Blockchain App Development, Page 11 Category

Aviation industry is one of the fastest-growing transportation sectors. With the economies going digital, every sector including aviation needs to ramp-up its technological footprint. Blockchain is digitalizing aviation industry in a big way and opening doors to new opportunities. It provides high-level security and transparency that has a multifaceted impact on the aviation sector. Blockchain app development companies are enabling the aviation industry to make easy transition to a Blockchain-based ecosystem.

According to Allied market research, the global aviation blockchain market was estimated to value about $0.42 Billion in the year 2020. It is expected to reach a valuation of $1.15 Billion by the end of 2030. These statistics only indicate, that many more aviation companies will adopt Blockchain as their core technology, creating a wide space of growth for Blockchain app developers and companies.

Blockchain is the emerging language of global exchange which is more authentic, organized, secure and transparent. Blockchain offers:

The process of storing the data is fixed and organized. The decentralized computer system records every transaction, encrypts it and stores it in a digital ledger which is a shared system.

Changes cannot be enforced by any single member. Every change and update is bound to be approved by every member for it to become part of the already established mechanism.

A major benefit of the decentralized system is that an error at one point does not influence the other nodes in the system. Every transaction is recorded and stored as data blocks in the hierarchy of their time stamp. This chain of blocks keeps increasing with every transaction, offering a very high level data integrity. While every transaction is connected with the other, it is also separate and unique in itself.

There is a version system in the ledger where the same version is reflected to every member. This means that no one can alter anything without the consensus. Moreover, every data is encrypted by the system. Put together, Blockchain can be one of the safest technologies for any kind of transactions.

The aviation industry is a very complex sector that involves the tracking of numerous assets, and transactions. Safety of every traced entity has always been a challenge. Every challenge ends up costing the airlines in terms of money. Let us look into some of the challenges:

The real-time tracking of manned and unmanned flights is a major challenge ahead of the aviation sector as it can result in major hazards. A lot of manpower is invested in maintaining this information every minute, costing millions of dollars to the airports.

Airlines generally overbook the flight assuming unavailability of few of the passengers, resulting in a major disappointment for the passengers.

In cases where the passengers are denied service owing to over-boarding or flight delays, they have to undergo a time-consuming process for refunds. This results in poor customer experience.

Misplaced luggage is a frequent episode that costs money and woes to the air fliers. The long-pending requirement of a mechanism to tag and trace the assets including luggage can be very beneficial.

Record keeping is a major task that currently involves different aspects including technologies, systems and manpower, consuming hundreds of dollars.

These are some of the everyday challenges and there are many more that demand an effective technology for aviation management.

Blockchain can be implemented in a number of areas in the aviation sector to efficiently tackle small and big challenges.

Smart contracts can manage the transactions between all the involved entities including airlines and travel agents, unifying different processes such as monitoring, reconciliation, and settlement. The streamlined process enhances the accuracy, and speed of every transaction. Involving multiple vendors and partners for different activities costs any airline, some thousands of dollars.

Smart token systems can revolutionize ticketing systems with tokens for passengers and assets. Tracking of assets and passengers can tackle issues such as overbooking, and unorganized intermediaries. Frequent flyers can benefit from loyalty points and compensation vouchers, a great step towards customer satisfaction. Optimized use of transaction money helps both parties in saving money.

Asset tracking using the digital ledger can put an end to the problems related to luggage tracking and misplacement. All the valuable assets can be tagged to get their status and location. Blockchain is the tamper-proof and robust solution to record every event and transaction.

Certifications to validate every equipment, individual and process involved in the operations and management of the airlines can aid in providing necessary regulatory authentications. Streamlined and regulation-based processes ensure partnership with legit and responsible groups/individual to create a value chain.

Digital identification of assets contributes in the scalability of the airlines, providing it with the infrastructure to go global and collaborate with valued profitable partners.

Blockchain is the disruptive technology that offers multiple benefits including immutability, traceability, and transparency. Secure and decentralized storage and exchange of data without involving any third-party significantly enhances the efficiency of the airlines. A fully digitized system cuts down the cost of hiring multiple third-parties for operations and management, resulting in saving millions of dollars. Blockchain apps add infinite benefits for the management and governance of airlines.

Blockchain comes with multiple use cases for aviation industry with the potential to place any airlines on international platforms to collaborate with cross-border third-parties. Biz4solutions can be an ideal software development partner to develop scalable, responsive and user-friendly Blockchain applications to boost the efficiency and revenue of any airlines.

