Blockchain Development Services

Our Custom blockchain development Process 

Previse’s team of experienced professionals is able to provide unique and specialized blockchain development services. Utilizing Agile methods along with tailored blockchain processes, Previse can effectively bring your project to life, tailored to the exact needs of your business. The team includes a range of specialists such as managers, researchers, architects, developers, and quality assurance personnel, who will lead the project through the following stages: 

• Research & planning
  Before developing a blockchain solution, it is important to identify the problems that it is expected to solve. Investigate if investing time and resources into blockchain technology would benefit the business capabilities or not. It is also possible to migrate existing applications to the blockchain network instead of building from scratch. Once the need for a blockchain based solution has been identified, the next step is to choose the right blockchain platform for the project.
   
• The selection of a suitable consensus mechanism.
  The consensus mechanism is an important factor for any new product development process when developing blockchain solutions. There are various consensus protocols that can be used, such as Proof-of-Work, Proof-of-Stake, Delegated Proof-of-Stake, Proof-of-Authority, Proof of Elapsed Time, deposit-based consensus, and Byzantine Fault Tolerant consensus mechanisms. The selection of an optimal consensus mechanism should be based on the needs of the individual use case.
   
• Identify the suitable blockchain platform.
  The selection of a blockchain platform for development depends on the consensus mechanism that is necessary. Popular platforms have been designed to simplify the process of blockchain development. Our developers evaluate which blockchain is best suited to the requirements in order to begin development without creating a blockchain from scratch.
   

• Begin to design the blockchain architecture
  To determine the blockchain architecture that best fits a given use case, consider the options of whether or not to include specific permissions for targeted user groups, and whether to use a private or public blockchain network architecture, or a hybrid consortium, or public permissioned blockchain architecture. With a public permissioned blockchain, participants may only add information with the permission of other registered participants.
   
• Development
  The configuration of the key components of the application must be addressed first. These parameters, such as permissions, block signatures, address formats and key management, must be considered with great care, as they cannot be altered once implemented. Once the core elements have been taken into account, the Application Programming Interface (API) of the blockchain application should be developed. APIs are necessary for auditing, generating key pairs and storing and retrieving data, and the choice of APIs should reflect the objectives of the application. Doing so shall ensure the maximum benefit to all users.
   
• Test and deploy the application.
  At this stage of the development process, focus on the core, essential functions to create an early version of the project. A Minimum Viable Product (MVP) is all that is required to demonstrate the viability of the blockchain model. Testing should aim to identify any potential issues as they arise. Additional features may be added once the application is stable.
   
• Support
  As your organization progresses and matures, your blockchain solution must remain aligned with its requirements. To achieve this, we offer ongoing assistance and enhancements to existing features, and additionally provide new capabilities as required. 

Previse is prepared to offer blockchain application development services in order to deliver dependable blockchain solutions that provide elevated traceability, security, and faster processing of data and transactions.