Blockchain Services - The blockchain division of Centadesk is made up of a diverse and vibrant team of experts who are leveraging on the power of the blockchain technology to develop and deploy disruptive projects ranging from Fintech to other infrastructural projects.
Blockchain is revolutionizing how people live and conduct business, yet it merely serves as a tool to achieve a goal. We can assist you in using this technology to propel your future transformation.
We begin by comprehending your unique goals before using blockchain innovation in a real-world setting. As opportunities emerge along the road, the discussion expands.
Smart Contracts – A transparent and unchangeable agreement between numerous entities is made possible by smart contracts on the blockchain. These self-executing contracts result in a stable, efficient, and successful company organization structure that is cost-effective and robust.
Dapps – The productivity and security of decentralized apps are improved by utilizing elements of the blockchain and smart contracts. Threats and hacks are less likely to affect decentralized applications.
Blockchain Games - We build gaming applications on the Ethereum blockchain using Unity development engine. The game enables users to exchange resources for real value. IPFS (Inter-Planetary File System) offers a decentralized storage platform for businesses. This enables rapid scaling of data-intensive business processes.
While every blockchain journey is distinct, some may involve the same phases.
The foundational technology of bitcoin is blockchain. A distributed data storage functions as its core. Every member of this network has access to their own data store, which houses every transaction that has ever taken place on the network (this is also known as the distributed ledger).
A cryptographic chain of blocks contains entries. The network of participants must always agree on the most recent block of transactions at each stage. The procedure of majority vote, removing duplicate entries, double expenditure, etc., results in agreement. The agreed-upon blockchain is made irreversible and immutable by this method and the layering of the blocks' cryptographic information. This technology prevents any participant from changing the "history" of events without the support of the majority of the other participants.
A group of extremely intelligent people called Ethereum created the next iteration of cryptocurrencies. Similar to Bitcoin, the Ethereum project uses a sizable single network and utilizes a mineable cryptocurrency (Ether). We are considering implementing private Ethereum (or comparable) networks within organizations or between select, limited groups of organizations.
A smart contract is a piece of code that is installed on a blockchain. Every smart contract has code that is capable of receiving a predetermined set of inputs. Data can be kept in smart contracts as well. Smart contracts under this technology operate on each node in accordance with the distributed model of the blockchain, and each contract's data is saved in each node. Any time can be used to query this data. Aside from making calls to other smart contracts, enforcing permissions, executing workflow rules, and doing computations, smart contracts can also be used to conduct other tasks.
Digital currency known as Bitcoin is created using open source software and is kept electronically. Bitcoin is a decentralized type of money, which means that it is not owned by and not controlled by any sort of authority. Bitcoins are not printed, in contrast to conventional currencies. Instead, this kind of money is created by individuals and organizations all over the world by using sophisticated mathematical equations, which become harder to calculate as more Bitcoins are created.
Bitcoin, a form of uncontrolled digital currency commonly referred to as a "cryptocurrency," was developed with the goal of evading governmental currency regulations and streamlining internet transactions by doing away with middlemen involved in third-party payment processing. A safe method of using the coin for transactions was also required. The transaction ledger for Bitcoin is kept up to date thanks to blockchain technology.
Both you and other users on the Bitcoin network can send money to each other's wallets. You will frequently encounter the use of QR codes when using a mobile device, which greatly simplifies the process of sending bitcoin to another user. Simply scan the QR code and confirm the quantity of BTC you want to transfer.
Despite their name, cryptocurrencies are not real money and cannot be used to replace fiat money because they are not widely accepted as a form of payment and their value fluctuates. What are they in that case? Despite the fact that we think blockchain technology will eventually cause profound, fundamental changes in our society, cryptocurrencies are currently nothing more than vehicles for speculating about potential future demand for the various blockchain protocols.