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How Can Blockchain Enable Green Real Estate Platforms in the UAE?

Posted on by Bhavya Dave

Blockchain Green Real Estate Platforms in the UAE

Dubai’s real estate market is shifting from bold architecture to measurable sustainability. UAE strategies: UAE Vision 2021, the Energy Strategy 2050, and Dubai Clean Energy Strategy 2050 are directing towards green real estate growth. 

Also, landmark projects like Masdar City and The Sustainable City demonstrate how blockchain plays a key role in sustainable real estate enhancement. 

UAE climate-forward development looks like: energy-efficient design, extensive water recycling, and integrated renewable systems. With blockchain technology support UAE is trying to reduce emissions and build sustainable real estate.  

Key Takeaways

  • Through green real estate, you can reduce its environmental footprint, especially in a sector responsible for nearly 40% of global CO₂ emissions.
  • Blockchain technology strengthens sustainable real estate in the UAE by providing verifiable data to get certificates like LEED and Estidama. 

Dubai’s Green Real Estate Market Is Entering Its Next Phase

Dubai is shifting from basic green initiatives to data-driven, digitally monitored, and finance-ready sustainability models. This new phase is powered by technologies like AI-based energy optimization, IoT-driven real-time monitoring, blockchain for water management, and Web3-enabled ESG verification, ensuring every sustainability claim is backed by transparent, tamper-proof data.

  • Market evolution emphasizes continuous performance data rather than single-point green features on buildings.
  • Investors now reward verified operational savings and transparent ESG reporting when pricing assets and risk.
  • Green buildings are becoming essential because the real estate sector is responsible for nearly 40% of global CO₂ emissions. Of this footprint, 70% comes from building operations, and 30% comes from construction activity.
  • The UAE aims for net-zero emissions by 2050, increasing pressure on developers and investors to adopt sustainable practices.
  • Developers who embed monitoring and measurement early gain certification advantages and faster project approvals.

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Why Is Blockchain Becoming a Must-Have for Green Real Estate Platforms?

Blockchain combines immutable records, real-time data flows, and programmable rules, a strong match for sustainability needs. And Dubai is not an exception to using blockchain and AI for futuristic growth. With this integration in the green real estate sector verification, automation of tasks, and compliance quickens.

  • Buildings with verified green credentials command 7-10% higher rental premiums.
  • Verified performance also reduces insurance premiums by 5–15% for compliant buildings.
  • Increase the installed clean energy capacity from 14.2 GW to 19.8 GW by 2030
  • Efficient blockchain-enabled systems can reduce operational energy costs by 20–30%.

 Below are the concrete benefits written as solution-focused statements for business readers.

Ensures transparent tracking of sustainable real estate materials and provenance

Blockchain in supply chain events is immutable; developers can prove origin, certifications, and recycled content.

  • Verifiable material origin reduces greenwashing and supports certification audits quickly and reliably for regulators worldwide.
  • Immutable supplier records speed up procurement approvals and lower disputes between contractors and buyers.
  • On-chain provenance enables faster, clearer claims for recycled or low-carbon construction materials.

Makes compliance and certification straightforward with verifiable evidence

Certifications like LEED and Estidama require proof. Therefore, blockchain integration comes into the picture: to store audit trails and performance data for easy verification.

  • On-chain documentation simplifies audits and reduces the administrative time required for certification submission and review.
  • Automated evidence pulls lower manual reconciliation and provides assessors with clean, tamper-proof files.
  • Continuous performance logs demonstrate compliance over time, improving certification renewal outcomes and investor confidence.

Automates payments and approvals to reduce project delays

Smart contracts execute payments, incentives, and warranty releases automatically when predefined performance or delivery milestones are met.

  • Smart contracts reduce payment disputes and accelerate cash flow for real estate contractors and suppliers working on green measures.
  • Milestone-based automated disbursements improve trust among stakeholders and shorten project timelines substantially.
  • Programmable incentives align subcontractors with sustainability real estate outcomes, improving delivery quality and schedule adherence.

Enables verified carbon accounting and blockchain carbon credits

Immutable energy and emissions records permit credible carbon accounting and creation of tradable, verifiable carbon credits.

  • On-chain emissions ledgers create trusted data for carbon credit minting, sale, and retirement processes.
  • Verified carbon credits open new revenue lines and funding options for developers and building owners.
  • Transparent carbon accounting supports investor due diligence and strengthens environmental claims for assets.

Strengthens investor trust through tamper-proof sustainability performance

Investors need credible, auditable data. Blockchain solutions deliver a single source of truth for operational performance and ESG metrics.

  • Tamper-proof performance data reduces perceived investment risk and supports better pricing for green assets.
  • Clear audit trails make underwriting simpler and shorten investment committee review cycles.
  • Transparent metrics help asset managers report reliably to stakeholders and regulatory requirements.

Applications of Blockchain in Sustainable Real Estate Development, UAE 

Blockchain in Sustainable Real Estate Development, UAE - Applications

Blockchain trends can be woven into multiple use cases across design, construction, operations, and finance. Each application drives business outcomes and supports Dubai’s sustainable real estate development targets. Luxury under a safe environment is the main action in the UAE’s Net Zero Emission 2050. 

1. Material provenance and supplier certification tracking

Record every supply event on-chain from quarry to site, enabling verifiable material claims and faster approvals.

  • Traceable supply chains reduce procurement friction and help validate low-carbon or recycled material claims instantly.
  • On-chain supplier ratings encourage sustainable sourcing through market visibility and accountability.
  • Integration with certification bodies speeds acceptance of innovative eco-materials in projects.
  • Material transparency matters because 30% of real estate emissions come from construction.

2. Energy monitoring, microgrids, and peer-to-peer energy trading

Combine smart meters with blockchain to record production, consumption, and enable direct trading of surplus renewable energy.

  • Real-time energy data on-chain enables automated billing, settlement, and renewable energy tracking.
  • Microgrid settlements reduce system losses and let owners monetize excess solar generation reliably.
  • P2P trading supports local resilience and creates tangible returns from embedded renewables.

3. Water reuse and performance tracking for certifications

Log greywater and rainwater recycling performance to prove water efficiency gains and support Estidama or local regulations.

  • On-chain water performance evidence simplifies the demonstration of targeted freshwater reductions during certification.
  • Reliable water data supports operational optimization and tenant engagement programs for conservation.
  • Measured savings improve asset valuation and unlock water-focused green financing instruments.

4. Tokenization and green finance instruments

Fractional ownership and tokenized green assets expand investor pools and enable new funding for sustainable development.

  • Tokenized assets increase liquidity for green projects and diversify capital sources for developers.
  • Blockchain-enabled green bonds or sukuk can deliver automated interest and environmental reporting.
  • Fractional ownership attracts smaller investors into high-quality, certified sustainable real estate.

5. Benefits for developers and investors

Blockchain reduces barriers to green building delivery and improves margins through automation and better capital access.

  • Verified operational savings of 20–30% increase long-term competitiveness.
  • Buildings with verified credentials achieve 7–10% higher rental premiums.
  • On-chain data improves financing access due to transparent sustainability performance metrics.

6. Benefits for investors

Investors gain clearer signals on risk, verified sustainability returns, and optional liquidity from tokenized instruments.

  • 10 to 15% operational savings increase the predictability of cash flows and support stronger valuation models.
  • Transparent ESG records reduce compliance risk and simplify reporting to limited partners or institutions.
  • Tokenization creates exit options and fractional exposure to high-quality green assets. 

Implementation Roadmap of Blockchain in Green Real Estate in Dubai

Adopt a phased, pragmatic roadmap that aligns policy, certification needs, and operational targets. Start small, prove value, then scale.

Pilot and data foundation

Deploy smart meters, integrate building management systems, and record baseline data on a permissioned chain.

  • Pilots show measurable energy and water savings and validate smart contract workflows before wider rollout.
  • Establish data governance, privacy controls, and stakeholder access rules to ensure regulatory compliance.
  • Use pilot results to refine KPI definitions used for certifications and investor reporting.

Green certification and finance integration

Connect on-chain performance to certification processes and green finance instruments like green sukuk or bonds.

  • Link verified performance to finance triggers and automate reporting for lenders and rating agencies.
  • Enable tokenization pilots for fractional investment and test secondary market liquidity options.
  • Scale supplier onboarding to include provenance data for major building materials across projects.

Sustainable real estate ecosystem scale and marketplace

Open access to a broader set of developers, auditors, and investors to create network effects and liquidity.

  • Create standardized on-chain data models and APIs for seamless integration across PropTech platforms.
  • Launch a marketplace for verified carbon credits, green certificates, and tokenized assets to attract global capital.
  • Embed automated compliance and reporting as standard operating procedure across new developments.

Future of Blockchain-Powered Green Real Estate Development in Dubai

The long-term outcome is a resilient real estate ecosystem where sustainability is measurable, financeable, and valuable. Buildings will be judged by continuous performance, not claims. 

Companies that combine design excellence with verified operational data will command premiums and easier financing. Investors will favor assets with immutable sustainability proofs. Dubai, with clear national targets and leading projects, is well-positioned to lead this transition.

  • Verified performance will become the baseline for asset valuation and investor decision-making across the UAE.
  • Blockchain carbon credits and tokenized assets will unlock new capital and monetize sustainability outcomes.
  • Early adopters will gain regulatory headroom, faster certification, and stronger market positioning.
  • AI-powered green real estate will take a new shape in the coming days. 

Conclusion

Dubai’s real estate sector is entering a new era where sustainability is no longer optional. As mentioned above, blockchain supporting green real estate is adding a long list of benefits to businesses. Tokenization, carbon credits, and real-time ESG reporting will only accelerate the UAE’s moves towards its Net Zero 2050 target.

At SoluLab, we help in developing blockchain platforms for material provenance, smart contracts, certification automation, tokenization, and carbon accounting. Whether you plan to build a green real estate platform, integrate energy monitoring, introduce tokenization, or automate LEED/Estidama reporting. Our expert blockchain developers can build solutions for:

  • Up to 40% lower operational and administrative costs by replacing paper-heavy processes with secure blockchain transactions. 
  • Enterprise-grade blockchain APIs built for real estate, asset management, and green building platforms.

If you are ready to accelerate your sustainable real estate business in the UAE, contact us today to make your vision come true!

