Blockchain technology as used in Bitcoin or Ether has opened the field for tokenisation of assets and the creation of NFTs, non-fungible tokens. CRESCOtec in cooperation with our sister company Hensley&Cook has embraced this new technology and built-up the know-hon and expertise in the creation of tokens and programming of Smart Contracts.
Having said that: Blockchain technology has evolved beyond its cryptocurrency roots and is now moving towards enhancing processes in the supply chain management, health care, insurance, government, banking and real estate. Similarly the Blockchain technology has shown significant impacts to the accounting and audit profession.
Chief Software Engineer
Blockchain technology in combination with the distributed ledger approach provides several advantages, that we can implement in solutions to the benefit or users:
Data in the Blockchain is secured using a hash, that would show any attempt to tamper with data. Users are sure, that for example a hashed document can’t be changed without chaining the hash. Such a change would immediately be identified by the Blockchain.
The combination of protection against data manipulation and the use of a distributed ledger increases data security dramatically: Data isn’t lost because some servers are compromised or lost for example in case of a fire.
The Blockchain maintains the historical data of all registered transactions, as these transactions are built into a new record through the hash, that refers to all former transactions. The Blockchain also allows to access these former transactions, making the technology a perfect choice, if you like to secure traceability.
CRESCOtec provides custom Blockchain Solutions for a wide range of applications:
Our team builds custom Blockchain Solutions from scratch, but are also experts in integrating customised Blockchain related features into existing systems.
Our team is experienced in several programming languages, covering the most common used to program Blockchains.
The actual choice depends on the underlying Blockchain and the problem to be solved.