In a move to deepen its expertise and guarantee high-quality services for its clients, blockchain development company Unicsoft is collaborating with top-notch blockchain networks and ecosystems and is now performing as a certified Hedera hashgraph development partner.
The global economy is slowly transitioning towards digitalization and more companies are embracing web3 technologies for their ability to boost transparency and security while cutting operational expenses.
Studies from Statista predict that the blockchain market will grow, with one forecasting it to be worth $943 billion by 2032 with an annual growth rate of 56.1%.
Decentralized public network Hedera created the hashgraph consensus algorithm, which is known to have lower transaction fees, high scalability potential, and a strong level of trust.
Major companies like Mondelēz International and ServiceNow have adopted Hedera for digital transformation, supply chain management, and secure, efficient digital workflows.
About Hedera
Rather than relying on mining or proof-of-work (PoW) like blockchain networks, Hedera utilizes the unique hashgraph consensus algorithm to rapidly and securely validate transactions through communication between nodes.
Hedera’s fees at only $0.0001 per transaction are much more affordable compared to other popular blockchains. Ethereum, for instance, has a current average fee of $2.51 per transaction.
Businesses, especially those transacting in high volumes, can save more of their budget and channel it to more meaningful initiatives. They can also offer their services to customers at a lower price.
Hedera’s high throughput, with over 70 billion transactions processed at the time of writing, also ensures fast processing of transactions with low latency, increasing the efficiency of apps built on it.
These numbers are expected to continue to grow in the future as Hedera continues to scale to meet transaction demands.
Decentralized governance is hard to come by in #web3.
— Hedera (@hedera) May 15, 2024
Transparent, responsible, and trusted #governance - with established, enterprise members spread across industries and continents - even more so.
Explore the #Hedera Council 🌐 https://t.co/2g5UuCGlWapic.twitter.com/Hx8PbpZv4O
With the high level of security and trust it provides through its asynchronous Byzantine fault tolerance (ABFT) and strong ecosystem governed by a council of industry giants, businesses can be assured that their sensitive data is protected and that they can rely on its community for additional support.
To top it off, the Hedera hashgraph consensus algorithm is energy-efficient, reducing its carbon footprint significantly compared to traditional blockchains.
This makes platforms on Hedera sustainable and environment-friendly, which also gives businesses an easier time when it comes to regulation compliance.
What Does It Mean to be a Certified Hedera Hashgraph Partner?
With these benefits, Unicsoft recognized the potential of Hedera Hashgraph in the services it offers, building secure and scalable decentralized applications for fintech, healthcare, and other industries.
Unicsoft’s Hedera hashgraph services include:
- Custom App Development: Collaborates on a wide range of projects, such as creating software, DeFi apps, and smart contracts, tokenizing real-world assets, and streamlining supply chains
- App Consulting: Provides expertise and practical insights from design to execution, enabling businesses to improve the performance, security, and scalability of their apps.
- Integration and Migration Services: Integrates Hedera hashgraph into existing infrastructure, facilitates data transfer through migration strategies, and develops custom APIs
- Performance Optimization: Enhances the speed and efficiency of Hedera-based apps by increasing throughput, minimizing latency, and optimizing the use of resources
- Security Audit: Pinpoints vulnerabilities, analyzes risks, and provides expert advice on how to enhance the security of data and other assets through penetration testing, code review, and customized compliance audits
- Smart Contract Development: Builds and deploys self-executing smart contracts to enforce predetermined rules for process and transaction automation
As a certified Hedera hashgraph partner, Unicsoft also continues to work closely with the blockchain network’s core development team, introducing more innovative products and assisting newcomers in the ecosystem.
"We are proud to partner with Unicsoft," highlighted Ian Holsman from Hashgraph, part of the Hedera ecosystem.
"As industry leaders, their expertise in Solidity smart contract development and Web3 UI positions them uniquely to deliver business-led solutions. Their commitment to implementing industry-standard Ethereum Improvement Proposals around DeFi and regulated tokens sets a strong foundation for our collaboration."
"Looking ahead, we are excited to explore opportunities in the Real-World Asset Tokenization space together," Holsman concluded.
Developing a Sports NFT Marketplace on the Hedera Network
A great example of Unicsoft’s work as a certified Hedera hashgraph partner is its collaboration with sports marketing agency TMA International in developing an NFT marketplace that also acts as a community hub.
Spanning different sports categories and different countries, Unicsoft’s solution, Lokkaroom, enabled fans to buy and trade NFTs and event tickets on its app and website.
Lokkaroom’s top features include:
- Wallet and Gallery: In-app wallets from clubs allow users to view their holdings, orders, etc.
- Shop: Fans can buy NFTs directly in the app.
- Resale: Users can resell their digital assets at a price they want.
- Voting: Fans can cast their votes on app events like competitions and quizzes, earning rewards in the process.
These were all made possible by integrating with the Hedera network for tokenization, integrating Google Cloud Platform (GCP) for hosting, applying continuous integration and continuous deployment (CI/CD), enhancing security, and using Google’s Kubernetes technology to set up 100% microservice.
Unicsoft developers are also working with TMA International to update the app with new features like NFT creation, as well as more sports categories and football clubs in additional countries.
Whether it’s app development, asset tokenization, NFT marketplace creation, or DeFi solutions, it’s best to always look for that “certified” tag in your potential tech partners to ensure efficient and prompt delivery of quality services.
