Our Solutions
EntyLabs will provide different Blockchain solutions in the Future
The industries that are suitable for Blockchain technology:
Cryptocurrency (tokenisation, exchanging, store, staking, lending, borrow etc...)
Document validation
Supply chain (Wholesale, - Retail)
Asset ownership (NFT)
Medical record etc...(Pharma)
Real Estate
In short, our main blockchain services are as follows:
Take a look at the individual solutions:
BaaS (Blockchain as a Service)
BaaS (Blockchain as a Service) Blockchain development services from EntyLabs Solutions can help companies ensure the security of their data. Blockchain technology uses encryption techniques to protect data and protect it from manipulation. Businesses can rely on blockchain to protect their data and prevent unwanted third parties from altering it.
Blockchains are trustworthy, efficient, fast and secure for various solutions
Blockchain-as-a-Service or BaaS is a managed blockchain platform provide from EntyLabs that enables buyers to build blockchain applications and digital services on a distributed network, while the provider provides infrastructure and blockchain building tools. As blockchain application development continues to expand beyond cryptocurrencies, blockchain-as-a-service is becoming a more popular hosting option. For this reason, EntyLabs will offer various blockchain solutions for companies interested in such solutions
Similar to Software-as-a-Service, Blockchain-as-a-Service allows companies to get applications up and running with minimal effort. This allows for greater agility and faster blockchain adoption. Blockchain applications are becoming increasingly popular, but setting them up can be challenging for smaller businesses or organizations with limited IT resources. A blockchain-as-a-service provider like EntyLabs can provide professional support on top of their hosting services.
Btw...we would like to point out in advance that our BcaaS (Blockchain as a Service) will be available free of charge for everyone. Yes, you read it right, it will be FREE to use for our clients! We will not install any user fees or payment plans! Why are we doing this? The answer is simple! As you know, there are already several service providers of this type and in order to remain absolutely competitive, we see the strength of our service in this regard in making them all available for FREE and not for free! What does that mean? We ONLY have the so-called gas fees as fees, which will be one of the lowest thanks to our blockchain system It doesn't matter whether it's after the HPoS or the hybrid blockchain, these are systems of the future!
So we want to use different consensus mechanisms like DPoS and/or zkRollups which can ensure high security as well as fast and very cheap processing
Our blockchain also ensures that our partners can deploy various applications like dApps on the blockchain that support their needs or services!
For further questions please contact us without obligation!
1. About Private Blockchains:
Private Blockchains and Consensus Mechanisms:
How they can Improve Companies!
The rise in popularity of blockchain technology in recent years has fundamentally changed how we approach data management and security. Even while most people are only familiar with public blockchains like Bitcoin and Ethereum, private blockchains are becoming more and more common in the corporate world.
Private blockchains are designed for use within a single company or a collection of linked enterprises where the participants have an interest in maintaining the security and integrity of the data stored on the blockchain. Consensus mechanisms are necessary in private blockchains for the network to concur on the state of the ledger at any given time. In this article, we'll examine the numerous advantages that private blockchains' use of consensus mechanisms may have for companies.
Enhanced Effectiveness
One of the key benefits of private blockchains is how quickly they process transactions and update the ledger in comparison to traditional systems. This improved efficiency may lead to cost savings for businesses as well as enhanced output. The network can agree on the state of the ledger without the need for a centralized authority thanks to consensus methods, which enable this increased efficiency. A private blockchain maintains a copy of the ledger on each node, and any modifications to the ledger require consent from all nodes in the network before being recorded. Automating this process is possible with smart contracts, which operate according to established rules and circumstances without involving a human.
Enhanced Accountability and Transparency
Because they offer a tamper-evident, unchanging record of all transactions, private blockchains make it easier to track and trace the flow of assets and information. Businesses may build partner and customer confidence by being more accountable and transparent. Consensus algorithms are key in ensuring the integrity of this record since they ensure that all nodes in the network agree on the ledger's present state. Bad actors will find it much harder to alter the data or commit fraud as a result. By providing a transparent, dependable source of data, private blockchains can assist organizations in developing stronger relationships with customers and partners. This could increase sales and customer loyalty.
Enhanced Security
Any company places a high priority on security, but particularly those that work with sensitive data or irreplaceable assets. Numerous options exist for private blockchain consensus processes to improve security. Second, they ensure that all network nodes agree on the ledger's present state, which makes it far more difficult for adversarial actors to alter the data. Second, private blockchains can be built with specific security features like multi-factor authentication, access controls, and encryption to further protect the data. Using private blockchains to facilitate safe peer-to-peer transactions without the need for intermediaries or third parties can help lessen the risk of fraud or hacking.
Businesses can employ the security benefits of consensus techniques and private blockchains to protect their critical assets and data from online attacks.
btw...Private blockchains can be used to synchronize communication between many departments or even different enterprises. Private blockchains by providing a shared, dependable source of data can streamline procedures and reduce dispute amongst parties. Consensus mechanisms are crucial for enabling this collaboration because they ensure that all parties can concur on the state of the ledger and carry out safe, open transactions with one another. Cooperative application cases for private blockchains include asset tracking, contract administration, and supply chain management, to name a few. The benefits of private blockchains for teamwork can help firms become more productive and efficient overall.
Real-World Examples
Many companies have already started looking into the benefits of private blockchains and consensus mechanisms. One example is IBM's Hyperledger Fabric, a permissioned blockchain network that employs "pluggable consensus" to allow users to choose from a variety of consensus algorithms in accordance with their specific needs. Users are now able to select the consensus algorithm that best fits their use case, which may make the network more adaptable and specialized.
Another example is the JPMorgan Quorum platform, which is used in the financial services industry. Quorum uses the "Raft" consensus method in order to reach consensus across network nodes. In comparison to proof-of-work and other traditional consensus algorithms, the Raft technique is designed to be more efficient, making it more suitable for use in private blockchains.
In addition, numerous other companies and organizations are investigating the use of private blockchains and consensus processes. We can expect even more innovation and adoption as these technologies continue to evolve and mature in the commercial space. We at EntyLabs face these challenges and are happy to help you develop private blockchain solutions for your company!
2. About Public Blockchains:
CpaaS (Crypto payment as a Service)
Get amazing things done with awesome feature as CpaaS.
Blockchain & Crypto payment solutions
Payment support for any business that wants to involve cypto! Blockchain payment systems promote fast, secure, low-cost, and hassle-free payment processing services without the need for financial services integration. This effectiveness eliminates waiting times when changing money and third-party preparation costs. Payment solutions have long been supported by card providers such as VISA or Mastercard! This allows us at EntyLabs to guarantee your company appropriate payment solutions for your crypto transactions! We will always inform you about all changes and news via our social media channels
AIaaS (Artificial Intelligence as a Service)
Artificial Intelligence as a service
Make the most of AI-powered tools to succeed online. With cutting-edge artificial intelligence and machine learning solutions, grow your business.
more will coming SOON!
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