Blockchain has become a buzzword in today’s tech world. This technology has successfully resolved the traditional roadblocks existent in certain industrial domains by decentralizing data and opening up new avenues of security and transparency.

Blockchain records digital information in a manner that the information can be recorded and distributed, but not altered. Hence, Blockchain is used to form immutable ledgers and records or transactions that cannot be hacked, modified, or destroyed. Blockchain applications are employed for demanding tasks like the exchange of cryptocurrencies, the secure sharing of medical data, voting mechanism, NFT marketplaces, making/receiving cross-border payments, monitoring supply chain/logistics, and many more.

However, developing such solutions is not an easy task, and businesses planning to adopt Blockchain systems must be aware of the ins and outs of Blockchain development. One of the crucial considerations for creating Blockchain solutions is the programming language stack chosen for development. And, needless to say, the programming language should be chosen as per the project requirements. This post explores the offerings of the top Blockchain programming languages with examples of use cases. The write-up will provide a clear idea and help you to pick the most suitable language stack for your upcoming Blockchain project.

The Blockchain system comprises a digital ledger of transactions. Each block within the chain contains a certain number of transactions and whenever a new transaction takes place on the blockchain network, the transaction record is added to each participant’s ledger. This decentralized database is called DLT (Distributed Ledger Technology) and is managed by multiple participants.

Solidity was created by the Ethereum team in 2014 for writing Ethereum-based smart contracts, to enhance the usability of Blockchain solutions. With Solidity, developers were able to write a high-level code that is smart-contract oriented and that could be translated into the usable lower-level languages prevalent at that time. The language resembles the ECMAScript syntax but contains features such as static typing, variadic return types, and so on. And hence, it is one of the most preferred programming languages used for Blockchain projects and recommended by most Blockchain app developers around the world.

This statically typed Blockchain language offers a stable and flexible coding pattern for smart contracts and provides an accurate as well as a safe medium where different sources can frame smart contracts between parties. Moreover, it is a flexible and user-friendly language that comes with ABI (Application Binary Interface) that provides several type-safe functions. Developers can effortlessly acquire the necessary skills needed to use Solidity, whether they are experienced ones or simply beginners.

Blockchain Project Use Cases: Ethereum, Chainlink, Sushiswap, and Compound Protocol.

This object-oriented language is one of the key Blockchain programming languages. C++ was created to code the decentralized cryptocurrency system and developers employed it to code bitcoins. But today, it suits the purpose of other Blockchain-based projects and has been used for storing transaction information in cryptocurrencies like Ripple’s XRP Ledger, Ethereum’s smart contracts, etc.

C++ is easy to use and flexible; and comes with abilities like advanced multi-threading, primitive control over memory, and an efficient CPU management capability. It enables one to isolate the code for various data structures and allows you to move semantics so that data can be copied effectively. C++ users can control the code as desired – they can choose between providing full access to the code or allowing access to only certain aspects as per the need. With C++, one can easily manipulate blocks and chains, and so, is an ideal pick for scenarios where one needs to fully control their system resources.

Blockchain Project Use Cases: Monero, Ripple, Stellar, EOS, Litecoin.

Python is one of the most popular programming languages used for architecting Blockchain applications, crypto exchange, and smart contracts. It is a robust, versatile, and object-oriented programming language that comes with open-source support and also, several frameworks and libraries such as Numba that accelerate the development without affecting the performance or security. Python dynamically supports OOP, and hence, facilitates crafting solutions in Blockchain as well as in Machine Learning and Artificial Intelligence. Using this language, one can easily detect errors and debug those errors.Python is particularly helpful for newbie developers working on Blockchain projects as this language facilitates building prototypes quickly without having to write lengthy codes and the developers have the option of selecting from a wide range of plugins, libraries, and online resources.

Python, being an interpreted language creates roadblocks when complicated cryptographic operations are involved, but this problem can be resolved by the proficiency of experienced Blockchain app developers.

Blockchain Project Use Cases: Steemit, Ethereum, Hyperledger Fabric, NEO, etc.

GoLang, a statically typed, compiled and multi-threaded language created by Google, is one of the most popular Blockchain programming languages in the NFT marketplace. The language integrates the best of both worlds – the ease of developing the code and the effectiveness of compiled language. It combines the features of Java, Python, and C++ and is being used by the Hyperledger Fabric platform currently. It is user-friendly, fast, flexible, and scalable.

Using GoLang, one can run several processes simultaneously, and therefore, it is can effectively handle several parts of blockchain simultaneously. GoLang is not only speedy but also offers accessible maintenance features and so, it’s an ideal pick when a decentralized app is being distributed on Ethereum’s network. However, it comes with a difficult learning curve but will be simple for C++ developers.

