IOTric Blog

IOTric is a leading Blockchain, Mobile, Web application, AR/VR, IoT, and Custom Software Development company with a team of experts capable of pushing the limits of the latest technologies for your business needs.

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How to use MVP development to mitigate risk?

Poested May 16, 2023 Gyan Prakash

Introduction: In today’s fast-paced business environment, developing and launching a successful product can be a significant challenge. To mitigate the risk of investing time and resources in a product that may not resonate with customers, businesses are increasingly turning to MVP development. An MVP is a basic version of a product that is developed with the […]

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What is the Impact of MVP development on Product Innovation?

Poested March 28, 2023 Gyan Prakash

Introduction As technology continues to evolve at a rapid pace, businesses are constantly under pressure to stay ahead of the game by creating innovative products that cater to their customers’ needs. However, developing a new product without knowing about its potentials and market-fit can be risky and costly. That’s where MVP (Minimum Viable Product) development […]

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Top Blockchain Development Companies of 2023

Poested March 21, 2023 Gyan Prakash

Blockchain development companies are organizations that specialize in building and implementing blockchain-based solutions. As the demand for blockchain solutions continues to grow, these companies are playing an increasingly important role in shaping the future of digital transformation. In this article, we will explore the *top blockchain development companies that are leading the industry. 10. Iotric […]

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A Beginner’s Guide to Progressive Web Apps and it’s Benefits

Poested March 12, 2023 Gyan Prakash

Are PWAs suitable for your business growth? Introduction In today’s digital world, users expect seamless and fast experiences when using websites and apps. However, slow loading times, poor connectivity, and the need for separate apps for different platforms can create frustration for users and businesses alike. This is where Progressive Web Apps (PWAs) come in. […]

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How Smart contracts are paving the way for businesses?

Poested March 1, 2023 Gyan Prakash

Introduction In today’s business world, traditional methods of executing contracts are often slow, inefficient, and prone to errors. These outdated methods can lead to a variety of problems, such as delayed payments, contract breaches, and disputes between parties. One of the most significant problems is the need for intermediaries to oversee and enforce contract agreements, […]

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Flutter vs React Native: Which one to choose in 2023?

Poested February 20, 2023 Gyan Prakash

Flutter vs React Native: A Comprehensive Comparison Introduction Mobile app development has come a long way since the days of having to develop a separate version for iOS and Android. The emergence of cross-platform frameworks has revolutionized the mobile app development process. The two most popular frameworks in the market today are Flutter and React […]

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Why is Web3 ideal for successful brand building in 2023?

Poested January 27, 2023 Gyan Prakash

Introduction Web3 provides a transparent, trust-based and automated platform for brands to interact with customers, it enables customers to participate in the decision making process, creating a loyal customer base and allow brands to reach new customers and markets, making it an ideal platform for successful brand building in 2023. With the ability to conduct […]

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How to become a blockchain expert in 2023?

Poested January 16, 2023 Gyan Prakash

Introduction Blockchain technology is a decentralized and distributed digital ledger used to record transactions across networks. The use of blockchain technology has grown immensely. Organizations are approaching towards decentralization instead of relying on a central authority. It is used with highly automated systems, making them easy to operate and manage by the help of Smart […]

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Why is Flutter the best fit for start-ups?

Poested January 2, 2023 Gyan Prakash

Flutter App Development for start-ups. Introduction Flutter is a “software development kit”. It is basically used for development of cross platform applications. And, the crossing points made with flutter are built from a single codebase that is compiled in a straight line to native arm code. Flutter moves the rendering, widgets, animation and gestures into […]

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What is Hyperledger? Everything you need to know

Poested December 2, 2022 Gyan Prakash

Introduction Hyperledger is a project under the LINUX foundation; it is not a blockchain, not a cryptocurrency or a company. In other words, Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in banking, finance, Internet of Things, manufacturing, supply chains, and technology. In […]

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Decentralized Identity In Web3.0

Poested November 7, 2022 Gyan Prakash

Introduction Blockchain technology enables a decentralised identity infrastructure which seems to be promising. More people started preferring privacy and security of their personal data. The Decentralized Identity, a.k.a DID, has developed rapidly in the past few years. The development of DID benefits from the emergence of blockchain technology as it provides current solutions to identity […]

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What are Decentralized Apps (dApps) in Blockchain?

Poested October 26, 2022 Gyan Prakash

Decentralized applications(dApps) Introduction Decentralized application is a form of distributed open source software that rounds on a peer-to-peer web based on a blockchain network of computers. These applications operate autonomously without a centralised entity in control of the mainstream of the applications accompanying tokens. In other words they are built on a decentralized network that […]

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How does DeFi Lending and Borrowing work?