FAQs

1. How much does it cost to build a blockchain-powered green real estate platform?

Costs typically start from $10k. Most projects fall between moderate MVP budgets and enterprise-level investments, depending on certification, tracking, and automation needs.

2. How long does it take to develop a blockchain-based green real estate solution?

Most platforms take 2–4 months, depending on complexity, required integrations, certification workflows, smart contracts, and data pipelines.

3. How do carbon credits and green real estate reduce operational costs?

Verified performance improves resource efficiency, enabling 20–30% energy savings while generating revenue through carbon credits, lowering long-term operating expenses.

4. Why should I choose SoluLab for blockchain-enabled green real estate development?

SoluLab offers deep PropTech experience. It has blockchain experts and proven experience with sustainability tracking, tokenization, and certification automation. 

5. Is a blockchain-based green real estate platform secure?

Yes. Blockchain ensures tamper-proof data, encrypted transactions, permissioned access, and decentralized verification, providing a highly secure environment for sustainability and compliance workflows.

 

How Go Supercharges Blockchain Development for High-Scale Enterprises?

Posted on by Shipra

Golang Blockchain for Enterprises

Several industries, from tech to healthcare, are adopting blockchain to secure user data. However, building a reliable blockchain is a significant task; multiple programming languages can be used. Golang is also one of the options for blockchain development. 

Go is known for its simple and high-performance blockchain framework. Ethereum’s Geth client, to Hyperledger Fabric and Tendermint, adopted this method to build enhanced blockchain technology. This blog’s primary focus is to provide you with a detailed overview of blockchain development using Go. 

What Is a Blockchain Built with Go?

A blockchain built with Go is a distributed system that records transactions in secure blocks linked together.

Go offers concurrency, fast execution, and easy deployment, making it suitable for enterprise blockchain solutions and lightweight blockchain prototypes. Unlike other high-level programming languages, Go compiles into a single binary. This makes deployment simple across multiple platforms. This aids startups’ blockchain app development and provides enhanced solutions.

Why Go Is a Preferred Language for Blockchain Development?

Go’s architecture makes it ideal for large-scale blockchain programming.

  • Concurrency support: Thousands of Goroutines run in parallel, handling blockchain transactions efficiently.
  • Garbage collection: Automatic memory management keeps blockchain nodes stable under heavy load.
  • Cross-platform support: Go compiles to machine code and runs on different OSs without modification.

These features of Golang shape the speed, security, and scalability.

Core Features of Blockchain Development With Go

Features of Blockchain Development With Go

As said, Go simplifies blockchain development. Let’s check what they are and how they are enhancing blockchain technology on platforms. 

1. Concurrency and Performance in Go

Concurrency is essential for blockchains, which must process multiple transactions across distributed networks. Go’s lightweight Goroutines enable developers to manage thousands of parallel processes efficiently. This makes Go an excellent choice for high-volume transaction environments where speed and responsiveness are critical. Unlike heavier languages, Go’s performance closely rivals C, offering blockchain developers both power and flexibility.

2. Simplicity and Ease of Deployment

Blockchain systems often face challenges with setup and maintenance. Go addresses this with its simple syntax and compilation process. Applications can be compiled into single, platform-independent binaries, making deployment faster and easier. This is particularly useful in blockchain app development for startups, where teams require rapid testing, iteration, and scaling without complex installation hurdles.

3. Built-in Networking and Security Features

Networking is at the heart of blockchain frameworks, and Go’s standard library provides robust tools for secure communication. Peer-to-peer networking, encryption, and cryptographic hashing can be implemented with fewer external dependencies. These features of Golang reduce risks, simplify development, and make Go a trusted choice for enterprise-grade blockchain development.

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How Go Compares with Other Programming Languages?

There are several programming languages other than Golang. Here is how they are different from Go. 

  • Go vs. Python in Blockchain Development

Python is widely used for blockchain prototypes, but it lacks Go’s raw performance. Go offers a compiled environment, giving it a speed advantage critical for production-grade systems. While Python remains useful for learning and experimentation, Go ensures scalability and efficiency in enterprise blockchain solutions.

  • Go vs. Java for Enterprise Systems

Java has long been a popular choice in enterprise IT systems, but it often requires more resources than Go. Go’s lightweight nature makes it faster and less memory-intensive, reducing infrastructure costs. As a result, organizations moving towards enterprise-grade blockchain development increasingly adopt Go for long-term efficiency and scalability.

  • Go vs. Rust and C++

Rust and C++ are powerful languages that also focus on performance and safety. However, they have steeper learning curves and more complex syntax. Go achieves similar results with cleaner code, making it easier for developers to implement blockchain app development with Go without excessive overhead.

Go vs. Other Programming Languages

Criteria Go Python Java Rust / C++
Performance High (compiled, fast execution) Moderate (interpreted) Good but heavier Very High
Scalability Excellent for large blockchain networks Limited for production-grade systems Strong but resource-intensive Excellent
Learning Curve Easy & clean syntax Easy Moderate Hard / Complex
Resource Usage Low, lightweight Higher memory usage Higher CPU & memory Efficient but complex to optimize
Best Use Case Enterprise blockchain, nodes, validators Prototyping & experimentation Legacy enterprise systems High-performance blockchain engines
Key Advantage Speed + simplicity Flexibility Ecosystem maturity Maximum control & safety

Blockchain Business Benefits of Choosing Go

For enterprises, how is Go going to help attract users? Let’s check the business benefits as follows. 

  • Faster Time-to-Market

One of the strongest benefits of Go is its ability to accelerate development cycles. Startups and enterprises can build and deploy blockchain applications faster due to Go’s simplicity. This shorter time-to-market is a critical advantage in industries where innovation speed defines competitiveness.

  • Scalability and Long-Term Growth

Go is designed to handle growth effortlessly. Whether it is a small pilot project or a global enterprise blockchain solution, Go-based frameworks can scale as needed. This scalability ensures long-term value for businesses investing in blockchain app development with Go.

  • Proven Track Record in Enterprise Systems

Go powers well-known frameworks such as Hyperledger Fabric, Tendermint, and Geth. These platforms demonstrate Go’s reliability in real-world, enterprise-grade systems. Businesses choosing Go benefit not only from its technical strengths but also from its proven adoption in blockchain use cases for enterprises worldwide.

Step-by-Step Process of Go Blockchain Development

Development Process of Go Blockchain

We already know GO benefits; it’s time to know the step-by-step process of blockchain development with Go. To save time and price, you can partner with blockchain development companies, which can provide support and also integrations if needed. 

  • Creating the Block Structure

The first step in how to build a blockchain with Go is defining the structure of a block. Each block contains data, a timestamp, and a cryptographic hash linking it to the previous block. This ensures data security and immutability.

  • Adding Data and Hashing

Once the block is created, transaction data is added. The data is secured using cryptographic hashing, which ensures that even the smallest change alters the block’s identity. This immutability builds trust across the blockchain network.

  • Linking Blocks Together

Blocks are chained by referencing the hash of the previous block. This linking creates a tamper-proof ledger, where altering one block requires changing every subsequent block. Go’s efficiency ensures this process runs smoothly, even under heavy workloads.

  • Validating and Expanding the Blockchain

After building the chain, validation is essential to confirm integrity. Developers can expand the blockchain with features like peer-to-peer networking, consensus algorithms, and smart contract support, laying the groundwork for enterprise-grade blockchain development.

Note: The total process might take at least 8 weeks based on the features you want to incorporate. 

Industries That Benefit Most from Go-Based Blockchains

You might be wondering, blockchain is adopted in several industries, but can building with Go bring any change? Let’s get to know that.

1. Financial Services and Payments

The finance sector increasingly depends on Go-powered blockchain development for finance because of its speed, reliability, and high security. Ethereum’s Geth client, written in Go, is widely used by banks and crypto platforms. Binance also built its blockchain using Go, enabling fast trades and low-cost transactions.

2. Supply Chain and Logistics

Blockchain in supply chain is becoming more efficient and trustworthy thanks to Go-based frameworks like the Cosmos SDK. Companies such as Suning in retail and Krafton in gaming have used these systems to track goods, verify origins, and reduce fraud.

3. Healthcare and Data Security

Blockchain in healthcare is rapidly advancing as providers adopt Go-supported frameworks like Hyperledger Fabric to secure and streamline medical data. These systems allow quick access, safe sharing, and compliance with strict privacy rules, making data handling more reliable.

4. Startups and Innovation Hubs

Startups choose Go for blockchain apps because of its simplicity and speed. Development firms and tech ventures use Go with Cosmos SDK to launch new blockchain solutions quickly, test ideas, and scale without heavy costs.

Future Directions and Potential Integrations in Go and Blockchain

Golang is proving its credibility in blockchain development. As the technology increases, there are many possibilities for enhancement. Let’s check some expected changes. 

1. Cross-Chain Interoperability: Go-based blockchain frameworks are making it easier for different blockchains to talk to each other. This helps businesses share data and assets smoothly across networks.

2. Integration with Artificial Intelligence: When Go blockchains meet AI, contracts get smarter and systems more predictive. Industries like finance and healthcare can use this for faster, data-driven decisions.

3. Growing Adoption in Enterprises: Tools like Hyperledger Fabric highlight Go’s stability. More companies are now trusting Go for secure, scalable, and efficient blockchain solutions.

4. Research on Scalability Enhancements: Developers are working on Go blockchains that can handle millions of transactions quickly. This could make Go a strong base for future large-scale blockchain systems.

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Conclusion

Golang in blockchain development is enhancing the platform’s working that makes the company reliable and scalable. If you are also looking to build a blockchain with Go, then SoluLab is here to assist you. We at SoluLab, a top blockchain development company in the USA, deliver secure, scalable, and ROI-driven solutions that solve real business challenges. 

Our expert team implemented an efficient crypto-based payment system using OBOT tokens. This is to enhance financial interactions within the OBORTECH SmartHub ecosystem. For more information, consult us today. 

FAQs

1. What industries benefit most from Go blockchain development? 

Financial services, supply chain, healthcare, and startups gain efficiency, transparency, and secure data management. Go’s speed and scalability allow enterprises to process transactions faster and manage complex distributed systems reliably.

2. How long does it take to build a blockchain with Go? 

A production-ready Go blockchain typically requires 6–12 weeks, depending on features, consensus mechanisms, integrations, and testing. Partnering with us for experienced developers can optimize timelines while ensuring robust enterprise-grade implementation.

