Blockchain Development Company In India

We, Bitdeal - A blockchain development company originated at India, to provide blockchain development services inside the country by favoring various blockchain initiatives and tech startups. Then, our successful journey on providing unbelievable quality of blockchain development services has let us to expand our blockchain development services in various countries, including the USA, UK, UAE, Malta, South Korea, Japan, China, Brazil, Turkey, Singapore and more. Before diving deep into our established Blockchain solutions in India, let's take a glance at Blockchain technology in India.

Current State Of Blockchain In India

Blockchain Regulations In India

Just like the other countries, India has also been affected by the waves of blockchain. The development of blockchain technology has not failed to be witnessed by the superior finance regulators such as RBI. Though the RBI favors positively towards the growth of blockchain it becomes uncertain after the announcement of RBI act on Cryptocurrency. 

Many misinterpreting that the RBI act towards cryptocurrency with blockchain regulation.

The act of the RBI towards cryptocurrency, has given a confirmation that India is not legalizing the dealings and transactions with cryptocurrencies, and the report said, “the investors who invest in cryptocurrencies will be at their own risk, the government will not take any actions towards the loss”. But, on another hand, stakeholders and investors having hope as the governance of India, encouraging “cashless economy” to bring Digital India, there will be a chance for blockchain rays to sign inside the country. 

The statement of RBI was fully portrayed that investing, trading, purchasing with bitcoins or any other virtual currency is not legal. But, they didn’t possess any clear statement of regulating blockchain as the technology inside the country. So, the IT sectors, banking, and other corporate industries had taken a deep breath and initiated to incorporate blockchain technology for business or industry improvement.

Potential Blockchain Projects In India

1) Private and public Banking Sectors started to make a trial of integrating blockchain for efficient banking transactions, KYC remittances and to improve the financial procedures.

2) SBI is on the first of the list to implement blockchain technology followed by some other private banks like Axis, HDFC, ICICI banks.

Refer: Inc42.com

3) Implementing a blockchain in the Insurance industry can be the ultimate solution to avoid unnecessary industry loss. Cognizant has collaborated with HDFC, Kotak, SBI and ICICI life insurance to bring a secured data-sharing system by integrating Corda blockchain.

4) IndiaChain is a blockchain project under beta development that is gonna support Indian government to process contracts quicker, to keep records safe, Safeguard Land records, To bring higher efficiency in identity management like aadhar and more.

Source: What Is IndiaChain?

5) The real estate industry in India is having a lot of misleading data on ownership verification, time-consuming processes on registrations and property transfers, Implementing blockchain in real estate will be a honey pot for industry leaders and can help them to reduce work, digitize data, keeping records on finance and property specifications, etc.

6) Many Supply chain Vendors inside the country are still not having a wider awareness of blockchain. This incase, if resolved by creating a huge awareness, sure the Indian supply chain system will be streamlined and will be digitized under blockchain technology.

Future Scope Of Blockchain In India

The anticipated adoption of blockchain in India is poised to surge to an impressive 46% by 2026, signaling substantial opportunities to stimulate the local economy. Through harnessing the potential of blockchain, India has the potential to generate notable social impact in sectors such as healthcare and governance.

Bitdeal's Growth In India

The first reason to expand our blockchain development services in India is, it is our home country, where we initiated our Information Technology services in 2014-2015. The successful demand and growth of the cryptocurrency market inside the country have made us step into the blockchain industry. We have created our brand identity by serving our best in bitcoin exchange projects. In 2015-16 we were in the seed stage, and have initiated to provide bitcoin exchange script to create a successful bitcoin exchange platform like bitfinex, bitstamp and more. Based on our clients' requirements we have started to take a look at bitcoin & ethereum blockchain technology. After undergoing a deep Research & Development process, our team of technical experts has brought up a new idea for Initial Coin Offerings. That made us provide ICO services in 2017 which includes a bunch of service components like ICO Consulting, Token development, Dashboard Development, White paper development, Token Listing and so on.

Our Turn Towards Blockchain Technology

Our journey of bitcoin & cryptocurrency-related business services has completely turned up into the layer of blockchain technology at the end of 2017. As the blockchain waves started to impact the industry, we have learned and equipped ourselves with unique blockchain development services within a short period along with the powerful team of expert blockchain developers and engineers.

This is how we grew inside the country. What else has made us keep going on blockchain technology is the country’s flexible blockchain regulations and the potential demand for blockchain projects.

Our Blockchain Development Services In India

By underlying the many trending blockchain technologies, and protocols, we at Bitdeal cater for various blockchain development services for tech startups, industries, Small, medium and large enterprises. Our significant expertise is, creating closed and private blockchain applications on the family of hyper ledger technology like sawtooth, hyper ledger fabric, Iroha and hyper ledger explorer. Also, we have a team of experts who have well-practiced on Ethereum Technology, EOS, Minter, Lisk, Stellar, Corda, CrossChain, Sidechain And more.

Our Extensive Blockchain Development

• Private Blockchain Application Development

• Blockchain DApp Development on Ethereum

• Blockchain POC Development

• Blockchain Game Development

• Blockchain IOT Development

• Supply Chain Blockchain Development

• Hyperledger Development

• Wallet Development

• Crypto coin and Token Development

• Smart Home App Development

• Blockchain AI Development

• Solidity Development

Our Industry Focus

Industrial prioritization differs on the basis of country’s governance. Based on the prioritization, we are focusing on the different industries in different regions that are giving an envelope to a country’s economic growth. 
And now, we focus on the below industries in India, that will soon gonna renovate with blockchain technology.

• Agriculture

• Construction

• Biotechnology Industry

• Textile Industry

• Real Estate Industry

• Banking & Finance Industry

• IT & Software Industry

• Education 

• Retail Industry

• Healthcare

• Government Sectors

Bitdeal's Future Plans In Blockchain Space

AI-Powered Blockchain Development

Anticipating the rise of AI technology, Bitdeal offers cutting-edge AI development services tailored to propel your business to success in the digital age. Drawing on our profound expertise in artificial intelligence and machine learning, we assist businesses in overhauling their operations for unprecedented success. Our adept team of AI software developers, armed with advanced technology stacks, turns visionary goals into tangible reality.

Blockchain For Metaverse Development

Integrating state-of-the-art blockchain technologies, we provide Metaverse solutions tailored for diverse business sectors. Our highly scalable and fully customizable Metaverse solutions encompass the development of captivating 3D virtual spaces, enabling the establishment of Metaverse NFT Marketplaces, applications, and gaming platforms. Our developers specialize in harnessing Blockchain technology in conjunction with Augmented Reality (AR), Virtual Reality (VR), and other innovative technologies to craft an appealing Metaverse ecosystem.

Wrapping Up

We can able to see blockchain is having huge potential as the technology inside the country, especially in banking, and supply chain management. As a blockchain & Dapp Development Company, we are ready to extend our warm hands to the struggling corporates and industrial sectors who want to renovate themselves with blockchain. Get ready to connect with us, for instant consultation reach us via the below details.

Mail: sales@bitdeal.net
Phone: +919677555651