Is Blockchain Technology a Solution to the IoT Security Issues?

Blockchain Technology

There are tremendous possibilities in the field of the Internet of Things and Blockchain technology. IoT deals with receiving and transmitting large amounts of data through systems and devices in real-time.

There has been recent adoption of blockchain technology in the last years.  Since it has provided the underlying framework for the cryptocurrency Bitcoin, many industries are depending on the technology. It ensures the protection of data and communication, and it successfully provides privacy and security to businesses. The data in the IoT has to flow across various devices, machines, and integrated solutions that have analytic capabilities. While the data moves in the network of devices, it has to pass through a variety of administrative borders. In such a scenario, to manage the data and have proper functioning of the entire IoT system, there is a need to collaborate with security technologies like Blockchain.

IoT Security Issues

The IoT ecosystem is based on a centralized model, which means that the devices and machines are recognized, linked, and tested using cloud facilities with a large amount of data storage. The internet is the mode of conduct for these devices, even if the devices are miles away or as near as two steps. Massive amounts of costs are incurred in setting up an IoT Ecosystem, as many devices are required to connect via the internet. Accordingly, the rate of communication through these channels will also increase that will need managing issues like their scalability and maintenance. Furthermore, Cloud services are the next bottleneck that is essential for the smooth function of the IoT system.

Blockchain

In the blockchain, the data is upheld in a dispersed record book called the ledger to retain data proceedings and dealings. Transactions are related to participants and recorded in the form of blocks with an associated timestamp. Since technology is dispersed in nature, there is no dominant power or supervisor. The main aspect of this technology is that it is based on the cryptography algorithm that prevents distortion of data and ensures high security. With the hash included in every record to the previous record, it is impossible to replace and make any alterations with the records. Hence, it has a security mechanism that saves it from tampering.

IoT and Blockchain

The amalgamation of blockchain with IoT has led to the protection of IoT. The decentralized facility of blockchain to IoT networks will solve many security issues of the ecosystem, making it more scalable, trustworthy, decentralized, and autonomous. The team of both technologies will ensure effective processing of multiple transactions, and help in tracking and coordinating millions of devices, machines, and so on. The entire approach is to manage the tasks and things at all levels in the IoT ecosystem.

Blockchain technology can be easily used in two ways to provide IoT network security. The company can incorporate all the devices and machines to carry on transactions and transmit the data, and then it can be linked with the Blockchain network through the Blockchain app development company. Or another way is to implement the quick contact via Ethereum that will automatically automate the smooth process of secure exchange of messages between the connected devices and machines.

Conclusion

Business companies have many IoT security challenges. Whatever ways one may organize the IoT system and networks; there will be one or the other nitty-gritty that will come up now and then. Especially in the case of large IoT ecosystems, that have scalability and maintenance-related issues. So the new combination is trending these days. Our iPhone app development company has been dealing with IoT app development and blockchain app development as it helps in the smooth functioning of the IoT network system. Contact our expert developer to discuss your idea about your IoT business app development.

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After Uber, PayPal MasterCard and Visa- Facebook to Launch Cryptocurrency

Cryptocurrency

Facebook being the world’s largest social media platform has more than 2 billion users worldwide. After playing on such a large scale, Facebook is now ready to launch its Cryptocurrency- Libra, which the users can use by sending digital coins to one another to purchase on Facebook and the internet.

What is the reason behind launching a new Cryptocurrency?

Facebook has been planning to develop a stable coin that is a digital currency attached to the money issued by the government, to reduce its unpredictability. Its price will remain stable, so it is also called a stable price currency.  It plans to have the currency in 12 countries by the year 2020. Libra association is an autonomous group that will govern the new digital coin, and it intends to remain autonomous of the parent company Facebook Inc. It is decided that none of the group members will have any control over the currency and that they are only limited to verify the transactions and maintain the records of the cryptocurrency chain.

