development teams excelling in several technologies like Blockchain, Analytics, IoT, ChatBot, AI, ML, and AR, enhancing visibility and performance across industries.

OnGraph’s Blockchain Offerings

Blockchain App Development Services

Blockchain Consulting Services

Coins & Wallets

Decentralized Application (dApp) Development

Smart Contract Development

Hyperledger Blockchain Development

Ethereum Blockchain Development

POC Development

Blockchain Smart Contract Development Services

ICO Development Services

OnGraph’s Methodology

Blockchain consultancy

Discovery

UI na technical design

Blockchain development

Migration and updates

Support and maintenance

Hire blockchain developers for next-level blockchain development services in India. 

2. SoluLab

SoluLab is a top blockchain development company with 50M+ active app users and a 97% client success rate. They have a faster hiring process that saves significant recruitment costs. They are experts in several technologies- cloud computing, chatbots, blockchain, IoT, machine learning, AI, and AR/VR. 

Key Offerings

Blockchain development

IoT solutions

Mobile app development

AI and machine learning

Big Data Analytics

3. Vegavid Technology: Global Blockchain Solutions

Founded in 2019, Vegavid Technology is committed to transforming the world with innovative technology. Specializing in blockchain (DApps, DeFi, cryptocurrency exchanges, NFT marketplaces), cryptocurrency, data analytics, AI, machine learning, IoT, and supply chain solutions, Vegavid serves diverse industries globally. Their dedicated R&D team focuses on developing cutting-edge blockchain and ML/AI technologies.

Key Offerings

Blockchain solutions (DApps, DeFi, NFT marketplaces)

Cryptocurrency development

Data Analytics

AI and machine learning

IoT and supply chain solutions

4. KrypC: Pioneering Blockchain Solutions

Founded in 2016, KrypC specializes in advanced blockchain development. With extensive expertise in cryptography and security as a founding partner of a major PKI company, KrypC offers innovative solutions that eliminate market friction and empower organizations to harness the future of blockchain computing.

Key Offerings

Business-ready blockchain computing on a protocol-agnostic platform

Creating instant economic benefits for firms and end-users

Operating a product-based, non-linear, industry-agnostic business model

5. Tokyo Techie: Leading Blockchain Development

Founded in 2017, Tokyo Techie is India's top blockchain development company. They offer a wide range of services, including.

Blockchain development

Cryptocurrency development

Initial Coin Offering (ICO) services

Bitcoin wallet creation

Cryptocurrency trading platform development

Web development

Digital advertising services

Mobile application development

6. Osiz Technologies Pvt Ltd: Leading Software Solutions Provider

Osiz Technologies Pvt. is one of the leading providers of blockchain and cryptocurrency development services. They have been helping global clients in launching their blockchain technology-based solutions.

Key offerings

Blockchain Development

Cryptocurrency Development

DeFi Development

DApp Development

NFT Development

Metaverse Development

Hyperledger Development

ICO/STO/IDO Development

Web3 Development

Mobile App Development

On-Demand App Development

Game Development

Web Design Services

AI Development

7. Deqode- Business challenges, decoded.

Decode, founded in 2012, assists businesses in overcoming complex challenges through advanced technologies. Specializing in blockchain solutions, they utilize industry expertise to improve processes and drive corporate growth.

Key offerings

Blockchain Application Development

ICO Development Services

Smart Contract Development Services & Audit

IEO Development and Launch Services

8. Technoloader Pvt Ltd

Technoloader is a top cryptocurrency and blockchain development firm known for its prompt and professional service in various IT fields. With over 6 years of expertise, they deliver innovative solutions using modern technologies, including supply chain development, cryptocurrency exchange development, crypto wallet development, and more.

Key Offerings

Web3.0 development

DeFi2.0 development

dApps development

Real estate tokenization

NFTs and NFT marketplace development

AR, VR, and MR Reality Solutions

Live cricket score app development

9. Antier Solutions- Decentralizing the World

Antier Solutions Pvt. Ltd. is a blockchain development firm providing services such as cryptocurrency exchange and wallet development, P2P lending platform development, ICO/STO/IDO, coin development, crypto banking solutions, DeFi development, NFT development, and more. Their cross-functional team assists clients at every stage of blockchain adoption, from design thinking-driven assessment to pilot development and implementation of solutions.

