Quorum Development

The Blockchain for the Financial Industry

Specialists in Financial Applications on Blockchain

Quorum Development is a step toward widespread blockchain usage in the banking sector. Quorum is an ethereum-based permissioned blockchain network aimed at businesses and specifically developed for the financial sector. Quorum Blockchain is designed to facilitate the exchange and replication of data, which is a typical requirement in the financial industry. This is a layer on top of Ethereum that allows for reliable private transaction performance using various consensus algorithms. The Quorum protocol outperforms the Go-ethereum(Geth) protocol in terms of performance.

On the Quorum Network we build for you, there are three key components:

Quorum Node Modified Go-Ethereum Client

Constellation Transaction Manager

Constellation Enclave

How Quorum Works?

Best Bitcoin Mining Software Development Company

Privacy

Through the public/private state separation on Quorumn Blockchain, we may create private transactions and private contracts. We employ Constellation, a peer-to-peer (P2P) system that sends encrypted messages from private data to network participants.

Alternative Consensus Mechanisms

Instead of POW or POS, Quorum provides a variety of consensus protocols. Istanbul BFT consensus algorithm with transaction finality for faster blocktimes, transaction finality, and on-demand block creation Raft-based Consensus model for faster blocktimes, transaction finality, and on-demand block creation

Peers Permissioning 

Peer permissioning and smart contracts are used by the node to ensure that only authorised parties can join the blockchain network. Connections from and to permissioned/authorized nodes are now allowed through the peer-to-peer layer.

Use Case of Quorum Development

For the financial industry, we develop Quorum Solutions for a variety of private/permission applications. Our quorum specialists and blockchain enthusiasts have created solutions for the following applications.

  • A platform for Asset Tokenization
  • Development of Stablecoins
  • Services of Custody
  • Voting via secret ballot
  • DApps with a Quorum
  • Solutions for Government Welfare
  • Exchange of digital assets on a peer-to-peer basis
  • Compliance with Data Integrity
  • The layer of Interbank Settlement
  • Loyalty Points are given out.

We Spotlighted In

yahoo (1)
digi (1)
strmarket (3)
ibt (1)
apla (1)
market (1)
street (1)
ac50nb5ncfgsqrdnvnso (1)

Partnering With

History is tedious! Numbers,
on the other hand, aren't!

Projects In Progress

50+

Blockchain Experience

4+ Years

Blockchain Experts

80%

Projects Completed

150

Team

300+

Talk To Our Experts

    Create Your Own

    NFT MARKETPLACE

    Interested In Our Services?

    BECOME OUR PARTNER

    Research and Development Centre

    INDIA

    407, Atulya IT Park,
    Bhawarkua Main Rd, Indore,
    Madhya Pradesh 452010

    +91 9770477239

    info@blockchainappmaker.com

    UK Address

    UK

    Apartment 4105, 25 Arena Tower Crossharbour Plaza, London E14 9YF

    +447401232155

    info@blockchainappmaker.com

    USA Address

    USA

    135, 447 Broadway, 2nd Floor, New York, NY 10013, USA

    +12025196167

    UAE Address

    UAE

    FDRK3822 Compass Building, Al Shohada Road, AL Hamra Industrial Zone-FZ, Ras Al Khaimah, United Arab Emirates

    +971585596272

    Australia Address

    Australia

    264 George Street, Sydney 2000

    +61480043472