Development Group
EXPERTISE

BLOCKCHAIN

A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as “completed” blocks are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping.

Originally developed as the accounting method for the virtual currency Bitcoin, blockchains – which use what's known as distributed ledger technology (DLT) – are appearing in a variety of commercial applications today. Currently, the technology is primarily used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any document into the blockchain.  

Doing so creates an indelible record that cannot be changed; furthermore, the record’s authenticity can be verified by the entire community using the blockchain instead of a single centralized authority.

At Axon we have deep expertise in blockchain and helping our Clients to develop disruptive solutions applying blockchain technology. We provide blockchain application architecture, development, and integration software services, operation support for solutions to make P2P transactions more secure, transparent, and cost-effective.