BLOCKCHAIN SOLUTION

Nexthoughts is known for investing in cutting-edge futuristic technologies so, now we are embarking on a new venture in crypto and blockchain base.

What is Blockchain

A blockchain is a continuously growing list of records, called block which is linked and secured using cryptography. A blockchain can serve as an open, distributed ledger that can record transactions between two parties efficiently, verifiable and permanent way.

Why Blockchain

Simple

We make using bitcoin and ether safe, simple, and fun. Securely store your bitcoin and instantly transact with anyone in the world.

Safe & secure

Security Center helps you backup your funds, and protect them from unauthorized access.

Global

Blockchain is the world’s leading software platform for digital assets.

Sophisticated

Hierarchical deterministic addresses. Dynamic transaction fees. Monitoring and spending from Watch Only addresses.

OUR TECHNOLOGY STACK

Blockchain Tools

Our blockchain development services are intended to capacitate the business operations. Blockchain is seeing wider adoption in a range of industries including financial institutions, gaming, IoT, exchanges, education, fintech, retail, health, Ecommerce, and a lot more. Our blockchain solutions are suitable for businesses looking for unmatched scalability.

Truffle

Truffle is a development environment (providing a command-line tool to compile, deploy, test, and build), framework (providing various packages to make it easy to write tests, deployment code, build clients, and so on) and asset pipeline (publishing packages and using packages published by others) to build ethereum-based DApps

MetaMask

MetaMask is a chrome browser extension that allows you to interact with the ethereum blockchain, all without downloading the entire data-filled blockchain. It’s a simple tool that allows you to use your cryptocurrency, all in your regular web browser. This will help more people access and use Ethereum dApps, without the technical know-how or need to download the whole blockchain and run a full node..

Geth

Geth is the command line interface for running a full ethereum node. It is implemented in the Go programming language, but does require its users to have proficiency in Go. It is free to download and install. Geth supports most major operating systems.

Ganache

Ganache is a personal blockchain for Ethereum development you can use to deploy contracts, develop your applications, and run tests. Ganache lets you see what’s happening under the hood during development, and lets you introspect blocks and transactions to better understand how your application behaves..

Parity

Parity is the fastest and most secure way of interacting with the Ethereum blockchain. It comes with an extensive, easy-to-use, in-built Ethereum Wallet and Ðapp environment that can be accessed via your Web browser of choice.

Solidity Development

Solidity is a contract-oriented, high-level language for implementing smart contracts. It was influenced by C++, Python, and JavaScript and is designed to target the Ethereum Virtual Machine (EVM).

Solidity is statically typed, supports inheritance, libraries and complex user-defined types among other features.

Cryptocurrency Services

A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.

Bitcoin is the world’s first decentralized ledger currency. It has received a huge success with an outstanding response from the worldwide communities. Not only that, also the Bitcoin success has covered the way for new cryptocurrencies. The best feature of Bitcoin is it is open source so that anyone can use the original Bitcoin source code (available at free). This facilitates to create a new similar cryptocurrency. These cryptocurrencies are known as Bitcoin clones.

Fungible

being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account.

In a nutshell, a fungible token has a total supply of X and the same price for all tokens, but a Non Fungible Token has a total supply X and it can have a different price for every token, each token is special and has a different appreciation.

What does ERC mean?

ERC stands for Ethereum Request for Comments. An ERC is authored by Ethereum community developers in the form of a memorandum describing methods, behaviors, research, or innovations applicable to the working of the Ethereum ecosystem. It is submitted either for peer review or simply to convey new concepts or information. After core developers and community approval, the proposal becomes a standard.

ERC20

It is the most common and well-known standard within all crypto community. 99% (if not all) issued ICO tokens on top of the Ethereum implements this standard. Actually, it is just a simple set of functions that your token code has to have.

ERC721

It’s a proposed standard that would allow smart contracts to operate as tradeable tokens similar to ERC20. ERC721 tokens are unique in that the tokens are non-fungible.

web3j

web3j is a lightweight, reactive, type-safe Java and Android library for working with Smart Contracts and integrating with clients (nodes) on the Ethereum network. It allows you to work with the Ethereum blockchain, without the additional overhead of having to write your own integration code for the platform.

Create, deploy, transact with and call smart contracts from native Java code

Create and manage Ethereum wallet files.

Simple, fully asynchronous API supporting Futures or RxJava’s Observables

Transfer Ether, manage wallets, generate wrappers from the command line

What are Smart Contracts?

A smart contract is a computer protocol intended to facilitate, verify, or enforce the negotiation or performance of a contract. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. It helps to exchange money, property, shares, etc in a conflict-free way while avoiding the services of a middleman.

The best way to describe smart contracts is to compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account. More so, smart contracts not only define the rules and penalties around an agreement in the same way that a traditional contract does, but also automatically enforce those obligations.

NexThoughts is a complete Software Solutions Company with a team of 55+ professionals having expertise in Software & Web Development, Testing and maintenance of high traffic web applications.

Services

Web Development

Cloud Solutions

Blockchain Development

Product Development

Product Re-engineering

Automated Testing

Company

About

Portfolio

Testimonials