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Crypto Soft India Blockchain Big Data and Cryptocurrency Development Challenges that Big Data Faces: Several large organizations like Facebook, Amazon, and Google have a vast amount of data around the world that they need to store. These datasets can reach the Petabytes range, but with such huge data sets come their own set of problems. Companies have to make sure that the latest version is synchronized among all of the data centers in real time and that the data is authentic. Companies also have to plan for malicious actors who have access to data centers along with adverse natural calamities. Blockchain Technology can come in handy here as at their core, and Blockchains are just databases with three essential properties: Decentralization, Immutability, and Integrity. Blockchain Solutions for Big Data Challenges: The past few months have seen unprecedented growth in interest to Cryptocurrencies. Naturally then, more and more industry experts are taking note of Blockchain and the benefits that they have to offer. Big Data Development is one of the fastest growing sectors in the world as every business wants to get insights into the usage patterns of their consumers. Big Data refers to massive datasets that are analyzed to reveal underlying patterns using advanced statistical models and data mining. Here’s a look at how these two giant industries can benefit from each other. The most prominent advantage of using Blockchain Technology for organizations like Healthcare providers to secure large data sets is that Blockchains are hack proof. In 2015, Healthcare providers along with prominent insurers lost an estimated 100 million patient records due to several data breaches. If the data were encrypted, time-stamped and appended to a Blockchain like Factom instead, there would not be any unauthorized access. Physicians would be able to get instant access, and patients would get a lot of more control over how their sensitive information is used. Cryptocurrency Development: Cryptocurrency exchange trading software is customized and scalable it is created by the experienced Blockchain engineers by focusing on security, connectivity and seamless environment.They build complete, reliable bitcoin exchange software, which has the features like easy and fast transactions. Along with this the latest technologies enables us to provide solution of developing cryptocurrency marketplace as well. If you are a part cryptocurrency world and you would like to integrate an exchange platform, here is a solution. We will provide you a flawless ready-made cryptocurrency exchange software to start your own coin exchange and the cryptocurrency exchange software are completely white labelled. Our blockchain developers are experienced enough to handle any requirement. Our developers have already developed many Cryptocurrency projects using Blockchain technology. So far, we have provided services for Cryptocurrency coin development, Cryptocurrency exchange development, ICO development and ICO marketing. Hire Cryptocurrency developer from us who are also capable to provide solutions for any secured data records management institution like financial institutions, medical industry, personal identity management institutions and so on, by using blockchain technology. Thanks for reading our content. For more details visit our website; Crypto Soft India https://www.cryptosoftindia.comCryptosoftindia@gmail.com 1/124, DLF IT Park Rd, Ramapuram, Chennai, Tamil Nadu 600116 +91 6385 108 373

Audit Smart Contract Smart contracts guarantee total automation, decentralization, and increased transparency of many online processes. But, there is a need to ensure the security of smart contracts too. Smart Contract is a blockchain-based protocol built to facilitate transactions and enforce agreements, removing the need for a middleman. Just like any other contract, a digital smart contract imposes a set of rules on all the parties involved. Once they agree on the clauses and all the requirements are met, the digital contract executes itself. Why Audit your Smart Contract? Hackers can pull digital currencies too. Ether wallets from the Ethereum network got stolen too. Such hacks create significant implications for the cryptocurrency world. To iron out the kinks, smart contracts need to be audited too. Not all smart contracts are as “smart” as we think they are. Security is a critical issue in the case of smart contracts. Recent hacks of smart contracts escalated the matter. An audit from trustful third party is the most ingenuous way to identify bugs, vulnerabilities and security flaws in smart contracts which might have remained unnoticed at production level and if your smart contract is ready to deploy this will be the last chance to save your project from becoming another victim of crypto hacks because of irreversible nature of smart contracts. How to Audit a Smart Contract: Smart contracts are already being used to facilitate a huge range of agreements that include ICOs, electoral voting, and supply chain management, to name but a few. Given that organizations like the Ethereum Project allow developers low-cost access to their services, literally anyone can now tap into the power of smart contracts. It is for this reason that I regard smart contracts as the most exciting area of blockchain technology implementation. However, this new technology is not without its challenges. One such issue is the need to properly audit smart contracts to ensure that there are no security issues and that all contracts are fully performance optimized. Advantages of Smart Contract Audits: 1) To call methods on the smart contract 2) To optimize the code 3) To run the code efficiently 4) To re-enforce authorization Smart Contracts audit services: 1)Taint Analysis Smart contracts are audited for parts where the chances of external code running improperly is high. 2)Data Validation Input data that is used to demand functions are tested to ensure that smart contracts are safe from attack vectors. 3)Model Checking Smart contracts are tested by a security model to observe whether they perform according to intended functionality. 4)Control Flow Analysis Code implementation is charted out to all possible paths to evaluate different states that can be achieved. 5)Fall Back Mechanisms To do away with probable worst case scenarios, smart contracts are work-shopped along with development teams with associated fall back mechanisms. 6)Audit report A detailed audit report is compiled basis the intensity of the audit conducted. Besides key findings, the report also enlists the security fixes undertaken by the project team. Thanks for reading our content. For more details visit our website; Crypto App Factory cryptoappfactory@gmail.comhttp://www.cryptoappfactory.com 101, Kumaran Colony, Vadapalani, Chennai. +91 7397224461

CryptoSoftIndia Hyperledger and Supply chain Development https://cryptosoftindia.blogspot.com/2019/04/cryptosoftindia-hyperledger-and-supply.html #Blockchain #hyperledger #Supplychain #ERC20 #smartcontracts #cryptocurrency #cryptocurrencyexchange

