Questever

Types of Blockchain Solutions

Visit eQuestever's dedicated pages to learn about the capabilities, benefits, and cost factors of Blockchain-based solutions.

Blockchain networks

Secure and scalable permission-based or permissionless decentralized ecosystems with minimized downtime.

Blockchain-based transaction platforms

Secure and scalable permission-based or permissionless decentralized ecosystems with minimized downtime.

Blockchain-based assets

Programmable crypto assets built on Blockchain that may represent a digital form of money, tradeable assets, utilities, governance rights, and more.

Blockchain Development Process

Below are the typical Blockchain development steps eQuestever takes when developing Blockchain solutions for our customers.

Step 1. Feasibility study

eQuestever usually starts each Blockchain development project by analyzing a customer’s specific needs and expectations. Quite often, we help clients understand whether a Blockchain solution is viable and worth their investment. Depending on the industry you come from, we may ask some of these questions:

• Do you have cross-company workflows that require automated accountability?
• Does your company deal with continuous supply of assets?
• Do you want to get a third-party/centralized authority out of your processes’ loop?
• Does your company deal with sensitive documentation or records shared between multiple organizations?

If any of these questions yields a confident ‘yes’, you would most likely benefit from a Blockchain solution. eQuestever’s consultants proceed to discuss the business specifics with you and then perform in-depth research to compile a list of tangible benefits that the Blockchain technology can bring to your business. Once the research is done, we present high-level costs breakdown and ROI calculations.

Step 2. Blockchain conceptualization

After making sure that you would benefit from a Blockchain solution, eQuestever’s consultants start building a solid business case that describes high-level requirements to your Blockchain solution and client web/mobile apps that will interact with it. Our experts also cooperate with tech teams to decide on how Blockchain will be incorporated into your current business processes and/or IT systems.

Upon forming a high-level vision, eQuestever moves on to detailed project planning, which involves several important technical decisions.

Architecture type choice

There are 3 major Blockchain types: public, private (permissioned), and hybrid. The key difference is in whether the data is stored and shared on an unlimited number of nodes or across a restricted network. In the hybrid Blockchain, certain types of data are shared privately while other types of data are public.

The choice usually depends on your business case. After analyzing the requirements assembled by the consultants, eQuestever’s Blockchain architects suggest possible architecture types and discuss the pros and cons of every option with the project stakeholders.