A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. With more than 1,100 cryptocurrencies and a total market cap of approximately $150 billion circulating in the market today, this ‘next-gen gold’ has taken the financial world by storm. The use of crypto currencies for payment transactions is just the start, the applications are virtually limitless. Here are some of the top cryptocurrencies based on market cap value
- Bitcoin,
- Ethereum,
- Bitcoin Cash,
- Ripple,
- Litecoin,
- Dash,
- NEO,
- IOTA,
- Monero,
- NEM
Cryptocurrency Solutions
The cryptocurrencies has been the hot buzz around the world in recent years; most notable crypto currency Bitcoin, Ethereum, Ripple and many more rising in popularity and value; Businesses are opting towards a more secure and reliable payment platform. Our expert analysts help businesses make this transition and adaption to the virtual finance hassle free and lightning quick. This helps boost their revenue as they would be ahead of the curve from other peers. Integrating this with all your payment option and gateways make revenue optimization much simpler.
Cryptocurrency creation
Organizations can create cryptocurrency for internal use; for a club that they are a part of (for its members) or anything else. In its pure sense, it’s a currency created by the people, for the people. There are a few steps involved in creating a cryptocurrency; you cannot just go around creating cryptocurrency and expect people to buy, mine or hold it. It should present itself with some value or serve a purpose of intent.
First and foremost, the currency should be built on a stable and self sustaining platform. In recent times Ethereum seems to be the go to place for cryptocurrency creators.
Blockchain platform: Ethereum
Ethereum being a public, open-source, blockchain-based distributed platform featuring smart contract functionality; Provides a decentralized and effective virtual machine, the Ethereum Virtual Machine (EVM).
Scripts can be executed in this virtual machine using an international network of public nodes. This in-turn enables techies to effectively build and deploy decentralized applications. Literally Decentralization is distribution or dispersion of control and functions away from a central or governing location. With the context of technology, decentralization is almost similar.
Creating own cryptocurrency in Ethereum:
Cryptocurrencies can be created Ethereum as digital tokens and modify its rules around the offering. These tokens can represent any exchangeable good such as loyalty points, coins, in-game items, and many more.
We provide solutions and consultation on everything about cryptocurrency creation.
ICO Consulting
We at Scalablockchain offer exclusive support and consultation service for Initial Coin Offering or the ICO. Initial Coin Offering being a fund raising mechanism in which new projects sell their underlying crypto tokens . ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community.
Some quantity of the crowd funded cryptocurrency is already allocated to investor in the form of “tokens,” in exchange for legal tender or other cryptocurrencies such as Bitcoin or Ethereum. These tokens become functional units of currency if or when the ICO’s funding goal is met and the project launches. A customer loyalty program is a structured and long-term marketing effort which provides incentives to repeat customers who demonstrate loyal buying behavior. Successful programs are designed to motivate customers in a business’s target market to return often, make frequent purchases, and shun competitors.
Global Businesses are adapting to the crypto environment. They want their customers to have special privileges and ease of access during transaction. Having their own virtual or cryptocurrency solves most of the hassles with the cross border transaction and financial governing body guidelines.
We offer expert consultation on Ethereum and ERC20 based crypto token creation, Ethereum, Smooth running of the ICO,ICO consulting,ICO launch, Cryptocurrency integration,ICO compliance and all technology related services with regards to the crypto environment.
Why businesses are adapting to cryptocurrency environment?
Many businesses want to provide the clients with the latest and more efficient solution and services. In an era where the traditional currency is so outdated, here are some attributes that make cryptocurrency the an inevitable alternative
- Adaptive Scaling: Ability of the cryptocurrency to work well in both large and small scales.
- Decentralized: Cryptocurrencies creation and transactions are open source, controlled by code, and rely on “peer-to-peer” networks across the globe. One single entity cannot affect the currency.
- Cryptographic: Cryptocurrency uses a system of cryptography, commonly referred to as encryption to control the creation of coins and to verify transactions.
- Open Source: Cryptocurrencies are open source. Developers can create APIs without paying a fee and anyone can join or use the network.
- Digital: Cryptocurrency is completely virtual or digital. They are stored in digital wallets and transferred digitally to other peoples’ digital wallets. No physical object ever exists.
- Value: The value of the currency should either appreciate or depreciate in value in the market.
- Pseudo-anonymity: Owners of cryptocurrency keep their digital coins in an encrypted digital wallet. A coin-holder’s identification is stored in an encrypted address that they have control over – it is not attached to a person’s identity.
- Precision: Smart contracts execute the exact code provided, ensuring zero errors.
The blockchain is already a disruptive technology, and with these benefits – the potential behind smart contracts is another facet to be excited about.
Our Clients
SABLEASSENT
SABLEASSENT (https://sableassent.com), a Global Black Resource Platform for both Profit and Non-Profit businesses to grow, thrive and build up the Global Black Community. Aiming to fulfil the core competencies of the new age cryptocurrencies i.e. hassle free global transactions, payment entity and also an investment strutting towards highly rewarding and promising trajectory.Read More
ARENA
Arena tokens can be used in paying experts and members who sell eSports, sports, and cryptocurrency trading picks. The token would also be used for bounties, trading, and sponsored eSports competitions. With a total supply.
Use Cases
Payment Gateway integration with Cryptocurrency in WordPress
It’s the right time
Here are some more compelling reason why you should adapt to the cryptocurrency era.
- Transaction fee is non-existent, cuts out the existence of a middle-man
- Less wait time as all transactions are processed in a matter of minutes
- Not constrained by national borders, single government or a company (i.e.) universal
- No time interval or contract expiration unlike trading metals and crude oil
- A great investment for your future, great Return on investment (ROI) in a matter of months
Being a pioneer in a variety of blockchain and cryptocurrency based solutions; Scala Blockchain (www.scalablockchain.com) provides innovative blockchain and cryptocurrency solution and services pertaining to Cryptocurrency consulting offered by hand-picked team of expert cryptocurrency consultants.