What is Open chain?
OpenChain, an open-source distributed ledger technology, offers unified APIs for building secured crypto applications. This technology finely tunes with the companies wishing to manage digital assets in a robust, safe, and adaptable manner. All the transactions on a ledger are digitally signed, like with Bitcoin. And the ledger runs on a set of rules that are defined by admin.
Open-Source
Highly Scalable
Digitally Signed
Instant Confirmation
Open Chain Features & Functionality
The technology is powered with several robust features.
No Mining Fees
In an OpenChain network, all the transactions are validated in real-time by admin instead of miners, and hence no mining fee is involved at all.
Multiple Control levels
An OpenChain network solution offers no restrictions for opening a ledger, and the admin will approve the participants of a Close-loop ledger.
Digital Signatures
Digital Signatures are allocated to all the transactions for binding the digital data to the ledger, which in return, secures the OpenChain solutions.
Immutable
OpenChain creates an immutable record of transactions, which means that no modification is permitted once the data has been added to the ledger.
Hierarchical
OpenChain allows you to define complex hierarchies of accounts with different set permissions at various levels to fit your business needs.
Decentralized
OpenChain doesn’t have any central ledger. Instead, there are multiple specialized ledgers run by various companies, with a different set of rules.
What is the Open Chain Development Process at Matellio?
Consulting
Matellio helps in estimating the potential of an OpenChain solution for your company. We will do the R&D, and prioritize the right toolkit for the solution.
Designing
We believe in delivering precise designs with seamless user experience. The design contains database designs, technical components definition, and user stories.
Development
Our experts at Matellio are here to assist you in each and every stage of the OpenChain development journey and deliver the product meeting your expectations bar.
Deployment
Have access to the platform at the right stage. Our OpenChain development team deploys the solution on-premise or on the cloud, depending upon requirements.
Support
Matellio provides support and maintenance for the management of new OS releases. Also, our team is here to support you at any stage, whenever needed.
Migration
Matellio will help in the creation of a roadmap for testing, migration, and updation of the project development, as we don’t believe in any downtime.
Why choose Matellio?
200+
Expert Developers
Extensive
R&D
20+ years
of Experience
Client
Satisfaction
On-time
Delivery
24/7
Support
NDA
compliant
Agile Development
Methodology
Do you have something in mind?
We would love to hear. Share your requirements and allow us to convert your imagination into reality.
Frequently Asked Question
OpenChain does come under the Blockchain, but it’s not exactly similar. We can rather call it a close cousin of the Blockchain. OpenChain doesn’t have the concept of blocks like Blockchain. Instead, the transactions are directly chained with each other, and hence we can term it as a transaction chain.
Yes, multi-signature is supported in the OpenChain network. Permissions are expressed availing a number of signatures, and a list of public keys.
No, you don’t have to be. Our team is very well-versed in dealing with both tech and non-tech clients.
Before developing a project, we sign an NDA contract with our clients ensuring the confidentiality of a project idea.
Yes, we provide support post-launch of the project.
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Trusted on Us
“ Our project was both complex and challenging, but Matellio has
exceeded our expectations in terms of quality, speed & communication. ”
Richard Sylwander
CEO, Foxrey
“ I worked with Matellio team, and we had a specialty project on
android to build a self-serve kiosk application. ”
Asad Jobanputra
Director, Esprida Corp
“ I greatly appreciate the work that Matellio's team did for me.I
would never been able to accomplish development without their skills . ”
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CEO, Landscapper LLC
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