3. What makes Go better than other programming languages for blockchain? 

Go offers concurrency, fast execution, cross-platform support, and simpler syntax. Unlike Python or Java, it handles high-volume transactions efficiently, reduces infrastructure costs, and scales easily for enterprise blockchain solutions.

4. How can SoluLab help businesses build a blockchain with Go? 

SoluLab delivers enterprise-grade Go blockchain solutions, combining technical expertise and strategic insight. We design secure, scalable, and efficient systems, tailored to business needs, ensuring ROI, transparency, and seamless integration into existing workflows.

5. Can Go blockchain integrate with AI or IoT for smarter business solutions? 

Yes, Go blockchains can integrate AI for predictive insights and IoT for real-time data tracking. This enables automated decision-making, improved operational efficiency, and more intelligent, data-driven enterprise workflows.

 

Top 10 Blockchain Development Companies in Saudi Arabia

Posted on by Shipra

Blockchain technology is transforming how enterprises secure data, automate workflows, and build trusted digital ecosystems. Its adoption is rising due to digital transformation and expanding enterprise demand for secure, scalable, and transparent systems. 

So, companies are now implementing blockchain services for identity management, supply chain tracking, and financial automation. Additionally, cross-border operations stay competitive in a digital economy.

As global adoption accelerates, the blockchain industry in Saudi Arabia is experiencing rapid growth driven by Vision 2030. To achieve that goal, we have compiled a list of top 10 blockchain development companies in Saudi Arabia that help businesses identify the correct partners.

Key Takeaways

  • Businesses in Saudi Arabia can reduce operational, compliance, and reconciliation costs by up to 40% with the right blockchain implementation.
  • Blockchain adoption strengthens end-to-end transparency, traceability, and data integrity across multi-party networks.
  • A right blockchain development company can accelerate your product deployment while ensuring better security, scalability, and performance.

How is the Blockchain Industry in Saudi Arabia Accelerating Enterprise Growth in 2026?

The blockchain industry in Saudi Arabia is expanding at an exceptional pace, driven by Vision 2030. The market is growing across sectors such as healthcare, banking, supply chain, and public services. This expansion is opening major opportunities for enterprises, blockchain startups in Saudi Arabia.

  • Saudi Arabia is becoming a leading hub for advanced blockchain technology adoption across industries.
  • Enterprises gain 30% efficiency from well-implemented blockchain development solutions and services
  • Government support and smart-city projects create strong demand for new blockchain development use cases.

1. Healthcare blockchain growth and enterprise opportunities

Saudi Arabia’s healthcare blockchain market generated USD 219.1 million in 2024 and is expected to reach USD 4,615.8 million by 2030. Public blockchain networks led market share in 2024, while private networks show the fastest future growth. 

This rapid expansion creates strong opportunities for enterprises to cut document inefficiencies, automate medical records, and reduce fraud risks.

  • Healthcare organizations can lower operational waste by 40% using secure blockchain-based workflows.
  • Private networks will help enterprises scale sensitive healthcare data systems with improved security and control.

2. Vision 2030 and the rise of enterprise-driven blockchain adoption

The Saudi blockchain technology market is valued at USD 11.2 billion in 2025 and is projected to reach USD 996.4 billion by 2032 at a CAGR of 89.9%. 

Vision 2030 has digitised more than 97% of government services, creating ideal conditions for blockchain integration. Smart city projects like NEOM make blockchain technology essential for identity systems, payments, logistics, and public-sector automation.

  • Enterprises can reduce administrative workloads by up to 50% through automated blockchain workflows.
  • Smart-city expansion will push demand for cross-industry blockchain services and reliable development partners.

3. Enterprise adoption, SME growth, and rising market participation

Large enterprises captured nearly 70% of Saudi Arabia’s blockchain market in 2025. Companies in oil and gas, banking, and telecom are already using blockchain development solutions for payments, supply chain optimization, and high-security data sharing.

Business registrations for blockchain technologies jumped 51% year-on-year, reaching 4,005 active records, which shows rising interest among startups and SMEs.

  • SMEs benefit from low-cost blockchain-as-a-service platforms and cloud tools for quick adoption.
  • Blockchain use cases like inventory tracking and loyalty programs help SMEs grow without heavy investment.

However, the rising adoption of blockchain services is a great start for enterprises to grow in the current market. Several global and regional companies are helping Saudi businesses build reliable blockchain platforms. Here are the top 10 companies. 

How Did We Compile the List of Top Blockchain Development Companies in Saudi Arabia?

Compiling a list of top blockchain development companies in Saudi Arabia involves a thorough evaluation process to ensure that only the most reputable and competent firms are recognized. Here’s how we compile a list of top 10 blockchain development companies in Saudi Arabia:

1. Years of experience and expertise

2. Company profile and reputation

3. Awards and recognitions

4. Contribution to the blockchain domain

5. Portfolio and clientele

6. Overall services and technical knowledge

List of 10 Best Blockchain Development Companies in Saudi Arabia (2026)

The following list of blockchain development companies represents the region’s strongest capabilities in blockchain technology. These companies offer enterprise-grade blockchain solutions, custom platforms, and secure digital infrastructures.

SoluLab

1. SoluLab

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Website

SoluLab is a leading blockchain development company in Saudi Arabia known for its strong technical capabilities, domain expertise, and consistent delivery of secure and scalable solutions. The company offers end-to-end blockchain services, including consulting, dApps, smart contracts, token development, and enterprise blockchain integration. With deep experience across finance, supply chain, and healthcare, SoluLab makes it easy for businesses to adopt blockchain with practical, reliable, and industry-aligned solutions.


$25 – $49


250+


2014


Morpheus, NovaPay Nexus

TechGrpose Pvt. Ltd

2. TechGrpose Pvt. Ltd

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TechGropse delivers blockchain solutions for industries such as finance, healthcare, and logistics. The company is known for custom blockchain apps, smart contract development, and secure digital solutions that improve transparency and workflow efficiency. Their focus on innovation helps clients modernize operations and stay competitive.


$55 – $99


51 – 100


2015

Hyperlink Infosystem

3. Hyperlink Infosystem

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Hyperlink Infosystem builds tailored blockchain applications for finance, logistics, and healthcare. They focus on secure, scalable, and high-performance blockchain systems with a strong emphasis on innovation and long-term client value.


$25 – $50


500 – 999


2011

SEROKELL

4. SEROKELL

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Serokell delivers blockchain development services in Saudi Arabia with a strong focus on security, performance, and advanced engineering. The company specializes in building enterprise-grade blockchain platforms, AI-enabled applications, and cryptographic systems designed for businesses seeking scalable digital infrastructure.


$50 – $99


50 – 100


2015

Dev Technosys

5. Dev Technosys

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Dev Technosys offers blockchain development services in the Middle East that include custom blockchain creation, smart contracts, and enterprise solutions. Their skilled team develops applications that strengthen data security and operational efficiency for businesses across different sectors.


$25 – $49


50 – 249


2010

WeUno Technologies

6. WeUno Technologies

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WeUno Technologies offers blockchain development services for businesses looking to build secure, scalable, and customized digital solutions. The company provides a range of services such as smart contract development, cryptocurrency solutions, custom DApps, and enterprise blockchain platforms.


$50 – $99


50 – 249


2019

ResquadAI

7. ResquadAI

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ResquadAI is a technology-focused company that delivers blockchain and AI-powered solutions for modern enterprises. Their services include blockchain consulting, decentralized finance (DeFi) development, and AI-driven blockchain applications tailored for data automation and advanced analytics.


$50- $99


11 – 50


2024

SparxIT Solutions

8. SparxIT Solutions

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SparxIT delivers blockchain development services in Saudi Arabia, such as custom dApps, smart contracts, and secure enterprise solutions. Their expertise helps organizations streamline processes and adopt blockchain technology for improved security and performance.


$50 – $99


251 – 500


2007

InfinixSoft

9. InfinixSoft

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InfinixSoft builds scalable blockchain applications tailored to business needs. Their team focuses on secure architecture, smart contracts, and cost-efficient blockchain solutions that help companies modernize and grow.


$15 – $40


11 – 50


2013

Definme

10. Definme

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Definme offers blockchain development services including dApps, smart contracts, and private blockchain systems. Their expertise helps Saudi businesses adopt blockchain efficiently while improving system security and operational transparency.


$15 – $40


11 – 50


2017

Top Blockchain Development Companies in Saudi Arabia cta

Conclusion

Choosing the right partner for your blockchain project is essential, especially as the blockchain industry grows across Saudi Arabia. A reliable blockchain development company must offer technical depth, strong architecture decisions, and a clear understanding of business goals.

SoluLab stands out as a trusted partner, delivering secure and scalable blockchain platforms built for long-term enterprise growth. Our team has implemented solutions across finance, logistics, and document automation, helping businesses modernize with confidence.

FAQs

1. How much does blockchain development cost in Saudi Arabia?

Blockchain development costs vary by project size and features. Usually starts from $10k and exceeds based on MVP budgets to higher enterprise investments, depending on complexity and integrations.

2. How long does it take to develop a blockchain platform?

Most blockchain integrations take between 3 to 4 weeks. However, it depends on scope, technology choices, team size, and the level of customization required; the time can increase.

3. Which industries in Saudi Arabia are growing fastest with blockchain technology?

Healthcare, banking, supply chain, telecom, and public services show the strongest blockchain growth because they benefit most from transparency, automation, and secure data exchange.

4. How can I contact SoluLab for blockchain development support?

You can reach SoluLab directly through their website or by requesting a consultation with their experts to discuss project needs, timelines, and development goals.

5. Is blockchain suitable for small businesses in Saudi Arabia?

Yes. Many SMEs use blockchain solutions because they improve workflow efficiency, reduce manual work, and lower long-term operational costs with minimal technical effort.

How EU Digital Identity Wallets are Setting Global Benchmarks for 2026?

Posted on by Shipra

EU Digital Identity Wallets

What if you could access healthcare, banking, travel, and even education, all with a single digital ID?
That’s the vision behind the EU’s Digital Identity Wallet (EUDI Wallet), a unified, secure, and user-controlled way to verify identity across borders. As Europe fast-tracks its rollout for 2026, this initiative isn’t just transforming how citizens interact with governments and businesses; it’s setting new global standards for digital trust, privacy, and interoperability.

