Blockchain , It is a digital ledger of transactions that are replicated and distributed in the network of all computer systems on the information recording system and blockchain in a way that makes it difficult or impossible to modify, hack or cheat the system. Each block in the chain contains a series of transactions, and each time a new transaction occurs on the blockchain, a record of the relevant transaction is added to each participant's ledger. The decentralized database managed by multiple participants is known as Distributed Ledger Technology (DLT).
It means that whenever a block in a chain is changed or tampered with, it will be immediately recognized. If one wishes to disrupt a blockchain system in the chain block structure in the computer system, it has to change every block in the chain in all distributed versions of the chain.
To speed up transactions, a set of rules belonging to the smart contract, blockchain It is stored in and flow occurs automatically. The smart contract can define rules for transfers of corporate transactions, include conditions for a payable system, and more.



BLOCKCHAIN (Block Chain) IN GENERAL;
❖ Fast (No 3rd Party)
❖ Decentralized (Node as Server)
❖ Secure (Signed Encrypted)
❖ Irreversible (Chained),
❖ End-to-End, DLT - Distributed Storage System

OUR BLOCKCHAIN CONSULTANCY PROCESS;
Apart from our vertical products that we developed with BLOCKCHAIN, our technical knowledge, knowledge and experience We offer a structure consisting of 3 levels that we can share.
❖ Business Consultancy (Project planning, Determination of legislation, creation of feasibility, determination of new business situations in accordance with the structure, Legal processes)
❖ Technical Consultancy (determination of technical infrastructure, presentation and adaptation of hardware and software at the optimum level of technologies and determining coding standards)
❖ Development Consultancy (How to code in blockchain projects, determine the coding method and provide support in coding, build the framework infrastructure)


Click for the presentation.

BLOCKCHAIN FEATURES
❖ Develop an unlimited number of ff distributed applications on the blockchain (DAPP - Distributed Applications)
❖ High production capacity (100,000 operations per second)
❖ Parallel processing, horizontal scalability and asynchronous communication support
❖ Supporting consensus algorithms such as PoS, DPoS, TaPoS (Proof Bet, Distributed Proof of Bet, Transaction as Proof of Stake) or Hashgraph. Development of smart contracts (Smart Contracts: Programmable blocks of code triggered by specific events or schedules)
❖ Tokenization (Supporting value generator or incentive digital assets based on specific behavior or actions)
❖ Against external cyberattacks cryptographic security use of standards
❖ Supporting control mechanisms such as BFT or RBFT against internal cyber attack or attack scenarios
❖ Supports institutional, legal and regulatory processes and authorities
❖ Development of APIs such as account, wallet and role-Basic Access privileges, database access
❖ Integration with corporate systems
❖ Developing smart contracts using various programming languages such as Java, C ++, .Net (C #) Blockchain Diversity;
❖ Public: Open read / write, slow, everyone, Anonymous, Censorship resistant, from legal framework, Open Access Applications
❖ Private (private and closed) and Federated: Authorized read / write, faster, Complies with regulations such as pre-approved participants, known IDs, AML, KYC, Enterprise-level systems
What Kinds Of Business Fits:
❖ Contract management required
❖ Records should be shared and followed by at least two paths.
❖ Complex and costly due to the presence of intermediaries and central authority - Complex and costly due to manual processes and duplicate registration
❖ More credibility, transparency and accountability needed
❖ Prone security attacks and human error

DIFFERENCES AND ADVANTAGES
❖ Provides P2P operation without intermediaries
❖ It removes physical, logical and political boundaries
❖ Reduces Costs and Wages
❖ Provides Trust and Compromise
❖ Kills a Single Point of Failure
❖ Provides High Security
❖ Prevents Data Manipulation
❖ Facilitates Integration
❖ Transaction and Data Integrity
❖ Higher Availability

POTENTIAL SECTORS and USAGE AREAS: - Payment and Money Transfers, KYC - Know Your Customer, IAM - Identity and Access Management, Asset Transfers, Gift Cards and Loyalty, Openness and Payment, Smart Contracts, Notary, Land Registry, Distributed Cloud Storage, IoT, Voting, Copyright

REFERENCES : DCBank of Canada, Colin's,IBB (White Table),Azerbaijani Group Company, Azerbaijani Group Company cybernet.az, ContactWise.io, Poldy HR Software,Checklas Tire Inc.