Blockchain in Manufacturing Industries
Hire Blockchain Developer
Malaysia airline
Houm
BlockApps
Hbar Price
CoinDCX
MentorBOx
Earth.ID
Inlaks
Hashing Systems
TATA communication
What are the basics of blockchain technology?
Blockchain is known as ‘Distributed Ledger Technology’ (DLT), is an increasing record of files, known as blocks, which are Connected using cryptography. Each block identifies the prior block and together create the blockchain. In Blockchain document timestamps couldn’t be tampered with timestamps of files, hence rendering it tamperproof and powerful in safety. Transactions over Blockchain need not be financial in nature. Whenever a user does a transaction or submits an update, the automated process of ledger prompts other participants to approve it. Thus, without the need of any third party, network users can confirm the transactions. It is time-stamped, cryptographically signed, and gets added to the block after the validation. Now, the new block becomes an immutable record of all transactions.
We are one of the Leading Blockchain Development Company fro Manufacturing Industries. We offer best Custom Blockchain Development Solutions & Services to solve complex business problems
Rejolut is a Blockchain Development Company fro Manufacturing Industries to deliver build fast and robustly secure Blockchain Applications for financial as well as other purposes at lightening speed. Hire Blockchain developer from the leading tech company as per your requirement.
How is blockchain changing the manufacturing industries?
Rejolut is one of the leading Blockchain Development Company which is working with leading brands across the world like Hashing Systems, Hbar price, Earth ID, Tata Communication, Malaysia Airline etc.
Supply-chain monitoring for greater transparency
Materials provenance and counterfeit detection
Engineering design for long-duration, high-complexity products
Identity management
Asset tracking
Quality assurance
Regulatory compliance
Blockchain development platforms we work on
Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.
Ethereum
Ethereum is an open-source blockchain-based distributed computing platform and operating system featuring smart contracts functionality. Ethereum was the first blockchain project to install smart contract technology, which eliminates the need for third party to enter into an agreement
Corda
Corda is an open source blockchain project, designed for business from the start. Only Corda allows you to build interoperable blockchain networks that transact in strict privacy. Corda's smart contract technology allows businesses to transact directly, with value.
Hashgraph
Hashgraph is a distributed ledger technology. It is an asynchronous Byzantine Fault Tolerance consensus algorithm capable of securing the platform against attacks.
EOS
EOS is a Blockchain platform which is powered by native cryptocurrency named as EOS. Its is a decentralized operating system which can support industrial large-scale dApps.
Stellar
Stellar is an open source network for financial products, with Stellar one can create, send and trade over digital assets.
Tezos
Tezos is a platform linked to a digital token, called a Tezzie or Tez, which is a decentralized blockchain platform that is self-governing and establishes a true digital commonwealth. Here token holders get a reward for participating in the proof-of-stake consensus mechanism, as platform is not based on the mining of Tez. Tezos is a smart contract and dApp platform. What makes it unique from other platforms is its self-amending cryptographic mechanism.
Tron
Tron is a Blockchain platform based upon cryptocurrency named Tronix, which is decentralized nature and used to create high performance Blockchain apps
Blockchain Development Experts
What are benefits offered by Blockchain
Having more than 2+ years of cumulative experience developing Blockchain Applications on different platforms, we understand you requirement better than else and capable of delivering at lightening speed. Hire Blockchain developers as per your requirement from leading tech company.
Trust
Blockchain creates trust among all the participants, as it validates every transaction and holds a single version of the truth which all can trust.
Security
Altering a ledger or deleting data becomes virtually impossible for external parties as with cryptographic signatures, automated verification, and decentralized storage users can append data to a Blockchain.
Automation
Network participants can set up a wide range of self-executing agreements, contracts, and smart contracts in the Blockchain ledger, which conveniently automates the repetitive processes. Any contract triggered by measurable conditions can be executed by Blockchain.
Resilience
Blockchain can continue to operate even if part of the network fails, as database is distributed across the multiple locations in the network. Even if a participating party exits the network none of the data on the blockchain will be lost.
How can blockchain create value in manufacturing?
Enhancing Track and trace
Blockchain technology is being used by companies to track exchange data easily,accurately, and securely within complex supply chains. As features of Blockchain like immutable, permanent digital record of materials, parts, and products leads to end-to-end visibility and providing a single source of truth to all participants. Such beneficial features come handy when supply chain multiple participants with independent IT systems or there is lack of trust among participants
Monetizing and Protecting critical intellectual property
Manufacturing industries across companies always face an imperative to protect IP. Here Blockchain comes here with the solution, where it helps to prove that a particular company owns IP in the event of a patent dispute. Eventually it helps acompany protect and maintain control of IP when monetizing digital assets, like where a company that owns the IP uses a licensing model to make the proprietary information available through the blockchain to the company that produces the part.
