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  1. The Internet of Things (IoT) has simplified our living in unexpected ways. Smart IoT devices are used at home, offices, warehouses, and public places to reduce the time of task accomplishment. It automates tasks in hand to increase our efficiency at other important tasks. IoT application developers are receiving home automation app development projects where users can control their tasks with a single device. According to McKinsey Global Institute, the Internet of Things market will reach the U.S. $11.1 trillion annually by 2025. Let’s explore some areas where IoT has substantially eased our living. Security Concern At Home and Offices IoT Smart locks prevent homeowners from thieves or unwanted guests. The system protects the kids at home in the absence of their parents or guardian. Smart lock categories available in the market: Key Pad Smart Locks: Access is denied to people with wrong access codes. Smart permit access can be given even when a person is away from home. Smartphones connected with smart locks can give access to a person who wishes to enter the house. Simply enter the code in your smartphone app to give access to someone you permit to enter. August Smart Lock Pro is a US-based smart lock manufacturing company that develops smart locks using IoT platform. These locks duly send alerts to the mobile phones of homeowners in the form of calls or messages. The locks are easily accessible via WiFi or Bluetooth. They are integrated with the popular virtual assistants like Alexa, Siri, and Google Home for more convenience. We provide IoT app development services for smart locks. We deliver smart locks mobile apps for warehouses, homes, offices or areas that require a high level of security systems. Wireless Key Locators Humans have the tendency to forget their essentials in trains, busses, and other public transports. Locate valuables easily with Wireless key locators. The proximity sensors in the wireless key locators alert the owners on their Android and iOS smartphones. The devices use short-range signals such as Bluetooth to digitally tether critical items on the smartphone. If an item is left behind an instant alert shoots to the mobile app to guide the owners towards the wayward object. Devices chirp, bleat, beep or make an unusual noise to reveal the location of the belongings. Some Wireless key locators have GPS locator to locate the exact position of the asset. We are an IoT app development company that builds apps for smart IoT devices such as a wireless key locator. We develop apps that provide the utmost efficiency to the owners. The text above is a summary, you can read the full article here.
  2. The healthcare industry is plagued by errors, bureaucracy, inefficiencies, and high administrative costs. To deliver a single healthcare service, healthcare providers need to access patients’ critical data which is typically scattered across different departments and systems. A hospital’s administrative staff is responsible to accumulate the required data. However, a complex and sluggish information ecosystem renders the administrative staff struggling to collect vital data. Following are some stats that highlight the inefficiencies the healthcare industry suffers from: The medical industry produces a lot of valuable patient data that can be used for treatment. Since the data is distributed across different networks it becomes difficult for healthcare providers to deliver appropriate care or necessary treatment in real-time. Drug counterfeiting is one of the major issues of the healthcare industry which leads to losses of around $200 million every year. To avoid such undesirable instances, a reliable and verifiable information tracking system is the need of the hour. Blockchain technology has the potential to eliminate inefficiencies and inconsistencies in the healthcare industry. It can reduce the information gap between patients and healthcare providers by significantly eliminating the role of intermediaries. Blockchain application development solutions can connect fragmented systems to generate insights and enable healthcare professionals to serve their patients better. They can transform healthcare systems with better privacy, security, and interoperability of healthcare data. Blockchain technology creates a new model for health information exchanges (HIG) to enable stakeholders to access and store data effortlessly and securely. The text above is a summary, you can read the full article here.