Across Europe, more than 400 million citizens will soon use the EU digital identity wallets under the new eIDAS 2 regulation. This initiative marks a major change in how digital identities operate across borders. With this system, users control personal information, access services securely, and verify identities without paper documents. 

The EUDI framework is not only about convenience but also about trust, interoperability, and secure digital applications. This blog gives you the details on EU digital identity wallets use cases and why they are gaining popularity in 2025. 

What is the EU Digital Identity Wallet, And How Does It Work?

The EU digital identity wallet (EUDI wallet) is currently gaining popularity among users. Its secure systems enable citizens and businesses to verify identity, store credentials, and access services across Europe. It comes under the EU digital identity wallet regulation authority, which gives full access to the individual on their personal data. This wallet system follows EU standards to ensure cross-border interoperability. The EUDI Wallet replaces fragmented identity verification systems with a unified digital framework.

The digital identity wallet providers and the European Digital Identity Wallet Consortium ensure that all wallets comply with privacy, security, and interoperability rules. Each user’s credentials, like ID, driver’s license, or academic degree, are stored digitally and shared selectively when needed.

The digital identity wallet EU solution operates through secure verification layers and standard APIs.

  • Users register with a national identity provider.
  • The wallet connects to trusted service providers using secure communication protocols.
  • Identity verification happens in real time, using multi-factor authentication.
  • The verified credentials are stored locally in encrypted form.

The European Commission adopted a new round of seven implementing regulations in July 2025, detailing technical specifications for trust services and electronic attestations to ensure interoperability across the EU. 

What Are the Key Components of the EUDI Wallet?

The EUDI Wallet consists of multiple interconnected layers that ensure secure operation, compliance, and user control. Each layer performs a specific function for safe and reliable identity management using blockchain.

What Are the Key Components of the EUDI Wallet

  • Identity Verification Layer

This layer handles identity validation through government-issued digital credentials and biometric checks. Verification occurs using data from national ID systems, passports, or driving licenses. The EU digital identity wallet regulation defines how this data should be validated and stored.

  • Authentication and Access Management

Authentication makes sure that the user credentials in the EU digital identity wallet app are valid. It uses multi-factor authentication, ie, biometrics, pins, making it secure and trustworthy. Similar way, enterprises also use this layer for authentication and wallet integration to validate the customer and employee. 

  • Credential Issuance and Management Framework

This framework allows trusted authorities to issue and revoke credentials. Each credential, such as a health record, tax certificate, or professional qualification, is digitally signed and stored securely. The digital identity wallet providers follow EU-defined protocols for data exchange and verification. 

  • Integration with Public and Private Systems

The EUDI Wallet supports seamless integration through standardized APIs. It connects with e-government portals, banks, healthcare systems, and educational institutions. This integration allows businesses and governments to authenticate users without storing sensitive personal data directly.

  • Data Encryption and Security Infrastructure

All stored data is encrypted both in transit and at rest. The system relies on blockchain-based identity management and advanced cryptographic protocols. Security infrastructure includes public key cryptography, digital certificates, and tamper-proof logs. Moreover, compliance with EU GDPR standards ensures strong data protection.

  • User Interface and Experience Layer

The EU digital identity wallet app includes a unified, easy-to-navigate interface. This design ensures quick access to identity credentials, digital signatures, and verification records. For businesses building similar platforms, emphasis lies on simple user flows, secure authentication screens, and easy credential sharing options.

  • Regulatory Compliance and Trust Registry

All operations in the wallet are backed by the EU trust registry, which lists certified providers and services. This registry ensures that only verified institutions issue or accept credentials. It maintains transparency, legal compliance, and traceability of all digital interactions.

Business and User Benefits of the EUDI Wallet

The EU digital identity wallet offers a secure place to store and use identity details such as ID cards, driver’s licenses, bank cards, and academic records. Let’s see how EUDI wallets are used in different industries that help both businesses and citizens of Europe. 

  • Healthcare and Cross-Border Access

In healthcare, EUDI wallets allow citizens to store medical records, prescriptions, and health insurance information. When traveling across EU countries, patients can easily share the required data with hospitals or pharmacies without lengthy paperwork.

This helps citizens receive medical services faster and ensures their data stays private. Businesses such as healthcare providers and insurers save time and cost in patient verification and claim processing. Governments gain better coordination of cross-border healthcare services and stronger fraud prevention systems.

  • Travel and Transport

The wallet simplifies travel by allowing users to carry digital versions of passports, driving licenses, and tickets. Whether booking a flight or renting a car, verification becomes seamless and paper-free. Travelers can move freely without worrying about lost documents or long verification lines.

This benefits citizens by offering convenience and security during cross-border travel. Businesses, including airlines and rental agencies, experience faster check-ins and reduced identity verification costs. Governments achieve improved border management and stronger digital authentication across systems.

  • Education and Academic Verification

The EU digital identity wallet supports digital academic credentials, making it easier for students and professionals to prove qualifications across member states. Universities can issue verified diplomas and certificates directly into the wallet, which can be instantly shared with employers.

This helps citizens manage and share credentials without delays or paperwork. Businesses benefit from quick and reliable background checks during hiring. Governments support mobility, transparency, and mutual recognition of qualifications across Europe’s education systems.

  • Financial Services and Online Transactions

The wallet brings greater trust to financial services and e-commerce. Citizens can use it to verify identity during online banking, payments, or digital contract signing. The process becomes secure and compliant with EU data protection rules.

This benefits citizens by reducing the risk of fraud and simplifying secure digital payments. Businesses, including banks and fintech firms, save costs on KYC and customer onboarding while speeding up transactions. Governments gain better oversight, lower financial fraud, and stronger enforcement of digital identity regulations.

  • Public Services and e-Governance

Through the EU digital identity wallet, citizens can log into multiple government platforms, whether for tax filing, social benefits, or vehicle registration, using one verified digital identity. This eliminates repeated logins and long verification steps.

It benefits citizens by offering faster, easier access to essential public services. Businesses can handle government tenders or compliance filings without delays. Governments gain operational efficiency through integrated systems and accurate citizen data management.

Top Features You Must Have in the EU Digital Identity Wallet

The digital identity wallet European Commission framework defines several features that ensure security, trust, and usability.

Top Features You Must Have in the EU Digital Identity Wallet

1. Cross-Border Interoperability Across EU Member States

The wallet must function in all member states without additional integration work. Businesses developing secure digital applications must ensure compatibility with EU interoperability standards.

Interoperability promotes smooth digital operations and simplifies international trade.

2. User-Controlled Data and Privacy-by-Design

Users decide what data to share. This approach aligns with the self-sovereign identity model. Each wallet logs every transaction, allowing users to monitor where and when their information is shared.

Privacy-by-design remains a core requirement for any digital identity wallet EU project.

3. Multi-Purpose Functionality for Everyday Use

The EUDI Wallet supports diverse use cases: accessing e-government services, verifying professional qualifications, or signing agreements.

Businesses can integrate the wallet into their digital workflows, reducing the need for multiple logins or identity systems.

4. Legally Binding Digital Signatures

The wallet includes digital signature capabilities. These signatures hold legal validity across all EU states.

This feature allows users and businesses to sign contracts, approve transactions, or submit documents without paper processes. It ensures compliance with the EU eIDAS regulation.

5. Additional Future-Ready Capabilities

The EUDI Wallet roadmap includes several futuristic developments that enhance scalability and innovation:

  • AI-based credential verification for faster processing.
  • Blockchain-backed transparency for audit trails.
  • Open API ecosystem for third-party integrations.
  • Offline functionality for secure verification without the internet.
  • Advanced biometric security ensures strong identity assurance.

6. Cost and Time Estimates

If you’re also looking to build EUDI wallet frameworks, then going for a partner is the best idea. Let’s see the expenses and time frame. 

  • Building an EU digital identity wallet typically costs between €60,000 and €150,000, depending on features and integrations. 
  • Third-party blockchain development companies can build a secure, compliant wallet in a cost-efficient way within 8 to 16 weeks. 

Integration of advanced services, such as biometric verification or cross-border identity checks, can increase both cost and timeline.

Crypto Wallet Services

Conclusion

As per the above details, you should have gained a comprehensive understanding of EUDI wallets’ usage and how they are fostering trust among people. If you are looking to integrate a wallet or build from scratch, SoluLab is here to help in every step. 

We, at SoluLab, a top blockchain development company, build secure and simplified platforms for your business goals. Our expert team seamlessly integrates blockchain into your existing infrastructure or migrates to a more advanced blockchain network. For more information, contact us today. 

FAQs

1. What makes the EU Digital Identity Wallet different from any other ID app?

Unlike typical ID apps, it’s built on EU-wide regulations and blockchain-backed security, allowing users to verify, sign, and access services securely and instantly anywhere across Europe.

2. How secure is the EUDI Wallet really?

It uses advanced encryption, blockchain technology, and multi-factor authentication to protect your data, making identity theft or fraud nearly impossible across EU digital platforms.

3.  Who can use the EU Digital Identity Wallet?

Any EU citizen or resident can use it to access government, finance, healthcare, and travel services, all under one secure, verified digital identity framework.

4.  How can SoluLab help in building an EU Digital Identity Wallet?

SoluLab specializes in blockchain app development solutions, helping enterprises design and deploy secure, regulation-compliant digital identity wallet systems customized for EU and global frameworks.

5. Could the EUDI Wallet someday replace physical passports or ID cards?

Maybe soon! The EU aims for digital IDs to become valid across borders, meaning your digital wallet could eventually serve as a full replacement for physical documents.

Enterprise Blockchain Implementation Cost: From PoC to Production

Posted on by Shipra

Enterprise Blockchain Implementation Cost From PoC to Production

Are you looking to develop a blockchain from PoC to full-scale production? Do you need clear guidance and insights? Before jumping into the project, entrepreneurs must know the costs and plan accordingly. Blockchain technology is emerging as a game-changer in finance, healthcare, supply chain, and many other industries. 

If you are starting with a Proof of Concept (PoC) or planning a production-ready solution, you must know the process. This blog guides you from the PoC definition to implementation, costs, tools, and its benefits. Let’s check out how to develop a proof of concept​!

What is Blockchain PoC?

Blockchain PoC is a model created to test a blockchain idea without launching a full product. This test proves whether the blockchain solution works as intended. It also helps stakeholders check how it fits with current systems.

