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Quorum Development Services

Enhancement of financial services with the benefits of blockchain

NFT Marketing Agency

Finance application development with blockchain

Quorum is considered to be a special blockchain for the finance industry. Quorum is based on Ethereum and offers permissioned platform. The technology makes some essential parts of the financial industry such as transactions, transfer, and duplication of the data and information easier. The Quorum is on the topmost coating of the Ethereum blockchain, offering secure, faster, and smoother transactions. Quorum’s efficiency is considered to be better than many other technologies currently available in the market. Below are different parts of the Quorum network:

Quorum Node - Modified Go-Ethereum Client
Quorum Node
Modified Go-Ethereum Client
Quorum Node - Modified Go-Ethereum Client
Constellation
Transaction Manager
Quorum Node - Modified Go-Ethereum Client
Constellation
 Enclave

How Quorum Works?


Party A

1
Transaction Transaction
+
Symmetric Key Symmetric Key
=
Symmetric Key Encrypted
Transaction
2
Transaction Encrypted
Transaction
+
Symmetric Key
=
Symmetric Key Hash
(Stored On Chain)
3
Transaction Symmetric Key
+
Symmetric Key Party B
Public key
=
Symmetric Key Encrypted
Symmetric Key

Party B

4
Transaction Encrypted Transaction
+
Symmetric Key Encrypted Symmetric Key
=
Symmetric Key Hash(Stored On Chain)
5
Transaction Encrypted Symmetric Key
+
Symmetric Key Party B Private key
=
Symmetric Key Symmetric Key
6
Transaction Encrypted Transaction
+
Symmetric Key Symmetric Key
=
Symmetric Key Transaction

Benefits offered by Quorum Blockchain

Privacy

Using the Quorum blockchain, we offer the facility of private transactions with the power of private/public division. . Constellation is a peer-to-peer (P2P) encrypted message exchange system for sending confidential data to network users.

Peer Permissioning

Quorum offers a permissioned system using smart contracts that makes sure involvement of only the individuals that have the permission. The P2P layer of the system is altered with the permissioned nodes.

Better performance

The smooth performance offered by the Quorum technology is one of its most admired aspects. The high speed of the transactions that occurred in the system is even more than the blockchain technologies such as Bitcoin and Ethereum.

Some uses of Quorum blockchain

We offer development services for several different private or permissioned finance industry applications. We have delivered the projects related to the below mentioned different platforms:

  • Peer-to-peer exchange platform
  • Allocation of loyalty points
  • Data integrity
  • Different DApps
  • Banking settlement layer
  • Tokenization system
  • Custodial solutions
  • Stablecoin Development
  • Secret Ballot Voting
  • Government sector services
Advantages of Quorum Blockchain
  • Total Blockchain Experience 4+ Years

  • Total Blockchain Experience 4+ Years

  • Total Blockchain Experience 4+ Years

  • Total Blockchain Experience 4+ Years

  • Total Blockchain Experience 4+ Years