Experience unparalleled data security with our private blockchain network solutions
Pixelette Technologies is a world-class provider of customisable private blockchain networks for businesses. Our team of experts specialises in designing secure and efficient networks that can be tailored to meet specific client needs, be it for supply chain management, financial transactions, or other use cases. Trust in our expertise and experience to deliver a high-performance private blockchain network with the highest level of security and scalability.
Elevate your business with our advanced private blockchain network development services
Types of blockchain networks we offer:
Technological Foundation
Blockchain
technology platform
Technology
stack
Benefits of private blockchain networks
Security
The benefits of a private blockchain network include enhanced security due to restricted access to the network. Only authorised participants are able to join and access the network. This greatly reduces the risk of unauthorised access and potential data breaches. Additionally, the improved confidentiality of transactions on a private blockchain network can help to protect sensitive information from being exposed to the public. As a result, private blockchain networks can provide a higher level of security compared to their public counterparts.
Control
Another benefit of a private blockchain network is the greater control organisations or groups have over the network. The organisation or group that owns the network can decide who is granted access and who can customise the network according to their requirements. This level of control can help organisations to better manage their operations, leading to more efficient and effective use of the network.
Efficiency
Private blockchain networks can also provide increased efficiency compared to public blockchain networks. Due to restricted access, private blockchain networks are not bogged down by the high volume of transactions that can occur on public blockchain networks. This can lead to faster transaction processing times and lower costs associated with maintaining and running the network.
Compliance
Private blockchains can also be used to meet regulatory requirements and compliance standards. This is because the network can be configured to ensure compliance with laws and regulations. This is highly important for organisations in highly regulated industries.
Audibility
Another benefit of private blockchain is audibility. An impartial third party can be appointed to ensure transparency and accountability. They can audit the network to ensure that it is being operated in a compliant and ethical manner.
Consistency
Private blockchain networks can be less prone to forks and network splits due to the centralised nature of the network. This can ensure that the network remains consistent and stable, which can also be beneficial for organisations that rely on the network for critical operations.
Privacy
The transactions on a private blockchain can be kept private and shared only with authorised parties. This is completely different from a public blockchain, where transactions are visible to everyone. This added layer of privacy can help organisations to protect sensitive information and can also help prevent fraud as well as other malicious activities against said organisations.
Our private blockchain development process
The first step in developing a private blockchain network is to identify the specific use case or problem the network will address. This will help to determine the specific requirements and features that the unauthorised need to have.
Once the use case has been identified, the next step is to choose a platform for developing the network. There are many blockchain platforms available, including Ethereum, Hyperledger Fabric, and Corda. Each platform has its own strengths and weaknesses. Therefore, it is important to choose one that is best suited for the particular use case.
The next step is to define the network participants and their roles. This includes determining who will have access to the network and what level of access they will have. This also includes determining who will be responsible for maintaining and managing the network as well.
Once the network participants have been defined, the next step is to design the network. This includes determining the network's architecture, the consensus mechanism to be used, and the smart contract functionality that will be implemented.
With the network design in place, the next step is to develop the network. This includes coding the smart contracts and building the nodes that will be used to support the network. It also includes testing the network to ensure that it is functioning as intended.
Once the network has been developed, it is ready to be deployed. This includes setting up the nodes, configuring the network, and testing it to ensure it is fully operational.
After the network is deployed, it is important to maintain it regularly. This includes monitoring the network for any issues, updating the network as required, and ensuring that the network continues to meet the organisation's needs.
Regularly audit the network by a trusted third party to ensure transparency and accountability.
Why choose Pixelette Technologies for private blockchain network development?
Expertise
Pixelette Technologies has a team of experienced blockchain developers who have a deep understanding of the technology and how it can be used to solve real-world problems. We have developed a number of successful blockchain projects in various industries with the knowledge and skills needed to develop a private blockchain network that meets the specific needs of the client’s organisation.
Customisation
Pixelette Technologies offers a high level of customisation for its private blockchain solutions. This added layer of flexibility allows us to tend to a variety of requirements. We work closely with our clients to understand their unique needs. Likewise, our team develops tailored solutions that address those needs.
Scalability
The team of Pixelette Technologies are experts in developing blockchain networks that are scalable. This means that they can handle a high volume of transactions and can be easily expanded as the organisation grows. This is particularly important for organisations that anticipate significant growth in the future.
Security
Security is our top priority when developing private blockchain networks. We use the latest security measures to protect the network and its valuable data from unauthorised access, hacking attempts, data breaches, etc. We also have experience in compliance with laws and regulations.
Support
Pixelette Technologies provides ongoing support for their private blockchain solutions, ensuring that the network remains fully operational and that any issues are quickly resolved. We also offer training to help organisations understand how to use and maintain their private blockchain network.
Cost-effective
Pixelette Technologies offers cost-effective solutions for private blockchain network development. We understand the importance of developing a solution that is affordable and that delivers a positive return on investment.
Awards & Recognitions
Our commitment to being at the forefront of the blockchain revolution has earned us much praise for our clients. As a result, we gained awards and recognition for our hard work on a global platform. Here are only some of our accomplishments:
Frequently Asked Questions (FAQs)
A private blockchain network is a decentralised and distributed digital ledger that allows only a specific group of participants to access and validate transactions.
A public blockchain network, such as Bitcoin or Ethereum, is open to anyone, while a private blockchain network is restricted to a specific group of participants.
Only authorised participants can join and validate transactions on a private blockchain network.
Consensus in a private blockchain network can be achieved through various mechanisms, such as voting or multi-signature validation.
Private blockchain networks offer increased security, faster transaction processing, and greater control over the network for authorised participants.
Private blockchain networks can be used for a wide range of applications, including supply chain management, financial services, and voting systems.
Joining a private blockchain network typically requires an invitation or permission from the network administrator.
Private blockchain networks can be deployed using various blockchain platforms such as Hyperledger, EOSIO or Ethereum with nodes that have special permission.
The cost of deploying a private blockchain network can vary depending on the size and complexity of the network, as well as the specific platform and the infrastructure used.
Private blockchain networks can be integrated with existing systems through APIs and other integration mechanisms, depending on the specific platform and infrastructure used.