Libra

The new Cryptocurrency can be used on the existing social platforms like Messenger, WhatsApp, Instagram, and WeChat in China.  According to the latest report from the Wall Street Journal, Silicon Valley is a group of leading companies like Visa, MasterCard, Uber, PayPal, and many others that are backing up the upcoming latest currency. Altogether 100 companies are set to capitalize USD 10 million each to raise the development of the money. The new launch is expected to open a new source of revenue generation for the company which has been struggling.

About Libra- Stable coin

Libra is nowhere near other crypto currencies like Bitcoin, etc., as it has strict rules and regulations for its action. The Libra group of association has met with the Bank of England governor, various money transfer companies along with the US Treasury officials to discuss the risks and opportunities involved in the whole venture. It would not be wrong to compare Libra with the Blockchain oriented payment methods like JPM coin and many more. The popularity of the stable coin is due to its contract compatibility and its predictability, unlike the actual currencies which are highly volatile. Also, the transaction cost, which is increasing ever since then is a reason for it is now and then in the news.

Is it a parallel economy?

Without any doubt, Facebook has already enhanced the way people communicate with each other and given a new picture of the mode of communication. The level of acceptance for Libra among the people is huge as it is a Stable coin. With the terminal similar to ATMs where people can exchange their digital currencies, they will need a large number of funds to establish the physical infrastructure. It is also believed with the incoming of stable coin more number of people will start to have faith in the digital mode of currencies. It will even prove valuable to people who are living in developing countries.

Conclusion

Soon Facebook will allow people to shop and spend money on things to their loved ones at zero fees, which is its way to reinvent the money. With support from expected financial companies, Facebook will be able to launch its new blockchain-based Cryptocurrency by 2020. Our blockchain app development company has already drawn the attention of leading firms with the successful blockchain app development. Contact our app developer for your business app now.

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How to Make Your Business More Active via React Native App Development?

React Native App

There are many app development frameworks available in the market. React Native framework is a cross-platform framework that is most widely used to develop large applications for Android and iOS devices. Mobile app developers can develop highly responsive React Native app development solutions leveraging the potentialities of this cross-platform framework.

In the current era when the majority of businesses strive to deliver the best user experience to their users, the users look for a quick and reliable source of information at a single click. Irrespective of the size of the business company, the development of responsive mobile applications is more critical. Like many others, the React Native app development is one of the most extensively used open-source, cross-platform app development frameworks to develop more responsive apps. The framework also goes easy on the pocket of the owner. Of the famous brand names whose applications are used in the daily lives are developed using the same technology, like Facebook, Tesla, Skype, Instagram, etc.

Why should one go for React Native app development?

Extremely cost-efficient

Usually, for new start-ups and already existing businesses, cost investment is the prime concern. Investing in the websites when a company is looking for quick returns leaves the company with a choice that offers them immediate benefits. In that case, React Native app development is the right choice to establish the name and yet withstand high competition in the market. The framework is cost-efficient and proves profitable to the company by saving time and capital.

The cross-platform app development process

The fact that the React Native is a cross-platform framework; it uses the same code for developing mobile applications for both iOS and Android devices. It offers the same level of performance, functions on both the platforms without much of a hassle. It has surpassed all the old ways of developing an app that required a programming language like Java to develop an app first for iOS and again develop an app separately for Android. The cost, labor, effort, and the time put in the work were way too much. Now hiring an expert JavaScript developer who is brilliant in working with native user interface libraries, API’s, etc. is all that needs to be done.

Grow quickly with React from a web page to a mobile app

The framework has its all module separate with an in-built code intersection, which makes it easier for developers with any level of expertise to understand the code written to run an app. Developers with knowledge of JavaScript technology can easily do without professional training in the React Native framework.

A native app-like functionality

The basic foundation of an app is if it provides features, functions, and experience of a native app. The React framework makes the use of a graphical processing unit to integrate the user interface easily. Unlike other application development frameworks, this framework allows the developers to develop applications at a faster pace and thereby maintaining pace with the agility of the app.

