Blockchain development and decentralized solutions
CoinFabrik has built decentralized applications for blockchain pioneers, leading companies in FinTech and other industry sectors. Our experienced team understands how to design a robust and high performative blockchain architecture that fits your product requirements.
We can help you to automate your business processes.
Shared data is available at any time and data integrity is verifiable by anybody.
Our experience covers:
Loan Systems
Supply Chain Solutions
Identity Systems
Notarization & Proof of Existence (PoE)
We can help you to develop the blockchain back-end for your application.
Our experience covers:
Wallets
Exchange Platform
Fundraising Platform
Decentralized Marketplaces
Crypto Asset Custodial Service
Multiple Cryptocurrency APIs
Payment Gateways
The blockchain sector rapidly develops new ideas which moves the sector forward every day.
We can help you with the development and implementation of new concepts.
Our experience covers:
Sidechain Technology
Micropayment Systems
Lightning Network and Raiden
Mining Pool Software
Proof-of-Stake Blockchains
Support for Algorand and Cardano
Certain industries require a more restrictive setup of their network where only permissioned entities are allowed to participate in maintaining the database.
We can help you to set up such an infrastructure for your business.
Our experience covers:
Classical Byzantine Fault Tolerant DLTs
PBFT, BFT-SMaRt, Hyperledger Fabric
Proof-of-Authority Blockchains
Geth Clique
Our clients
In partnership with top global business organizations
From bold start-ups to big names, CoinFabrik is proud of our clients’ success and passionate about helping them accelerate growth.
FAQs on blockchain development
What technologies are used in blockchain development?
Solidity influenced by C++, Python and JavaScript.
Then JavaScript; Data Structure; React.js; Core Java; Node.js.; SQL ; Full stack development; Devops.
What are the 3 different types of blockchain technology?
There are primarily three types of blockchains; Private (Multichain and Hyperledger projects) and Public blockchain (Bitcoin, Ethereum,etc) and Hybrid blockchains which are a mix between private and public blockchain.
Private Blockchain. A permissioned blockchain allows organizations to set controls on who can access blockchain data. Only users who are granted permissions can access specific sets of data.
Public blockchain. A permission-less, blockchain network is one where anyone can participate without restrictions. Public blockchain are governed by rules or consensus algorithms.
Consortium blockchain. Is a type of semi-decentralized network. It is said to be a hybrid of private and public blockchain, where the consensus process (mining process) is closely controlled by a preselected set of nodes or by a preselected number of stakeholders. Under this chain consortium network has multiple members and each one is independently controlled.
How many transactions can blockchain process?
There are different types and kinds of blockchains, each of which has their own networks, their own rules and their own communities of participants.
Bitcoin’s blockchain can only process 7-10 transactions per second because its blocks are produced every 10 minutes on average. While, Etherum, the second-largest blockchain network
Other important blockchains you should consider:
Solana: Known as the “Ethereum Killer” founded in 2017 run by the Solana Foundation can process 50,000 TPS.
Polygon: layer 2 scaling solution is estimated at 65,000 transactions.
Near: Can handle 2,000 transactions per second.
Algorand: Can handle 6,000 Transactions per second.
Avalanche: Can process 4,500 transactions per second.
Tron: Can handle 2,000 transactions per second.
Cosmos: can process 10,000 transactions per second
How does Blockchain technology work?
A blockchain is a digital list like an “open book” of data records. Such a list is composed of many blocks of data. Each block is “chained” to the previous block in a sequence which are organized in chronological order and are linked and secured by cryptographic proofs.
Blockchain transactions occur within a peer-to-peer network of globally distributed computers (nodes). The block is sent to every computer node in the network. Authorized nodes verify the transaction and add the block to the existing blockchain. Before a new block can be added to the chain, its authenticity must be verified by a computational process called validation or consensus.The process is finished when the update is distributed across the network, which finalizes the transaction. Once a block has been added, it can be referenced in subsequent blocks, but it cannot be changed.
Each node contains a copy of the blockchain and contributes to the functioning and security of the network. Trust, accountability, transparency, and security are forged into the chain.