  3. The advent of technologies like the IoT has simplified our living in unexpected ways. Currently, we are using IoT in almost everything including education, hospitality, manufacturing, home automation, asset tracking, and whatnot. The increase in demand for IoT app development services is an indication that organizations are using IoT to automate and accelerate various tasks at their organization. Lately, IoT has spread its wings in the event management industry. According to the inMarket survey on IoT devices and development, events and conferences experienced a 45% increase in interaction with attendees because of the beacon technology. Read Full Blog Here: https://www.oodlestechnologies.com/blogs/Using-Beacons-for-Enhancing-In-Event-Experiences/
  4. Containers and pallets transported through remote areas with low connectivity and limited Global Positioning Systems(GPS) coverage are difficult to locate. Implementing IoT enabled asset management solutions providing real-time visibility of asset locations to the organizations on their computers or laptops. Instant notifications sent through IoT sensors enable organizations to update their customers on an asset’s date of delivery. According to Forrester’s survey, 58% to 77% of material handling businesses consider tracking containers, objects, and personnel as the fundamental functions of IoT. How IoT facilitates in Asset Tracking IoT enabled smart asset monitoring enables businesses to identify, track, and locate the status of assets in real-time. RFID tags establish a relationship between devices and objects. Smart assets embedded with RFID tags and sensors enable manufacturers to track products from “floor to store” and even beyond. RFID tags and sensors capture granular data like the temperature at which items are stored, fluctuations surrounding product leakages, the time duration of products in the cargo, change in quantity, and more. Industries that can Benefit through Asset Tracking Management Solutions Construction Asset Tracking Software: Efficiently tracks tools and equipment used across multiple construction sites and warehouses. The IoT based tracking system locates and identifies lost and stolen items for better theft prevention and recovery. Oodles Technologies Construction Inventory Management Solutions Inventory Lifecycle Management: Effective management of assets from procurement to retirements by tracking tool depreciation, POs, stock, and lifetime costs. Keeps a track of high ticket assets including consumable stock through tool utilization data and status. Barcode and QR Code: QR codes are used as a tool for the IoT. Barcode scanners and QR codes enable tracking of a large volume of tools and equipment across different locations. We deliver IoT solutions to effectively track the location of equipment with QR codes Healthcare Asset Management Software Solutions: Caregivers spend 20% of their time searching for medical equipment. Tracking of medical equipment can be made easier with IoT asset tracking solutions. Oodles Technologies Healthcare Asset Management Software Solutions Equipment Management Software Services: Oodles Asset Management solutions use location-based intelligence and IoT sensors to enable healthcare personnel to locate their medical equipment in real-time. Our asset tracking solutions enable hospitals to eliminate their inventory stock out. Hospital Real-Time Location System: Our IoT software development solutions enable hospital staff to identify the location of their patients in real-time. Our Recent Use Case in Hospital Asset Management Solution We developed an IoT solution based on TIHM(Technology Integrated Healthcare Management) for dementia patients. We used proximity and motion sensors to detect patients taking their pills in time. We also used IoT fall detection sensors to deliver data to the patient’s family in case of a mishap. The patient’s families get access to patient’s fitness data through the wearables attached to their bodies. The patients can themselves control their health and wellbeing through insights and alerts shared on their smartphones. Education Asset Tracking Software: Make classroom management for education providers easier with Oodles education asset tracking software. We enable schools to use IoT based asset tracking software to de-clutter classroom supplies, calculators, books easily and effectively. Our solution includes real-time asset tracking of laboratory equipment available within the university campus. The text above is a summary, you can read the full article here.