The purpose is simple. Avoid large investments before validating performance and security. Proof of concept development gives enterprises confidence by showing what’s possible with blockchain. This is where businesses partner with blockchain consulting and proof of concept development services to avoid technical surprises.

Understanding Blockchain Proof of Concept for Enterprises

Proof of Concept (PoC) in blockchain helps businesses test if the technology fits their real-world goals. It is a small-scale project designed to evaluate whether blockchain can solve a specific enterprise problem. Before going full-scale, companies use PoC to assess practicality, technical compatibility, and overall value.

PoCs help reduce risk by revealing gaps early. For many enterprises, it acts like a controlled sandbox. This method allows leadership to make data-driven decisions before committing major investments. Blockchain proof of concept development often begins at this stage to validate the direction.

Key Objectives Behind Enterprise Blockchain PoCs

The primary goal of blockchain PoC is to validate a use case through a working model. It checks for feasibility and expected outcomes. Startup businesses generally use PoC to evaluate their system scalability, transparency, and immunity. Not only do these PoC also identify potential problems early, including integration challenges or legal compliance issues. At last, it aids in securing buy-in from makers, and the transparency decides the approval of production.

Key Objectives Behind Enterprise Blockchain PoCs

Step-by-Step Process of Blockchain Implementation

Implementing blockchain in an enterprise isn’t just about adopting new technology—it’s about transforming processes, enhancing trust, and unlocking new business models. The journey typically moves like this:

1. Defining Business Goals and Technology Requirements

Blockchain PoCs begin with identifying what the enterprise wants to achieve. Is it about tracking supply chain items or automating contracts? Once the goal is clear, teams outline key technical needs. These could include data privacy, smart contract use, or permissioned access.

At this point, clarity is essential. The better defined the requirements, the smoother the development. Proof of Concepts in Blockchains work best when aligned with core business goals and constraints.

  • Aligning Blockchain Use Cases with Enterprise Needs

Not all problems need blockchain. That’s why it’s important to match real use cases with the technology’s strengths. Enterprises must ask if the problem involves trust, transparency, or decentralization.

If the answer is yes, blockchain could help. A use case like cross-border payments or digital identity fits naturally. A blockchain proof of concept development ensures the use case isn’t forced but strategically chosen.

  • Determining Technical, Legal, and Operational Scope

Enterprises must plan for more than just coding. PoC projects also consider legal compliance and regulatory policies. For example, if the project handles personal data, GDPR guidelines may apply.

Technical scope covers API integration, node setup, and blockchain architecture. Operational scope includes team roles, timelines, and internal testing plans. All these pieces must align before development begins.

2. Stages Involved in Blockchain PoC Development

PoC development unfolds in distinct, manageable stages. Each step reduces uncertainty and sharpens the solution.

  • Theoretical Framework and Functional Mapping

This stage defines the problem, solution hypothesis, and expected blockchain behavior. It includes logic flows, data structures, and performance expectations. Teams map out how blockchain will process inputs and deliver outputs. Diagrams help everyone visualize how the concept fits together.

  • Product Planning and Feasibility Validation

Next comes the plan for building the working model. Developers check available resources and validate technical feasibility. Can the system handle transaction speed? Does it need a public or private blockchain? The answers shape the actual development timeline.

3. Blockchain Platform Selection and Integration Assessment

Enterprises choose between platforms like Ethereum, Hyperledger Fabric, or Polygon based on the use case. Each option comes with trade-offs in terms of speed, cost, and flexibility. Integration with legacy systems is also evaluated. Smooth integration reduces friction and future costs.

Blockchain Implementation Step-by-Step Process

Major Cost-Influencing Factors in PoC Development

Costs vary based on features, complexity, and team structure. However, a few elements consistently impact total spend.

  • Resource Allocation and Man-Hour Calculations

PoC development requires blockchain architects, backend developers, frontend teams, and QA testers. Depending on the project scope, even a small team may log hundreds of hours. Time spent equals money. Hourly rates vary based on location, experience, and project urgency. A basic blockchain PoC typically requires 2-4 blockchain developers, 1 product manager, and 1 QA tester.

Standard developer rates range from $40 to $150 per hour, depending on the location and expertise. A 3-month PoC project with a lean team may cost between $30,000 and $70,000.

  • Tooling, Infrastructure, and Third-Party Licensing Costs

Tooling includes blockchain SDKs, APIs, and development environments. Infrastructure covers hosting, node deployment, and cloud usage. If third-party tools are used, licensing costs apply. While open-source platforms reduce this burden, enterprises often choose commercial tools for security and reliability. 

  • Cloud infrastructure (AWS, Azure, etc.) and developer tools may cost $1,000 to $5,000 monthly.
  • Third-party APIs, SDKs, or blockchain platform fees can add another $2,000 to $8,000.
  • Expect a typical tooling budget of $5,000 to $15,000 for a PoC stage.

  • Hidden Costs and Risk Buffer Estimations

Unexpected costs arise from system bugs, scope changes, or legal hurdles. Smart enterprises build a 10-20% risk buffer in budgets $5,000 to $10,000. Also, stakeholder coordination, documentation, and internal approvals consume time. These must be included in total PoC cost estimates.

Major Cost-Influencing Factors in POC Development

Evaluating PoC Results Before Scaling Further

Once the PoC is done, it’s time to analyze the outcomes. Did it perform as expected? Were all test cases successful?

  • Technical Validation and Use Case Suitability

Teams evaluate if the blockchain model handled data as expected. If it failed under load or missed conditions, the use case might need revision. Scalability tests are run, especially for enterprise-level applications. Security audits are also conducted.

  • Stakeholder Feedback and Data-Driven Insights

Results are shared with business and technical leadership. Stakeholders check if KPIs were met. They assess the business value created by the PoC. Feedback shapes the final decision—whether to move ahead, revise, or stop entirely.

Transitioning from Blockchain PoC to Production

Moving from PoC to production requires scaling the architecture and tightening the workflows. This is not a copy-paste job. Real-world traffic, regulations, and risks make it more complex.

  • Designing Scalable Architecture and Network Setup

Developers design an architecture that supports production-scale usage. This includes selecting between public, private, or hybrid blockchains. Network design includes nodes, consensus methods, and API access layers. Scalability becomes a key concern, especially for global or high-traffic applications.

  • Governance, Compliance, and Performance Monitoring

Enterprises implement governance models defining who controls nodes, permissions, and updates. Compliance frameworks ensure that the production blockchain meets legal standards. Real-time monitoring tools are integrated to catch performance issues early. This includes alerts, analytics dashboards, and incident reports.

Full-Scale Production Cost Considerations for Enterprises

Production deployment is a long-term investment. It involves both fixed and recurring costs. These need planning and periodic review.

1. Maintenance, Support, and Upgradation Requirements: Blockchain systems require regular updates. Smart contracts may need patches. Network components may need scaling. Dedicated support teams are formed. Maintenance contracts with vendors or consulting teams add to recurring costs. These services ensure uninterrupted operations.

2. Long-Term ROI and Cost-to-Value Optimization: Enterprises must compare long-term returns against initial investments. Metrics like reduced fraud, improved transparency, or automated workflows show value. ROI may take months to years. But well-implemented solutions often reduce operational costs and improve efficiency. 

Enterprise Blockchain Development Company

Conclusion

Adopting blockchain isn’t just a technology upgrade—it’s a strategic move that can redefine how your enterprise operates. The journey from PoC to full-scale production demands the right expertise, tailored strategies, and seamless integration with existing systems.

As a trusted blockchain development company, SoluLab empowers enterprises to navigate every stage of their blockchain journey—right from identifying high-impact use cases to building scalable, secure, and cost-effective production-grade solutions. With proven expertise across platforms like Hyperledger, Ethereum, Polygon, Avalanche, and Solana, we ensure your blockchain implementation is future-ready, compliant, and delivers measurable ROI.

Contact us today to transform your business with leading-edge blockchain solutions!

FAQs

1. How much does it cost to develop a blockchain PoC?

Blockchain proof of concept development usually costs $5,000 to $10,000 for basic. And specific charges depending on team size, tech stack, and timeline. Proof of Concepts in Blockchains help avoid larger future costs.

2. Why do enterprises need a blockchain PoC before full production? 

PoCs help test technical feasibility and business value. Proof of concept development gives clarity before large investments, reducing risk and aligning use cases with enterprise goals.

3. What services are included in blockchain consulting and PoC development? 

They include use case validation, tech stack selection, development planning, and stakeholder alignment. Blockchain consulting and proof of concept development services guide early stages with expert insights.

4. Can you skip PoC and go straight to production? 

Skipping PoC is risky. Without it, you might miss key integration issues or cost surprises. Proof of Concepts in Blockchains ensure you build smarter, not just faster.

5. Is blockchain PoC really worth it… or just trendy tech theater? 

That’s a fair question. But real-world PoCs uncover flaws early. They’re not just buzzwords; they offer honest validation, especially when backed by strong blockchain consulting and proof of concept development services.

Top 7 Blockchain Development Use Cases Where Enterprises Saved Millions

Posted on by Shipra

Top Blockchain Development Use Cases

You might have heard how startups build innovative platforms at low cost. Businesses are now focusing on making their system smarter, faster, and more transparent to save expenses. This is where blockchain technology plays a key role. Blockchain for enterprises supports cutting suppliers’ onboarding time to ensure instant payouts. 

Mike Cagney, Co-founder of Figure, said, “Blockchain represents the democratization of financial services, offering retail investors one of the largest allocations ever seen in an IPO.”

Not only that, but businesses are enhancing it to ensure user data security, customer trust, and regulatory compliance. With this automatic smart technology, enterprises saved millions. Let’s get into some major use cases that can reshape your business.

Why Enterprises Need Blockchain Development?

Blockchain for enterprise builds trust and transparency. Every stakeholder can access the same verified data without disputes. It enhances your customer security and helps protect against fraud and technical breaches. Some convincing reasons to invest in blockchain are:

1. Blockchain for digital identity streamlines verification. Users control their credentials while reducing compliance delays.

2. Smart contracts automate processes. Enterprises save time, reduce errors, and eliminate unnecessary intermediaries.

3. Supply chain tracking improves accountability. Companies trace goods in real time, ensuring authenticity and reducing counterfeits.

4. Blockchain reduces costs significantly. Enterprises cut transaction, auditing, and reconciliation expenses.

5. Faster settlements boost efficiency. Payments, cross-border transfers, and vendor payouts are complete in near real time.

