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The technical side of blockchain development

Blockchain-based developments and projects are becoming increasingly diverse and have already found application in a variety of industries, from fintech to supply chain traceability. DeFi, tokenization, meta-universes, and CBDCs are just a few of the blockchain trends now on the radar. At the same time, the technical side of blockchain is also changing, becoming more complex, applicable, scalable and secure.
The technical side of blockchain development
The technical side of blockchain development
New architectural solutions expand blockchain's applicability
New architectural solutions expand blockchain's applicability
Blockchain technology gains standards for mutual integration and data exchange
Blockchain technology gains standards for mutual integration and data exchange
The development of blockchain solutions is accelerating along with the global need for digital security
The development of blockchain solutions is accelerating along with the global need for digital security
New blockchain architectures
Today's blockchain-based projects require new architectures to eliminate operational speed and network scalability issues. The first blockchain generations were too expensive to implement at the small to medium enterprise level. In the first phase of blockchain development, implementation was at the level of large private and public organizations. New blockchain architectural solutions and business-oriented interfaces will expand the applicability and accessibility of blockchain-based tools.
Blockchain standardization
Enterprises and public sector organizations are setting the standard for the industry. Early blockchain development was necessary to test the technology and find a direction for development. Now blockchain needs to be standardized so that different ecosystems can communicate with each other, share data, and integrate into more complex structures. In some countries, regulators have already started the standardization process.
Blockchain as a service
Companies do not need to develop their own blockchain for their own purposes. Blockchain as a Service (BaaS) is based on the Software as a Service (SaaS) model, a cloud-based service solution for easy creation and use of blockchain products. The BaaS provider takes over the entire effort of maintaining the underlying infrastructure for developing and using blockchain tools. This solution enables companies to save development costs and focus on products without technical complexity.
New architectural solutions expand blockchain's applicability
New architectural solutions expand blockchain's applicability
Blockchain technology gains standards for mutual integration and data exchange
Blockchain technology gains standards for mutual integration and data exchange
The development of blockchain solutions is accelerating along with the global need for digital security
The development of blockchain solutions is accelerating along with the global need for digital security
Blockchain for security
Blockchain remains the most appropriate and effective way to address security and resilience issues. The development of the Internet of Things, 5G networks, and artificial intelligence requires stronger security measures to protect against hacking and data leakage.

Financial projects also need improved security measures so that people can invest in projects with confidence. Security is now a priority in the digital world, and this is helping to accelerate the development of blockchain solutions along with the legalization of cryptocurrencies around the world.
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