What Exactly Is Intelligence Supply Chain? And How Blockchain Can Bring A Difference In It?

Blockchain Supply Chain Final

Fundamentally, the use cases of blockchain technology for supply chains are typically associated with traditional commerce that is using a distributed ledger to secure and expedite the sequence of resources, material, and processes that can distribute and produce services for consumption. But when we talk about intelligence production and promulgation it is commonly assumed as collecting information on military, law enforcement, or political value. This is a supply chain process and all its assets are communal with the decision makers that later takes the form of information about entities of interest.

In this column let’s have a look at how blockchain technology for these non-traditional intelligence supply chains provides an immune, distributed ledger of intelligence information. This information of intelligence supply chain comes with instantaneous access to a trust-worthy, common, verifiable source of intermix intelligence. This piece of information is a complete derivation to the civilian law enforcement officials, intelligence analysts, and military force commanders.

Why Blockchain For Intelligence Supply Chain?

  • The blockchain technology traces the provenance and refinement of intelligence assets during the whole lifecycle and across the intelligence supply chain.
  • It provides the accurate, tamper-proof current-state and origin of each entity, place, thing, and their relationships, from the stage of creation to removal in an immutable and shared intelligence asset ledger.

The Problem With Intelligence Supply Chain

  • A continuous identification and assessment of collected intelligence data in disparate pieces,  map by intelligence collecting, processing, evaluation and dissemination (PED).
  • This new piece of information is akin to unknown and known entities of interest in an attempt of developing, maintaining, and providing the accurate and complete understanding of it to the decision-makers.
  • Still, the intelligence products and its related source data are generally disintegrated, incomplete, and even antagonistic. Therefore, this makes it tough for the decision-makers to know how reliable any piece of information is.
  • The analysis at the initial stage is typically performed on a per-sensor basis rather than on holistic-entity basis, fusion, entity updating, assessment and leaving the hard job of all-source correlation to later stages of the intelligence supply chain.
  • Distinctive systems, people, and processes work on the data, by storing their independent products (findings) and results in different systems and by relying on wide enterprise search solutions and meta-tagging to find the incoherent information when the need appears.
  • As there is no single, authoritative origin for the collected findings of these intermix intelligence entity assets, it becomes difficult for the decision-makers to trust and take appropriate decisions on time.

What Solution Can Blockchain Supply Chain Bring To This Problem?

  • A blockchain intelligence supply chain provides system support with a secure, trusted, shared ledger to the intelligence users and their decision-support systems, by providing the most current known state of an entity as well as its history.
  • Any sort of intelligence-based updates proposed to entities in this common ledger requires authorization and general agreement within applicable and authorized intelligence network. This is before to writing the agreed upon updated information to the append-only unchangeable ledger.
  • As soon as it is in the ledger, it instantly becomes available for consumption by existing analytic and decision-support systems.
  • The best part of the public-key cryptographic infrastructure (PKI) and blockchain technology is that it ensures that each ledger transaction is encrypted, cryptographically chained, and signed to all preceding transactions to provide privacy, accountability, immutability, the un-frame ability for protecting from being accused of doing something that you didn’t do.
  • Smart contracts and authorization policies ciphered in signed, encrypted programming language and applied by each authorizing supply chain member before committing any updates to the ledger certainly define and implement intelligence community verification and validation business policies to each projected entity update transaction or business.
  • Each and every member of the intelligence supply chain has their own local detail of the ledger for speedy accessibility.
  • All signed ledger updates are independently applied and synchronized across each node in the intelligence supply chain using an automated consensus mechanism to ensure every member has a consistent view in almost real time.
  • The finely-grained security controls ensure that intelligence-data users and intelligence supply chain members can only see the information.

Conclusion

Blockchain technology provides most trustworthy intelligence with a permanent and transparent record of all entity-related intelligence findings. It provides easier access to a single source of truth. Blockchain gives agitable justification for intelligence-based decisions. Therefore, blockchain-based intelligence supply chain is much better and more secure. Blockchain development companies like OpenXcell provides the finest services for blockchain supply chain. The team of expert blockchain developers of OpenXcell deals with all the requirements for creating a transparent supply chain process with a clean distribution of data by developing a distributed ledger for your supply chain.

Advertisements

How Can Blockchain Technology Create A New Scope For Digital Identities?

