Encrypt your data with blockchain development outsourcing in Vietnam

Blockchain

As technology continues to advance, it's important for businesses to stay up to date with the latest trends and innovations. One of the most talked-about topics in recent years has been blockchain, a revolutionary technology that has the potential to transform industries and change the way we conduct business.

At Dirox Labs, we specialize in blockchain development services, helping companies harness the power of this technology to take their operations to the next level.

With our expertise and experience, we can help you integrate blockchain into your business, keeping your data and transactions secure and enabling you to move forward with confidence in this digital age. Contact us today to learn more about how we can help you leverage blockchain for success.

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Introduction to Blockchain

Information is a critical asset that drives modern society. From facts and data to text, images, videos, documents, and sound, every piece of information is now stored digitally. However, this also makes it vulnerable to theft, misuse, and alteration, especially sensitive data like credit card numbers or business strategies. To address these concerns, blockchain technology offers a secure and decentralized way to store and manage digital information.

Blockchain is a shared database that uses cryptography to ensure that data is recorded and distributed securely, without the need for intermediaries like banks or other trusted third parties. Once data is added to the blockchain, it cannot be edited, deleted, or altered, making it tamper-proof and immutable. In addition to its applications in cryptocurrency, blockchain is also used in a range of industries, including insurance, real estate, logistics, and supply chain tracking.

There are three types of blockchain: public, private, and hybrid. Public blockchains are open-source platforms that allow anyone with an internet connection to access and verify transactions, as well as view historical records. Private blockchains, on the other hand, are typically used within organizations or among trusted parties, where access is restricted to authorized users. Hybrid blockchains combine elements of both public and private blockchains, allowing businesses to choose which information to make public and which to keep private.

At our company, we offer blockchain services as a third-party provider, helping businesses create and manage blockchain-based networks using cloud technology. With our expertise, we can help ensure that your data is secure, transparent, and accessible to those who need it, while also maintaining the privacy and confidentiality of sensitive information.

Our Company’s Offshore Blockchain Services

  • Blockchain consulting
  • Smart contract development
  • Public blockchain development
  • Private blockchain development
  • Hybrid blockchain development
  • Blockchain network management
  • Tokenization development
  • dApps (decentralized apps) development
  • Blockchain-based marketplace
  • Business blockchain platforms

Why Use our Outsourced Blockchain Services?

  • Spread trust by keeping a permanent record of all transactions
  • Secure your information using blockchain technology
  • Reduce overhead costs by removing intermediaries with a decentralized platform
  • Improve existing processes and enable new business models
  • Increase trust and transparency between the participants of the blockchain-based network

Applications of Blockchain

  • Track goods as they move throughout the supply chain in real-time
  • Protect patient’s personal information and medical history in the healthcare sectors
  • Buy and sell your real estate with ease by reducing fraud and offering transparency
  • Administer welfare programs while reducing costs of operation
  • Utilize smart contracts in finance, banking, insurance, and other industries

Why Choose Dirox?

Pioneers of the Field

Dirox Labs was created to study and help businesses transform with the continuously evolving technology. We have an assembled team of unmatched talents who are development and innovation experts.

Offshore Efficiency

Tap into the best of blockchain technology with our Vietnam-based team, offering cost-effective solutions that redefine your business.

Blockchain Across Industries

From Finance to Logistics, we tailor blockchain solutions that address the unique challenges of various sectors, making your business stand out.

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Your Questions about Blockchain Technology

Have other questions? Get in touch with our team via contact@dirox.com
What is the difference between Blockchain & traditional Database?
The main difference between these two concepts is centralization. In a traditional database, one party can pay or hack to change the data in a way that benefits them, or someone outside of the network meddles with the data without any party involved knowing. In a blockchain system that uses a distributed ledger technology, every participant has a copy of the transactions which helps the system keep records in check and automatically remove unverified changes which reduces fraud, promotes transparency and security in the network.
What is the difference between Public Blockchain & Private Blockchain?
A public blockchain is an open source platform where anyone with internet access can join and participate in core activities of the blockchain network such as viewing current & past records as well as verifying transactions. Examples of public blockchains include Bitcoin & Ethereum, where users can access the chain and add blocks. Private blockchain networks only allow selected users to view and create information. A participant can only access these private networks through authentic and verified invitations. A private blockchain is often used in enterprises and organizations to give them full privacy, higher efficiency, and lower cost of operations. Another key difference is that public blockchain is largely anonymous where the identity of participants is not disclosed, while private blockchain does not hide users’ information.
Is Blockchain only useful in Fintech?
Blockchain can be implemented in all types of industries! However, the impression that blockchain and Fintech go hand-in-hand may come from the fact that it is most used in this industry. The rise of cryptocurrency has taken the finance industry by storm, cash on hand is quickly being put into digital wallets to make transactions faster online. Blockchain technology rises with it, keeping all records transparent and secure. There are many other applications for blockchain in various other industries. Examples include utilizing blockchain for a smart contract to execute trusted transactions and agreements between anonymous parties or creating decentralized applications that safeguard user privacy and allow flexibility of development.
What are “Smart contracts”?
Smart contracts use blockchain technology to carry out predetermined conditions so that when met, will trigger outcomes. They authorize transactions between anonymous parties in an accurate, timely, and tamper-proof manner. Smart contracts are written in different programming languages and are popular on many crypto networks but most popular on the Ethereum network. When executing a smart contract on the Ethereum network, users generally have to pay a fee called “gas” (called so to keep the blockchain running), and once deployed, they cannot be altered again, even by the creator.