BlockchainLab

BlockchainLab

The Blockchain Lab team has considerable experience working with new technologies and specifications still undergoing change, which is clearly where blockchain is currently. They can provide detailed feedback to the client about the suitability and capability of technologies and business concepts to be implemented in the real world.

Über BlockchainLab

Blockchain Lab is the first global Dev Lab designed as a focused vehicle for extracting the maximum potential from extraordinary Distributed Ledger innovation. We foster and accelerate Blockchain ideas and ventures, which can genuinely Disrupt Fintech and other industries. Additionally we offer tailored consultancy & Proof of Concepts for institutions seeking to explore, develop & integrate any aspects of blockchain technology. A blockchain is essentially a distributed database of records or public ledger of all transactions or digital events that have been executed and shared among participating parties. Each transaction in the public ledger is verified by consensus of a majority of the participants in the system. And, once entered, information can never be erased. The blockchain contains a certain and verifiable record of every single transaction ever made. Bitcoin, the decentralized peer­to­peer digital currency, is the most popular example that uses blockchain technology. The digital currency bitcoin itself is highly controversial but the underlying blockchain technology has worked flawlessly and found wide range of applications in both financial and non­financial world. The main hypothesis is that the blockchain establishes a system of creating a distributed consensus ​in the digital online world. This allows participating entities to know for certain that a digital event happened by creating an irrefutable record in a public ledger. ​It opens the door for developing a democratic open and scalable digital economy from a centralized one. There are tremendous opportunities in this disruptive technology and revolution in this space has just begun. 

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