Digital Identifiers Using Blockchain Technology

We all leave our impression on the digital platform whenever we do business on the internet. The more we use the digital platforms, the more we leave digital traces behind us. The internet discloses users personal and financial data when they use financial transaction services such as Paypal, credit card processors, direct banking, Google Wallet, Apple Pay, Amazon Pay, Square, Stripe, Venmo, and cryptocurrencies. There are more than 1 billion people worldwide that face identity challenges.

Personal details of people like their birthdates and home addresses have always been accessible through a quick Google search and it is something we have no control over. Nowadays the dark web turns up the information many of us still hold precious such as social security numbers, bank accounts, health insurance details, and whatever else a criminal may desire. Majority of us don’t read the small print or too deep technical assessments before sharing our information online.

With the evolution of blockchain technology and blockchain development services, the word privacy may regain its meaning. Blockchain technology has the ability to control information and avoid duplication. This means that the idea that individuals can control their personal data no matter where they are, could be a reality for the first time.

The End Of Identity Theft

  • Self-sovereign identity is a great idea as it can put an end to many issues that impact consumer privacy.
  • To manage identities by using a blockchain ledger can make it extremely difficult for fraudsters to wreak havoc without leaving an obvious digital trail.
  • Each and every block in the blockchain is made upon its predecessor, and this cryptographic nature of the blocks make it hard to alter information stored in the existing blocks.
  • This system averts nasty actions by data keepers.
  • The blockchain technology eventually makes identity theft more difficult to execute.

Decentralized Identifiers(DiDs) Based On Blockchain

  • An unchangeable record of blockchain ledger is what allows individuals to take charge of all the information that is within their identity.
  • Every individual can regain complete control of their data with the help of blockchain-based Decentralized Identifier.
  • These identifiers are basically a secret URL stored on a blockchain ledger.
  • Generally, when you sign up for a new app, typically you will have to share your name, email address, and other basic information. With the use of DiDs, this process becomes faster and secure.
  • Decentralized Identifiers empower individuals to swiftly update their personal details.
  • The services that are using your Decentralized Identifiers automatically have the updated information. This process is much better than enabling misinformation run free.

Benefits Of Blockchain For Digital Identity Management

  • The blockchain technology has an astounding capacity to transfer the online identity management.
  • A great amount of user’s personal data like their name, age, address, financial and social records, are put together for creating an online profile.
  • All these information gets adds up to our online profile, on which we have no control. The people who control these data of yours can share it with third-party companies. That is the reason why cyber crimes and frauds scare us.
  • Blockchain technology has the ability to track where is our data stored or where it is used. The data stored in a decentralized manner has a clear history of transactions which is visible to the people connected to a peer to peer network.
  • The consumer that is using blockchain gets better privacy protection and they can take control of their own data.
  • For businesses, blockchain helps to minimize risks and cost of data breach.

Conclusion

The use of blockchain technology for the password and identity verification status is gradually increased at tackling vulnerabilities. The blockchain is showing a new path that can deliver significantly less risk alongside far greater upside. Nowadays each and every industry is adopting this technology, as it provides high security and is robust by nature. There are blockchain development companies like OpenXcell that is all ready to help each and every industry by developing blockchain-based systems for them. OpenXcell has an excellent team of skilled blockchain developers, that can develop and design all the services ranging from simple to advanced blockchain architecture to meet your business specifications.

Why Is Blockchain Technology Analyzed As The Future Of Supply Chain Management?

BlockChain The Future Of Supply Chain Management

Blockchain Technology is mainly known for its use in Bitcoin, it is used as a means of hyper-security. Supply Chain management is also a platform where the use of blockchain technology is emerging day-by-day. With the use of blockchain technology in a supply chain, there is some sort of transfer of ownership. The blockchain is also expanding in the financial services industry. The use of blockchain technology makes settlements and international payments more transparent, secure, and efficient.

The usability blockchain has always been to enhance food and drug traceability, monitor shipping RFID tags, and protect important documents. The blockchain technology is eventually able to reduce the cost and time of all sorts of global supply chains. The market for global blockchain in a supply chain maintains a compound annual growth rate of over 48% from now to 2023, as the increase in blockchain development company is constant.

Why Use Blockchain Technology?