6. Blockchain innovation ensures future readiness. Businesses stay competitive as industries shift to Web3 and tokenization.

Blockchain Development Company

Top 7 Blockchain Development Use Cases

Now that you have a clear idea of how blockchain helps your business, let’s get to know some case studies that took the businesses to new heights. 

1. Digital Contracts and Transactions Using Blockchain

In the following two case studies, the companies automated the contracts by leveraging blockchain. By doing this, they not only saved time but also improved the efficiency and reduced the manual delay. Let’s check each one in detail. 

  • Hitachi

Hitachi was managing contracts with around 2000 companies. Their traditional paper-based system slowed down procurement and invited errors. To overcome this, Hitachi adopted a blockchain-based paperless procurement system using Hyperledger Fabric. This new system digitized contract approvals and document sharing with suppliers.

Blockchain ensured documents were tamper-proof and traceable. As a result, Hitachi could handle at least one contract per company monthly with greater efficiency and less risk of fraud. The blockchain for enterprise system helped reduce manual delays and secured sensitive procurement data, saving both time and operational costs.

Hitachi

  • BlockTower Credit

Capital markets have begun leveraging blockchain for faster settlements and improved access to capital. BlockTower Capital partnered with Centrifuge to modernize credit securitization using blockchain. The move cut costs by 97% and improved transparency.

Blockchain applications enable near-instant trade settlement, removing the need for third-party intermediaries. Traditional assets like stocks and bonds can be tokenized, allowing fractional ownership. This increases liquidity and lowers capital entry barriers, saving institutions millions in operational inefficiencies and errors.

BlockTower Credit

2. Blockchain made Supplier Management and Compliance Easy

As countries introduce new rules and regulations to protect user details, businesses must adapt to them. Let’s examine how companies manage these changes and how they minimize the cost of updates.

  • Trust Your Supplier

Trust Your Supplier, developed in partnership with IBM, simplifies supplier onboarding and verification using blockchain. Traditionally, verifying supplier credentials took weeks and involved repetitive checks. Using blockchain, data is verified once by trusted sources like Dun & Bradstreet or EcoVadis.

Then, a digital “supplier passport” is created and shared securely across business networks. This blockchain for business solution cut onboarding time by over 70% and slashed data verification costs by 50%. Blockchain’s transparency also improved regulatory compliance and risk management across global supply chains.

Trust Your Supplier

  • Walmart

In global commerce, tracking a product’s origin and movement is crucial for safety and ethics. Blockchain allows each supply chain participant to log verified data in real-time. For example, Walmart and IBM’s Food Trust blockchain solution traces food items from farm to shelf.

This ensures product freshness, reduces food waste, and speeds up recalls during contamination events. Consumers and regulators gain access to reliable data on sourcing, handling, and transit, all verifiable on the blockchain. Such blockchain technology in financial services saves millions in quality control and fraud prevention.

walmart

3. Trade Finance and Commerce Process Simplified

As blockchain technology grows, world trade is writing new chapters in the economy. Here is how companies handle transactions without delay and errors, which reduces the transactional costs. 

  • Marco Polo Network

International trade often involves complex paperwork and delayed payments. To solve this, Marco Polo Network introduced a blockchain platform for trade finance. It connects buyers, sellers, and banks through a shared ledger, integrating with ERP systems. Smart contracts ensure that payment is automatically released once delivery is confirmed. This removed the need for letters of credit and reduced manual errors. It shortened settlement time, reduced bank fees, and improved trust in global transactions.

Marco polo network

  • Barclays PLC

Traditional letters of credit can take weeks and involve multiple layers of verification. For the first time in 2016, Barclays PLC automated this using smart contracts programmed with trade terms. Once conditions are met, payments are released without human intervention. This automation reduces fraud risk and eliminates the need for constant follow-ups. Enterprises using blockchain in trade finance report improved cash flow and reduced transaction costs.

Barclays PLC

4. Blockchain Enhanced ESG Tracking

With the green certification and carbon credits, companies are gaining external financial support. Let’s see how this actually works. 

  • Renault

Renault must comply with over 6,000 safety and quality standards across its operations. Tracking components from multiple suppliers was complex and error-prone. To solve this, Renault and IBM built a blockchain-based compliance platform. This solution ensures traceability of every part from suppliers to assembly lines. 

It helps meet internal and external compliance requirements without duplication. Renault reduced non-compliance expenses by 50% and plans to expand blockchain use for tracking carbon footprints and recycling efforts.

Renault

  • Brooklyn Microgrid

Blockchain also plays a role in clean energy and sustainability. Projects like the Brooklyn Microgrid enable peer-to-peer energy trading without intermediaries. Participants sell excess solar energy to neighbors through a blockchain ledger. This creates a transparent, local energy market and boosts renewable energy adoption. Blockchain also tracks carbon emissions and green certifications, helping organizations meet ESG goals with verified data.

Brooklyn Microgrid

5. Raw Material and Product Quality Verified Through Blockchain Technology

Nowadays, industries use technology to reduce manual labor and reduce their costs. 

  • Ford

Ford aimed to ensure the ethical sourcing of cobalt used in electric vehicle batteries. They partnered with IBM and RCS Global to build a blockchain tracking system. The system recorded the cobalt’s journey from certified mines through logistics to factories. IoT sensors and supplier declarations verified authenticity and compliance at each stage. This gave Ford end-to-end visibility into its sourcing, reducing ESG risks and improving transparency for stakeholders.

Ford

  • Nestlé

After China’s 2008 milk scandal, parents were cautious about baby food safety. Nestlé introduced NAN A2 infant formula with full blockchain traceability in China. Customers scanned QR codes to view the product’s origin, ingredients, and packaging details. All data was stored on a public blockchain, accessible via mobile apps. This move helped Nestlé gain significant consumer trust and grow its market share in infant nutrition.

Nestle

6. Insurance Claims and Fraud Reduced Rapidly

Blockchain technology in the insurance industry is improving customer satisfaction levels without any delays. Here is how companies use smart contracts to gain users’ trust.

  • AXA Fizzy

AXA tackled slow and frustrating flight delay claims with a product called Fizzy. It used blockchain smart contracts and flight data oracles to detect delays automatically. If a flight was delayed over two hours, a smart contract triggered an automatic payout. No paperwork or claim filing was needed. This innovation improved customer satisfaction and reduced administrative overhead for AXA.

AXA

  • Etherisc

Etherisc created blockchain-based insurance for events like crop failure or flight delays in Kenya. Smart contracts automated payouts when conditions were met using third-party data. For instance, if weather data confirmed a drought, a payout was made instantly. This reduced fraud, sped up claim settlements, and brought insurance access to underserved communities.

Etherisc

7. Identity, Health, and Legal Records Secured

Blockchain is evolving into the next stage as industries use it in every application. From private to government, everyone is adopting blockchain technology to make things easy. Enterprises are also adopting it and innovating new ideologies to enhance their system and reduce expenses.

  • OpenLaw

OpenLaw uses blockchain to create smart legal agreements. Lawyers and clients use templates with embedded code for execution. These smart contracts handle actions like payments and asset transfers once triggered. This reduces manual revisions and offers an auditable legal record on-chain. It saves time, lowers legal costs, and increases contract reliability. This makes it one of the top blockchain applications and use cases in business. 

Open Law

  • IPwe

IPwe collaborated with IBM to build a blockchain-based IP marketplace. They tokenized over 80% of the world’s patents for transparent tracking. Businesses now display, value, and trade IP more efficiently. This unlocks investment opportunities and ensures fair licensing practices.

IPwe

  • American Hospital Association

Healthcare providers store patient data on blockchain for better security and access control. The American Hospital Association also mentioned how Blockchain is changing clinical operations. With this, patients decide who can access their records. Doctors’ credentials are also verified and stored on-chain. This reduces fraud and ensures licensed professionals deliver care. Data integrity is preserved with a full audit trail.

American Hospital Association

  • Governments

Public sector bodies now use blockchain to manage land records, identity documents, and licenses. States like Illinois and Delaware have launched blockchain pilots. This ensures tamper-proof public records and secure citizen data. Governments benefit from higher transparency and reduced administrative costs.

Governments

Conclusion

As per the above case studies and use cases, blockchain proves its worth in the technology world. If you are also thinking of adopting blockchain technology, then Solulab, the top blockchain consulting company, is here to assist you. 

We at Solulab provide hands-on guidance, helping you design and implement large-scale blockchain systems. Our blockchain consultants assist businesses in implementing this innovative technology effectively. This makes you stay ahead of the competition. 

Contact us today for secure, reliable, and efficient blockchain adoption. 

FAQs

1. How exactly does blockchain help companies save money?

Blockchain removes middlemen, automates contracts, and prevents fraud. It reduces paperwork, human errors, and processing time, saving millions in administrative costs, compliance issues, and delayed payments across global operations.

2. Is blockchain only useful for big companies like Hitachi or Ford?

Not at all. While large companies adopted it first, small and mid-sized businesses now use blockchain for supply tracking, digital identity, or automated contracts, especially with today’s easier-to-access blockchain platforms.

3. How can SoluLab help enterprises adopt blockchain solutions for procurement and trade finance?

At SoluLab, we design secure, efficient blockchain solutions that help you reduce costs, automate contracts, and boost trust across procurement and trade finance.

4. How does blockchain improve product safety for consumers?

It tracks every step in the supply chain, from farm to shelf. That means consumers can scan a code and instantly see where, when, and how a product was made, with total transparency.

5. Could I ever use blockchain to track my coffee beans or shoes? 

Yes, really! Some companies already let you trace your coffee or sneakers back to the farm or factory. Blockchain lets everyday people see the full story behind what they buy. 

How Are Governments Using Blockchain to Build Trust in Voting?

Posted on by Shipra

Blockchain for Electronic-Voting System

Free and fair elections are the backbone of democracy. Yet, traditional voting methods—whether paper ballots or electronic voting machines—are increasingly criticized for being vulnerable to fraud, delays, and inefficiencies. Voter turnout often suffers, logistical challenges pile up, and the cost of running secure elections keeps rising.

To address these issues, governments are now exploring blockchain technology. With its decentralization, immutability, and transparency, blockchain offers a way to ensure every vote is recorded securely, verifiably, and without tampering. It has the potential to make elections more efficient, trustworthy, and inclusive, particularly for remote or marginalized voters.