Key offerings

Blockchain

Blockchain Frameworks

Layer 1 & Layer 2 Solutions

Enterprise Blockchain

Smart Contract

Tokenization

10. CryptoSoftwares

CryptoSoftwares offers top-notch blockchain application development services with a team of highly experienced developers specializing in Ethereum, cryptocurrency, Hyperledger, Bitcoin exchange platforms, Initial Coin Offerings (ICOs), and more. Their technologists collaborate with businesses to maximize the benefits of their blockchain development services.

Conclusion

Finding the right Blockchain partner is challenging, but this guide will help you choose wisely. The ongoing Blockchain revolution is evident, with top companies experiencing significant growth worldwide. 

If you want to scale your business with next-gen Blockchain solutions, connect with OnGraph, a leading blockchain app development company with 250+ Blockchain experts offering next-level blockchain development services. 

[netsetsoftware01]

Acquire Hyperledger professionals with NetSet Software

A reputed firm like NetSet Software offers to provide Hyperledger Professionals with major expertise in creating permissioned private blockchain for organizations and businesses. For more information, you can visit us at www.netsetsoftware.com and mail us at sales@netsetsoftware.com or call us at +1 607 499 4289. 

[blockchain-23]

Hire the Best Enterprise Blockchain Development Company In USA | Chain code Consulting

Chaincode is a full service enterprise blockchain development company We offer end to end enterprise blockchain solutions including smart contract development, DAPPS development, and hyperledger development

Chaincode provide blockchain consulting services to help you select blockchain platform, type of blockchain and guide you through blockchain development.

Get your project started today!

[saratechnologiesinc]

Best Blockchain Software Development Company | Services | Hire Blockchain Software Developer - STI

Sara Technologies Inc. leading Blockchain Software Development Company has extensive experience in building blockchain applications, digital tokens and is involved in cryptocurrency development with Hyperledger, Ethereum, etc. Secure your transaction and change the way in which your business works with the help of Sara Technologies Blockchain software development services. Get assistance!

Best Blockchain Software Development Company | Services | Hire Blockchain Software Developer - STI

For More Details:- Contact Us: Sara Technologies Inc. Website: https://www.saratechnologies.com/ Mob: (+1)858-848-1784 Email: info@saratechnologies.com Address: 16870 W. Bernardo Drive, Suite 250, San Diego, California, USA

[screechingobservationvoid-blog]

Are you searching for a blockchain company in the USA?

The Blockchain technology is set to have a profound impact on various industries, from the capital market to the music business. While some use cases may seem obvious, the technology is still surrounded by fair hype and uncertainty. As a manager, how should you approach the subject, and when should you put your where is your mouth money and actively aiming to implement blockchain technology?

 Blockchain development company is the talk of the city and integrating technology into your business can be profitable. However, companies must consider their choices wisely. This technology can drastically help reduce costs, increase revenue, and eliminate the need for intermediaries. But because it is still relatively new and untested, the benefits of blockchain come at the expense of transaction speed.

 Blockchain technology will soon reach areas outside of digital currency movements and begin to influence everything from real estate to entertainment when startups integrate more and more blockchain into their business models. Even the democratic process and the way the country is governed will be influenced by the impending wave of blockchain. Voter fraud and election hacking are problems that have been discussed in recent years. Blockchain supporters emphasize that the public ledger voting system can provide a system that cannot be diverted to the government while also counting votes more quickly.

 Buzzing technology is not just a trend for a moment without reason. Businesses are starting to adopt more blockchain systems because they make transactions faster, cheaper, and more efficient. In addition, with every transaction seen by users around the world, transparency between business and consumers will rise to an unprecedented level. Not only is the aid of a decentralized transparent ledger to prevent corporate corruption and fraud, it can also help in fighting hacking. Hackers will be left without a large database of sensitive information to target. Violations and theft of a large number of social security numbers, passwords, or credit card numbers as seen in the past with companies such as Equifax or Yahoo will be a thing of the past, and consumers and businesses can make transactions with real security.

 The first blockchain is a real technology available today. Currently, the blockchain is tested with proof of concept (POC) in many sectors and regions of the world. Also keep in mind that this technology is still in its infancy. Several blockchain providers, such as IBM and R3, have released version 1 of their solutions in 2017. All of this is therefore quite new and emerging before our eyes.