The blockchain technology is gradually becoming the backbone of a digital supply chain. Here are few of its advantages of blockchain technology over digital supply chain:

1. Smart Contract

  • By implementing smart contracts the entire process of payments can be made frictionless. With a smart contract, you can automatically pay the manufacturer by setting the criteria according to the on-time delivery and quality.
  • The complete system of blockchain supply chain allows seamless, quicker, and secure transactions across every level.
  • Blockchain technology can also provide public cloud services.

2. Transparency And Traceability

  • This challenging and difficult process of traceability can be simple and automatic by using blockchain technology efficiently.
  • In near future, blockchain will be able to trace every product to the origin of raw material used. This feature can give a sense of safety to the customers, as they can know everything about the making process of the product.
  • The process of tracking the quantity and transfers of material between supply chain partners are just some exemplary use cases.

3. Data Validation

  • Every stage of a transaction has data validation, be it transactional stage or agreement stage.
  • The blockchain technology imparts an added level of security to the supply chain.
  • It keeps records of products, delivery, and documents on this immutable ledger.
  • This technology has the capability to transform the current supply chain management system completely, rather than just automating the process.

Future Use Cases Of Blockchain Supply Chain Management

  • Tracking of goods will remain a major target for future supply chains.
  • To accomplish reliable and transparent documentation of all transactions in supply chains, it should go to a new level of maturity.
  • The collection of data is visible in real-time to all members of the supply chain through blockchain platform and it guarantees data manipulation and availability security.
  • The auditing of real-time quality data can allow companies to minimize their response time to events.
  • In short, the blockchain technology extends the efficiency and facilities in world trade with a real-time approach.
  • Blockchain also enables you to create a distinct approach for both your customers and partners.

Conclusion

The blockchain technology is definitely the future of supply chain transparency. It will change the current way of supply chain system. Be it the financial services or cryptocurrency or food product shipments, blockchain technology is still on acceleration. There are companies like OpenXcell, that are talking the supply chain management to the next level with the help of blockchain technology. OpenXcell has a team of expert blockchain developers who are ready to help you in creating a transparent supply chain process with the clean distribution of data by developing a distributed ledger for your supply chain.

Blockchain Technology: The Best Solution For Cross-Domain Security

Blockchain Cross-Domain Security Solutions

The design of a blockchain business network definitely shares information from different institutions by distributing ledger transactions to peer nodes located throughout the business network. This process includes nodes physically located within a competing organization’s security domain and environment. The same security design of blockchain has features to enable these secure cross-institutional information transfers which admirably suites to ensure the efficient, cost-effective and safe transfer of information.

For secure information exchanges across network security domains, the well-suited platform is Hyperledger Fabric blockchain. A blockchain-based cross-domain solution is likely to be less complex, less expensive and more effective solution than traditional according to the blockchain developers. These special-purpose cross-domain guards the system when checking the high stakes security risks of cross-domain.

Security Challenges The Organizations Face With Traditional Cross-Domain Solutions

  • Organizational sectors like public, private, government and military, protect and classify their information from the security risk it poses if disclosed without authorization.
  • The most basic form of protection is separating information of different security levels on completely separate communication networks and IT infrastructures.
  • Generally, highly functional systems that are known as cross-domain guards, sit at the confines of each security domain to read files from a designated source location.
  • These controls and filters confirm the integrity and contents of the file to satisfy security policies and then write the file to a designated target location in the other security network.
  • These data flow of cross-domain are either low-to-high or high-to-low.
  • The matter with low-to-high guards is to prevent the introduction of dangerous computer files like malware or viruses, and preventing a reverse flow of data.
  • While the concern for high-to-low guards is to prevent unauthorized exposure of higher classification data to the lower classification network.
  • The traditional cross-domain solutions are expensive due to complex and lengthy implementation processes and specialized equipment.

Blockchain Solutions For The Cross-Domain Security

  • When we talk about blockchain network, its role is to accomplish the cross-domain network peer that is installed on a high assurance platform which is known as a High-Security Business Node.
  • The data that moves within the blockchain’s distributed cross-domain network takes the form of cryptographically secured transactional updates to a shared ledger.
  • This ledger is held by each node in a specific members channel of the business network.
  • Another peer node of the blockchain network exists in other security domains which can be either high or low and they receive the protected blocks of signed ledger transactions.
  • This signed ledger updates to peers located on the opposite security domain occur via the border High-Security Business Node to provide security by blockchain.