This blog covers the concept of blockchain integration in e-voting systems while considering its benefits and reasons to do so. Let’s get started!

What Is Blockchain Voting?

A blockchain voting system records votes in a secure, distributed ledger instead of a centralized database. Unlike traditional digital platforms that can be hacked or manipulated, a blockchain-based system ensures:

  • Each vote is encrypted and anonymized
  • Votes are stored immutably and cannot be altered
  • Results are fully auditable without compromising privacy
  • Votes cannot be duplicated, lost, or tampered with

This approach aims to improve trust, security, and accessibility in the voting process while reducing the risks of fraud, tampering, or miscounting.

How Does Blockchain Voting Work?

Blockchain voting combines the security of cryptography with the transparency of decentralized ledgers to create a trustworthy election process. Instead of relying on a single central authority, the system distributes and verifies votes across a secure network. Here’s how it works step by step:

How Does Blockchain Voting Work

1. Voter Authentication

  • Every voter is verified using secure digital IDs, biometrics, or government-issued credentials.
  • This step ensures only eligible voters can participate.

2. Vote Casting

  • Voters log into a blockchain-based voting platform (via mobile app or web portal).
  • Each vote is encrypted and turned into a digital transaction.

3. Recording the Vote

  • The encrypted vote is added to a new block on the blockchain.
  • Once validated by the network, it becomes part of the immutable ledger.
  • This prevents tampering, double voting, or deletion.

4. Transparency and Verification

  • All transactions (votes) are time-stamped and visible on the blockchain without revealing voter identity.
  • Voters can verify that their vote was recorded correctly without compromising anonymity.

5. Counting and Results

  • Votes are tallied automatically and securely from the blockchain ledger.
  • Since all data is public and immutable, election results can be independently audited by authorities, watchdogs, or even citizens.

So, blockchain voting creates a tamper-proof, transparent, and verifiable process that strengthens voter confidence while reducing fraud and administrative costs.

Traditional vs Blockchain Voting

Aspect Traditional Voting Blockchain Voting
Process Manual processes with paper ballots or voting machines Automated, digital, and decentralized ledger recording
Voter Verification In-person checks, prone to errors or duplication Secure digital IDs and cryptographic authentication
Transparency Limited, often controlled by central authorities Real-time, publicly verifiable without revealing identities
Security Vulnerable to fraud, ballot stuffing, and tampering Immutable and tamper-proof blockchain transactions
Cost & Resources High costs due to staff, booths, and logistics Lower operational costs through digital automation
Speed of Results Slow counting and delayed announcements Instant tallying with auditable results
Accessibility Requires physical presence at polling stations Remote and global participation via secure digital platforms

How Blockchain Enhances Voter Trust?

Trust is the most important currency in democratic forms. This is how a blockchain voting system facilitates and maintains it:

1. Transparency: Anyone can check the process without accessing private data.

2. Immutability: Voters know their votes can’t be altered once cast.

3. Traceability: Every vote includes a cryptographic timestamp and record, providing accountability.

4. Smart Contracts: Automate verification and counting, reducing human error or bias.

5. Anonymity with Auditability: Maintains voter anonymity but still allows for complete audits.

Why Are Governments Considering Blockchain for Voting Systems?

In today’s political world, voter trust has become one of the most fragile elements of democracy. Traditional voting systems—whether paper-based or electronic—struggle with concerns over fraud, inefficiency, and lack of transparency. This is why many governments around the world are exploring blockchain technology as a way to modernize elections and rebuild public confidence.

1. Fighting Electoral Fraud

Traditional voting systems are susceptible to ballot tampering, impersonation, and duplication of votes. Blockchain prevents these weaknesses by locking votes as unalterable blockchain records, rendering fraud highly improbable.

2. Boosting Voter Participation

Low turnout is a universal problem, particularly among youth, mobile, and dispersed populations. By providing a blockchain-enabled voting platform available through smartphones, governments can facilitate more participation among digitally engaged citizens.

3. Improving Transparency and Accountability

Blockchain provides a public, transparent record of votes—preserving transparency while keeping voters anonymous. Third-party monitors and governments can verify election outcomes independently.

4. Cost Saving and Increased Efficiency

Running national elections entails enormous costs in printing ballots, dispatching personnel, transporting supplies, and security. Blockchain-based e-voting systems significantly lower these logistical expenses and provide quicker, more precise results.

5. Digital Identity and Authentication Security

Blockchain can be easily integrated into digital identity verification systems that perform biometric or document-based authentication that is tamper-evident.

Benefits Governments Aim to Achieve

By integrating blockchain into voting systems, governments are not just adopting a new technology—they are addressing some of the most persistent issues in democratic processes. Key benefits include:

Benefits Governments Aim to Achieve Via Blockchain Voting

1. Increased Voter Turnout: Digital and remote blockchain voting makes the process more accessible for citizens who cannot reach polling stations, such as expatriates, people with disabilities, or those living in rural areas. Convenience often translates into higher participation rates and a stronger democratic mandate.

2. Greater Trust in Results: Every vote recorded on blockchain is immutable and transparent, meaning results can be independently verified by citizens, auditors, and watchdogs. This reduces skepticism about manipulation and strengthens public confidence in the fairness of elections.

3. Reduced Costs: Traditional elections involve enormous expenses for printing ballots, staffing polling booths, and transporting materials. Blockchain-based digital voting can significantly cut these operational costs while ensuring the same—or even higher—levels of accuracy and efficiency.

4. Stronger Protection Against Electoral Fraud: With blockchain’s cryptographic security, altering or tampering with votes becomes virtually impossible. From voter impersonation to ballot stuffing, many common fraud risks are drastically minimized, creating a more secure electoral environment.

Real-World Government Use Cases

Several governments have already taken significant steps to test or implement blockchain-backed voting systems, each offering valuable insights into the potential and challenges of this technology.

  • Estonia

A global pioneer in digital governance, Estonia has integrated blockchain into its e-voting system, which works alongside its robust national ID infrastructure. Citizens can vote securely online during elections, and blockchain ensures that votes remain immutable and verifiable. Estonia’s approach demonstrates how blockchain can support nationwide adoption when combined with strong digital identity systems.

  • United States

In 2018, West Virginia piloted blockchain-based voting for overseas military personnel during the midterm elections. While limited in scope, this experiment showed how blockchain could extend voting access to remote citizens, though it also raised debates around security and scalability for larger elections.

  • India

India’s Election Commission has tested hybrid blockchain technology in Telangana to explore secure digital voting for internal migrants and rural populations. The trials focus on creating accessibility without compromising integrity, highlighting blockchain’s role in addressing the unique challenges of large, diverse electorates.

  • Switzerland

Several Swiss cantons, including Zug (often called “Crypto Valley”), have experimented with blockchain-based voting for local referendums. These initiatives emphasized transparency, citizen trust, and accessibility, particularly for younger, tech-savvy voters.

  • Sierra Leone

In 2018, Sierra Leone became one of the first countries to use blockchain for election observation and verification. While the system did not cover the entire election process, it demonstrated blockchain’s potential to improve transparency and independent verification in developing democracies.

Key Learnings from Early Adoption:

  • Blockchain can enhance trust when paired with strong digital ID systems.
  • Small-scale pilots prove the concept but highlight challenges in scalability.
  • Security, voter privacy, and regulatory frameworks remain critical hurdles.
  • Transparency and accessibility benefits resonate strongly with citizens, encouraging broader participation.

Blockchain Development Company

Conclusion

Blockchain is quickly becoming a revolutionary power in modernizing electoral processes, providing unparalleled transparency, tamper-resistance, and accessibility. As governments all over the globe investigate blockchain voting as a means to rebuild trust and facilitate secure distant participation, demand for trustworthy, enterprise-class solutions is on the rise.

At SoluLab, a top blockchain development company, we deliver customized mission-critical applications such as digital voting. From secure integration of digital identity to vote counting with smart contracts and real-time audit trails, our experts implement scalable, regulation-compliant blockchain voting solutions. As public bodies and private organizations embark on the future of democratic innovation, we are a go-to blockchain development partner in bringing secure, transparent voting systems to reality.

Contact us for more information!

FAQs

1. Will blockchain voting completely replace traditional systems?

Not immediately. Most governments are considering hybrid approaches—combining traditional voting with blockchain—to test scalability and build public trust before full adoption.

2. How quickly can results be declared in blockchain-based voting?

Blockchain voting enables real-time vote counting. Since each transaction (vote) is recorded instantly, results can be tallied faster, reducing the delays and errors common in manual systems.

3. Is blockchain voting cost-effective for governments?

Over time, yes. While initial implementation costs may be high, blockchain eliminates recurring expenses on paper ballots, printing, storage, and manual counting, significantly lowering overall election costs.

4. Can blockchain voting be used for local or organizational elections?

Absolutely. Many universities, corporations, and local governments are already testing blockchain voting for smaller-scale elections, where adoption is faster and risks are lower.

5. How are watchdogs and auditors involved in blockchain voting?

Since every vote is visible on the ledger, independent observers can audit results in real time. This reduces disputes, ensures fairness, and enhances democratic credibility.

How Secure and Scalable Is Tempo Blockchain for Stablecoin Transactions?

Posted on by Shipra

How to Secure Tempo Blockchain for Stablecoin Transactions

Stripe and Paradigm have officially launched Tempo, a high-speed blockchain platform designed for stablecoin payments. With the growing adoption of digital currencies, Tempo positions itself as a payment-first infrastructure to meet the rising demand for secure, scalable, and global stablecoin transactions.

While some industry experts compare Tempo to Meta’s abandoned Libra project, others believe it could as a serious challenger to established blockchains like Ethereum, Solana, and Tron. 

In this blog, we’ll explore how secure and scalable Tempo really is for stablecoin transactions, exploring its features, strengths, challenges, and future. Let’s get started!

What is the Tempo Blockchain?

The Tempo blockchain is a payment-focused distributed ledger technology (DLT) currently operating in a private testnet phase. Its primary goal is to provide a more efficient, secure, and scalable platform for processing payments.

With a target of over 100,000 transactions per second with sub-second finality, it offers high-throughput stablecoin transactions, which are far faster than existing blockchain rates and are intended for real-world applications.

This acquisition shows Tempo’s commitment to building robust stablecoin capabilities, which are crucial for stable, real-world value transfers on a blockchain network.

