Blockchain

Blockchain is a unique, consensual record of information distributed across several nodes in a network. Blockchain makes it possible to take the leap to the Internet of Value. While in the age of the Internet of Information, the important aspect is the facility to generate, distribute and consume digital content, which is however easily replicable, the Internet of Value enables you to create unique assets that can be traced, guaranteeing their provenance and use, allowing you to create new business models in which Blockchain becomes the platform for shared trust.

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blockchain@babel.es

BLOCK
CHAIN
INTERMEDIATION
SECURITY
TRANSPARENCY
DISTRIBUTED
TRUST
QUORUM
HYPERLEDGER
ETHEREUM
PARITY
RELIABLE
NON-MODIFIABLE
TRACEABLE

Real projects

in production

+10 use cases

developed

Blockchain is a unique, consensual record distributed across several nodes in a network

Blockchain is a digital transaction record. These blockchains are used to record the transactions made. Each transaction added to a blockchain is validated by several nodes in their network. These nodes work together to make sure that each transaction is validated before it is added to the blockchain, ensuring that no one can add invalid information to the blocks in the network.

When a new block is added to a blockchain, it is linked to the previous block by way of a cryptographic hash generated using the contents of the block. This ensures that the chain never breaks and that each block is permanently recorded.

More information

BLOG

Mass payment management in Blockchain

NEWS

Blockchain app to sign in at work

It rules out intermediaries and provides transparency and security

The main features to consider when assessing the suitability of a project with Blockchain are:

DISTRIBUTED NETWORK

Because Blockchain data is often stored in a large number of nodes, the system and data are highly resistant to technical faults and malware attacks.

SAFETY & TRUST

One of the greatest benefits is that the network is very secure, as the data transmitted is intrinsically encrypted. Decentralised data stored using Blockchain makes it extremely difficult to hack because there is no single point of failure, as the information is replicated across the different nodes that make up the network. Furthermore, the decentralisation of information ensures its immutability.

TRANSPARENCY

A Blockchain network is more transparent than any other system because it clearly provides the source of the transactions, which can be checked in the record and even verified.

Building trust among the different network players

At BABEL, we offer the following services to our clients:

ADVICE AND CONSULTING

We have a team ready to support and advise on projects using ecosystem technologies.

CREATION OF PRIVATE AND HYBRIDAL NETWORKS

Such as Hyperledger, Quorum and Ethereum. We create private and hybrid networks according to requirements.

SMARTCONTRACT DEVELOPMENT

ChainCodes or SmartContracts. We develop use cases applied to business needs.

SPECIALIST TRAINING

We train teams in the use and development of different Blockchain technologies, such as Ethereum, Quorum and Hyperledger. From theoretical concepts such as what is a Smart Contract? to deployments of an actual contract on the network.

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