The advent of blockchain technology has resulted in an increased demand of software developments firms. Oodles Technologies is one of a kind custom Blockchain App Development Solutions provider in India. We offer end-to-end Blockchain Services to the companies from across the globe. The services we offer help businesses kickstart their crypto project in no duration.

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What Is Blockchain?

Blockchain is an indigenous invention and is said to be the brainchild of a person or a group of people. It contains a chain of blocks that are electronically linked together to create a huge database containing a pool of information which is cryptographically secure. In fact, it uses the most advanced and safe form of cryptography developed to this date. And thus, it can create a permanent and tamper-proof record of information that is almost impossible to alter at any point of time.

These blocks are basically a list of ordered transactions that are saved inside each block and the digital information once stored on a block cannot be altered or modified. It also eliminates the need for an intermediary organization like banks or financial institutes to intervene in order to facilitate monetary transactions, thereby helping in cost-cutting. In other words, we can say that it totally eliminates the transaction charges. As a matter of fact, Blockchain service providers worldwide have garnered huge revenues in the recent past because of the number of blockchain-based transactions being on a continuous increase over the past few years.