 Indeed, the blockchain has become an overused term and is covered daily in multiple media. That's not to say it's just a buzzword, because the investment numbers speak for themselves.

Fusion Informatics is the best blockchain company in the Chicago, for the latest and developing technology development, blockchain product development, cryptocurrency development, wallet development and much more. Informatika Fusion has a team of experienced and talented developers, and a team of talented blockchain experts.

 This is developing the best and new blockchain development company. Informatics informatics is a Blockchain development company that is known for providing world-class IT services for entrepreneurs to meet the growing demand for innovative and up-to-date technology. They have developed sophisticated blockchain architecture on the market. And they also provide solutions about developing blockchain and developing cryptocurrency.

As they move forward with blockchain technology, they realize that there are unlimited applications from decentralized and distributed internet. In fact, this is closer to how the internet should be in its conception. And also fusion informatics provides the best services and solutions. And they have the best and dedicated development team.

 Fusion Informatics Provides, Blockchain Development Services like

• Blockchain development

• Smart contract

• Development of decentralized applications

• Wallet development

• Development of Cryptocurrency

• Banking and finance

• Supply chain

• Development of Hyperledger

 Why Choose Fusion Informatics?

Fusion Informatics is an experienced development company and knows what is beneficial for you. With so many technologies that appear on the market, it will be a little difficult for you to decide what's best. But don't worry! They choose and make better for you.

 For more services

 Hire Blockchain App Developers in Chicago

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 Top blockchain app development company in Texas

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[darkbears1]

Hire Blockchain Application Development Company

DarkBears is the best blockchain application development company in the USA that offers complete blockchain technology solutions including Cryptocurrency Wallet, Hyperledger, Bitcoin apps & private blockchain development services. Hire blockchain application developers today

[altafuturis]

Best Blockchain Development Company in Los Angeles

Alta Futuris is the best blockchain development company in Los Angeles, USA, that offer cutting-edge developments in distributed ledger technologies including blockchain, exchanges, wallets, smart contracts, Hyperledger, smart contract auditing, and much more to maximize their benefits. As one of the top Blockchain development companies in the USA, we stand out for its innovative approach to deliver the best of experiences to its customers and add value to your organization by every possible need. Hire our Blockchain application developers and understand the assorted range of Blockchainservices that our team can offer to increase your business productivity to an unprecedented scale.

http://www.altafuturis.com/blockchain-development-company-los-angeles.html 

[click2watch]

Boston Fed Announces Plans To Design a Blockchain ‘Supervisory Node’

The Federal Reserve of Boston is starting a new blockchain experiment this summer.

The Massachusetts state regulator has been one of the earliest and most involved government bodies to dip their toe into the new technology. It has been quietly developing blockchain systems since 2016 but has said very little about their plans.

Now the first results of those trials are out and the Boston Fed published a white paper on its proof-of-concepts on ethereum and Hyperledger Fabric. Now it’s getting ready for the next stage, Boston Fed’s vice president of IT Paul Brassil told CoinDesk.

The team is going to look into possible opportunities to set up a “supervisory node,” a regulatory surveillance tool that should be able to connect to various banking blockchains in the future. This node will watch the money flows and settlements between different banks, Boston Fed’s senior vice president Jim Cunha said.

“If you look at the future, there might be one blockchain that is holding securities, one that is holding derivatives, one is holding cash or interbank transfer — how do you as a supervisor watch the traffic on all these platforms that also will be on different technology?”

Cunha adds, that Boston Fed is not looking at these explorations from a policy standpoint and that is expects to work with the central Federal Reserve on these rules. But in the meantime monetary authorities have to keep apace with the technology development.

“We are surrounded by very large financial institutions and banks and we know that all of them are experimenting with the blockchain technology. So the more we can work with them and understand their roadmap, the more we know that we’re moving in a right direction,” Brassil said.

First, the Boston Fed plans to set the agenda and determine the main direction of this experiment and the work on this ideological part will start as early as this summer. Cunha said there are no plans yet for the publicly releasing the project.

