The Rise Of Blockchain Consulting | Q-Zone Tech

The Rise Of Blockchain Consulting

Published by Kyra Hermoso

Wednesday, Jul 07

Bitcoin, Ethereum, Lightcoin, and maybe even Elon Musk — these are probably the few things that pop into your head when you hear the word ‘blockchain’, right?

Today, many are starting to get into the idea of trading and buying cryptocurrency, including people as young as 17. But, I am pretty sure that not all of them know what blockchain really is and how it actually works. It is important for you to understand what you’re getting into to prevent yourself from drowning in it in the future.

Nonetheless, I will not be teaching you how to trade, and neither will I be teaching you what are the tricks to become a billionaire through buying cryptocurrency. If I knew, I wouldn’t be in front of my laptop typing this article. What I will be discussing today is an extension of that — Blockchain Consulting

As we can see, the world of crypto and digital coins are attracting lots of attention. Capitalising on that, many consultants are now using blockchain technologies to provide advice related to technological and operational matters for your business. 

 

Let’s give you an idea of what is

blockchain consulting:

 

What is blockchain technology?

A blockchain is a decentralised ledger of all transactions across a peer-to-peer network. Using this technology, you can confirm transactions without a need for a central clearing authority. Potential applications can include fund transfers, settling trades, voting, and many other issues.

 

It consists of many blocks that are connected by cryptography, and information is protected by cryptographic hashing. The chain is established when the information from the previous block is embedded into the header on the current block. This way, a newly created hash depends on each specific information, preventing any new data or attacks without proper consent.

What is blockchain consulting?

Blockchain consulting is when a consultant researches, analyzes, develops, and tests blockchain technologies. This includes the documentation and maintenance of solutions, as well as their architectural integration with business logic. The goal of blockchain consulting is to translate business goals into technology roadmaps that clients can follow to achieve target outcomes.

Basically, if you are the one seeking a blockchain consultant, you will receive strategic advice on how you can incorporate blockchain technologies to enhance your business’s productivity and efficiency. 

How is blockchain consulting different?

As mentioned, it is utilising blockchain technology to provide you and your business more optimised, efficient and suitable solutions. 

What makes blockchain consultants a valuable asset is their ability to combine both business and technical skills. This way, blockchain development companies are able to create customised protocols and applications focused on the particular data optimization potential of your business.

What are the benefits of blockchain? 

Of course, every coin has 2 sides. Blockchain technology has its cons as well, which are increased legal risks, higher volatility, irreversibility and greater energy costs.

The hype on blockchain consulting is evidently just becoming stronger due to the peak in cryptocurrencies. The power that this technology holds is definitely limitless. Possessing such knowledge will allow you to dominate the market for digital assets, value-adding to your business’s current standing. 

It is needless to say that becoming more digital in every aspect of our lives is inevitable. That is what it’s supposed to be and that is a good thing. 

As blockchain technology is still at its infancy, there is still plenty of room for discoveries.

You have to stay updated for such up and rising technology and be on the edge in ensuring that you and your business do not get left behind, but rather be one step or even two steps ahead.

At Q-Zone Tech, we utilise blockchain technology to improve visibility and insights into your current business. We will help you develop blockchain solutions from strategy to implementation efficiently.

So, do come and talk to us about your possible plans on using blockchain technology to boost your business’s growth. Our customer live support is there for you and we are always excited to talk to anyone when it comes to helping you and your business!

Did I also mention that: We offer up to 80% grant support for your projects!

Follow us on our Social Media platform to get the latest news.

More from Q-Zone Tech

 

 

Copyright © 2021. Quality Zone Technologies.

All Rights Reserved.

Locate Us

 

Proxima@Gambas

50 Gambas Crescent,

#01-07

Singapore 797022