  5. Cryptocurrency trading is a rapidly growing business that enables investors, entrepreneurs and enterprises to exchange cryptocurrencies for assets like fiat money and other digital currencies. Blockchain developers merge artificial intelligence (AI) with cryptocurrency trading platforms to enable efficient and secure transactions. AI-powered cryptocurrency trading platforms enable investors to identify unique profitable patterns and trade accordingly. Brokers and traders can reinvest their savings in viable cryptocurrency projects using such platforms. Let’s take a closer look at the benefits of AI-powered cryptocurrency trading platforms Forecast and Predictions AI-based cryptocurrency trading platforms can accurately forecast the value of an asset. Neural networks in artificial intelligence constantly crunch information about cryptocurrency exchange rates to adapt to market fluctuations by minutes, hours and days. It provides precise inputs investors need to manage their cryptocurrency investments better. Transactions AI-based cryptocurrency exchange platforms enable traders to effectively conduct transactions in the crypto market. AI precisely forecasts the risks and uncertainties associated with crypto trading, to minimize loses. It provides a comprehensive market analysis to channelize trader’s direct investments towards greater profitability. Sentiment Analysis Artificial intelligence influences crypto trading through sentiment analysis. AI-driven sentiment analysis includes technologies such as NLP, biometrics, and computational linguistics to evaluate the market sentiment of financial assets to make informed investment decisions. For instance, Napoleon X is an algorithmic crypto-asset manager that collects data about the emotional state of investors and markets mood. Its AI predicts various emotions like surprise, anger, sadness, excitement, and fear. Napoleon X predicts the future value of crypto assets. It enables traders to accurately asses market volatility. Fundamental Analysis Implementing AI-driven fundamental analysis to cryptocurrency trading enable stock traders to evaluate the health of the cryptocurrency market and companies that operate in it. It plays a critical role in evaluating the value of stocks to take better decisions. AI-powered cryptocurrency trading platforms augment investment decisions and provide inputs for diversifying risks. Investors can effectively monitor asset value and evaluate market predictions accurately. Another benefit of implementing AI to cryptocurrency trading platform is that it sorts large chunks of data in a short time so that traders receive real-time alerts. Would you like to improve your existing Cryptocurrency trading platform with AI capabilities? Contact Oodles technologies, we are a cryptocurrency exchange software development company in India with over 10 years of experience in next-gen technologies. Our cryptocurrency developers and researchers create efficient AI-powered cryptocurrency trading platforms to help clients serve their investors with real-time global insights and analysis. Contact us today for more details!
  6. Dr. Jane Thomason, the CEO of research firm Abt Associates-Australia quoted at London Blockchain Week “Blockchain offers governments a fast, secure, efficient, transparent means of being able to deploy government services and communicate with their populations” The blockchain technology has the potential to modernize the public and government sectors. Blockchain’s distributed ledger system lay the foundation of secure, flexible, and high performing government functions. It streamlines processes, reduces waste, fraud, and abuse while simultaneously increasing trust. The blockchain-based government model can overcome the following challenges Securely stores businesses and citizen’s data Reduces labor-intensive processes and excessive costs Reduced chances of corruption and abuse Increases trust in government and online civil systems Businesses, individuals and governments can use a blockchain-powered government model to share resources over a distributed ledger, secured using cryptography. It enables businesses to eliminate a single point of failure and inherently protect citizens and governments’ sensitive data. Prevent Voting Frauds through Blockchain: According to the Heritage Foundation’s Election Fraud Database, a total of 1217 voting frauds to date are reported in the U.S. Using the Blockchain technology government can prevent the integrity of the voting process. The blockchain technology reduces foreign intervention in the voting process. It enables voters to vote at their place of convenience using the Internet. The immutable blockchain record can flag redundancies of the voting process to ensure only eligible voters vote. Companies using Blockchain solutions to reduce voting redundancies: Votem: A blockchain-based mobile voting platform designed for voters to securely cast votes in elections across the globe. Democracy Earth: A blockchain-based “Sovereign” voting platform implements quadratic voting to build a consensus of human participants available to all networks. FollowMyVote: A secure citizen feedback blockchain online voting platform that ensures greater voting transparency. Transparent Budgeting: Half of the people’s hard-earned money is not utilized efficiently because of the corrupt middleman involved in the completion of the project. They misguide the government by presenting wrong figures to them. Taxpayers demand answers from the government when their hard-earned money is not used for destitute welfare but to fulfill politicians’ illegitimate demands. The blockchain-based government model eliminates the role of middleman, thereby, reducing the cost of the overall project. It provides a clear overview of who conceived, voted for or encouraged wasteful spending practices while