Benefits Of Blockchain Cross-Domain Solution

  • Auditable control of asset information throughout the life cycle
  • Sharing of information rather than only moving data
  • Reduction in cost with higher security
  • Single-shared view of each asset, regardless of a network domain.

Conclusion

A cross-domain solution by blockchain reduces erosion to your information exchange process and improves traceability, accountability, and accessibility of information exchange. The blockchain technology is most beneficial because of its excellent security solutions for all domains. There are blockchain development companies like OpenXcell that has skillful experts in blockchain who can help you out in securing your system with the use of blockchain technology.

4 Top Enterprise Mobile App Trends You Need to Pay Attention Now – OpenXcell

Mobility is impacting businesses over a large extent. Apps stand as the key interface platform to interact and perform every business function and employee workflows today. Right from employee management to data management, customer management and business management, many companies are using enterprise mobile apps to transform their tasks and improve productivity. The purpose is to engage effectively with employees, customers and partners. The Global Enterprise Mobility Market is likely to touch 2.9 billion U.S. dollars in 2019. The surging demand for Enterprise Mobile App is currently driven by four new trends.

Source: 4 Top Enterprise Mobile App Trends You Need to Pay Attention Now – OpenXcell

How Can You Improve Supply Chain Management Using Blockchain Technology?

Supply Chain Management Using Blockchain Technology

Nowadays, there are many new technologies that are presenting promising opportunities for improvement across the supply chain. One of them is blockchain technology. This technology has the potential to improve supply chain traceability and transparency as well as reduce administrative costs.

The process supply chain conducted by the organizations has become complicated. There are too many go-betweens. The blockchain is the best answer to these issues. The blockchain is the best solution when it comes to exchanges or agreements. Fundamentally, blockchain technology is a mechanism used by businesses worldwide to implement powerful solutions to problems for commerce. This technology has proven to be the most profitable in the financial domain, but also at the sharper end of the stick in logistics and supply chain management.

Blockchain: Backbone Of Supply Chain Digitization

  • The blockchain technology is scalable, it allows any number of members to integrate into the blockchain without losing data.
  • It is independent of legacy systems and adjacent.
  • Any sort of data or information recorded once in a block is unchangeable.
  • The distributed-storage feature of blockchain makes cyberattacks very difficult.
  • Every member along the chain holds a complete copy of the data, by defining specific access rights.
  • The retailers can limit the data that customers may access about the product to stop them letting view the irrelevant information.
  • The vast amount of consistent data that is available, is a powerful base for advanced analytics, like machine learning-based forecasting.
  • This type of shared database means less administrative work, which improves efficiency and lowers transaction costs.
  • This is the reason that blockchain is said to be the backbone of digital supply chains.

Globe Trade And Supply Chain

  • A supply chain blockchain could increase trust, predictability, and transparency by allowing users to track where a shipment is.
  • Blockchain being an immutable ledger store the changes in ownership of goods into the ledger permanently and instantaneously.
  • The professionals of the supply chain can use blockchain technology to gather and use tracking data in dynamic new ways.
  • Quick agreement of transactions could also reduce friction in commercial financing, which underlies global trade by applying blockchain technology.

Effects Of Blockchain Technology Over Supply Chain

Blockchain technology allows more transparency and security for tracking all the types of transactions for the supply chain. Whenever the product changes hands, the transaction remains in the permanent history of a product, from its manufacturing to its sales. This process could help dramatically in reducing time delays, human errors, and added costs that plague transactions today.

There are some supply chains that are already using this technology. The expert blockchain developers say that this can become a worldwide supply chain operating system in coming future. Here are the ways this technology could improve the following tasks:

  • Recording the quantity and transfer of assets.
  • Tracking change order, purchase orders, shipment notifications, and receipts.
  • Verifying certifications or certain properties of physical products.
  • Associating physical goods with barcodes, serial numbers, digital tags etc.
  • Sharing information about assembly, manufacturing process, maintenance of products with suppliers and vendors, and delivery.

Potential Benefits Of Using Blockchain For Supply Chain Management

  • Increase traceability of material supply chain.
  • Lower losses from counterfeit market trading.
  • Improve compliance and visibility over outsourced contract manufacturing.
  • Reduce administrative costs and paperwork.
  • Improve public trust and credibility of data shared.
  • Engage stakeholders.

