Public Blockchain Development Company

Public Blockchain Development Company

Osiz is an excellent Blockchain Development Company that provides remarkable solutions for all types of Blockchain networks. At Osiz, we specialize in offering Public Blockchain Development services by creating decentralized systems effectively. Our decentralized systems enable everyone to participate and confirm transactions rapidly. We have expertise in creating blockchain systems that are immutable, transparent, and promote security without requiring central authority. These businesses use blockchain technology to provide solutions that improve efficiency, security, and transparency across various sectors.

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Features Of Public Blockchain Development

Our public blockchain development services come with brilliant features to make use of. Take a look at the noteworthy features of public blockchain development solutions. 

Decentralization: Our public blockchain development services have no single point of control and make sure the power is equally distributed to all the existing participants. However, we make every transaction visible to all the participants within the network. This will promote genuine trust with everyone. 

Proof Of Work: This consensus algorithm is employed by open blockchains like Bitcoin. Miners, who are members of the network, must solve challenging mathematical puzzles to validate transactions and produce new blocks. Although this procedure uses a lot of processing resources, it makes it more difficult for one party to dominate the blockchain, protecting the security and integrity of the network.

Self-Custodial Wallet: Users can have complete authority over their private keys and, by extension, their cryptocurrency holdings by using a self-custodial wallet. Also, it guarantees that users are fully accountable for their assets, offering greater security and privacy than custodial wallets, which keep the keys in the hands of a third party.

Hash Encryption: using this feature, data is transformed into a fixed-length hash value for hash encryption. Since this value is specific to the input data, a slight alteration to the input will result in a noticeably different hash. Since every change to the data would produce a new hash, tampering will be readily apparent, and hash encryption secures data in the blockchain by guaranteeing its validity and integrity.

Distributed Ledger: A distributed ledger is a database that is deliberately shared and synchronized across several sites, businesses, or geographical areas. It increases transparency by enabling transactions to have "witnesses" who are available to the public. Every user on the network has access to the whole database, including all of its historical information. 

Consensus Algorithms: These are also called the protocols to make sure every participant in the blockchain network is on the state of the ledger. Some common consensus algorithms are Proof of Work(PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS), and Practical Byzantine Fault Tolerance (PBFT). 

Public Blockchain Development Services We Offer

These are the most unique public blockchain developer services we offer at Osiz. 

dApp Development

Developing decentralized applications (dApps) that run on a public blockchain, offering users transparency and trustless interactions.

Smart Contract Development

Creating self-executing contracts with the terms directly written into code, ensuring automatic and transparent execution of agreements.

Asset Tokenization

Converting physical or digital assets into digital tokens on the blockchain enables fractional ownership and improved liquidity.

Crypto Token Development

Designing and issuing digital tokens that represent assets or utilities within a blockchain ecosystem, compliant with standards like ERC-20 or ERC-721.

Wallet Development

Building secure digital wallets that allow users to store, send, and receive cryptocurrencies and manage their assets.

Crypto Exchange Development

Creating platforms where users can buy, sell, and trade cryptocurrencies, with features like order matching, liquidity management, and security protocols.

Our Public Blockchain Development Process

Step 1: Select a Relevant Use Case

Identify the specific problem or opportunity that blockchain technology can address, ensuring it aligns with business goals and user needs.

Step 2: Find the Blockchain Protocol

Choose the appropriate blockchain protocol (e.g., Ethereum, Hyperledger, Binance Smart Chain) based on the use case requirements, such as scalability, security, and flexibility.

Step 3: Set Up the Nodes

Configure the nodes that will participate in the blockchain network, ensuring they are securely connected and synchronized.

Step 4: Develop The Blockchain Protocol

Customize the chosen blockchain protocol to meet the specific needs of the project, including consensus mechanisms, transaction validation, and network rules.

Step 5: Implement Blockchain APIs

Develop and integrate APIs to enable seamless interaction between the blockchain and other systems or applications, facilitating data exchange and functionality.

Step 6: Build Smart Contracts

Develop smart contracts to automate processes and enforce rules within the blockchain network, ensuring accuracy and reliability.

Step 7: UI/UX Design

Design user-friendly interfaces for interacting with the blockchain system, focusing on usability, accessibility, and aesthetics.

Step 8: Launch and Deploy Public Blockchain

Deploy the blockchain network, conduct thorough testing to ensure security and functionality, and officially launch the public blockchain for use.

Tech Stack Of Public Blockchain Development

Public blockchain development utilizes a variety of technologies, including:

• Blockchain Platforms: Ethereum, Binance Smart Chain (BSC), Hyperledger, Polkadot

• Programming Languages: Solidity, Go, Rust, JavaScript

• Development Frameworks: Truffle, Hardhat, Remix

• APIs: Web3.js, Ether.js

• Databases: IPFS, BigchainDB

• DevOps Tools: Docker, Kubernetes, Jenkins

Why Prefer Osiz for Public Blockchain Development?

Osiz is a world-class Public blockchain development company that offers the best public blockchain development services. A team of experienced blockchain developers with deep knowledge of various blockchain technologies and protocols. Moreover, we provide personalized solutions to meet specific business needs and use cases. We offer rigorous security practices to ensure the integrity and safety of the public blockchain network. Our continuous upkeep and support system with the latest advancements will bring more efficiency in blockchain technology. Being in the industry for more than 15 years and delivered projects in various global countries, we understand your requirements and provide you with the best solutions.