commencing a project, Companies using Blockchain for transparent budgeting National Research Council of Canada – National research council of Canada uses Ethereum blockchain to increase transparency in Government contracts. Replaces Paper-based Systems: Government every year spends a huge amount of money to maintain files of different projects including taxes collected, from what sources it is collected, where it is spent, how much is invested for the homeless and whatnot. The 70% of Taxpayer investments are used in maintaining a single five-drawer filing cabinet, a clerks’ salary, and other indirect costs including file transfers. Government organizations are now emphasizing on reducing the digitizing the storage of records using blockchain technology. Blockchain has reduced the need for paperwork by storing every data in the form of blocks. Every detail stored on the blockchain platform consumes no storage space and the crucial data is 100% secure and free from errors. Blockchain technology improves coordination and communication between the government authorities, intermediaries, and stakeholders. It automates various processes to overcome the inefficiencies of the government. The government can use blockchain technology to digitally store data and prevent data breaches. Would you like to enhance the operational efficiency of the public and government sectors? Contact Oodles Technologies, a re-known blockchain app development company providing business solutions using NEM, Stellar, Ethereum, and other blockchain technologies. Our blockchain solutions facilitate coordination between different departments to meet organizational goals. We build smart contracts to automate transactions, eliminate third parties, and enhance user trust. Source
  7. Cryptocurrency exchanges are popular FinTech applications that enable users to buy and sell different types of cryptocurrencies and altcoins. Crypto traders and altcoin enthusiasts use cryptocurrency exchanges to invest in cryptocurrencies. The popularity of cryptocurrencies has led to a spurt in crypto users. It makes developing and setting up cryptocurrency exchanges a lucrative business. However, there are several challenges with cryptocurrency exchange development that need to be addressed proactively to avoid legal troubles and financial losses. Read further to understand how the challenges can be overcome, so businesses can efficiently run their operations. Cryptocurrency Exchange Development Challenges Security Liquidity Market Acceptance Let’s take a detailed look at each of the above challenges. Security Challenges Security is a major concern for crypto users. According to a survey conducted by Encrybit, about 40 percent of traders consider security the main bottleneck in the cryptocurrency exchange process. The growing security concerns of cryptocurrency users are backed by the increasing number of cyberattacks on cryptocurrency networks. Over the years, there has been a sharp incline in the number of DDoS attacks, Phishing attacks, and hacking instances. According to GIB, a cybersecurity company, cyberattacks on cryptocurrency networks increased by 700 percent in 2018. Besides, the ransomware attacks on cryptocurrency transactions have increased by a huge margin. Several crypto exchanges have been targeted by hackers, black hats, and cybercriminals, causing losses that add up to millions of dollars. The list includes some prominent exchanges like Poloniex, BitFinex, Huobi, and Bitstamp. The text above is a summary, you can read the full article here.
  8. We provide end-to-end smart home solutions that enable automation across home appliances and smart home accessories for a convenient lifestyle. We use custom plug-in modules and AI toolkit to develop high-performance home automation systems that raise living standards with significant adoption. Our development team is skilled at building intuitive app dashboards to consistently monitor device performance with live tracking and analytics features Home Automation App Development We build feature-rich smart home applications to centrally manage home appliances, security systems, IoT devices, and smart home accessories. Our smart home app development services improve lifestyle with increased convenience and better control over home appliances
  9. Cryptocurrency exchanges are popular FinTech applications that enable users to buy and sell different types of cryptocurrencies and altcoins. Crypto traders and altcoin enthusiasts use cryptocurrency exchanges to invest in cryptocurrencies. The popularity of cryptocurrencies has led to a spurt in crypto users. It makes developing and setting up cryptocurrency exchanges a lucrative business. However, there are several challenges with cryptocurrency exchange development that need to be addressed proactively to avoid legal troubles and financial losses. Read further to understand how the challenges can be overcome, so businesses can efficiently run their operations. Cryptocurrency Exchange Development Challenges Security Liquidity Market Acceptance Let’s take a detailed look at each of the above challenges. Security Challenges Security is a major concern for crypto users. According to a survey conducted by Encrybit, about 40 percent of traders consider security the main bottleneck in the cryptocurrency exchange process. The growing security concerns of cryptocurrency users are backed by the increasing number of cyberattacks on cryptocurrency networks. Over the years, there has been a sharp incline in the number of DDoS attacks, Phishing attacks, and hacking instances. According to GIB, a cybersecurity company, cyberattacks on cryptocurrency networks increased by 700 percent in 2018. Besides, the ransomware attacks on cryptocurrency transactions have increased by a huge margin. The text above is a summary, you can read the full article here.
