#PrivateBlockchainDevelopment

[xceltectechnology]

The Ultimate Guide to Blockchain for Beginners

Blockchain technology is no longer designed as a buzzword—it’s becoming a significant business tool across the globe. Whether it’s securing transactions, enhancing transparency, or creating new types of applications, blockchain provides actual solutions for contemporary challenges.

What is blockchain?

In simple terms, blockchain is a digital ledger that keeps records across a network of computers. Rather than a single individual or company maintaining control of it, some individuals store copies. It is difficult to cheat or alter the information without everyone else knowing. It’s secure, clear, and designed for trust.

Why Blockchain Matters Today:

Security: Your data is secured with state-of-the-art encryption.

Transparency: All transactions are open to view and verifiable.

Efficiency: Automates processes such as contracts, saving time and minimizing errors.

Trust: Middlemen are no longer required—blockchain creates direct trust among users.

How Businesses Use Blockchain:

Smart Contracts: Self-executing agreements that cut down on paperwork and delays.

Supply Chain Management: Track every step of a product’s journey to improve quality and trust.

Finance and Payments: Faster, cheaper, and safer transactions across borders.

Healthcare: Protect patient records while sharing only necessary information.

Real Estate: Secure and speed up property transactions.

Getting Started with Blockchain

You don’t need to be a technology wizard to begin working with blockchain. The trick lies in having the right technology partner who can walk you through leveraging blockchain for your business requirements.

How XcelTec Helps You

At XcelTec, we make blockchain simple and accessible. We work with businesses of all sizes to design secure, efficient, and custom blockchain solutions. Whether you want to build a decentralized app, create smart contracts, or simply explore how blockchain can benefit you, we are here to help.

Our blockchain development services include

Smart Contract Development

dApp (Decentralized App) Development

Private and Public Blockchain Solutions

Blockchain Consulting Services

We believe in providing practical, real-world blockchain solutions that make a difference. No complicated jargon, just clear, honest advice and powerful technology.

Conclusion

Blockchain is transforming the future of business by securing transactions, making systems more transparent, and making operations more efficient. It’s not only for technology companies; businesses such as healthcare, real estate, finance, and logistics already reap its benefits.

If you are ready to explore blockchain for your company, teaming up with a reliable partner like XcelTec can be the making of it. Let’s create a safer, smarter, and brighter future!

Contact us on: +91 987 979 9459 | +1-(980) 428-9909 Email us at: sales@xceltec.com Visit: https://www.xceltec.com/services/blockchain-technology/

[techugoappdevelopment]

Hiring Software Developers: Comprehensive Cost Breakdown for 2024

Discover the key aspects of private blockchain development, including cost factors, essential steps, and expert strategies. This guide provides a detailed breakdown for businesses planning to build secure, decentralized solutions in 2024, ensuring innovation, scalability, and success in blockchain technology implementation. Perfect for enterprises seeking cutting-edge solutions.

[techugocanada]

A Comprehensive Guide to Private Blockchain Development in 2025

Explore the future of private blockchain development with our comprehensive guide for 2025. Learn how private blockchains enhance security, scalability, and control for businesses. From use cases to implementation strategies, discover the latest trends and technologies shaping private blockchain development, and unlock the potential to transform industries with tailored, secure, and efficient blockchain solutions.

[blockchain11]

Revolutionize the digital world with cutting-edge solutions from #BlockchainAppsDeveloper. From decentralized apps to secure smart contracts, we're your go-to development partner. Our expert team crafts custom solutions for your business needs. Let's create the future together.

Explore--> https://bit.ly/3KZY4oo

[oodlestech]

White Rabbit is a video streaming project which is envisaged as a browser plug-in and developed by a team of software engineers and film producers.It allows users to look for any legal content they want online like movies and Tv series which they can save it in the user library called the Rabbit Hole. The group working on this video streaming project professed that the objective of the project is to make “next generation streaming” environment which will give profits to both film producers and Viewers. Mainly, you can make payment to the movies and programs or series’ copyright straight away thus putting many intermediaries aside.

This is blockchain-powered video streaming project for enjoying online entertainment like movies or TV series. White Rabbit has announced the launch of so-called Partner Streaming Sites (PSS) program in its official blog post. This project summons all types of video streaming services to get involved in its development. This blockchain drive project enables peer to Peer communication between copyright holders and customers. As specified before it gives you the facility to pay for watching content online. It makes the tedious work convenient to do.

Its blog post gives the information that the streaming project is prepared to invest nearly $100,000 of its token sale to every service and website which intends to become a part of its environment. It has planned to invest overall $ 1 million out of its token sale proceedings to onboard websites and services. In Addition to it, the streaming project’s blog also gives the rough idea about the usual prerequisites of the partners in the future. The future partners are required to be “most innovative, brand cognizant and fond of streaming websites of tv series and movies or all set to launch.

You may also like: How Blockchain Technology Can Benefit Enterprise Resource Planning

If any team or project is ready to team up with the White Rabbit project, it will receive up to $100,000 from the amounts generated out of its token sale, along with 10 percent of all proceedings upon the service’s launch also going to the Partner Streaming Sites program. So, all those who are keen to unite can get in touch with the team via email.

The presale campaign of White Rabbit is about to roll out in the main quarter of 2018 trying to raise funds up to 25,000 ETH as a hard top.

Also, the additional developments are likely to be launched later.

Read more info at — https://www.oodlestechnologies.com/blogs

[blockchainoodles]

How Private Blockchain Solutions Reinforce Your Business Processes

Blockchain is the technology that underpins Bitcoin and Ethereum. It’s the technology that brings the idea of decentralization to the fore. Seen by many experts as means to remove intermediaries from transactions, it’s believed to reshape entirely the way the finance sector operates.