Poested September 22, 2022 Gyan Prakash

Let’s understand what makes DeFi a popular hit. Introduction Decentralized finance application is a new form of open financial application, as smart contracts maneuver on publicly accessible permissionless blockchain. It is a collection of blockchain-based financial services that uses automated workflow to make financial decisions. We will be talking about the nomenclature of motive and […]

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Blockchain for Supply chain solutions

Poested September 2, 2022 Gyan Prakash

How Blockchain can transform the supply chain world? Introduction Blockchain is an extremely useful asset in the supply chain as it provides a blanket of transparency and trust. It has the potential to provide new opportunities within the supply chain, as the age of the digital supply chain increases. Blockchain for supply chain can potentially […]

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The evolution of Web (Web 1.0 to Web 3.0)

Poested August 2, 2022 Gyan Prakash

The transition from web 1.0 to web 3.0 The Internet and the Web are not quite the same things, yet they are closely linked. The Internet is a network of networks that connects millions of computers across the world, allowing them to interact with each other. The World Wide Web (WWW) is a technique which […]

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NFT in Metaverse

Poested July 20, 2022 Gyan Prakash

Use cases and impact of NFTs in Metaverse In this current era of rapid digitization towards blockchain technology, almost all the sectors are reconsidering the blockchain based foundation. Similarly, Metaverse considers NFT as a blockchain-based digital asset. Metaverse is a digital work where any imaginative thing can exist. It extends our senses including sound, touch, […]

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Smart Contract

Poested June 14, 2022 Gyan Prakash

What are Smart Contract and how it works? Introduction In this current era Smart Contracts are gaining a unique prominence. Blockchain stores digital contract in the form of smart contracts. In addition, Smart contracts include executable terms and conditions. They run automatically without any intervention of a third-party. The reason being, use of it is […]

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Metaverse and Web 3.0

Poested June 9, 2022 Gyan Prakash

Let’s see what actually Metaverse and Web 3.0 is all about. Introduction Metaverse is a universe of social media, augmented reality, virtual reality, online gaming, and cryptocurrencies that allow the users to interact, and build social connections virtually. Metaverse came in the era of the recent Internet evolution known as Web 3.0. Instead of engaging […]

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Web 3.0

Poested June 8, 2022 Gyan Prakash

What is Web 3.0 and how it works? What is Web 3.0? Web 3.0 is the latest version of the internet which is renowned for decentralized and serverless services. It allows users to control their own data, destiny, and identity. Using cryptographic methods and decentralized protocols. Along with this, it delivers a stable and resilient […]

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AI & ML in Healthcare

Poested May 30, 2022 Gyan Prakash

How AI & ML can help Healthcare industry? Introduction In the era of increasing complexity and size of health data, Artificial intelligence and Machine Learning can provide an ease to deliver data-driven decisions in the healthcare sector. Such decisions ensure diagnosis better than humans, large-scale automation across the supply chain, and more accurate predictions. The […]

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Blockchain Technology in Media and Entertainment

Poested March 29, 2022 Gyan Prakash

How Blockchain Technology can transform Media and Entertainment industry? Introduction The media and entertainment industry are primarily based on relationships which means the content creators are often taking disadvantage through stealth profits and middlemen margins. Artists were never enlighten or exposed to the intricacies of business, finance, and law relative to their artistic expression and […]

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How E-commerce applications are adding values to the business

Poested Gyan Prakash

Do you want to scale your business? In the era of increasing virtualization, e-commerce applications incorporate extensive growth into the business world. A proprietary mobile app is the most powerful tool to accelerate business development and growth. Meanwhile, such applications are highly user-friendly and accessible for ease of use by the users. It helps them […]

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DeFi

Poested March 14, 2022 Gyan Prakash

What, How and Why Decentralized Finance? DeFi stands for Decentralized Finance. It is an emerging financial technology consisting of secure distributed ledgers like cryptocurrencies. It is an open alternative to the conventional financial system and let the users borrow, invest, or trade the products. Being an open-source technology, hence anyone can program with it. It […]

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NFT (Non-Fungible Token)

Poested March 3, 2022 Gyan Prakash

What are NFTs and how do they work? NFT NFT is the terminology that stands for Non-Fungible Token which is a non-interchangeable data unit on blockchain. It is an Ethereum-based asset to represent anything unique and create more power for the content creators than ever before. The smart contracts on the Ethereum blockchain are to […]

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The Rise of Augmented Reality

Poested February 14, 2022 Gyan Prakash

Augmented Reality (AR) for industrial disruption Introduction In recent years, AR has attracted the attention of a wide range of researchers and developers extensively. The technology has shown strong momentum of development, driven by Computer Vision and Artificial Intelligence. What is Augmented Reality (AR)? Augmented Reality can be referred to as an advanced technology that […]

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How blockchain is a game-changer technology for ‘IoT’?

Poested February 11, 2022 Gyan Prakash

Blockchain technology has the potential to revolutionize IoT security with advanced mechanisms. Introduction In the current era of Industry Revolution 4.0, the ‘Internet of Things’ (IoT) is going to influence almost all day-to-day activities. However, the increasing inclusion of IoT in our lifestyle leads to an increasing threat of being misused. Thus, there is an […]

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Blockchain In Healthcare

Poested January 21, 2022 Gyan Prakash

Why and How blockchain technology in healthcare? Introduction Security is always a concern when it comes to the transfer of patients’ medical records. With the growth of technology, cyber-attacks have also increased repeatedly at the same time. So, it is a great challenge for the healthcare industry to have strong security systems that can safeguard […]

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Cryptocurrency

Poested January 14, 2022 Gyan Prakash

What is cryptocurrency and how does it works? Introduction With the growth in advanced technologies, there is also an addition of cyberattacks that happens often during the transitions. Maintaining strong security while conducting transfers and transactions has always been a challenging mission for business professionals as the global economy is shifting towards a digital system. […]

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