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oodlestechnologies

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  1. 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.
  2. 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/
  3. 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.
  4. 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
  5. 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
  6. 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.
  7. Loyalty programs have been popular with customer-facing businesses for several years. According to the 2015 Colloquy Loyalty Census, it was found that the average American family engages in 29 different loyalty programs. Redeeming and exchanging of these loyalty points however is a cumbersome and challenging activity for program partners. Better mechanisms than the ones offered by legacy systems are essential to make payback points easily redeemable and achieve high redemption rates. Are you planning to implement blockchain to your customer loyalty program? We are an India based Blockchain development company that develops solutions using Stellar, Ethereum, NEM and other blockchain technologies. Hire our blockchain app developers to be more competitive. Our smart contract solutions facilitate coordination between different departments and businesses to meet several organizational challenges. Contact us today for more details! The text above is a summary, you can read the full article here.
  8. Oodles Is a Leading cryptocurrency exchange development company that provides secure Cryptocurrency Exchange services by adhering to the standard security guidelines. Cryptocurrency exchange trading software is customized and scalable it is created by the experienced Blockchain engineers with focusing on security, connectivity and seamless environment. Facilitate your users to trade smart contracts, exchange Altcoin, Fiat currencies and digitize illiquid assets effortlessly and efficiently.
  9. The advent of the internet of things (IoT) has presented the IT sector with a world of opportunities. IoT enabled devices to provide real-time contextual information and reduce the overhead cost by automatically optimizing processes. It also aligns various operational tasks to improve coordination between individuals. Intelligent IoTdevices are used in homes, offices, and public areas for entertainment, security, and automation purposes. Demand for interconnected IoT devices has exceeded 8.6 billion since 2018 and it is anticipated to increase to 22 billion by 2024. IoT Security Challenges IoT devices transmit large chunks of data across different networks, machine devices, integrated solutions, and platforms. The data passes through various administrative boundaries that may hamper data management and affect the functioning of IoT systems. IoT devices provide new opportunities with innovative features but require additional mechanisms to ensure security. Their vulnerability provides cybercriminals with the opportunity to elude systems and create backdoors within organizations’ IT infrastructure. On October 21, 2016, Mirai botnet malware was used to launch massive internet outage in Europe and the US. The malware brought down various sites including Twitter, Reddit, CNN, the Guardian, and more. Mirai attacked online customer devices like home routers or IP cameras. Measures Taken to Protect IoT Security Shodan and IoTSeeker are two tools designed to detect IoT device vulnerabilities? Shodan is the world’s first search engine for webcams, refrigerators, security, the Internet of Things, power plants, buildings, the Web, and more. Shodan discovers which of your devices are connected to the internet, who is using them and where they are located. Its servers are located around the world and are used for crawling the internet 24/7. Shodan provides the latest internet intelligence to prevent hackers from infiltrating IoT devices. IoTSeeker is an open-source tool designed to detect IoT devices using the default, factory-set credentials. It enables organizations to scan their networks and detect how many manufacturers or vendors are still using default factory settings in their IoT devices. Using Blockchain Development Solutions Integrating blockchain technology in IoT solutions provides a more promising security mechanism. Hackers attempt to exploit the vulnerabilities in routers and switches of IoT devices to alter the functioning of IoT devices. With blockchain, the devices form a group consensus regarding normal occurrences in the given network. The devices gain smart capabilities to lock down when suspicious behaviour occurs at any node. The data exchange between the IoT devices is also protected by achieving near real-time data transmissions. Thus staging an attack is really hard and the systems or IoT devices can be protected against hacking attempts. Read Full Blog Here: Using Blockchain Technology to Strengthen IoT Security
  10. The manufacturing organization are expected to deliver a better product, quality, and services. In order to have an 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. Read Full Blog Here
  11. Oodles Technologies is one of the leading blockchain development company in India. Experts at Oodles have gained immense experience by developing and deploying some of the best custom, decentralized blockchain applications and infrastructure to help you race ahead of your business rivals. Reach us to find perfect blockchain technology solutions for various industries to form a secure, fast and transparent identity for your business.For more Details Contact Us at: info@oodlestechnologies.com Visit: https://www.oodlestechnologies.com/blockchain-applications-development/
  12. Blockchain technology serves as the foundation for smart contracts and cryptocurrencies. These are new age mediums for conducting secure, low cost, reliable, and tamperproof cross-border transactions. Market Research Future experts predict that smart-contracts market may notice a compound annual growth of 23 percent by 2023. Smart contracts control the transfer of digital assets or currencies between buyers and sellers. The advantage of a smart contract is that it automates the verification of the terms of an agreement and execute transactions. Conventional business agreements require a lawyer and a broker to monitor and complete a transaction. Lawyers and brokers are the middlemen who oversee agreements including payments, delivery scheduling, invoicing, and meeting terms and conditions. They usually charge a significant amount to execute contracts. Would you like to explore the benefits of implementing smart contracts to improve your business processes? We are an India based Blockchain smart contract development company that has a team of blockchain experts who develop solutions using Stellar, Ethereum, NEM and other blockchain technologies. We enable businesses to implement the latest technologies to thrive in a competitive environment. Our smart contract solutions facilitate coordination between different departments to meet the organization’s emerging challenges. The aim of our blockchain development services is to improve customer loyalty and build long-term relationships. Contact us today for more details! Read the full blog here: Implementing Smart Contracts for Your Business
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