Tuesday, 18 April 2017

Benefits of a Cross-Platform Mobile App for Business

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The biggest dilemma that runs over a business owner's mind is whether build a native mobile app for business or a hybrid cross-platform mobile app. Both have their share of benefits, but clearly,cross-platform wins with better functionality, business scope, and in user acceptance.

The world has moved to mobile and to better leverage the medium in scaling the business, one must look for a cross platform mobile app development service. Clearing getting an app developed by leading developers like Prolitus who enabled you with a custom mobile application, but it’s important to first know about benefits of such apps for your business.

What is a Cross Platform Mobile App?

An application that works over different operation systems with a single code base. While a few businesses prefer different apps for different Operating systems, like different for Android, windows, or IOS, the majority of business owners have drifted to over to the single cross-platform mobile app.

Top Benefits:

Faster Development

By leveraging on the single code development for multiple platforms, which elevates the need for a different set of codes for Android or IOS, the time to develop a cross-platform mobile app is comparatively lower than developing a native mobile app. Almost 8-% of the written codes can be reused in cases of cross-platform apps.

Reduced Cost of Spending

If the development doesn’t include larger customization, developing a cross platform app for multiple platforms becomes a cost- effective option.

Saved Time for Writing Unit Tests

Unit tests were documented separately for different platforms, which is not the case with cross-platform apps. Hence, it saves time and budget.

Simplicity

As such apps instantly get synced with different platforms, they are easier to operate.

Ease of Deployment

The framework in cross-platform apps has different modules, which can be easily integrated with advanced tools to increase the functionality of the app. This is the reason behind the easy deployment of such apps.

Ideal for B2B apps

When you have reduced the time for deployment, development, and increased the effectiveness, it’s a clear win for business. Cross platform apps offer judicious utilization of the resources

For further consultation, contact Prolitus.

Sunday, 2 April 2017

Rising Demand for Blockchain Solutions in Banking Sector


The recent successful experiment of ICICI bank where they successfully executed international trade finance and remittance transactions using blockchain technology has made one thing clear – blockchain applications are not a hype anymore!

Since the inception of bitcoin, legal and banking sectors have always been inclined on developing blockchain solutions. The remarkable success of bitcoin has been credited to blockchain: the underlying technology of distributed ledger for the exchange of cryptocurrencies.

The major challenges that financial and banking industry faces today are:
  • Demand for faster and secure transactions
  • Transparency in transactions records
  • Avoiding theft of critical data
  • Third party vendor risks
  • Errors and Duplication of Data
  • Long Time Duration in settlements
The banking sector has been considering blockchain applications to solve these challenges. Below mentioned are the applications of blockchain solutions in banking sectors(proposed):
  • For testing Proof of Concepts.
  • Eliminates the cost of Double Spending by implementing real-time tracking.
  • Increase efficiency in the System.
  • Tamper-resistant System.
  • Removes any scope for errors and duplication
  • Settlement time is reduced to seconds from days by removing the need for intermediaries.
  • Removes the need for third parties, as all participants in the value chain have access to cloud-based assets which verify each party’s identity.
  • The security system is strengthened and enhanced in areas such as payments, credit card information storage. It is achieved by using decentralized public transaction records.
  • To bring automation in transaction processes.
The applications mentioned above make blockchain technology a lucrative option for the banking sector. And going by the trends, by 2017 almost all the major banks would replace their existing system with blockchain solutions.

Prolitus provides best in class consultation for Blockchain-based solution. Our team of consultants critically analyze pain areas of the business and suggest whether Blockchain help your business or not.

For further consultation, contact Prolitus.