Simplifying and Safeguarding quality checks
Blockchain creates immutable documentation of quality checks and production process data, which helps customer track and trace inbound parts along a supplychain. The production setup must include automated quality checks that generate and write measurements so that the database uniquely tags each product and automatically inscribes every transaction, modification, or quality check. The need for inbound quality control to verify checks that the supplier performs can be eliminated with this use case as it supports multiparty access todata
Inducing machine-controlled maintenance
Blockchain technology can help in enabling automated execution of and paymentfor scheduled maintenance, where a machine which requires maintenance can make a service request by generating a smart contract. Similarly, payment gets released automatically when service request is fulfilled. To make this happen users need to append service agreements and installation documentation relatedto each device to the blockchain record, creating a digital twin of the device. In a similar way in-house maintenance can also be performed, where blockchain record can serve as proof to equipment providers that the team has executed maintenance in accordance with rules in the warranty and guarantee agreements.
How does the manufacturing industry work today?
The adding of value to raw materials by turning them into usable products for consumers and this process is said to be as manufacturing. In manufacturing sector’s supply-chain there are involvement of various entities including people, knowledge process, physical resources, financial contracts and transactions. The tracking of product’s movement over such different entities makes it much more complex issue in the chain. The data stored in multiple databases leads to limited access of it by various entities and product’s manufacturing information in the supply-chain can’t be shared with clients.
Advantages of blockchain in manufacturing industries
Bypassing middlemen
Blockchain based solutions can let the merchants to place orders directly to the registered manufacturers to get the orders quickly by eliminating the middlemenconveniently.
Quality control
Blockchain based solution uses smart contracts and by integrating IoT based devices can ensure that the quality of the products is maintained at stringent levels. Also execute the payments process for goods automatically if set conditions are met as mentioned.
Traceability
Tracking of goods to know their initial production or vital information regarding certification, quality checks, materials used and technical documentation come accurate with Blockchain, as its data is timestamped and cannot be altered by any third party that helps in bringing the traceability in the supply chain.
Payment
Payment which was earlier manual and involves third parties to verify and make payment, now with smart contract enables faster and automatic payments with better cash flow to manufacturers and suppliers
Marketing and sales cost
The buyers or merchant candirectly connect with the small manufacturers in Blockchain based manufacturing platform, whom can offer quality products, goodpricing quotes and on-time delivery. It further promotes more fair and competitive pricing as it eradicates a major chunk of marketing costs.
Technologies We Work On
Blockchain
Front-end
Back-end
Mobile Application Development
Database
Servers
Rejolut Blockchain Development Process
Rejolut Technology provides Custom Blockchain Development Services to startups and Enterprises. We are working with the Fortune 500 Brands. We develop an nimble software development approach for all types of development projects. We have dedicated team of software engineers with decades of experience and track record of delivering successful projects before the committed date and time.
What is Blockchain?
Blockchain is a growing list of records, called blocks, that are linked using cryptography. Each block refers to the previous block and together make the Blockchain. Blockchain is not just a technology but also the next generation of the Internet that has varied applications in day to life.
How Blockchain Works?
Blockchain is known as ‘Distributed Ledger Technology’ (DLT), is an increasing record of files, known as blocks, which are Connected using cryptography. Each block identifies the prior block and together create the blockchain. In Blockchain document timestamps couldn’t be tampered with timestamps of files, hence rendering it tamperproof and powerful in safety.
How We Get Blockchain Development Done
Transparency
We ask our clients to participate in a deeply collaborative process. You’ll be in constant communication with your team every step of the way.
In depth knowledge
We are one of the Top Blockchain Development Company who has the capabilities to go very deep inside the code of blockchain to solve the business problem. We can even rewrite the libraries and sdk.
Customer obsession
We are obsessed to serve you better than any other Blockchain consulting firm. This obsession leads us to go extra mile for all our customer. Your priorities are our priorities. Your goals are our goals. Your success is our success.
Code Quality
We treat your project as our own. We always keep in mind the scalability, security and reusability before writing a single line of code. All the code which we do will be shared by you from the day 0 in GitHub repository.
Better, stronger & faster
We move quickly. A fast-paced and aggressive approach will be the catalyst for our engagement and iteration. Staying agile allows us to prioritize needs, test earlier, and land on the best possible solution.
30 days free warranty
We are so confident about our deliverables that we provide 30 days free warranty for any issues or bugs arises in the code written by us. Although it does not happen normally but if it happen we will solve it for free.
Let’s build something awesome using Blockchain
Frequently Asked Questions About Blockchain In Manufacturing Industries
Blockchain technologies have the potential to radically change the face of manufacturing, according to Syncron. Blockchain, most commonly associated with cryptocurrencies such as Bitcoin, is a digital ledger technology which can be used to store and record transactions.
Increasing visibility across every area of manufacturing starting with suppliers, strategic sourcing, procurement, and supplier quality to shop floor operations including machine-level monitoring and service, blockchain can enable entirely new manufacturing business models.
