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Crypto Product Development
// BUSINESS BENEFITS
Crypto Product Development in the Philippines
Decentralization
By removing intermediaries, cryptocurrencies enable two parties to transact without having to trust a third-party intermediary.
Cryptocurrency Storage
Offline crypto storage is widely considered the best option from a security perspective. While your crypto is offline, it can't be stolen by hackers.
Transparency and Anonymity
With the distributed nature of blockchains, every transaction is recorded.
Fast and Unlimited Transactions
This is because the verification requires very little time to process as there are very few barriers to cross.
Accepted internationally
The sender and the recipient of funds can be in different parts of the world.
Transactions are Non-Reversible
Mistakenly entering an incorrect cryptocurrency address cost you money.
Crypto Product Development
Crypto Product Work
As mentioned, Crypto Product is an integral part of the blockchain. Distributed ledger technology is built on the consensus algorithms regulating the creation of new blocks. All participants in the P2P network have to accept a block for it to be registered in the blockchain.
Crypto Product Development
Cryptocurrencies are ‘mined’. For a better understanding of how cryptocurrencies are created, we can refer to Bitcoin, which is created by the process of ‘mining’. Mining is the process by which cryptocurrency transactions are verified and new units of cryptocurrency are created.
The cryptocurrency market size is expected to grow from USD 1.6 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 7.1%.
Crypto Exchange Development
Cryptocurrency transactions are recorded on the Blockchain, paving way for decentralized value exchange. A Cryptocurrency Exchange platform enables buyers & sellers to exchange their coins with other coins or to further sell or buy the cryptocurrency with the market trends.
Synchronize the crypto wallet into the blockchain using various Application Program Interfaces.
Crypto Product Development
Crypto product development is very important because decentralized currencies are booming, and are set to be the future currency of the business world. Cryptocurrencies arrive with many benefits such as easy globalized access, decentralization, efficient transactions, etc.
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Types of Cryptocurrency
Bitcoin
Bitcoin is the oldest and most popular cryptocurrency in the world. It was created in 2009. It is the first decentralized cryptocurrency that facilitated transactions using its own blockchain technology.
Ethereum
Ethereum is a cryptocurrency network that uses blockchain technology to facilitate smart contracts. It is a decentralized software that allows smart contracts to be built on its network and run on it without any control or fear of fraud by a third party. Ether is the token used to enable transactions on the Ethereum network.
Dogecoin
This cryptocurrency was created using a popular meme that features a Shiba Inu dog as its icon. The meme was immensely popular as is the cryptocurrency whose price skyrocketed after receiving backing from Tesla CEO Elon Musk. Musk managed to shake up the already volatile crypto market by backing the meme coin. Dogecoin, unlike Bitcoin, has no limit on the number of coins that can be mined.
Cardano
Cardano was created through a research-based approach by a team of mathematicians, engineers, and cryptographers. In the ecosystem of cryptocurrencies, Cardano claims to be a more sustainable and balanced coin when compared to the other cryptocurrencies.
Litecoin
It was created in 2011 by Charlie Lee, a graduate from MIT and an engineer at Google. It was one of the first few cryptocurrencies that followed the same technology as Bitcoin. Despite being modeled on Bitcoin, Litecoin generates blocks at a faster rate, and, hence, offers a faster transaction time.
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Business Industries
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What We Serve
Gaming & Enterteinment
The global economy is moving towards a new identity. In order to remain competitive and profitable, the banking and finance.
Information Technology
The global economy is moving towards a new identity. In order to remain competitive and profitable, the banking and finance.
Retail & Distribution
The global economy is moving towards a new identity. In order to remain competitive and profitable, the banking and finance.
Business & Finance
The global economy is moving towards a new identity. In order to remain competitive and profitable, the banking and finance.
Contact Us
Project inquiries:
Our Offices
- Philippines
2407 Mabolo Garden Flats, Tres Borces St., Cebu, Philippines
Mobile No: +63 927 960 4784
Mobile No: +63 927 960 4784
- India
189, Sayee Nagar, 8th St, Virugambakkam, Chennai, Tamil Nadu 600092
Mobile No: +91-805-684-8685
- Singapore
176, Orchard Road, #05-05, The Centrepoint, Singapore 238843
Mobile No: +65-8695-8293
- USA
Burbank, Los Angeles, CA 91501
Mobile No: +1 213-536-1996