What is Blockchain in simple words…

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in simple words...

What is the Blockchain

What is Blockchain in simple words…

A blockchain is a digital record of transactions. The name comes from its structure, in which individual records, called blocks, are linked together in a single list, called a chain. Each transaction added to a blockchain is validated by multiple computers on the Internet.

How does it work

Based on a peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else's entries in near real-time. That makes it difficult for one user to gain control of, or game, the network.

Does Blockchain technology have a future

Blockchain in the future will revolutionize business processes in many industries, but its adoption requires time and efforts. Nevertheless, in the near future, we can expect that governments will finally accept blockchain benefits and begin to use it for improving financial and public services.

Creating new Blockchains and Infrastructure

Our experienced team covers solutions such as decentralized exchanges and decentralized mining platforms, new blockchains and the entire infrastructure around it: wallets, miners, mining, staking pools, explorers and custom blockchains development services. Solutions are based on forks of popular blockchains such as Bitcoin, Ethereum, Dash and Decred as well as new algorithms designed for specific needs.

Smart contracts

Smart contracts are lines of code that are stored on a blockchain and automatically executed when predetermined terms and conditions are met. At the most basic level, they are programs that run as they've been set up to run by the people who developed them.

Examples of using smart contracts

For example, just recently, the Depository Trust and Clearing Corporation (DTCC) and four major banks - Bank of America Merrill Lynch, Citi, Credit Suisse and J.P. Morgan - successfully traded credit default swaps on the Blockchain developed by Axoni, using smart contracts.

Call to developer :)

How do I make a smart contract

1: Find an open source contract as a starting point

2: Define the abstract token contract

3: Define the abstract store contract

4: Write test cases for use with TDD

5: Implement the smart contract code


Blockchain-Backed Systems

Custom, blockchain-based systems that support various industries such as FinTech, Trading, Investment, Energy Management, Retail and more. Our experience covers development of various platforms such as Cryptocurrency Exchanges, P2P trading systems, Web-Wallets, Cryptocurrency Custodian Software, Warm-Cold wallets.

SaaS product development start

Software as a service is a new sales model that has been replacing traditional software licenses for quite some time now. A SaaS product is online software that all users have access to. To give you an example, the most popular SaaS companies are DropBox or Google Apps.

Start with a lean plan

Test your idea

Brand and differentiate yourself

Make it legal

Get financed

Build your product

Market and launch

Track your metrics

Let's Get In Touch

Contact Us

We speak Polish

Through our services we would like to contribute to continuous development and success of our clients. We hope that thanks to this the companies run by them will increase their competitiveness on the market, they will improve their image and become better and valued business partners. Acting as an organizer and intermediary we would like to promote the country and its industry, to mediate in selling products and services, to gain business partners and capital, and to acquire and exchange information which will make the business flourish and the financial benefits of our clients increase.

Contact Info

AJBS INVESTMENTS LTD 5 West Road, Building 72, Harlow, CM 20 2BQ VAT Code GB 199522954 Company no: 09257841 GSM: +44 75 17 86 05 11 office@j-groups.co.uk Sort code 09-01-28 Account no 71342422 BIC: ABBYGB2LXXX IBAN: GB90ABBY09012871342422

Gained during many years of activity in the field of foreign trade and e-commerce our experience allows us to provide professional advisory and consulting services related to international cooperation, participation in trade missions and representing our client's interests on both foreign and local markets. Therefore, being confident about our knowledge and abilities we offer our customers among other things:

  1. • internal market research
  2. • searching and matchmaking business partners
  3. • representing the company
  4. • promoting and selling products and services on the market
  5. • supporting and negotiating contracts
  6. • creating representations of foreign companies
  7. • advice in the field of banking
  8. • mediation in commercial transactions
  9. • mediation in funding and securing projects as well as individual transactions
  10. • working out and implementing development strategies in close cooperation with the client
  11. • support and coordination of negotiations and supplies.