  10. When starting a crypto exchange business, investors often overlook the pre-development aspects. They directly dive into the development process to beat the competition by immediately launching the platform in the market. As a result, the platform meets with low adoption, below-average performance, and legal issues. However, by paying attention to the following pre-development steps, they can ensure the platform’s success with comprehensive and efficient development. Pre-development Factors: Cryptocurrency Exchange Software Legal counsel and license requirements It is necessary to understand the legal and regulatory requirements for developing a cryptocurrency exchange platform. You should avail the services of a legal firm that specializes in fulfilling licensing requirements applicable in your regional jurisdiction. In some countries, crypto exchanges operate without much restrictions and oversight imposed by governments and regulations. However, in countries like the US, exchange operators need to be licensed traders and must comply with the requirements laid down by regulators like SEC and CFTC. In this situation, consulting an industry-specialist attorney saves you from all the legal headache. Gather enough capital to support the venture Assess the approximate cost that will be involved prior to the development of an exchange platform, including expenses related to technology, platform hosting, initial stage legal counsel, government licensing, and initial advertising. Although you won’t need all funds beforehand, ensuring that the venture has enough capital provides a smooth ‘ideation to production’ path. It is a mistake that most startups make by defining improper planning and projection. They raise small initial funds to cover the cost of the development process only. It leaves them with no other operational funds until the venture becomes profitable. Startups also make another mistake of obtaining a license from untrustworthy service providers. Such providers do not mention the obligations and regulatory standards for setting up and maintaining the exchange and charge unnecessarily. Find a technology solution provider Hiring an offshore development company than setting up an in-house team can be a cost-effective decision. Cryptocurrency development companies in countries like India charge relatively low and provide full-suite development services with complete tech stack and skilled developers. (benefits) Oodles is a crypto exchange development company that has no hidden charges or ongoing fees, or commission structures. Clients get complete access to the exchange source code. Some regulators may request a source code audit. Having access to the complete code makes auditing a hassle-free process. Reach Us at Info@oodlestechnologies.com The text above is a summary, you can read the full article here.
  11. Security token offerings (STO) emerged when initial coin offerings were shunned in the year 2018. Demand for security token offering development companies has increased because security tokens are a highly secure, simple, and legitimate form of investment. Raising capital through security tokens solve decentralization and capital investment-related issues. Let’s explore the benefits STO provides to businesses – Fully Traceable and Transparent Security tokens are designed and offered with regulatory compliance. Registered under the SEC, STO provides investors access to company information like assets state, management structure, risk of investors, and financial results. It enables investors to conduct their own investigation and verify efficiency, professionalism, and fairness of the issuing company. Transparency enables investors to sensibly invest capital and avoid frauds and inefficiencies. It enables stakeholders to trace who and for how long they owned the tokens. Reduce the Cost of Public Offering Security token offerings automatically raise capital using blockchain technology to eliminate the need for a middleman. Fraudulent intermediaries maintain their own ledger of data and confuse issuer and investors by presenting ledgers that differ quite substantially. Intermediaries charge an expensive amount which directly increases the operational cost of raising capital. STO uses smart contracts to simplify and automate the processes. It enables issuers to directly offer shares to investors, making the entire process transparent, immutable and accurate. Read Full Blog Here: https://www.oodlestechnologies.com/blogs/Why-Security-Token-Offerings-are-Ideal-for-Making-Investments/
