Blockchain & AI Development
Blockchain technology and artificial intelligence (AI) are two of the most revolutionary technologies of our day. Taken individually, they have the power to completely change a wide range of businesses as well as the way people interact in the social and economic spheres. Together, they open up a world of possibilities that can enable a new wave of applications that gain from both the security and transparency provided by blockchain technology and the enormous productivity improvements made possible by AI.
The Coming Together of Blockchain & AI
Deep learning models use complex neural networks that imitate the cognitive functions of the human brain to process enormous volumes of data, find patterns, forecast outcomes, and facilitate decision-making. A blockchain network provides an Internet-native, transparent, decentralized, and censorship-resistant economic settlement layer that minimizes trust and allows for immutable data storage and permissionless digital transactions.
Blockchain Consultancy Services
Building a business based on blockchain or does your business require an application of blockchain technology, being a top software solution company, Yatiken provides knowledgeable blockchain consultancy to help you introduce effective blockchain solutions. Our blockchain software engineers thrive at creating extremely competent solutions that are reliable, safe, and in line with accelerating your business objectives, whether you are beginning from zero or redesigning the current system.
What applications does blockchain have across industries?
Energy:
Blockchain technology is being used by energy companies to provide peer-to-peer energy trading systems and to simplify the process of obtaining renewable energy. For instance:
Energy businesses that use blockchain technology have developed a marketplace where people can buy and sell electricity to each other. Using this platform, solar-paneling homeowners can sell their extra solar energy to nearby residents. The majority of the procedure is automated: blockchain records the transactions that smart meters produce.
Media and Entertainment:
Blockchain technologies are used by media and entertainment companies to handle copyright data. Verifying copyright is essential to paying artists fairly. To document the sale or transfer of copyrighted content, many transactions are required. Blockchain services are used by Sony Music Entertainment Japan to improve the effectiveness of digital rights management. They have effectively reduced expenses and increased productivity in copyright processing by utilizing the blockchain technique.
Money:
Blockchain services are used by established financial institutions, including banks and stock exchanges, to handle online payments, accounts, and market trading. For instance, blockchain technology is being used by Singapore Exchange Limited, an investment holding company that offers financial trading services across Asia, to create an interbank payment account that is more effective.
Retail:
Blockchain is used by retail businesses to monitor the flow of goods between suppliers and customers. For instance, Amazon Retail has submitted a patent application for a distributed ledger technology system that will make use of blockchain technology to confirm the authenticity of every item sold on the platform. By enabling parties like manufacturers, couriers, distributors, end users, and secondary users to contribute events to the ledger after enrolling with a certificate authority, Amazon merchants may trace their global supply chains.
How much do blockchain app development services cost?
The cost of blockchain software development services depends on various factors such as the complexity of the application, the number of stakeholders interacting with the app, industry compliances, etc. However, on average, blockchain mobile app development costs can vary from $40,000 to $300,000. Get in touch with us now to get a quote for the services.
Why Choose Yatiken for Blockchain & AI Development?
Yatiken is at the forefront of blockchain and AI development, with a team of experts who possess in-depth knowledge and hands-on experience in these cutting-edge technologies.
We leverage the latest tools and techniques to create innovative blockchain and AI solutions that drive efficiency, and scalability
Our track record of successfully delivering blockchain and AI projects speaks for itself, demonstrating our ability to turn concepts into reality and deliver tangible results.
We understand that each project is unique, which is why we offer customized development services tailored to your specific requirements.
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