Blockchain has the ability to facilitate real-time growth in world trade. If you are one of those organizations who has a strong desire to have a competitive advantage from your supply chain, then you can approach blockchain development companies like OpenXcell, that has experts who are all set to help you deal with all the requirements for creating a transparent supply chain process with clean dissemination of data by developing a distributed ledger for your supply chain.

Here Is All You Need To Know About The Linux Foundation’s Hyperledger Project

Linux

Keeping track of all the record has become a supreme need for almost every business in recent times. The fact is that the things are becoming more and more complex and business owners are not ready to compromise with efficiency just because of human errors. For running any organization, the first and most important thing that largely matters is nothing but maintaining the ledger that keeps a record of general transactions and other important tasks. Unlike past, the ledger is not prepared manually. The hyperledger project by Linux Foundation is widely contributing in this matter and has allowed users to simply keep up the pace when it comes to recording the transactions on a network.

Basically, Hyperledger is not a cryptocurrency nor it is a company, it is an umbrella project of open source blockchains and related tools. Linux Foundation started hyperledger in December 2015, mainly to support the collaborative development of blockchain-based distributed ledgers.

  • Short Hyperledger History

– The Linux Foundation announced the creation of the Hyperledger Project in December 2015.

– It Was launched in 2016 with a technical and organizational governance structure.

– The main objective of the hyperledger project is to accelerate cross-industry collaboration by distributed ledgers and developing blockchains, with an appropriate focus on improving the reliability and performance of these systems, which can result into it being capable of supporting global business transactions by major financial, supply chain, and technological companies.

– In early 2016, the hyperledger project began accepting proposals for incubation of codebases.

  • Why Create Hyperledger?

– A blockchain technology is a peer-to-peer distributed ledger, combined with a system for smart contracts.

– When they are together, they can be used to build a new generation of transactional applications that establish accountability, transparency, and trust at their core.

– If you think of hyperledger as an operating system for micro-currencies, marketplaces, decentralized digital communities, and data-sharing networks. You will find out that it has the potential to vastly reduce the complexity and cost and of getting things done.

– The only software development approach of hyperledger is having collaborative and open source blockchain technology that can assure the longevity, transparency, and support, that is required for prevailing commercial adoption.

– This is what Hyperledger is about, the communities of software developers that are building blockchain platforms and frameworks.

  • Frameworks Of Hyperledger

1. Hyperledger Sawtooth

– Hyperledger Sawtooth originally provided by Intel is a modular platform for constructing, deploying, and running distributed ledgers.

– A consensus option in hyperledger sawtooth is novel consensus protocol i.e; Proof of Elapsed Time.

– Proof of Elapsed Time protocol basically targets a largely distributed validators with essential resource utilization.

2. Hyperledger Iroha

– Hyperledger Iroha is based on Fabric. It is basically a business blockchain framework that is designed to be easy and simple to integrate into infrastructural projects that require distributed ledger technology.

3. Hyperledger Fabric

– It is a permissioned blockchain infrastructure that originally contributed by Digital Asset and IBM. It provides a modular architecture with a description of roles between the nodes in the infrastructure, configurable consensus, and execution of Smart Contracts (known as chain code in Fabric).

4. Hyperledger Burrow

– It is a permissible smart contract machine.

– Hyperledger Burrow was first of its kind when released in December, 2014.

– It provides a modular blockchain client with a permissioned smart contract interpreter built in part to the specification of the EVM.

5. Hyperledger Indy

– It is a distributed ledger, purpose-built for decentralized identity.

– It provides libraries, reusable components, and tools for using and creating independent digital identities that are rooted on blockchains for interoperability.

  • Hyperledger Tools

1. Hyperledger Caliper

– This tool is one of the hyperledger project hosted by Linux Foundation and a blockchain benchmark tool, which can allow all the users to measure the efficiency of a specific blockchain implementation.

2. Hyperledger Cello

– This blockchain module toolkit of hyperledger intents to bring the on-demand as-a-service deployment model to the blockchain ecosystem.

– By doing so it can reduce the effort that is required for creating, managing and terminating blockchains.

3. Hyperledger Composer

– It is a collaboration tool for constructing blockchain business networks, stimulating the simple and fast development of smart contracts.

4. Hyperledger Explorer

– This tool is to create a user-friendly web app. It can also view, call upon, deploy or query blocks, associated data, and transactions.

