BlockChain Development
Blockchain development services assist in the creation of decentralised software with full traceability and data and transaction security.
Rayi system Provides Blockchain Solutions
Blockchain systems
Decentralised ecosystems that are secure and scalable, with minimal downtime:
- Networks with permissions.
- Networks with no permissions.
Platforms for asset tokenization
Decentralised platforms for creating, managing, and trading asset-backed tokens:
- Platforms for NFT.
- Platforms for issuing security tokens.
Platforms for trading on the blockchain
Platforms for peer-to-peer transactions between parties that are transparent and free of fraud:
- Platforms for DeFi.
- Marketplaces that are not centralised.
Contracts that are smart
Protocols that ensure the integrity of multi-party agreements and enforce fixed obligations automatically.
Cryptocurrency assets
- Customised cryptocurrency.
- NFTs, security, utility, governance, reward, and so on are all examples of crypto tokens.
Crypto wallets
Digital wallets for storing and exchanging different types of crypto assets.
dApps
Peer-to-peer applications that are encrypted and have no single point of failure and no downtime.
DAOs
Platforms based on blockchain for collaborative decision-making across communities with no central authority.
Chain-link bridges
Decentralised solutions that allow crypto assets to be compatible across multiple blockchain platforms.
With the Rayi system, you can create your own blockchain solution
We offer a full range of blockchain software development services, including blockchain development consulting, implementation, quality assurance, and support.
Blockchain consulting
We present a clear concept for your blockchain solution, build an optimal tech stack, and provide expert security and compliance advice. A detailed project roadmap for risk-free blockchain development is also provided.
Blockchain development
We create blockchain software with your business objectives in mind. In addition, we integrate blockchain with all necessary systems. You get a cutting-edge, highly secure blockchain solution quickly and at a low cost.
Find Out More About Our Selected Blockchain Projects
Software Development for Supply Chains Based on Blockchain
- A distributed ledger, a consensus algorithm, and a smart contract were used to create an MVP in three months.
- A Hyperledger Fabric-based flexible modular private network with a high level of security.
- Access to the blockchain network is enabled by web applications for producers, distributors, and retailers.
Benefit to the customer: faster time to market for the supply chain software solution built on blockchain.
NEAR Protocol Integration for CoolBitX's Cryptographic Wallet
- Providing technical information about the NEAR network’s operational capabilities.
- It took 8 weeks to develop the integration SDK, which included code libraries, compilers, and the NEAR network API.
- Doing integration and functional testing.
Benefits to the customer: include quick and seamless integration and high product value for users.
Team Expansion for a Mobile Bitcoin Wallet's Front-end Development
- In 5 days, cooperation will begin.
- 4 days for thorough knowledge transfer and evaluation of the JavaScript code already in place.
- JavaScript code for the blockchain app is changed in accordance with customer needs and at the predetermined deadline.
Benefit to the customer: A cross-platform cryptocurrency wallet will be launched more quickly to make managing bitcoin easier.
Advising on the Creation of a Crypto Wallet for a European Fintech Startup
- Coordination will begin in 10 days.
- Recommending the best strategy for creating cryptocurrency wallets.
- Introducing a technical requirements definition, a comprehensive implementation project plan, and a concept for a crypto wallet solution.
Benefit to the customer: Possibility to reduce the cost of the development project by x12 or more.
Consultation on the NFT Marketplace for a US Startup
- A design for the architecture, infrastructure, feature set, and tech stack that is ideal for the NFT market.
- Recommending value-adding features such as NFT auction bidding, different payment choices, and non-technical users’ ability to mint NFT.
- NFT market prototype development.
Benefits for the customer: include a validated business idea’s viability and a well-created NFT marketplace model.
Use of Blockchain The Rayi system supports
In a variety of use applications, blockchain software has already been shown to be viable. The advisors at ScienceSoft can examine the viability of using blockchain for your particular company’s needs if you’re still not sure it’s the proper technology for your operation.
