Blockchain in Manufacturing Industries

Hire Blockchain Developer

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.

The efficiency in which Blockchain processes transactions, companies are already
looking to blockchain to solve other problems. Blockchain having improved
tracking capabilities in supply chains can turn a manual, multi-day process into
an automated function that takes only seconds.
Leading technology companies like Bosch and Cisco Systems and numerous
start-ups, is developing an open-sourced standard for integrating blockchain and
the IoT, which will unleash the Blockchain’s potential in manufacturing.
From sourcing raw materials to delivering the final product, Blockchain can
increase transparency and trust at every stage of the industrial value chain and
is also it is influencing manufacturing today in following ways
 

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?

Blockchain technology can be used in several ways to create and add value to
the existing manufacturing industries

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

Blockchain technology provides solution to some of perennial problems which
manufacturing industries face

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

Hashgraph logo
HyperledgerLogo
Corda Logo
Ethereum Logo
Tezos

Front-end

Angular Js
React logo
Bootstrap

Back-end

Node Js
Python
Java
Express Js

Mobile Application Development

Swift
React
Ionic

Database

Mysql
Oracle
Mango DB

Servers

Amazon We services
Google Cloud

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.

development Process

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.

What is Enterprise Blockchain
Enterprise Blockchain Developers In India

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.

Hire Blockchain Developer | Hire Dedicated Blockchain Developer

Long Term Contract

25$/hr

Minimum one year

Hire Dedicated Developer

Short Term Contract

30$/hr

Minimum six months

Hire Dedicated Developer

Consultancy/Bug-Fixes

40$/hr

Minimum one hour

Hire Dedicated Developer

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

1
Responsible for the architecture and design of Smart Contracts, Oracles and DAPPS based on a distributed blockchain-based network.
2
Our developers have minimum 5+ Years in software development experience, 3+ Years in Blockchain
3
Knowledge of R3 Corda and Quorum Blockchains. Strong knowledge of Ethereum and Hyperledger
4
Knowledge of R3 Corda and Quorum Blockchains Smart contract development experience in Solidity/GO
5
Hands on experience with Truffle, Web3.js and other Blockchain developer tools Strong software development background
6
Strong knowledge of common algorithms and data structures Strong knowledge of concurrency and writing efficient and safe multithreaded code

4

Developer should have the knowledge of fundamentals of blockchain, smart contracts, Consensus, governance etc.

5

Experience and awareness of socket.io library is something you have to check for, because, web sockets help create real-time applications like chat and even games.

6

Experience and awareness of socket.io library is something you have to check for, because, web sockets help create real-time applications like chat and even games.

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

hyperledger developers
Hire Hyperledger Developer
Crypto exchange developers
Hire Emerging Technology Developer
Hedera Hashgraph Developers
Hire Hedera Hashgraph Developer
enterprise technology developers
Hire Enterprise Blockchain Developer

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.

which is done by us and if it breaks or messed by us we will generally fix it right away. It is rare
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

Want to explore ?
  • 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.

Shiv Aggarwal

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.

Gary Guo

Software Engineer, Google

Think Big, Act Fast

Speed up your Hedera Hashgraph adoption with our proven framework

Thanks for contacting us, we will reach you in 24 hours, if you need to contact earlier please ping us on whatsapp +91-9035771700.

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