Low on memory consumption

The compatibility with 3rd party plug-ins along with the framework tools allows the app to have a smooth performance during run time. The separate module strategy, as discussed above, helps in the effective integration of 3rd party tools. Since the majority of the code is used during run time, and cross-connection is no more essential. Therefore it has been seen that the framework uses less memory.

React Native will last long

In the coming ten years, the React Native will rise and gain more popularity and fame. With its user-friendly manual, every developer feels comfortable to work with this technology. It has already risen in the mobile app development market in no time. Moreover, Facebook regularly keeps upgrading the framework from time to time to make it all the more efficient.

Revolution in the field of mobile app development

Since a single code is used to develop apps for both the iOS and Android app development, it has led to a decrease in unwanted bugs and has improved the process of app development. Being an easy framework, it is a favorite of app developers and ruling the app development market.

Conclusion

It is time to have an app that can surpass all other apps in the market with its responsive interface, feature, and functionality. With the growth of competition in the market, the start-up and leading companies are switching to hire React Native app developers for their business app. It’s time!  Do not hesitate to turn to a new world of app development to enhance your customer experience. Contact our React Native app development company today to make your way to a successful, responsive business app.

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Reasons Why Python is Popular in the Enterprise App Development

Python

Python, with its flexibility, robust traits, along with the availability of resources, has been one of the top choices of the developers of a Python development company. Being one of the best programming languages, many business companies are investing in enterprise app development and counting on the Python app development company to develop their business applications.

It is significant to understand that to survive in today’s market; it is essential to growing with the ever-evolving digital technology. For this reason, enterprise software development is carried out to improve the productivity and other operations. The software consists of tools that are customized to satisfy the need for big organizations.

The demand for automated tools and databases has increased tremendously among leading business firms. The Python developers can build software which is powered by either of the machine language or internal web apps. With less amount of coding and many features, the technology can develop any type of software.

Python is an object-oriented language that is easy to learn, being dynamic, and modular its portability makes it the first choice for web app development company. Business firms like Instagram, Facebook, Spotify, Netflix, Google, and so many more are using it for cloud computing, web apps, backend support, and other software development, etc.

Benefits of Python

Extremely scalable

Python is a highly scalable language that can take over any size of jobs. With the ability to support any kind of paradigm, it can assist procedural to functional; and object-oriented models no matter of whatever sizes they are. The language can quickly code the functions on a large scale in less time as compared to the other languages that would undoubtedly take more time for the critical function. Thus, it reduces the overall development costs. So, the language is capable of building any size of the software.

Library support

The Python developers have the liberty to use various libraries and already built, tried, and tested modules and codes without conceding with the quality and characteristics of the software being developed. Various libraries like Pandas that have performance rich data structures, Numpy which is used for mathematical computation along with Python, Keras is used for writing neural networks and for machine learning, Tensorflow that was released by Google to develop features and modules like image recognition and detection.

Super-fast prototyping

The language is quick in prototyping and proves out to be the best choice to check the feasibility of the project in initial stages. It is also convenient to switch to the solution from its prototype easily, and no detail is lost on moving onto the next stage of the prototype stage.

Easy to decode

As compared to other programming languages, Python is a clear language. Writing and deciphering the codes is more intuitive for the developers, and thus, studying the work of other developers is even simpler. This makes it all the more famous among the developers. Debugging is secure, and all the stages are carried on quickly, and the product can be delivered in the market with ease.

Open-source environment

The developers can play with a wide range of tools in developing projects like graphical user interface, web development tools, image processing that aid in easy and speedy handling of the projects. Furthermore, ready to use modules and codes are available for use to enhance the process of development.

Conclusion

Python offers various benefits to the developers like developing the prototype in less time, with rich functions and features with the help of available libraries. With a large community to offer support with the vast following, developers regularly develop projects with core functionalities of the language. Are you wondering about hiring a developer for your business app? It is time to get in touch with our web app development company that has many adroit developers to develop your business apps and software using Python.

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