Blockchain is a digital public ledger that is decentralized and open source. It can be used without third parties to safely record transactions across a network. Blockchain technology is used as a database for computing, storage and cryptocurrency transactions, aiming to provide both security and speed. Blockchain development is a growth industry in India, where developers are at work on national and private projects. Here are the ones to know.
Blockchain Companies in Hyderabad
- ShyftLabs
- StaTwig
- Damco Solutions
- Cigniti Technologies
- TATA Consultancy Services
Blockchain Companies in Hyderabad to Know
ShyftLabs builds data products that use blockchain, AI and data analytics to create digital prototypes, products and platforms. Its existing products include a platform for healthcare providers to detect drug-seeking behavior in patients, a program to remove terminated employees from hospital IT systems and an initiative that tracks unauthorized access to patient charts in healthcare contexts. These sensitive processes benefit from the security and anonymity of blockchain.
StaTwig is a blockchain supply chain company that works with every step of digital and physical supply chains to offer secure and efficient movement of digital products. Its products include VaccineLedger, FoodLedger, CargoLedger, UnifyAid, ReCollect and BabyBoo, a diverse portfolio that expands the possible applications of blockchain technology. BabyBoo, for example, is a digital vaccine card that records the date, dose and batch details of children’s vaccinations, storing all the associated data in a decentralized digital ledger.
Damco Solutions is a blockchain firm that develops crypto coins and digital currencies. Its team of specially trained blockchain developers has experience in exchange software development, token sales platforms, cryptocurrency wallets and decentralized exchange processes. It serves the insurance, finance, healthcare and supply chain industries.
Cigniti Technologies offers software testing and analysis, using AI to precisely deliver quality engineering, digital assurance and next-generation testing services. Its processes, as well as the products it custom-builds for clients, utilize blockchain to provide a secure and decentralized method of collecting crucial operational data from digital products.
TATA Consultancy Services is a global technology and consulting firm that offers IT and business process expertise. Its work with blockchain extends its integrated blockchain technology product to financial firms to explore the potential of bringing blockchain into their operations. TATA works with clients to articulate blockchain strategies and roadmaps — and to use blockchain architectures as part of the business’s processes.
