Custom blockchain development
With the initial craze out of the way, we can get to the real applications behind blockchain technology.
Considerations
There are many factors to consider before applying blockchain technology to your business. Below is a flowchart known as the Suichies model to help you assess the need.
Blockchain applications
Asset management
Blockchain technology has the power to transform the asset management industry. It provides an incredibly secure way to store and access data with immutable record tracking through a decentralized database.
Supply chain management
Provide traceability and transparency in the process of a product or supply chain. Gain the ability to verify and track the flow of goods from the origin of raw materials, to the flow and geo-movement of its distribution.
Event tracking
Keep an immutable record of events that occur like medical prescriptions/procedures, ticket purchases, or other significant transactions. This allows for greater control and transparency of transactions for audits and compliance purposes.
Luxxfolio: a case study
Luxxfolio is an asset management platform where users can keep a portfolio of their luxury goods. Their assets are recorded and stored on a ledger using blockchain technology. We built the iOS and Android app users can use to manage their luxury products.
Visit Luxxfolio:
https://luxxfolio.com
Blockchain technologies we work with
The records may be immutable, but the technology itself isn’t infallible. Have a chat with us and see if Blockchain technology is suitable for your business.