Blockchain

Blockchain is a technology for the reliable distributed storage of authentic records, where information is written "on top" of the information recorded earlier, and partly based on it. It does not have centralized control, and transactions are verified using P2P networks, coding and cryptography. Blockchain can be used to store records about real-life objects and events.

Blockchain is significantly different from other similar technologies due to its openness and reliability. Blockchain records cannot be faked, changed or deleted. At the same time, every record in blockchain can be easily checked and verified. People have already appreciated the unlimited possibilities offered by this advanced technology and are making attempts to use it for record-taking virtually in every area of life.

Some of the areas where blockchain may be applied in today’s world are presented below:

  • Banking;
  • Payments and money transfers;
  • Healthcare;
  • Cybersecurity;
  • Voting;
  • Car rentals and sales;
  • Networking and the Internet of Things;
  • Forecasting;
  • Trip sharing;
  • Stock trading;
  • Real estate sales;
  • Microinsurance;
  • Supply-chain management;
  • Cloud storage;
  • Energy management;
  • Sports management;
  • Gift cards and loyalty programs;
  • Government and public benefits.
STG provides the following services in this area:

  • Development of blockchain-apps for the corporate and public sector across a wide range of industries;
  • Creation of blockchain-projects based on the Ethereum platform.
Our experts have:

  • Experience in decentralized application development;
  • Good hands-on knowledge of blockchain technology;
  • Professional understanding of cryptographic algorithms;
  • Experience with authentication systems;
  • Good knowledge of Microsoft.NET platform;
  • Experience with relational databases (Oracle, MySQL, etc.);
  • Experience with modular solutions, dependency management and test builds;
  • Understanding and practical experience with cloud platforms (vCloud Director, OpenStack).