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Blockchain consulting

Advisory, Strategy, Design
Hardware & Software blockchain Development Services

Expert blockchain consulting

Pagarba has experts in
blockchain and distributed ledger technologies (DLT) to help your organization with
strategy, design, development & managed support

 

 

Services we provide

 

 

development blockchain

blockchain strategy & development

We help you with :

 

  • Build vs Buy strategy
  • Recommendations & solution mapping
  • Use Case identification & prioritization
  • Current & Future State architecture 
  • Define you Business & Technology Strategy
    • blockchain / DLT 
    • IoT, IIoT, IDoT
    • DevOps
    • AIOps
    • Cybersecurity
  • Design, architect, & Implement
    • high value business transformation products & solutions for your business
  • Prototyping, POCs, MVPs
  • Operationalizing & Productionizing

Blockchain Fundamentals

What is blockchain ?

A blockchain is a distributed, cryptographically-secure database structure that allows network participants to establish a trusted and immutable record of transactional data without the need for intermediaries.

A blockchain can execute a variety of functions beyond transaction settlement, such as smart contracts.

Smart contracts are digital agreements that are embedded in code and that can have limitless formats and conditions.

Blockchains have proven themselves as superior solutions for securely coordinating data, but they are capable of much more, including tokenization, incentive design, attack-resistance, and reducing counterparty risk.

The very first blockchain was the Bitcoin blockchain, which itself was a culmination of over a century of advancements in cryptography and database technology.

How Ethereum blockchain solutions can future-proof business networks

https://media.consensys.net/11-ways-ethereum-can-benefit-enterprise-aac6d798a9fb

 

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Why Blockchain ?

Why not just use a database ? 

Storing things isn’t a new concept.   Humans have been figuring ways to store food, items, and more for thousands of years.  From writing on rocks and cave walls, to rock tablets to strings and beads and metals and storing things underground or in boxes to filing cabinets onward to mainframes and punch cards and Reel to Reel tapes to floppy discs, laser discs, 4 tracks and 8 tracks, vinyl records, cassette tapes, CDs, DVDs, flash disks, hard drives  and more.
And when it comes to straight up storing and accessing data, things like  RDBMS and OLTP and OLAP or NoSQL and NewSQL or flat files or distributed file systems or graph databases or GIS databases or data warehouses and more have existed for a long time.

With so many choices why do we need another way to store things and data ? 

Many people will tell you Just use a database.
But the answer isn’t so much why not just use a database because that’s sort of worked for a long time, what you should be asking is …

Who owns the data ?  And why do they own it ?
Who enforces and verifies the data ?
And how do you know it’s not tampered with ?
Who has the authority and access  to update, change and delete the data ?
And who creates the access polices and runs applications and opens up the APIs to connect to that data ?

A blockchain solves the “who”, “what”, “and “why” problem by establishing a shared distributed network in which participants agree on ownership, authority and involvement. The members of a blockchain network host it jointly and equally in a decentralized fashion.   This gives them incentives to trust the network, but not the organizations on it.

What value does Blockchain offer my organization ?

Better Economics for your company because of Blockchain 

 

  • Verification & Identity
    • Track assets & transactions
    • Settle transactions and contracts
    • Enforce contracts and agreements without the need for a central trusted authority
    • Lower Costs to verify transactions
  • Direct Costs
  • Better Data privacy
  • Reduce Data breach & Leakage costs
  • Settlement efficiency and optimization
  • Costs of Trusts
    • Smart Contract Code
    • Consensus protocols
    • Miners, Validators, Stakers
    • Immutability
  • Economic Rents due to market power