CryptoSoftIndia Hyperledger and Supply chain Development Hyperledger Blockchain Development: Expert Developers in Cryptosoft India can help you to develop decentralized enterprise applications using Hyperledger - one of the top Blockchain platforms. A business can be benefited in a number of ways if it makes use of the blockchain applications based on Hyperledger Project. Cryptosoft India is a prominent name among the Hyperledger Development Application Services. Why Hyperledger? The future commercial ecosystem is getting groomed to be free from discrepancies. Blockchain is the prime contributor towards this radical transformation. Blockchain is a distributed ledger. On the most general level, a Blockchain can be termed as a decentralized database. Transactions occur in a more consensus mechanism. Blockchain revolution has begun and its potential implications on the business world are going to be huge. The ERC20 smart contracts technology is already in the process of reaching the mainstream commercial adoption. As we immerse in this technology, transactional applications in GenX can be more trustworthy, transparent and with total accountability. Businesses can easily reduce the cost and complexity involved and even lesson legal constraints. Hyperledger is an open source Blockchain reference framework designed to benefit enterprise customers. Started in 2015, Hyperledger is a collaborative effort by The Linux Foundation and several other key industry partners. The key focus of this project is advance cross-industry Blockchain and distributed ledger system across sectors. Scalable business connectivity creates trustable opportunities. Enterprise applications have need of privacy and confidence. It requires permissioned peer-to-peer Blockchain network. Hyperledger Fabric is a commonly used permissioned Blockchain network platform. One can implement different trustworthy business models using Hyperledger fabric. Other platforms include; Burrow, Iroha and Sawtooth. With Hyperledger you are ensured with a trust network that can offer; • Transparency • Longevity • Collaboration • Community • Security • Scalability Using blockchain to drive supply chain transparency: New technologies are presenting promising opportunities for improvement across the supply chain. Using blockchain in the supply chain has the potential to improve supply chain transparency and traceability as well as reduce administrative costs. The supply chain is an integral part of how the business runs. With time it has become complicated and cumbersome. You would also agree with the fact that the entire process of the supply chain has too many intermediaries and most of the system still relies on paper. Apart from this, tracing the products and tracking them is also a tedious task. Friction is another problem in the supply chain. There are too many go-betweens. Everybody in the entire chain ranging from suppliers, manufacturers, providers, clients, etc., have to deal with a third-party rather than dealing with each other. Thus, a simple process of demand and supply gets divided into some steps and too many intermediaries. Blockchain might come to a solution provider to all these problems. We will be here onwards analyzing the use of blockchain in supply chain management. Go ahead, and request for a consultation. Cryptosoft India is always ready to serve you. Thanks for reading our content. To know more about our services, please visit our website: Crypto Soft India cryptosoftindia@gmail.comhttp://www.cryptosoftindia.com 1/124, DLF IT Park Rd, Ramapuram, Chennai, Tamil Nadu 600116 +91 6385 108 373

Smart Contracts and Blockchain Big Data Development Smart Contracts Save Time, Energy and Money of Contractors: The SmartContract development company writes Blockchain programs as per your business needs. Smart contracts define terms and conditions, digitally on BlockchainTechnology between two parties. Public Blockchain Ethereum is most popular for smart contracts. Though, the public Blockchain like Bitcoin also can be used for smart contracts. Before the concept of smart contracts, business people were making paper based contracts in which all the terms and conditions kept mentioned. This manual process requires a lot of human energy and is with full of hassles. For example, if you draw up a smart contract for website design, you may run into trouble. Who decides when the design work meets the client's needs? Compare this to, say, a shipping contract. The smart contract can take into consideration weights, arrival times, fees for tolls, temperature and weather information, and a wealth of other relevant data. Blockchain Solutions for Big Data Challenges: A blockchain is, in the simplest of terms, a time-stamped series of immutable record of data that is managed by cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) are secured and bound to each other using cryptographic principles (i.e. chain). A blockchain carries no transaction cost. (An infrastructure cost yes, but no transaction cost.) The blockchain is a simple yet ingenious way of passing information from A to B in a fully automated and safe manner. One party to a transaction initiates the process by creating a block. This block is verified by thousands, perhaps millions of computers distributed around the net. The verified block is added to a chain, which is stored across the net, creating not just a unique record, but a unique record with a unique history. Falsifying a single record would mean falsifying the entire chain in millions of instances. That is virtually impossible. Bitcoin uses this model for monetary transactions, but it can be deployed in many others ways. The past few months have seen unprecedented growth in interest to Cryptocurrencies. Naturally then, more and more industry experts are taking note of Blockchain and the benefits that they have to offer. Big Data is one of the fastest growing sectors in the world as every business wants to get insights into the usage patterns of their consumers. Big Data refers to massive datasets that are analyzed to reveal underlying patterns using advanced statistical models and data mining. Here’s a look at how these two giant industries can benefit from each other. Challenges that Big Data Faces: Bigdata is an evolving term that describes a large volume of structured, semi-structured and unstructured data that has the potential to be mined for information and used in machine learning projects and other advanced analytics applications. Several large organizations like Facebook, Amazon, and Google have a vast amount of data around the world that they need to store. These datasets can reach the Petabytes range, but with such huge data sets come their own set of problems. Companies have to make sure that the latest version is synchronized among all of the data centers in real time and that the data is authentic. Companies also have to plan for malicious actors who have access to data centers along with adverse natural calamities. Thanks for reading our content. To know more about our services, please visit our website: Crypto Soft India cryptosoftindia@gmail.comhttp://www.cryptosoftindia.com 1/124, DLF IT Park Rd, Ramapuram, Chennai, Tamil Nadu 600116 +91 6385 108 373