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PICK A NICHE:BUILDING BLOCKCHAIN PRODUCTS

Building Blockchain products is an important aspect of the cryptocurrency sector. Blockchain technology was first announced through the paper titled Bitcoin: An Electronic cash system invented by Satoshi Nakamoto in 2008, this invention had a mix of public-key cryptography invented in the (1970’S ), Cryptographic hash functions and proof-of-work.

In the past few years, many blockchain-inspired projects have been created. Though most of them are not technically blockchains but are rather distributed ledger systems.

Few steps on how to build a good blockchain product;Identify a suitable use case.Theres a lot of hype around the blockchain,stories of how blockchain will wipe away Global poverty,make the world a corrupt free place and do a lot more with ease.Which totally is not true,so identify a good use case that would yield funds as a business.

Such as;Data Authentication and Verification,Smart Asset Management: This Includes issuance,payment,exchange,escrow…,Smart Contracts,Designing nodes,

Designing the blockchain Instance; most blockchain platforms need very careful planned configuration for permission and asset issuance.

Somuch to be said about blockchain products,join the conversation today at 8pm GMT+1

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