Blockchain technology has the game-changing potential to transform businesses and business models across industries ranging from banking & financial services, retail, entertainment, supply chain & logistics, healthcare, to government organizations.
Our team of experts develop Blockchain strategy, architecture, design, and working proof-of-concept (POC) applications for your business needs through leading platforms including Ethereum, Stellar, Quorum and Hyperledger.
Our Blockchain Services:
We help you to verify that your theory has the potential for real-world Blockchain application.. whether people need your product, ..whether you have the capabilities to build it.
Smart Contract Development
With a unique combination of technical and blockchain business expertise, our experts can write your smart contract’s code fast and securely, tailored perfectly to your business requirements.
Following the analysis of business use cases and its functional and non-functional requirements, our experts research and map the appropriate blockchain technologies and frameworks.
Blockchain Proof of Concept (POC) Development
We develop a Blockchain POC (this is the stage at which we can define a product’s framework and minimum requirements for development) to demonstrate feasibility and experimentally potential of blockchain technology for your business case. We will typically build a Testnet with a responsive web client, gateway API, implement support for off-chain storage, develop business analytics and reporting, integrate digital identity and access management service (or KYC), secure key management and other necessary components. Test results will be used by internal organizations to better understand the applied Blockchain project.
Real products are not always built on distributed applications (DApps) or on a public Blockchain without contact with a centralized (off-chain) environment. It is a complicated job to combine the Blockchain ecosystem with the ecosystem of real business and make it real. Some of Blockchain solutions are fast, but don’t support smart contracts; some are funding in business logic, but are slow; some are fast and “smart,” but not scalable. It isn’t a one-minute job to find the solution best suited to your idea.
To create POC for a Blockchain project, it is necessary to build the business logic of the whole project, and identify process flows. Only after this can the business start shortlisting blockchain requirements.
POC is not just a version of a product with minimal functionality, but also the most cost-effective tool for validating the efficient feasibility of the business idea.
At BARAKATECH we develop distributed ledger technology, including custom cryptocurrencies, individual nodes, hash algorithms, and architectures for public and private blockchains. Our consensus protocols include Proof of Work, Stake and Concept models, which eliminate double-spending errors and the need for outmoded third parties.
Successful custom blockchain projects require unique skills and procedures. We use carefully-designed blockchain development processes combined with Agile approaches to bring your project to fruition exactly the way your business requires.
Smart Contract solutions are a revolutionary blockchain application. What they do, essentially, is to secure the fulfillment of a contract without having to get any third party involved. The conditions are predetermined at the time of contract creation, and it is part of the blockchain between the bank computers. A smart contract means there can be no interference with the code. As long as the conditions are met, the outcome is inevitable.
BARAKATECH works with major smart contract platforms and builds custom solutions by incorporating best features from such modern and powerful enterprise-grade frameworks as Ethereum, Hyperledger, Quorum and Stellar.
We program smart contracts for blockchains, supplying decentralized web solutions for the e-commerce, finance, real estate, supply chain and gaming industries, among others.
Smart Contract Development
We offer deliberate blockchain development research, advisory and consulting services, pinpointing best use cases through PoC and MVP Development. Our team of experts can help you select the blockchain technology that most fits your enterprise. Whether it’s Quorum, Hyperledger, Stellar, or Ethereum, blockchain development company guides you through the process of integration and adapting to the new platform.
We deliver blockchain Consultancy for fintech, insurtech, pharmaceutical, supply chain, and other industies. We utilize our cornerstone Distribuited Ledger Technologies (DLTs) and Hyperledger expertise to assists our clients in estabilishing thei market leader position in this emerging technology space.
MenaPay replaces traditional payment with blockchain based fully backed cryptocurrency and provides secure and transparent payment gateway to enable P2P transaction in every aspect of daily life
MenaPay revolutionary approach replaces cash and traditional banking tools used for online and offline transactions in daily life.
MenaChain built on standalone installation of Stellar nodes. Since approval of MenaPay Foundation is needed in order to join the MenaChain network as a node, all nodes assumed safe participating the MenaChain Network. MenaChain platform will start with a small number of nodes during the testing phase. Then it will expand to have nodes run by approved organizations which meet certain requirements. The real-life identities of all the participants are known. These participants have a common goal—they want to do business together—but they do not necessarily trust or like each other. Nevertheless, knowing the identities of the participants allows a permissioned blockchain to use the SCP (Stellar Consensus Protocol), a federated Byzantine Algorithm.
Based E-sign App: Electronically Send and Sign documents easily, through Blockchain with Multisig mobile wallets.
Document Management Module (Web & Mobile)
User Onboarding Module (Web)
Mobile Apps (iOS & Android )
Back-Office Module (Web)