“Right now there is very little research on it, so our next goal is to look into what an audit node look like,” Cunha said. “What kind of data we should have access to, how to interact, how to update nodes, can you create operational problems with it? What kind of coding you will need to do to store the information about the movement of funds, so you can do analysis of the flows. We are really starting from scratch.”

In the future, it could be possible that we will see multiple blockchains by various banking institutions, Brassil said, so the Fed’s supervisory node should have a technical capacity “broad enough to cover all the platforms.”

“Startup in the basement mentality”

Boston Fed started blockchain technology trials back in 2016 by experimenting with ethereum. At that time, there were no specialized blockchain developers on staff, so the team of coders educated themselves watching relevant videos on YouTube. Cunha and Brassil called it their “startup in the basement.”

During that period, developers tried to put depository institution balances under the Boston Fed supervision on a blockchain and create mock transactions — a kind of a blockchain-powered back office model. They conducted the testing first on the ethereum blockchain and then on Hyperledger Fabric. In the end, the latter was considered a more suitable option.

Why did they pick Fabric? first of all, a permissioned blockchain is preferable for a government entity. Among other challenges, the necessity to maintain a supply of ether to pay gas in transactions complicated the task and they were also worried about speed limitations.

“The time necessary to create a block was slower than could be tolerated in a production environment,” the white paper said.

Now, with the project of the blockchain back office on hold and the “supervisory node” experiment in the pipeline, Boston Fed is hiring some professionals to ramp up its blockchain testing, Cunha told CoinDesk.

“We are trying to add stuff to do something more robust internally, we need more dedicated resources,” he said. The new blockchain team will not be large, though, only “a handful” of people.

Boston Fed is also actively talking to other monetary authority bodies, though Cunha and Brassil won’t name the particular institutions. That said, they are excited to spread the word about the project.

“We have to share information because the whole industry needs to educate itself,” Cunha said.

Image of the Boston Fed office — courtesy of the Boston Fed. 

This news post is collected from CoinDesk

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[legit-scam-review]

Blythe Masters Looks Beyond Finance for Next Wave of Blockchain Growth

To hear Blythe Masters tell it, the time has come for Digital Asset (DA) to spread its wings and fly.

The distributed ledger technology (DLT) company she founded in 2014 is entering a new phase, heralded by, among other things, a partnership with Google Cloud to simplify and proliferate the tech.

To date, DA’s strategy has stood out among the big enterprise blockchain players for its laser-like focus. Instead of spending a lot of time on consortiums, proofs-of-concept and the like, the New York-based company concentrated on landing the one big fish.

It achieved that goal late last year when the Australian Securities Exchange (ASX) officially hired DA to replace its creaky Clearing House Electronic Subregister System (CHESS), a multi-year project that’s currently underway.

Now, having earned the rare distinction of a bona fide production customer, Masters’ startup wants to foster an ecosystem around its Digital Asset Modeling Language (DAML), which is about to become available with a software development kit (SDK) via Google Cloud.

“Having spent three and a half years in the design-and-build phase, this is the ‘open up and educate’ phase and [the time to] build a community of channel partners and developers,” Masters told CoinDesk.

This, in turn, will open a vast range of opportunities for DA, she said – both within the financial services industry where Masters spent most of her career and outside it.

“The application of this technology is by no means limited to the world’s biggest market infrastructures,” the former JPMorgan Chase executive said, adding:

“It goes well throughout financial services, well beyond capital markets and beyond financial services into all the other industries that have a vested interest in improving the efficiency of their workflow orchestration.”

According to Masters, there is “a lot of pent-up demand” for DA’s technology which the cloud-based DAML SDK can start to meet and a “potential addressable market that is almost unmeasurable.”

To give a sense of the breadth of this market, Masters rattled off a litany of new pastures for DA, including: healthcare and insurance claims; digital media rights; royalty streams; real estate; lending and collateral management within capital markets, derivatives post-trade, securities post-trade, reference data, supply chain, crypto wallet custody of assets and more.

However, Masters was careful to qualify this, acknowledging the fatigue felt in many corners following the blockchain hype of a few years ago.

“I think there was some fair criticism that blockchain was a technology solution looking for a problem to solve,” she said. “But our approach has very much been to work with customers to identify the problem first and sometimes not to recommend a DLT solution.”

