Blockchain is the most sought after topic in the tech world. But how did it all start? Well, the popularity of the cryptocurrency put the spotlight on the Blockchain technology. Nearly, everyone’s heard the word ‘Blockchain’ but very few know the fundamental technology behind them. It is not very easy to understand this technology; there are various videos and tutorials that you might find online but you will find it in bits and pieces. Here, let’s take a step-by-step look at how the Blockchain works and its different terms and technologies.
Basics of Blockchain
A Blockchain is like a diary of codes that cannot be forged. It allows transactions, mostly monetarily (for now), to be exchanged without a central authority or a third party vendor. It is an immutable, sequential chain of records called blocks which contain transactions, files or any other data.
A great methodology to deliver and develop better software is by incorporating agile practices. While scaling agile in enterprise environments, one needs to understand the differences between scope and change control, and how to properly apply a given agile framework to bring in change without putting the overall project at risk. This involves collaborative agreements, iteration-based change control, transparency and effective stakeholder communication.
“The 11th annual State of Agile™ survey found that enterprise agility is increasing throughout organizations and across almost all industries at an accelerated rate. For the first time, half of the survey respondents came from outside North America. While the largest number (23%) of respondents still worked for software companies, the number from non-software companies grew significantly in 2016. Respondents from very large organizations, employing more than 20,000 people, also increased.”
9000 Participants, 270 Exhibitors, and 200 Speakers
Last week I had the opportunity to attend the BCTech Summit on behalf of App-Scoop.
I am a TechTO groupie. The Toronto-Waterloo tech corridor is my habitat and I have grown accustomed to the style and approach of how we do things here.
BC was different. Everything from the beautiful physical setting of being by the water and mountains at the Vancouver Convention Centre to the diversity of topics that were covered, the 3-day BCTech Summit felt like a distillation of Canada’s unique west coast tech culture.
Blockchain is a revolutionary technology that has currently swept the technical market. It has gained its popularity through the innovation of Bitcoin crypto-currency and now every tech ninja wants to slide foot in this business and create startups. Although, it’s hard to crack the market, a Blockchain based organization now needs a remarkable showcasing procedure as much as a product that compels the audience. Startups need to promote their product aggressively, mainly through social media marketing strategies.
Let’s take a look at 11 marketing tips to jumpstart business for Blockchain startups:
Highlight the Solution
The most important aspect of your Blockchain project should be that it solves a problem in people’s life. There are several apps and projects that are rolling out in the market but most of them do not have an actual problem that they solve. Hence, it is important that you determine the pain point of the solution that you are offering through your Blockchain project. You can use OPEN Platform and SuchApp to view the needs of the masses rather than just targeting the Blockchain community.
Raj Aggarwal, CEO of Localytics said, “The rich and interactive experiences we have come to expect on mobile apps have created new standards and expectations for all digital media including the web. The result is websites are evolving to become more app-like in their rich functionality.” In order to create this rich and interactive experience for your app user, you need to scope your project properly. To get a good insight and develop a strategic app, you need to answer the below 20 questions:
How can I validate my app idea?
There are three ways to validate an app idea, Proof of Concept (POC), Prototype or a Minimum Viable Product (MVP). These approaches not only validate the app but they also inspire new ideas and areas of improvement and ensure that the entire team is working towards the same goal. By using these three methods to validate the app can help you avoid common mistakes from making a faulty app whose features are not required in the market.
This tutorial is focused on a web based distributed application. If you are looking to build a mobile or desktop application then this tutorial is not for you.
Blockchain is the next step towards creating a more independent, peer-to-peer and decentralized system that could take the tech world by the storm. The tech world has been buzzing with words such as, ‘bitcoin’, ‘blockchain’ and ‘cryptocurrency’. Blockchain was originally created to support the Bitcoin but soon the tech community has started using this technology for other purposes.
Don & Alex Tapscott, author of Blockchain Revolution (2016) stated, “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”