Experts in Blockchain Consulting
Developing Innovative Solutions With Distributed Ledger Technology
At Anderson Software LLC, we help clients determine if blockchain is a good fit for their business and, if so, help them develop trustworthy technology.
We offer free consultations; Find out if blockchain can improve your business!
Security as a forethought, not an afterthought
Blockchain and Distributed Ledger technology are often used because traditional trust models are insufficient. Blockchain offers data immutability; many project designs incorporate other properties such as privilege control, private data channels, and data authentication. These properties are guaranteed by cryptographic primitives working as a whole to build a secure solution. Many today working on blockchain technology do not have a solid foundation in the study of modern cryptography. This lack of understanding can lead to trivial and seemingly minuscule mistakes that can foil secure designs. Our specialists understand not only blockchain, distributed ledger, and popular frameworks but are also experts in modern cryptographic proofs, security principles, and cryptographic primitive design risks.
An Opportunity beyond Cryptocurrency
When most people think of blockchain, they immediately think of cryptocurrency and often Bitcoin; for Bitcoin to be a reality however, many serious issues in distributed ledger technology needed to be solved. Blockchain was the solution. Those who have a computer science background may have read the Bitcoin whitepaper and found it interesting if relatively limited in use due to its time and space constraints and overall inefficiency compared to other technologies available. In the years after the bitcoin whitepaper was published, research has been ongoing, which brought about many advances and has opened up blockchain technology to many new markets.
The number of market opportunities available now in building and leading the way in secure applications should not be overlooked by any business trying to compete in today's marketplace. Ethereum opened the door to smart contracts (programs which run on the blockchain) and the myriad of distributed apps that could interact with them. The Solidity programming language for building apps that could run on the Ethereum virtual machine has opened many new possibilities. Quorum, developed by Chase Bank, has added support for private Distributed Byzantine fault-tolerant consensus algorithms that have eliminated forks in private networks and introduced private data channels along with the public ones for intercompany networks. Hyperledger saw a use case in making more private and business-oriented networks. It introduced toolkits that support building custom blockchain apps running on private chains with their Chaincode programming language.
Emphasis on Research-Backed Designs
Rather than reinvent the wheel at our client's expense, our company follows all the latest developments in blockchain technology and relevant cryptographic concepts. This initiative allows us to build projects for our clients that are state of the art and follow the best practices in blockchain design. By following the latest research, we can work to fit client design goals best. Technologies already exist that can help promote either permissioned or anonymous networks and assure users have the authority to perform actions (even anonymously).
Many fields of cryptography, which before were merely novel concepts, have found practical use in the blockchain world. Work on blind signatures, ring signatures, and zero-knowledge proofs are finding themselves used increasingly in blockchain designs to assure privacy, anonymity, eligibility, and ownership. Having knowledge and understanding of not only these concepts but also the continually improving research around them can help create designs and projects that otherwise would be impossible. Regardless of your project's needs, having a company with a solid understanding of the continually ongoing research in these fields can only benefit your project planning and design.