– It was initially contributed by DTCC, Intel, and IBM.

5. Hyperledger Quilt

– It grants compatibility among ledger systems by enforcing Interledger Protocol.

– The Interledger protocol is basically a payments protocol.

– It is designed to transfer value across non-distributed ledgers and distributed ledgers.

  • Goals Of Hyperledger

– To create an open source, enterprise-grade, and distributed ledger frameworks to support business transactions.

– It aims at building technical communities to develop blockchain and shared ledger POCs.

  • How is hyperledger changing the business world?

– Hyperledger holds the feature of being the fastest growing project launched by the Linux Foundation.

– The growth of hyperledger has resulted in the advancement of blockchain platform fundamentals, agile development practices, DevOps capabilities, cloud engineering and network security skills.

– This open source nature of hyperledger has allowed blockchain developers from all over the globe to contribute.

  • Benefits Of Hyperledger

– It provides data privacy and confidentiality.

– Hyperledger is efficient and supports the speed of transactions.

– It has a modular design and hybrid approach.

– The hyperledger project relates to B2B scenarios.

– Its alignment with the vision is to go digital.

  • Conclusion

This is all about the Linux Foundation’s HyperLedger technology. Being a new project it has got a lot of popularity in a short time period, as it simply lets organizations to have a digital ledger which is free from all the bugs. Hyperledger users can also make sure of reliability in the modular identity services.

There are many IT organizations that have adopted this concept and are helping the users to set up enterprise-grade Blockchain deployment via Hyperledger platforms and development tools. One of the best blockchain development company is OpenXcell, the experts of this company assists its customer in defining a model by creating a business network definition which includes all logic, rules, and functions of customer’s business model, deployment of the network on hyperledger platform, creation and execution of smart contracts that can accurately start you off on a Blockchain network.

Why Is Solidity The Best Programming Language For Smart Contracts And Blockchain Development?

Solidity

Blockchain technology has fascinated the tech enthusiasts around the world with its potential to disrupt and replace established systems of transacting assets and data. Fundamentally, Blockchain is a decentralized digital public ledger of transactions, yet secure due to a distributed verification network of miners, who approve transactions using diverse high-performing machines. The blockchain technology is creating plenty of new opportunities for programmers and developers to create varied apps.

There are a handful of programming languages that can help you create Ethereum based apps for blockchain and smart contracts. Traditional programming languages like C++, Java, and Python can be used for it. Besides these languages, Simplicity and Solidity are new and more specific programming languages to blockchain app and smart contract. But from all these languages described, Solidity is the most used and preferred languages by blockchain developers. So let’s take a closer look at solidity programming languages for development of Ethereum based blockchain apps & smart contracts and know that why it is the best of all.

  • Introduction To Solidity

Solidity is a contract-oriented, high-level language for achieving smart contracts. The language, Solidity is developed by Gavin Wood, Yoichi Hirai, Christian Reitwiessner, and Alex Beregszaszi, to enable writing smart contracts on blockchain platforms. Solidity was influenced by JavaScript, C++, and Python. It is designed to target the Ethereum Virtual Machine (EVM). A large number of programming concepts of other languages are used by Solidity. For example, it has functions, classes, arithmetic operations, string manipulation, variables, and many more. This high-level language facilitates the developers to write apps that enforce self-enforcing business logic that represents in smart contracts and keeps an authoritative record of transactions. Solidity is statically typed, it supports libraries, inheritance, and complex user-defined types.

  • Solidity Blockchain Basics

  1. Solidity is mainly used for smart contracts, by making it closely related to blockchain technology.
  2. Fundamentally, blockchain is nothing but a global transactional shared database. For this transactions must be created, which needs to be approved by other members of the network.
  3. In blockchain, transaction means the changes applied to a database. These transactions are always signed cryptographically by the creator of it.

  • Relation Between Solidity And Smart Contracts

  1. Ethereum smart contracts are written by using solidity, which provides a great number of ways for allowing contracts to interrelate with other contracts.
  2. Smart contracts can be used in various forms. From the functioning to creating and diminishing of the contracts.
  3. There are a number of use cases for this aptitude.

  • Solidity By Example

Solidity helps in creating contracts for voting, crowdfunding, blind auctions, multi-signature wallets and many more.