‘Web-paced innovation’

The DA team recently returned from San Francisco, where Masters and Shaul Kfir, DA’s CTO, gave a talk on DLT partnerships at the Google Cloud Next conference.

The primary aim of the Google Cloud partnership is to make it easier for developers to deploy DA’s tech, which Masters describes as “a mission to unleash web-paced innovation across multiple industries.”

This means abstracting away the underlying complexity of the cryptography, the data architecture, the blockchain or DLT state engine, said Masters.

The Google Cloud-DA partnership appears to run deep as well as wide. To help drive the DAML platform-as-a-service (PaaS) program, DA has also welcomed former Google engineering executive AG Gangadhar to its board.

And adding to the symbiosis, Google Cloud has joined DA’s developer program private beta, giving Google Cloud developers access to DAML.

“The DLT space has garnered extraordinary enthusiasm and Google’s developers and its customers are no less curious and motivated in this space than any others,” said Masters.

It’s now clear Google is getting serious about blockchain following candid comments last month from co-founder Sergey Brin that the search giant was playing catch up with the blockchain trend.

Google would not comment on the partnership or DLT generally, but an insider close to the DA-Google Cloud partnership confirmed to CoinDesk, “All of Google has access to the DAML SDK, and this includes Alphabet,” Google’s holding company, which has portfolio companies in a wide range of industries.

But not every influential figure in Mountain View is a blockchain convert. CoinDesk asked Google’s chief internet evangelist, Vint Cerf, if he thought tokens could perhaps be used to incentivize users and align them with the goals of tech platforms.

Cerf, who was not commenting on the DA partnership but on cryptocurrency generally, replied in a curt email: “Not clear yet. It could just turn into a speculation like tulip bulbs and bitcoin.”

Still, Masters said DA and Google share a common approach to solving engineering problems and “a focus on empowerment of enterprise customers, particularly in the workflow orchestration space that we have in common. So that is where the enthusiasm is coming from.”

Maverick Masters

To be sure, DA is far from alone among enterprise blockchain vendors in trying to expanding its ecosystem.

For instance, IBM and Hyperledger are hard at work exploring what they can do with partnerships. Meanwhile, a recent announcement from banking blockchain consortium R3 talked up the potential for its Corda platform to be interoperable across a wide range of industries.

There has also been an increase in blockchain-as-a-service announcements of late. BlockApps Strato has also been welcomed onto Google Cloud, while Amazon Cloud Services (AWS) recently cemented a partnership with ethereum design studio Consensys in the form of the Kaleido project.

But Masters pointed out that DA has always charted its own course, adding that the company’s strategy remains unchanged.

“It’s where we always intended to focus,” she said, referring to the new priority on building a developer ecosystem. “We just didn’t approach it via the same avenue necessarily as everyone else.”

Aside from ASX, other customers DA has publicly disclosed it is working with are the U.S. clearing and settlement giant DTCC and Dutch megabank ABN Amro.

Another thing enterprise blockchain watchers seem to be interested in is a possible amalgamation between private or permissioned DLTs and public chains, with their fluidity of tokenized assets.  

Asked for her opinion on the nascent token economy and where it might bleed into the enterprise world, Masters said she is “not ruling out tokens by any means.”

She agreed there is lots of good research and development work being done on this, but said the institutional use of enterprise tokens requires enterprise-grade command-and-control infrastructure.

“It won’t be until the kind of controls you routinely expect around transactions and post-trade processing of a stock or bond today can also be produced for the transaction of a tokenized instrument – whether it’s a stock or a bond or a cryptocurrency – that we will see widespread enterprise adoption of tokenized instruments that rely on public chain technologies.”

Ever the hard-headed businessperson, Masters would not be drawn on the merits or otherwise of one DLT architecture versus another, but answered categorically all the same when she said:

“What I believe in is our technology. I don’t mix philosophy or religion with technology. I believe in solving business problems using tech in a cost-effective and safe manner.”

Blythe Masters mage via CoinDesk archives 

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Headline News from PaymentsNews.com - July 12, 2017 http://ift.tt/2tdDnuu

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide!

