Steps to Develop a Blockchain Solution from Scratch

Steps to Develop a Blockchain Solution from Scratch

Developing a blockchain solution requires a deep understanding of blockchain technology and its associated concepts. It is recommended to seek expert consultation who are key players in this field to ensure a successful development process. Developing a blockchain solution from scratch involves several steps no matter the industry where you are, Will take you through general guidelines to follow, 

  1. Clearly identify the use case for which (problem/cause) you want to develop a blockchain solution. Understand the pain points and challenges that can be addressed using blockchain technology. Get a checklist on the perspective of the industries. 
  1. Evaluate different blockchain platforms (e.g., Ethereum, Hyperledger, Corda) based on your requirements and select the one that best fits your use case. Consider factors like scalability, security, consensus mechanisms, and smart contract capabilities. As because Choosing the right blockchain platform is very important. 
  1. Define the architecture of your blockchain solution along with the assistance of development companies like BSEtec, a leading blockchain development company to determine blocks, nodes, their roles, and the network topology. Get consulted if your requirement needs public or private blockchain or a hybrid solution to be developed. 
  1. Design and develop user interfaces (UI) along with the blockchain development company’s UI/UX team creating web or mobile applications to interact with the blockchain solution, and smart contracts, view transaction history, and perform other relevant actions.
  1. Smart contracts are self-executing contracts with predefined rules and conditions. Use a programming language supported by your chosen blockchain platform (e.g., Solidity for Ethereum) to write smart contracts that automate business processes. 
  1. Thoroughly test your blockchain solution to identify and fix any bugs or vulnerabilities. Conduct both unit testing and integration testing to ensure the system functions as intended.
  1. Deploy the blockchain solution on the chosen platform and make it accessible to users. Regularly monitor and maintain the system to ensure its smooth.
  1. Continuously gather feedback from users /stakeholders to identify areas for improvement. Regularly update and enhance your blockchain solution to meet evolving needs & challenges. 

Case Study: Blockchain in Education 

Pain points in the education industry 

Developing a blockchain solution from scratch for education involves several steps. Here is a step-by-step guide. Even though the eLearning system has been introduced and started to adopt a traditional way of education, it is been still open and the top pain points in educational organisations are as, 

Step 1: Identifying the problem and use case “Academic certificate evaluation as at the end of faculties. 

So this first step is to identify the problem or pain point in the education sector that can be solved using blockchain technology. For example, faculties have to manually evaluate the papers and sign them all as per students count, here arrives the lack of transparency and trust in verifying academic credentials.

Digital Solutions wants to develop a solution to authenticate,tamper-proof system for verifying academic certificates, accessible to both employers and educational institutions. Digital Solutions approached BSEtec for blockchain development for their educational institute.

Step 2: We defined the objectives and requirements for the problem identified & listed by Digital Solutions and determined the desired level of transparency, security, scalability, and interoperability.

Step 3: We also designed the blockchain architecture based on the requirements, design the blockchain architecture, including the choice of blockchain platform, consensus mechanism, data structure, and smart contract functionality to store the certificate details, including student name, degree, date of issuance, and a unique certificate ID. The contract also includes functions to verify the authenticity of certificates.

Considering factors such as scalability, privacy, and performance by developing smart contracts and data models. 

  1. Developing smart contracts that define the rules and logic for verifying academic certificates which are predefined and executed as per the contract creation. 
  1. Designing data models to represent the certificate information and any additional metadata required for verification.

Step 4: We also set up a private blockchain network with multiple nodes, including the university, employers, and other educational institutions. They create channels to control access to certificate data based on permissions by integrating the blockchain solution along the existing systems and databases to ensure seamless data flow and interoperability. This may involve building APIs or connectors to connect the blockchain network with external systems. Thus it’s the blockchain solution for student information systems and online certificate issuance platforms. Certificate data is automatically recorded on the blockchain upon issuance.

Step 5: Later on we deployed and thoroughly tested the blockchain solution to ensure its functionality, security, and performance of blockchain solution, including verifying certificates issued by the university and validating them with employers with test cases manually & automation. Once satisfied with the results, deploy the solution for production use.

Step 6: Finally our team has a dedicated team to monitor and maintain their developed blockchain solution. They actively seek feedback to enhance the verification process address any concerns and enhance the application based on your needs. 

Overall, when you develop a Blockchain solution from scratch follow the guidelines shared with you, if you are looking for blockchain development you can reach the well-experienced company for blockchain BSEtec leading blockchain development company that guides you, provides consultation and develops blockchain solutions for various industries banking & finance, education, logistics, supply chain, healthcare, E-commerce, food ordering applications and so on.. at affordable prices and with on-time delivery. Contact BSEtec for custom blockchain solutions.

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