However, it isn’t restricted to enhancing the finance system (Banking). Blockchain can be of immense value for large corporations as well as SMEs. Though, in a bit different way.

In fact, corporate giants like Microsoft and JP Morgan already have invested their multi-million dollar hats into the private blockchain development.

Today, we’ll be discussing private blockchains and, when properly executed, how they can elevate business operations and prove to be cost-effective for companies in various sectors.

What Types of Blockchains are There?

Currently, existing blockchains fall into the following three categories:

Public

Consortium

Private

These networks’ key distinctions depend on mainly two factors; who is governing them and how.

PUBLIC BLOCKCHAINS

A public blockchain refers to a blockchain that anyone can read, send transactions, and expect to see them included after the verification. In a public blockchain, anyone can participate in the consensus process- it’s the process that determines what blocks should be added to the chain.

Cryptoeconomics is the technology that makes Public blockchains secure. Cryptoeconomics is the combination of cryptographic verification and economic incentives that uses the mechanisms such as Proof-of-Stake (PoS) (Ethereum) and Proof-of-Work (PoW) (Bitcoin). Public blockchain can be considered as “fully decentralized.”

One problem with these type of blockchain is that they require a substantial amount of power to manage a distributed ledger at a large scale.

Consortium Blockchains

In a consortium blockchain, a pre-selected group — for instance, a group of corporations- controls the consensus process. The permission to access the blockchain and submit transactions to it may depend on; whether its public or restricted to participants. Known as the “permissioned blockchains, “Consortium blockchains are most suitable for use in business.

Private Blockchains

Controlled by a single entity, group or organization, Private blockchains determine who can submit transactions, read it, and take part in the consensus process. As they are 100% centralized, private blockchains can be used as sandbox environments. However, should not be used for actual production.

Benefits

That Corporations Can Get From Using Private BlockchainsPrivate blockchains are resilient.

Private blockchains have no single point of failure as they’re distributed databases. The node of a private blockchain doesn’t depend on a single central machine running it. Thus, there are fairly negligible chances of a system shut down due to some unforeseen error.

Private blockchains are “Participants only”

As mentioned earlier, there’s no way to impose restrictions on who can transact on public blockchains because of their explicit design that lets everyone in. Moreover, numerous nodes at distinct places that are all far apart, substantially hamper the network’s agility. While private blockchains consist of a limited number of participants. Therefore, their capacity is much greater when compared to public networks.

Secure.

They are extremely secure as the miners or validators can’t be anonymous on private blockchains. An organization(s) pre-selects the participants and, thus, are highly trusted. Then, the chances of someone acting maliciously on a company’s network are very less. Also, hack or virus attack is out of the question, which public blockchains fear the most.

Regulations.

It’s not possible that you haven’t heard that Bitcoin was being used for criminal purposes. It was used by crooks to launder money, buying guns and all of that was possible because of no regulations. Well, this isn’t the case with private blockchains. They can be developed along with being compliant with AML (Anti-Money Laundering), KYC (Know Your Customer) and HIPPA (Health Insurance Portability and Accountability Act) laws.

[xceltectechnology]

The Ultimate Guide to Blockchain for Beginners

Discover how blockchain technology can help your business stay secure, transparent, and ready for the future. XcelTec delivers custom blockchain development services to help companies build secure, decentralized applications. Whether new to blockchain or looking to scale, XcelTec can guide you with the right solutions tailored to your needs.

For more information, visit: https://www.xceltec.com/services/blockchain-technology/

[blockchain11]

Revolutionize the digital world with cutting-edge solutions from #BlockchainAppsDeveloper. From decentralized apps to secure smart contracts, we're your go-to development partner. Our expert team crafts custom solutions for your business needs. Let's create the future together.

Explore--> https://bit.ly/3KZY4oo

[oodlestech]

The Telecom Regulatory Authority of India (TRAI) has recently drafted new norms to counter the widespread Telemarketing Spam, proposing the idea of using Blockchain Technology to curb the use of Pesky calls and messages. TRAI is planning to use Blockchain to prevent the users from unsolicited telemarketing communications to make sure that the telemarketing calls and messages are sent only by the authorized entities.

TRAI claims that the use of a distributed ledger technology like Blockchain will help the regulators to effectively track ‘pesky’ telemarketing spammers who are using unregistered phone numbers to evade tracking.

TRAI chairman, R.S Sharma states that the use of Blockchain will ensure two things. I.e Confidentiality and non-repudiation. With the advent of Blockchain, only the authorized entities will be able to access subscriber details and that too, when they need to deliver any service. If at any point, a subscriber feels that the service provider is misusing their authority, he can revoke his consent any time through the TRAI app. Sharma explains that TRAI will possibly be the first organization to implement Blockchain as a RegTech (Regulatory Technology) and that too, on such a large scale.

Also read Blockchain Technology To Revamp Email Messaging.

Once it goes mainstream, the new ledger technology will create and maintain a digital record of all the communications between subscribers and entities. This will further help TRAI to keep a track of all the authorised telemarketing agencies and capture customer consent for information.

Statistics reveal that somewhat around 30 billion commercial messages are sent to various subscribers in India every month out of which a majority of messages are either spammy or insignificant to the recipients. To this date, more than 230 million subscribers have opted for the DND (Do Not Disturb) service offered by TRAI to prevent the users against all sorts of disruptions caused by the unwanted calls and messages.

The norms regarding how the blockchain is going to be used are included in the Telecom Commercial Communications Customer Preference Regulations 2018 draft which will be publicized till June 11.

Read more inf at — Blockchain Applications Development