ON THE WEB

PayPal Now Available on App Store, Apple Music, iTunes & More - PayPal blog - "Starting today in Canada and Mexico, and rolling out in other countries including the US soon after, PayPal customers will be able to pay for App Store, Apple Music, iTunes and iBooks purchases across iPhone, iPad and iPod Touch devices using their PayPal account. This provides a secure and versatile payment method to meet the growing demand for digital entertainment. PayPal’s availability across Apple’s services further expands our vision of providing customers a variety of ways to easily make mobile purchases, such as asking Siri to make a payment using the PayPal app."

Google Gearing Up To Enter Mobile Payments In India By Integrating Android Pay With UPI - Inc42 - "The mobile payments space in India will see a host of new players this year, with Google being one of them. As per National Payments Corporation of India (NPCI) Managing Director and Chief Executive A.P. Hota, Google is in advanced talks with NPCI to integrate its digital payment service, Android Pay, with UPI. The company has completed discussions with NPCI, which has, in turn, requested the Reserve Bank of India to consider the firm’s application."

PayPal makes it easier for its merchants to sell products globally - TechCrunch - "According to PayPal Director of Global Initiatives Melissa O’Malley, it will take about a week for WebInterpret to create localized versions of most online stores. Once that’s done, international customers will be able to search, shop and pay for items in their own local language and currency. Having a localized version also boosts the SEO of their stores in different regions around the world."

Santander partners with supply chain finance startup Tradeshift - Reuters - "Banco Santander has partnered with San Francisco-based startup Tradeshift to provide supply chain finance to the 1.5 million businesses on the financial technology company's digital platform. The partnership will also enable Santander, the euro zone's largest bank, to better deliver supply chain finance digitally to its existing clients, the companies said on Tuesday."

What Blockchain Advocates Can Learn From the Internet’s Evolution - Wall Street Journal CIO Journal - "The internet and web brought a badly needed culture of collaboration and standards to the IT industry. Likewise for blockchain to succeed, it will similarly require the stewardship of international organizations to oversee its evolution."

ON THE WIRES

GSMA: Sub-Saharan Africa Driving Global Market for Mobile Money - "Sub-Saharan Africa accounts for more than half of all mobile money deployments worldwide and is pioneering a range of new mobile money use cases, according to new GSMA data. The latest ‘State of Mobile Money in Sub-Saharan Africa’ presentation, made available by the GSMA in Tanzania this week, reveals that the number of live mobile money schemes in the region had reached 140 across 39 countries at the end of last year, accounting for more than half of the 277 mobile money deployments worldwide."

The Future of Payments: Viewpost Survey Reveals 80 Percent of Americans Support ‘Futuristic’ Payment Technologies and Currencies - "Viewpost, the secure B2B network for invoicing, payments and cash management, today announced results from its recent survey of American consumers covering the future of payments and key issues around awareness of payment technologies, as well as perceptions about what will be the most popular and useful tools for paying and getting paid in the future. The company surveyed a cross-section of 1,000 U.S.-based consumers, finding that overall, 80 percent of Americans are in support of “futuristic” payments technologies and currencies, including tools like sensor fingerprinting, facial recognition, retinal scanning and voice control, as well as currencies like bitcoin."

Hyperledger Announces Production-Ready Hyperledger Fabric 1.0 - "Hyperledger, a collaborative cross-industry effort created to advance blockchain technology, announced today the general availability of Hyperledger Fabric 1.0. Hosted by The Linux Foundation, Hyperledger Fabric is a blockchain framework implementation and intended as a foundation for developing blockchain applications, products or solutions."

Nok Nok Labs Raises $8M in Series D Funding Led by Motorola Solutions - "Nok Nok Labs will use this latest round of funding to accelerate the deployment of its strong authentication solution across the private and public markets including government, public safety and first responder agencies. Additionally, NNL will expand its channel infrastructure supporting channel partners in satisfying the growing demand for its authentication solutions."

USA Technologies, Inc. Files Form S-1 Registration Statement for Proposed Public Offering - "USA Technologies, Inc. (NASDAQ:USAT) ("USAT"), a premier payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, today filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed underwritten public offering of its common stock consisting of approximately $34.5 million of shares to be sold by USAT. In addition, USAT expects to grant the underwriters a 30-day option to purchase up to an additional approximately $5.2 million in shares of common stock from the Company. "

GLENBROOK PAYMENTS EDUCATION EVENTS

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

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