Enterprise Blockchain Services
Prototyping a system or a solution is one of the most important enterprise blockchain services that a professional company can offer. As one of the early stages of the development process, prototyping is not only crucial for testing the viability of a concept, it can also play a crucial role for the success of a project by laying a solid foundation to support further development.
At LimeChain, we understand that the work done during the prototyping phase can make or break a blockchain project. That’s why we offer a suite of enterprise blockchain services designed specifically to help projects navigate through the prototyping stage.
It all starts with developing a proof of concept (PoC). This step should not be underestimated, as having a solid PoC can lead to significant benefits. PoC development provides a quick and cost-efficient way to assess an idea in a safe environment and determine whether it can lead to a viable solution. Because of this, PoCs provide ample opportunities for experimentation and research, which is key for figuring out the potential, as well as the limitations, of a novel technology like blockchain.
Blockchain PoCs are widely used by public and private organizations across multiple industries, including finance, insurance, supply chain management, identity management and more.
Over the past three years, LimeChain has worked on more than 80 blockchain projects. Most of those projects started out as PoCs, allowing us to gain significant experience in PoC development. Having helmed dozens of PoCs, we are confident in our ability to guide a project through the various steps of the PoC development process, which include business value assessment, scope outline and selecting the right technology for the job. Our team is quite proficient in working with the following technologies:
- Blockchain protocols: Ethereum, Hedera Hashgraph, EOS, Hyperledger Besu, Hyperledger Fabric
- Client-side development: React.js, Angular, Vue.js, Ionic, React Native
- Server-side development: Node.js, Golang
With PoC taken care of, let’s take a look at the other part of the enterprise blockchain development services – the prototyping stage.
Whereas a proof of concept allows you to assess the viability of an idea, a minimum viable product presents a way to test the practical application of that idea. The MVP development process involves building a product with just enough features to create a working prototype based on the initial concept.
There are many reasons to consider developing a blockchain MVP. For starters, an idea may seem great on paper or in a controlled environment, but it eventually needs to be tested against feedback from actual users. Building an MVP is the perfect way to do so. In the hands of a skilled and capable team, an MVP can be developed quickly and efficiently.
An MVP can also be instrumental in identifying the right market for a product or service and determining whether the initial concept needs to be tweaked, modified or abandoned entirely.
Another advantage of MVPs is that they enable fast market entry. This can be crucial for gaining first mover advantage, especially for startups, which often rely on the strength of their innovative ideas to succeed against larger competitors.
Finally, a well designed MVP can be easily scaled with the addition of more creatures and functionalities. In this way, an MVP can provide a solid foundation for developing a full-fledged product.