Management of financial transactions
Transactions for lending, exchanging currencies, and making payments are safe and quick without the use of middlemen. The usage of smart contracts has resulted in decreased fraud, lowered delays, and Zero lost agreement possibilities in trade finance and commodity trading.
Management of health records
For timely and accurate patient diagnosis and efficient treatment, numerous healthcare providers must exchange sensitive data in a safe manner while maintaining unchangeable records that are HIPAA-compliant. Sharing patient medical records is secure and simple.
Management of the supply chain and logistics
The supply chain cycle may be expedited with fewer risks of disruption thanks to quicker validation and execution of supplier contract obligations, transparent goods provenance tracing and monitoring, improved supply protection, and more.
Asset administration
Asset records cannot be changed for a variety of industries, including media, luxury retail, real estate, and additive manufacturing. It aids in establishing ownership proof and deters fraud and counterfeiting.
Identification and access control
Zero-knowledge encryption and irrevocable credential information are used to guard against illegal access to corporate data, networks, apps, and devices.
Management of documents
Due to the end-to-end traceability of document manipulations, from creation and editing to viewing and sharing, safe document sharing ensured legal compliance, and simple record validation is all possible.
Management of a marketplace
Secure access for multiple sellers, an unchangeable record of every transaction on the marketplace for improved order and payment traceability, and quicker and less expensive payments.
Manage insurance claims
Rapid and accurate claim validation, evaluation, and payment, as well as transparent dispute resolution with less human labour to lower claim handling expenses.
Voting electronically
Voter involvement is increased via simple vote verification, secure vote storage, and transparent vote counting.
Benefits of Our Personalized Blockchain Development Services
1. Models of flexible cooperation
The complete outsourcing of blockchain development, specialised teams, or team augmentation.
2. The rapid development of blockchain
Rapid project start (1-2 weeks), regular release schedule (every 2-3 weeks), and MVP in 1-4 months.
3. Exceptional blockchain software
As a result of having access to the multi-industry expertise and tested technological talents of our developers.
Get Professional Assistance to Launch Blockchain Applications
- Products built on the blockchain can help product development businesses make money quickly.
- Blockchain solutions are specifically designed for non-IT organisations to increase their productivity, openness, and security.
Stages in Blockchain Development
The Rayi system’s blockchain software development process looks like this
- A period of discovery, including a review of company and user needs, market research, and a feasibility study of the blockchain.
- Conceptualization of a blockchain solution. Depending on the situation, it could also include choosing a blockchain platform, a consensus process, an asset to tokenize, etc.
- Developing a proof of concept (optional).
- Feature mapping, architectural design, UX & UI design, and integration planning for blockchain applications.
- Project planning: presenting a project roadmap with cost and time projections as well as a strategy and plan for risk reduction.
- Building the off-chain data storage and developing the blockchain software. Back-end development (including APIs), front-end development, and smart contract development (including oracles and proxy contracts). running quality control checks concurrently with code.
- Integration of the blockchain solution with necessary internal and external systems, including those based on different blockchains.
- The distribution and release of blockchain software.
Tools & Technology We Use
- Frameworks and networks for the blockchain
- Cloud-based blockchain services
- Languages for programming smart contracts
- Frameworks for creating and testing smart contracts
- language front-end programming
- languages for back-end programming
- DevOps
Integrating cutting-edge technologies with blockchain
Blockchain provides high integrity, complete traceability, and better security of data and data-associated transactions and events when integrated with the most recent technology utilised for data aggregation, interpretation, and analysis.
With the following cutting-edge technologies, our blockchain software development business can power your blockchain solution:
Network of Things (IoT)
Unstructured and semi-structured IoT large data automated aggregation, an immutable record, and secure sharing.
Technology for security based on AI
Improper data and suspicious transactions are immediately identified, and their upload onto the blockchain is stopped.
Computer learning (ML)
High-quality analytical outcomes as a result of the training of ML models using trustworthy and incorruptible data stored in the blockchain.