Sofocle in the midst of Blockchain Revolution
Sofocle is a blockchain technology company, focused on building innovative products using blockchain and smart contracts. The company designs and develops blockchain powered enterprise solutions in banking, financial, and other industries.
We help you evaluate and implement blockchain technology in your business domains like Trade Finance, Digital Assets Management, Payments etc.
We help you identify the use cases suitable for Blockchain technology, relevant to your organization and implement them using our expert team of Blockchain developers.
We implement highly secure and reliable smart contracts with automated triggers using Rootstock, Ehtereum, HyperLedger, and other blockchain application.
Let's deliver the right solution for your business.
Sofocle is one of the fastest growing technology companies focused on researching and developing Blockchain solutions. Our team of experts is always researching on the new use cases of Blockchain Technology for different industries and businesses.
Prominent Consultants: Our team of consultants is used to understanding client’s business in depth, identifying key challenges that may prove to be the obstacles in the implementation of the solution.
Honest Business Advice: We believe in building and maintaining long-term relationships with our client. Our team gives you honest feedback about your business processes and whether it can be enhanced implementing Blockchain system.
Always on time: We respect time, whether it’s our’s or our client’s. We are bound to deliver project before the deadlines committed. We achieve this by breaking down the deadline of the whole project into individual deadline of each task and then adhere to it.
Cost Effectiveness: We understand the value of your hard-earned money. Our Blockchain applications are designed to deliver optimum results with the minimum cost possible.
Confidentiality: We understand that while designing the Blockchain solutions we will have access to some of the very confidential information of your organization.
Rest assured, all the information is safe with us. We have strict policies for data storage and data sharing, so don’t worry, you are in safe hands.
Frequently asked Questions
Blockchain technology is based on distributed database/shared ledger technology which allows the digital information to be distributed but not copied. In a Blockchain system, all the computers (called nodes) in the network verify and authorize each transaction, and not a single central authority. These transactions are then stored in the form of data blocks, stacked with each other in an unalterable manner. These features make a Blockchain very secure and unalterable. Blockchain technology was originally designed for the exchange of the Cryptocurrencies.
Cryptocurrency is digital cash which works on the concept decentralized network, for example, Bitcoin. Ethereum, like Bitcoin, is another single large network that runs on a cryptocurrency – Ether.
Blockchain technology is relatively new. Researchers have already proposed its use cases in industries like Healthcare, Manufacturing, Finance/Banking and quite a few companies have started testing Blockchain applications. However, no matter your business in what industry, there must be some processes in your organization which require secure and authentic transactions. Nonetheless, every organization has some important contracts with third party organization, which are required to be protected at all cost, keeping the integrity and content of the documents intact. Also, especially in the case of an organization developing products, it is essential to track product/raw material movement.
Blockchain solutions can help you in streamlining above mentioned processes. Our interaction with a client begins with a complimentary consultation to explore the business proposition and the use case for blockchain.
We are based out of Delhi NCR, India, but we operate globally. We are competent in developing blockchain solutions for both corporates and startup.
The development process totally depends on the complexity of the solution and depth of the business processes. But usually, it takes 6 – 12 months to ideate and implement a Blockchain solution. Providing training to the client’s team is an integral part of our implementation process.
Though we are one of the Blockchain Technology startups, but we have excellent expertise in Blockchain development. We are eager to make a name in the Blockchain industry, so you can expect 100% commitment from our team. We intend to become one of the best blockchain companies worldwide.
More about Blockchain
Check out what some of the Industry experts have to say about Blockchain technology and its implications across industries.
Proof of Work VS Proof of Stake – Simplified Explanation.
How the blockchain will radically transform the economy | Bettina Warburg.
Blythe Masters presents on how major financial institutions and their regulators should explore the potential for technologies like the blockchain.
NEWS AND EVENTS
WORLD IS TALKING ABOUT BLOCKCHAIN
Sofocle Participated in the Blockchain Symposium on August 4, Mumbai.
Sofocle team participated participated at Blockchain India Summit, 2016 at New Delhi
Sofocle was part of Bangalore’s Global Bitcoin Conference
Upcoming Summit 2017
- Ethereum Naming Service (ENS) – No Need to Type the Weird Ethereum Addresses Anymore! September 25, 2017
- Why it is Necessary to have a Proof of Concept (POC) August 21, 2017
- Can Blockchain Technology be ‘The Approach’ to Cyber Security? July 12, 2017