Checklist while Hiring Blockchain developer
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Our innovative hiring | Training process
Our HR team source the resume from best colleges/companies based on the job description
Once we filtered the right set of candidate we provide them the algorithm and domain specific online tests
Once selected the first round we call them at our headquarter in Mumbai for 3 F2F round and meeting with team
Once the developer is on-boarded we deploy them in live projects for 3 months before available for hire by the clients
Rejolut by the Numbers
30+
Projects
Completed
5+
Startups
Got Funding
5000+
Entrepreneurs
Consulted Worldwide
150K+
LInes of Code
Deployed
2
Development
Centers
25+
Global
Workforce
Why Hire Blockchain Developer from Rejolut?
Dedicated Resource
We provide you dedicated resource who only focus on your project which leads to quality code and faster implementation
Daily/Weekly Reporting
Our developer provide you the daily & weekly reporting. We follow Trello for task management & slack for hassle free communication
Scalable Framework
Our proven framework will led you to scale the team on demand keeping the quality intact
Remote Capabilities
We are the remote first company and all our developers have experienced in working remotely
Flexible cost
You can hire from us a dedicated developer or a dedicated team or to solve a small issues
Managed Service
Our all developers are managed by a highly qualified founding team who are responsible for quality delivery on time
Other related service from Rejolut
Insights
Top 20 companies in 2020 for Corda Development
Top 10 Trending Technological Trends in 2020
Top 10 companies in 2020 for Enterprise Blockchain
We believe in winning and help you to win
Contribution to Open Source Projects
We constantly innovate and contribute to open source projects. Currently, we have contributed to two open-source projects iOS SDK for Heders and Custom Model to parse resume using ML & AI.
Working with Fortune 500 companies
We are fortunate enough to work with fortune 500 companies like Malaysian Airlines, Tata group, Jazeera Airlines etc in a very short span of time
Believe in winning
We are the winner of a couple of Blockchain Hackathon nationally and internationally
Helped start-up to bag multi million dollar funding
The product which we have developed got multi-million dollar funding and also get selected in the top accelerators and incubators
First in the world to deploy smart contract
We are the first in the world to deploy the smart contract in Hedera Test Network.
Producthunt Golden Kitty Award
One of the products developed by us is selected for the ProductHunt Golden Kitty Award in 2019 in Dev Tool category
Selected as the Startup of the week
We got selected as the Blockchain Startup of the Week in 2019 by INC42, One of India's leading media pltform
We got covered
The product developed by us got covered by Markets Insider, PR Newswire, Inc42, TechCircle, Forbes etc
App got selected for Google I/0 2019
The app developed by us got selected for presentation in Google I/O 2019 to demonstrate Flutter Use-case in beauty Industries.
Happy Customer
We are the customer first agency and our obsession to solve customer problem differentiates us from other agency. We believe in a philosophy that “Your happiness is our happiness and as you grow, we grow too”
Frequently Asked Questions
We provide you the managed service which means all our developers are managed by the founder itself who takes over all the technology & architectural decisions as long as the decisions are within the parameters that the business has set.
We understand the importance of data security and Intellectual property rights, so we have taken it very seriously. We follow these steps to safeguard it:-
1) We sign the NDA before any engagement.
2) Our all the office is protected by biometric door access control system and has only the limited access.
3) Access of any code or data is only available to the senior employee.
4) Our all employee is bound to sign the NDA before joining to protect the customer from any data or information breach.
that you find the error post-launch (very rare!) but if it does happen, we will jump right on it. If the
code needs fixing because of the issue uncontrollable by us (like third-party libraries and plugins)
we offer a 30 days warranty for free support and fixing.
Naturally, our warranty does not include any fixes or changes done by you (client’s team). So if
someone in your team decided to go into the code and change thing up fixes will additionally cost.
We have taken our communication very seriously. The TAT for any queries by client is one hour in slack & one day in mail.
Delivering the product on time is the only priority for us so if required our team is also present on client’s time zone along with weekends or on holidays.
We are a pixel perfect development agency. We do understand the importance of UI/UX in development process as it helps in increasing brand’s ROI, attract more users, reduce funnel drop, increase product presence in multiple screen sizes, increase retention etc.
Our Team
Vishal Dharmawat
Blockchain Expert & Consultant
Rahul Asati
Blockchain Expert & Delivery
Adopt Blockchain in Manufacturing industries in 2020
- How does Blockchain works?
- Is Blockchain open source??
- What are challenges is blockchain adoption?
Success Story
“Deliverables are of premium quality at lightening speed which saves a huge cost on technology”
Rejolut is a great company when it comes to custom blockchain development. They are obsessed about quality deliverables and customer satisfaction.
I am happy to recommend them for any custom blockchain development.
CEO, Myearth.id
“Customer obsession are of different level”
I worked with them at Mentorbox. They provide a fantastic technology consultancy with fast and accurate results to deliver high-quality product development. The founders are creative, knowledgeable and technical experts with vast experiences in many industries.
Software Engineer, Google
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