1. Voting

  1. This example of the smart contract is quite complex but showcases a lot of solidity features.
  2. This solidity contract is about voting, as the main problem of electronic voting is to assign voting rights to the correct persons and to avoid manipulation.
  3. The sole idea of the script is that a contract is created for each ballot and providing a short name for every option.
  4. The goal of the voting contract is to make vote counting automatic and transparent.

2. Simple Open Auction

  1. It is a basic simple auction contract where everyone can send their bids during a bidding period.
  2. The sole idea of this auction is that during a set period of time, people can send their bids.
  3. If the highest bid is raised, the previously highest bidder gets his money back.
  4. When the bidding period ends, the contract has to be called manually for the beneficiary to receive his money.

3. Blind Auction

  1. The open auction is extended to a blind auction. The benefit of a blind auction is that there is no time pressure towards the end of the bidding period.
  2. In blind auction contract, once the bidding period is over, the bids have to be revealed.
  3. The blind auction contract has to deal with the challenge of combining auction binding and blind.

  • Advantages Of Smart Contracts Written Using Solidity

  1. It provides accuracy and transparency.
  2. The solidity contracts provide speed, efficiency, and security.
  3. It is environment-friendly.
  4. These contracts record essential details in each transaction.

By looking at all these things, it is proved that Solidity is by far the best language when it comes to creating a smart contract and blockchain development apps. Blockchain development companies like OpenXcell develops smart contracts for clients using solidity. These contracts are made for industries like insurance, healthcare, real estate, and banking.

Top 3 Whiteboard Animation Applications For Remote Meetings

Whiteboard Animation Applications

Whiteboard animation videos have been used in many walks of life such as for learning online to teach languages, for the public communication of academic scholarship, for undertaking remote meetings, for advertisements and for many more things. Whiteboards are the most popular tools to help people collaborate to keep track of what’s being discussed during brainstorming sessions, work on projects, and communicate complicated ideas.

The concept of a whiteboard is mostly used in conducting lively meetings with remote attendees. Whiteboard animation apps provide you a real-time collaboration with everyone. Here is the brief explanation of the top 3 whiteboard animation applications for conducting remote meetings:

LiveBoard is the perfect cross-platform whiteboard solution with rich and free and features. LiveBoard is one of the best whiteboard apps for tutoring online or for providing more interactive experience for classroom teaching. In addition to this, LiveBoard also provides meeting organizers with the ability to collaborate with an unlimited number of team members, this app also allows users to save and access an unlimited number of boards in a searchable gallery. The saved boards can be shared at any time via social media and email. LiveBoard also provides features such as instant messaging, cloud storage, and searchable archive.

RealtimeBoard is built to improve remote team collaboration, it allows remote participants to join in whiteboard sessions as if they were in the same room. The organizers of the meeting can create a whiteboard and share it with meeting attendees via a link. As everyone joins the board, all the participants of the board can see changes as it happens and can know who made the changes, which is because of the unique collaborator cursors. Users who purchase a premium account or a team can also launch and participate in whiteboard sessions via screen sharing facility. The integration of RealtimeBoard with cloud storage services, G-suite, product development and graphic design tools are created to simplify and accelerate users collaboration.

ExplainEverything is a cross-platform app and is boasting four out of five stars from its 4.2 million users. It is an easy-to-use, interactive whiteboard that enables you to animate, annotate, and narrate documents, drawings, and images. It provides import and export facility from almost anything and from almost anywhere, to its users. This real-time whiteboard app is originally designed for educators. ExplainEverything has a simple and intuitive user interface, and it also has the ability to foster collaboration in real-time between multiple users in the business world, as well. Organizers send a unique code that is generated by the app, to invite remote attendees to participate in collaboration sessions. This app is one of the best and most recommended apps by the mobile app developers.

These whiteboard animation apps are engaging and make it easy for the user to understand the topics they are learning or discussing in the meetings. Besides all these facilities of online teaching and remote meetings, the concept of whiteboard animations has become an essential element of digital marketing strategies. If any organization needs to work on complicated projects, they are likely to use new whiteboard animation apps, for marketing their product and educating users about the same. There are many mobile app development companies that develop customized whiteboard animation apps, one such company is OpenXcell. The team of application developers from OpenXcell Technolabs knows what companies need in a whiteboard and they give attention to the company’s needs to build a customized whiteboard animation application for them.