  12. IoT empowered ecosystems to have a great influence in driving the businesses in a more intelligent manner with the ideal use of assets and supported business expansion goals. In case of manufacturing industry, the evolving and expanding needs to empower the production, the advent of advanced data analytics techniques, the call for effectiveness in accomplishing and managing tasks has influenced the infiltration of the Internet of Things [IoT] to a greater extent. Let’s explore the IoT capabilities and its benefits in the Manufacturing Industry. We are an IoT app development company that connects devices securely to gather data and take intelligent actions to meet operational and management needs. We enable you to use the potential of analytics, IoT, and AI to make your business smart (cloud-to-device and device-to-cloud), efficient, and secure. Power up your business with our IoT consulting and application development services. The manufacturing organization are expected to deliver a better product, quality, and services. In order to have end-to-end transparency and service-oriented strategy, an integrated IoT approach delivers the necessary insights for the manufacturers. It helps them to derive any form of value via the IoT-enabled devices, sensors and other ‘things.’ It helps to monitor the production flow, manage the equipment at remote, optimize machinery, analyze and utilize the various data acquired. They are able to deploy the IoT technology in manufacturing plant, warehouses, supply chain extensions, global operations, and, customer sentiments. Evidently, the IoT in manufacturing is expected to exceed more than US$ 20.59 Billion by 2022 at a CAGR of 27.2%. The text above is a summary, you can read the full article here.
  13. Security token offerings are playing a vital role in the crowdfunding and finance management for different industries. Check how Oodles STO development services enable efficient, secure, and compliant tokenization of securities and their offerings. We are a reliable STO development company enabling full or partial automated transfer of ownership, attract minimal administrative costs by eliminating intermediaries, and providing investors complete control over immovable assets with compliance to financial regulations. The STO solutions provided by our blockchain team are highly secured, which augments legal fundraising activities. For Live Demo Reach Us At: Info@oodlestechnologies.com
  14. A real estate crowdfunding platform enables real estate companies to attract funds from a variety of investors. Investors use such platforms to evaluate projects and invest directly. It serves as a marketplace where entrepreneurs and investors engage each other with secured transactions. Blockchain-powered Crowdfunding PlatformA real estate crowdfunding platform can be used by property developers to showcase their project scope, potential, capital requirements, and profit shares to attract investors. Similarly, investors can identify profitable opportunities to make sound investments. The platform makes it faster and easier for both parties to fulfill each other’s requirements. Investors who use blockchain-powered crowdfunding platforms receive precise inputs about expected returns and exit period to invest and gain shares in projects. Such platforms play a critical role in ensuring transparency in real estate dealings for investors. Avail a secure platform for trading digital currencies with Oodles cryptocurrency exchange platform development services. We fulfill specific crypto exchange requirements to enable users to trade through smart contracts, exchange Altcoin, and Fiat currencies and digitize illiquid assets effortlessly and efficiently. Our blockchain experts use the latest technologies and best practices to develop trustworthy, resilient, and global cryptocurrency exchange platforms.Read Full Blog Here
  15. Oodles Technologies is a leading offshore Blockchain Development Companywith an expertise in building high-octane cryptocurrency & blockchain applications. The influence of Blockchain technology in the worldwide market has grown exponentially over the years. While the technology was best known for facilitating Peer-to-Peer payments, researchers, industrialists, and tech enthusiasts are starting to realize the true potential of this state-of-the-art ledger technology. From Finance to Retail, from Healthcare to Supply chain and Real Estate, Blockchain seems to be unstoppable now, with new use cases arising more frequently than ever before. In many of our previous blogs, we have talked about the use cases of Blockchain in Finance, Retail, Education, Supply Chain, and many different industries. This blog, however, will give you an out-and-out overview of how this distributed ledger technology could be used to transform the Fashion or Apparel Industry. There was a time when apparel companies were more concerned about transparency in Supply Chains. Opacity in supply chains was considered a competitive advantage since it ensured that no one from the outside could gain insights over a company’s supplies and trade secrets. However, there has been a change in the picture, dramatically changing the perception of most people about transparency. The text above is a summary, you can read the full article here.
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