Cilans System has always been an innovative company identifying technologies and their requirements in the competitive and emerging markets.
Blockchain has been identified as the latest cutting edge technology to handle financial transactions with smart and authenticated business contracts. Additionally, Blockchain allows multiple entities to securely interact with the same universal source of truth.
Our expertise in blockchain technologies range from solutions for various industries which include Supply Chain & Logistics Management for Pharmaceutical and other Industries, Hospitals, Hospitality and other conglomerates.
OUR TECHNOLOGY EXPERTISE
Ethereum & Smart Contracts
Ethereum is an open software platform based on Blockchain technology that enables developers to build and deploy decentralized applications known as Distributed Applications (DApps) and Smart Contracts. Various applications are developed on this platform for multiple industries.
A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.
We enable businesses in multiple domains to create new or upgrade their business models by implementing secure DApps built on Ethereum. A distributed or decentralized application would provision a competitive edge over the competitors with elimination of middle-persons thereby, changing the pricing models to serve wider range of customers. Ethereum is permissionless network because all the nodes present in the network are allowed to participate in consensus.
Smart contracts are used for Ethereum specifically. Smart Contracts enables our clients to remove "middle-person" because, it eliminates a single party control over the execution of an agreement. Instead, execution of contracts would be verified by the network of computers connected to the blockchain. Thus, the execution of transactions are seamless without interaction in a closed centralized system, which ensure your customers secured transactions.
We help SMEs with their business and financial transactions between various diversified entities through execution of smart contracts.
HYPERLEDGER & CHAINCODE
"Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.” Chaincode is equivalent to Smart Contract in Ethereum, however, a contract is a collection of code (functions) and state of the data that resides at a specific address on the Ethereum blockchain.
Chaincode is a program, written in Go, and in other programming languages such as Java, that implements a prescribed interface. Hyper fabric provides a secured private blockchain increasing the trustworthiness of the chain codes generated on it.
Basically, Hyperledger is a Blockchain development tool used to accelerate application development on Hyperledger Fabric. Hyperledger lets you to model your business network and incorporate all existing business transactions and data in a secured and trustworthy network with transparency.
We provision customized applications to meet your requirements for secured, trustworthy and transparent business and financial transactions.