ada in web development

Canada’s government is using the blockchain!

By - February 17, 2018

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hyperleger blockchain IBM developers

Most people have heard about the various crypto currencies like Bitcoin, Ethereum, or even those script kiddies know of the shady coins or “joke coins” like Dogecoin.

There is a lot of value in the blockchain. A lot early adopters quickly forked their off of blockchains like LTE Coin, and then created their own ICO. We have the ability to create ICOs, but we foresee the issues with the SEC becoming a problem, which will probably change this industry.

Today we focus on the enterprise applications of blockchain. There are current groups working with governments like up in British Columbia that allows companies to track company records. There are other reports that other business jurisdictions like Delaware will be integrating blockchain solutions. The integration of blockchain can help a lot of industries.

Some great applications for blockchain are:

  • Banking Transactions
  • Digital Document Management
  • Asset Management
  • Digital Payments
  • Identity and Data Security
  • Supply Chain Management
  • Data Tracking and Ownership
  • Fraud Prevention
  • Customs Declaration
  • Client Medical Records
  • Micro Payments
  • Prescription Management
  • Seed-to-Sale for Cannabis
  • Real Estate Titles

We have been working with IBM on their Hyperledger project. Our developers have actually contributed to IBMs Hyperledger open source project. There are several IBM Hyperledger products out there like Sawtooth, Fabric, Indy, Composer, and more in the works. IBM is focused on offering “Blockchain as a Service” which allows enterprise clients to integrate a professional high level blockchain into their business process.

If you think you have application for blockchain, let us know! We have some amazing developers, and we have already worked on multiple projects where we have integrated blockchain.

We may be releasing an open source project around the blockchain. We have also built the website indiasbitcoin.com which is focused on the upcoming crypto market in India.

 


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