Top 10 Blockchain Development Companies Seattle

by Zazz January 27, 2020 Time to Read Blog: 3 minutes

Today every company is after blockchain technology due to its security, privacy and opportunity of glitch free financial transactions. If you are one of those who wanted to try out its benefits, do look at our extensively researched compilation of top 10 blockchain development companies based in Seattle.

  • Zazz.io

     Zazz is a team of creative designers and developers building great digital products in Seattle and San Francisco. Our collective experience in the technology industry includes mobile app development, IOT application development, blockchain development with a design first approach to product development.

  • AppStudio

     Appstudio is a full service Mobile App Design & Development Company offering services in Native iOS Development (Swift 3.0), Native Android Development (Java), React Native Development & Unity Game Development. They have collaborated with Fortune 500 companies, Startups and Mid Sized firms across a spectrum of industries, ranging from Health Care & Finance to On-Demand Services, to create Mobile apps that are actively being used by Millions of users across the globe.

  • ELEKS

     ELEKS helps clients transform their businesses digitally by providing expert software engineering and consultancy services. They deliver high tech innovations to Fortune 500 companies, big enterprises and technology challengers, improving the ways they work and boosting the value they create for the modern world. The company's 1,400+ professionals located in the Delivery Centers across Eastern Europe and sales offices in Europe, the US and Japan, provide their clients with a full range of software services.

  • HashCash Consultants

     HashCash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing and more. HashCash runs US-based digital asset exchange, PayBito and digital asset payment processor, BillBitcoins. HashCash offers exchange and payment processor software solutions, ICO services and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels.

  • Omni212

     We are the leaders in Vertical Industry focused Digital Transformation and Business Value Realization leveraging latest disruptive technologies in AI, Data Science, Machine Learning, Big Data, Cloud Computing, cybersecurity. We have learned a lot by working for big brands in the software industry. Our goal is to bring our wisdom to our customers which helps them realize long lasting and positive business outcomes from their investments in technology.

  • Abasys Technologies Inc

     Abasys Technologies, Inc (“ATI”) is a spin off from World Wide Technologies, Inc (“WWTI”), which was founded in 1987 in Richardson, Texas. WWTI has provided high tech consulting to several companies such as Dell, Nortel, Andersen Consulting, EDS, FMC Corporation, Stewart & Stevenson, Sperry-Sun Drilling Coand etc.

  • Transparent Path

     Chances are you’re sick to death of hearing about blockchain. You’ve been invited to conferences, tried to keep up with blockchain news, and had employees or family members forwarding you links and thoughts about it. At Transparent Path, we deeply believe this simple model for distributed computing has the ability to build trust, drive transparency, share information, eliminate middlemen, and transform the world we live in. And we’re betting our careers on it.

  • Futurism Technologies

     One of the fastest growing companies with palpable presence across the globe, Futurism Technologies is bringing 360-degree Digital Transformation for business enterprises of various sizes, as well as technology providers by delivering assured business efficiency through a set of new-age technologies like: Big Data, Data Analytics, Artificial Intelligence, Machine Learning, Mobility, Internet of Things (IoT), Cloud Platforms, and more.

  • Core Scientific

     Core Scientific is a leader in Blockchain and Artificial Intelligence hosting, transaction processing and application development. In an increasingly distributed and connected world, we believe Blockchain and AI will fundamentally change the way information is processed, shared and stored across a range of industries.

  • Atonomi

     Atonomi - The Secure Ledger of Things Enabling Secure, Blockchain-based Cryptosecurity for IoT Transactions The Atonomi Network is a blockchain-based security solution to protect the Internet of Things and enable secure device-to-device autonomous transactions. The Atonomi Security Protocol validates device identity, tracks device reputation, and provides immutable blockchain ledgering of all transactions.

What is Blochain tech?

Although it is a fairly old technology -data of 1991-, it is so far that the benefits of blockchain are widespread in the country, due to the advantages offered by this tool to companies. This allows you to store information that can never be lost, modified or deleted.

Each node in the blockchain network uses certificates and digital signatures to verify the information and validate the transactions and stored data, which ensures the authenticity of said information.

By 2022, an annual 51% blockchain growth is projected for several markets, such as financial institutions or Internet of Things (IoT). Its use is popular in the cryptocurrency market, where it functions as an accounting record of transactions.

On the other hand, it is very useful for the management of goods and digital documents.Since each block is mathematically linked to the next one, once a new one is added to the chain, it becomes unchanged.

If a block were to be modified, its relationship with the chain would be broken, that is, all the information recorded in the blocks is immutable and perpetual.

This technology also allows, in financial operations, to take out the trusted third party (“Trusted Third Party”) —which leaves a percentage of each transaction—, such as that which exists when conducting a monetary transaction between two people (banks).

An Example

For example, if Ana wanted to send $ 100,000 to Luis, with the blockchain she would no longer need a bank as an intermediary, but could be direct between both parties, saving the commissions.

The same would happen with company purchases.

“These new payment methods, such as bitcoin or others, tend to be much cheaper than the traditional system; however, companies must evaluate their industry well and how to use it to validate that everything is legally and in the business sense, “said Walter Montes, CEO of WolrdCrypto and technology consultant.

Implementing projects among multiple companies (consortiums or chains of companies) that require real-time data collaboration with security, is another of the uses of the blockchain suggested by the expert.

Next Milestone

Blockchain is called to be the next milestone within Industry 4.0. Today we are all familiar with cryptocurrencies, especially with Bitcoin, the first practical use of the blockchain.

The renowned magazine The Economist defines the blockchain as “a distributed database that maintains a list of records, or blocks that is continuously growing.” The information contained within a block is unalterable, since each block has a unique time stamp, contains a link to a previous block and is known to everyone in the network. The information that is stored in each block represents actions that are performed between two parties in a verifiable, permanent, secure and anonymous manner.

How does blockchain impact industries?

According to Oscar Mane, co-author of the book Blockchain: The Industrial Internet Revolution, will be paramount for the development of Industry 4.0. “The machines can negotiate with each other, make payments or order supplies alone.” Artificial intelligence, the internet of things, 3D printing, 5G communications, Big data, etc., will work together efficiently and without intermediaries, through what is known as a smart contract. Siemens and General Electric are conducting tests with these technologies.

Benefits

The blockchain will eliminate third parties in a transaction, which will affect banks, notaries, auditors, authors’ societies, payment gateways, among others; however, it will improve processes such as:

  • Public and private records, such as property records, permits, scholarship management.
  • Electronic voting, the new European regulation GdPR is working on digital identity.
  • Smart cities, energy trading initiatives, connected vehicles.
  • Digital signatures, to maintain privacy in medical records.
  • Fintech transactions, made at any time and in minutes.
  • Traceability of products, from manufacturing to consumption.
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Top 10 Blockchain Development Companies Seattle
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Top 10 Blockchain Development Companies Seattle
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Today every company is after blockchain technology due to its security, privacy and opportunity of glitch-free financial transactions. If you are one of those who wanted to try out its benefits, do look at our extensively researched compilation of top 10 blockchain development companies based in Seattle.
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Zazz
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zazz-io

Zazz is a team of creative designers and software engineers, building innovative digital products in North America. Zazz has collaborated with Fortune 500 companies and Silicon Valley unicorns, to create solutions being used by millions of users across the globe.

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