Blockchain Project Use Cases: Ethereum, Loom Network, Hyperledger Fabric, GoChain, and Dero.

Java is an object-oriented programming language that follows a “write once and follow everywhere” approach and so, enables one to write codes that are highly portable. With the Java Virtual Machine (JVM), developers can run their codes on any system or platform. And, as the universal JVM is used for execution, Java programs need not depend on a system-specific architecture. This portability of Java facilitates the creation of easy-going and immutable blockchains. Furthermore, Java comes with an abundant API (Application Programming Interface) that contains several Java classes, interfaces, packages, etc. This property helps in building apps without any need to know their internal implementations.

Java offers a simple and extensible plugin architecture that helps to create a flexible Blockchain solution. Java has a huge and dynamic community that provides prompt and effective solutions to developers whenever they encounter any issue.

Blockchain Project Use Cases: IOTA, NEO, NEM, Ethereum, Fabric, and Hyperledger.

C# is an open-source programming language coined by Microsoft and enjoys humongous popularity worldwide. It employs easy Object-Oriented and Extensible Markup methods, without the developer’s help. Its rich library class simplifies the use of menu functions and implements them for coding. The assembly feature eases out handling the issue of version control. With C#, open-source developers can effortlessly write codes that are highly portable and run across several OS like Mac, Linux, Android, and Windows.

Blockchain Project Use Cases: IOTA, NEO, Blockchain as a Service, and Stratis.

Rholang is employed for creating smart contracts and high-grade Blockchain projects. It follows a functional approach – at first, it examines the application through several functions and thereafter, solves them as per the sequence. It is secure, reliable, easy to use, and speedy.

Low-Level-Lisp-like language, commonly known as LLL, is a low-level programming language. LLL happens to be quite easy-going and minimalistic, it’s just a small-sized wrapper directly placed over the EVM coding. This is one of the original Ethereum programming languages used for smart contracts. It offers a different programming discipline and point of view as compared to the universal Solidity language.

To make it compatible with EVM programming, the Lisp-like code contains a thin layer of parentheses. So, the LLL users enjoy high-end programming support while accessing various lower-level sources of power as well as memory locations. Moreover, this language enables programmers to develop effective contracts that are smaller in size as compared to the ones created using higher-level languages.

This high-level Blockchain programming language was designed for smart contracts and it caters to professional programmers as well as open-source developers. This language is relatively new and reduces the low-level understanding and complicated functionality of the Bitcoin Script.

Simplicity helps Blockchain app developers to enhance productivity and avoid distractions. It hides low-level components from engineers and developers, resulting in a rapid development speed.

This popular programming language works for Blockchain development as well because of Node.js, a runtime environment of JavaScript. The language helps developers to handle asynchronous code which is the fundamental prerequisite in the Blockchain environment. Moreover, it enables asynchronous parallel programming due to which the Blockchain program can complete more than one action simultaneously. 

This Blockchain programming language is derived from Python3, although it doesn’t contain all the Python features in it. It was designed as an alternative for the language Solidity and is primarily employed in EVM (Ethereum Virtual Machine). However, Vyper’s control structures are different from the ones in Solidity and it handles security issues differently as well. Vyper’s control structure is distinct and contains features such as modifiers, recursive calling, infinite loops, etc.

Obsidian is one of the newer Blockchain programming languages. It presently functions on the Hyperledger Fabric platform and the Ethereum Blockchain platform.

Most blockchain programs are organized around a machine having a high-level state and Obsidian’s state-oriented programming helps one to explicitly declare and transition amongst states. Obsidian builds a flowchart-like sequence that helps one to view contracts through different stages. The states and transitions within the states have to be mentioned while coding.

Obsidian offers a linear type system that simplifies the process of implementing a belt to suspenders. The compiler can make full use of the types for avoiding bug issues or typo-based errors.

I hope the aforesaid information was beneficial and will help you in selecting the best-suited programming language for building Blockchain solutions. Coming to Blockchain development, it’s a challenging task and has to be executed properly for obtaining the best results. Moreover, creating a Blockchain network is not enough, the system needs to be managed and maintained properly. So, in most cases, entrepreneurs seek professional help.

For professional assistance in developing and maintaining Blockchain solutions, the transformative Blockchain app development services offered by Biz4Solutions, is worth a try! We have the experience and expertise to cater to the Blockchain development needs of global clients with diverse requirements.