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How Does Tempo Make Stablecoin Transactions Secure?

Tempo makes stablecoin transactions safe and reliable through the combination of enhanced security measures, blockchain transparency, and compliance standards, providing businesses and users with full confidence in the digital transactions.

1. Blockchain Transparency: Tempo has employed blockchain technology, and transactions are documented on a public ledger. This will provide a great level of transparency so that data can hardly be changed or manipulated, which will enhance security and trust.

2. Smart Contract Audits: Every smart contract of Tempo is audited by third parties. This makes the code devoid of loopholes, which minimizes the occurrence of such risks as hacking, fraud, or unauthorized access to funds.

Blockchain Development Company

3. Encryption Protocols: Tempo protects the sensitive user data and transaction information with sophisticated encryption protocols. This avoids unauthorized interception or misuse of personal and financial data in the course of transactions in stablecoins.

4. Regulatory Compliance: Tempo is compliant with KYC and AML regulations. It prevents money laundering, fraud, and other financial crimes by authenticating user identities and tracking suspicious activity across stablecoin transactions.

5. Fraud Detection Systems: Artificial Intelligence fraud detection is constantly reviewed on Tempo to identify any fraud patterns in transactions. In case of abnormal activity detection, it raises alarms and defenses, which guarantee safe and authentic transfers of stablecoins.

Benefits of Using Tempo Blockchain for Stablecoins

Tempo Blockchain is a trusted stablecoin payment platform that brings efficiency, security, and global accessibility. It is a great option in digital finance due to its distinctive characteristics as a business and individual tool.

Benefits of Using Tempo Blockchain for Stablecoins

  • Enhanced Speed: Tempo Blockchain transactions are faster in processing stablecoins than traditional systems. Faster settlements imply that users and businesses can send and receive money instantly, enhancing efficiency, minimizing waiting times, and facilitating real-time and standard financial transactions across the globe.
  • Reduced Costs: Tempo Blockchain can reduce the cost of transactions when transferring stablecoins by eliminating several middlemen. This cost efficiency assists businesses in saving money, and cross-border payments are more affordable to ordinary users and organizations.
  • Global Accessibility: Tempo Blockchain facilitates international transfers of stablecoins, which allows the industry to make transactions across borders. The global economy offers businesses and individuals both easy access and additional opportunities in which location or banking infrastructure, and currency barriers are insignificant.
  • Increased Security: Tempo Blockchain runs on high-level cryptography to ensure the protection of transactions of stablecoins. This guarantees data integrity, minimizes fraud, and instills trust, and it provides users and businesses with confidence in safe financial transactions.

Read Also: UAE’s Dirham-Backed Stablecoin

Future for Digital Transactions with Tempo

Co-developed by Stripe and the cryptocurrency company Paradigm, Tempo is a payments-first Layer-1 blockchain that has the potential to alter digital payments. Tempo features an automated market maker to enable a smooth conversion process, allows fees to be paid in stablecoins (instead of native tokens), and is compatible with Ethereum’s EVM, which makes developer adoption easier. 

With partners including Visa, Deutsche Bank, Shopify, OpenAI, and Revolut, it is seated in a private testnet and is designed for microtransactions, payroll, worldwide payouts, money transfer, and AI-driven agentic payments. 

Allowlists/blocklists, memos for ISO-20022-style reconciliation, and opt-in privacy are further privacy and compliance elements that Tempo incorporates.

Stablecoin Development Company

Conclusion

Tempo Blockchain’s focus on security and scalability indicates that it has the potential to improve stablecoin transactions. It provides safe and effective transfers while managing massive transaction volumes by combining advanced consensus methods, fast processing, and strong security measures. This results in lower risks in handling digital assets, quicker settlement times, and more trust for investors and enterprises.

NovaPay Nexus partnered with SoluLab to integrate multi-crypto support, enhance security, and build a user-friendly interface. The result? A decentralized, fee-free payment solution for businesses with full control and privacy. NovaPay Nexus now drives wider adoption of ISO-compliant cryptocurrencies across industries, redefining how secure digital payments are made.

SoluLab, a prominent blockchain development company can help you leverage Tempo Blockchain for stablecoin payments. Connect with us today!

FAQs

1. How secure is Tempo Blockchain for stablecoin payments?

Tempo Blockchain for stablecoin payments ensures top security through advanced consensus mechanisms, optional privacy, and compliance tools like asset freezing, offering safe, reliable, and regulated transfers.

2. How does Tempo Blockchain compare to Ethereum?

Unlike Ethereum’s 15–30 TPS, Tempo handles 100,000+ TPS with sub-second finality, offering faster and cheaper stablecoin transfers while maintaining compatibility with Ethereum’s ecosystem.

3. Does Tempo Blockchain integrate with crypto wallets?

Yes. Tempo Blockchain is fully EVM-compatible, allowing seamless integration with any crypto wallet company for secure stablecoin storage, transfers, and enterprise-grade payment solutions.

4. Can Tempo Blockchain reduce cross-border payment costs?

Yes. With fast transaction speeds and stablecoin gas fees, Tempo drastically reduces costs compared to traditional banking systems, improving remittance and payroll efficiency.

5. What makes Tempo Blockchain unique among payment blockchains?

Its scalability, optional privacy, compliance tools, and partnerships set Tempo apart, positioning it as a payments-focused blockchain tailored for enterprise adoption.

 

How to Build a Crypto-Friendly Bank Like JP Morgan in 2025?

Posted on by Shipra

Build Crypto-Friendly Bank Like JP Morgan

Gone are the days when banks only dealt in cash and cheques. In today’s fast-moving financial world, even traditional giants like JP Morgan are stepping into crypto — not by becoming crypto exchanges, but by building crypto-friendly services into their banking model.

And here’s the thing: you don’t need to be a global giant to enter this space. Whether you’re a founder, a fintech company, or an infrastructure provider, now is the time to build a crypto-friendly bank that’s actually built for this decade.

In this guide, we’ll break down what makes these banks different, how to build your own in 2025, and why they’re more than just a trend; they’re the future of banking.

Why is There a Need for Crypto-Friendly Banks?

Despite the rapid advancement of blockchain and digital assets, most traditional banks remain cautious or entirely resistant to crypto. They continue to freeze transactions, block access to exchanges, and often treat blockchain-based finance as an operational risk rather than an opportunity.

Meanwhile, demand for regulated crypto banking is increasing across markets. Today’s users, whether individuals, businesses, or institutions, are looking for banking platforms that support both fiat and digital assets in one secure and compliant environment.

Crypto-friendly banks meet this demand by bridging traditional finance and blockchain. They enable users to manage crypto the same way they manage dollars or euros, within the safety of a licensed, professional banking framework. This growing need is why crypto banks are expanding rapidly in jurisdictions such as the USA, Switzerland, and Singapore.

If your goal is to build a crypto-friendly bank, your opportunity lies in addressing the gap that traditional banks have not yet closed.

What Makes a Bank Truly Crypto-Friendly?

What Makes a Bank Truly Crypto-Friendly

Creating a crypto-friendly bank requires more than just adding digital assets to a wallet. It involves building a regulated, trusted institution designed to operate in both traditional and blockchain-native environments. 

These are the key features that define a successful crypto bank in 2025:

1. Clear Compliance

A crypto bank cannot afford to treat compliance as an afterthought. Regulatory clarity is essential.

Whether you’re operating in the US, Europe, or any other region, you’ll likely need to secure licenses such as an EMI, trust charter, or VASP registration. A fully integrated compliance stack covering KYC, AML, and transaction monitoring should be part of the infrastructure from the very beginning. This is non-negotiable if you aim to operate as a legally recognized and regulated crypto bank.

2. Secure and Auditable Custody

Protecting user funds is the foundation of trust.

You’ll need secure custody infrastructure, including hot wallets for instant transactions and cold storage for long-term asset protection. Proven third-party solutions like Fireblocks or BitGo are often leveraged for this layer. Additionally, insurance coverage for digital assets is essential, particularly when serving high-net-worth clients or institutions.

3. Frictionless Fiat–Crypto Transfers

A key requirement for users is the ability to move between fiat and crypto assets seamlessly.

This means integrating reliable on-ramps and off-ramps, supporting major stablecoins, and ensuring access to local currency rails. Whether a user is converting ETH to USD or sending USDC to a supplier, your system should support fast, low-friction transactions.

4. Native Blockchain Integration

A modern crypto bank should do more than just store digital assets. It should use blockchain technology as part of its core functionality.

This includes programmable payments, tokenized deposits, smart contracts for lending, and secure real-world asset custody. Blockchain should not be an add-on feature but a core component of your banking architecture.

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How JP Morgan Is Building a Crypto-Friendly Bank?

JP Morgan provides a real-world example of what it looks like when a traditional financial institution embraces crypto strategically.

Through its Onyx platform, the bank has developed a live blockchain-based system for institutional payments. Onyx enables real-time, programmable money movement between large clients.

JP Morgan also launched JPM Coin, a private, permissioned stablecoin that facilitates daily settlements for billions in transactions. What makes their approach effective is their decision not to abandon traditional banking, but to enhance it by embedding blockchain into their existing systems and creating a compliant and secure hybrid model.

For institutions or startups looking to build a crypto bank, JP Morgan’s execution demonstrates that it is possible to modernize finance without undermining trust or compliance.

Key Steps to Build a Crypto-Friendly Bank Like JP Morgan in 2025

Building a crypto-friendly bank today requires more than just offering digital assets—it demands full integration of blockchain infrastructure, strong compliance, and customer trust. Here’s how to get started:

1. Define Your Business Model & Services

Decide whether you’ll act as a full-fledged digital bank, a neobank, or a traditional bank offering crypto services. Choose the mix of services: crypto wallets, trading, lending, DeFi access, or fiat-crypto conversion.

2. Integrate a Secure Crypto Infrastructure

Adopt enterprise-grade blockchain infrastructure, including:

  • Multi-chain support (e.g., Ethereum, Solana, Bitcoin)
  • Built-in wallet systems
  • Cold/hot wallet integrations (e.g., Fireblocks)
  • Smart contract automation for transactions and compliance

3. Ensure Regulatory Compliance

Stay aligned with local and global crypto regulations. Set up:

  • KYC/AML verification systems
  • Licenses (e.g., VASP, e-money)
  • Legal consultation for ongoing compliance updates

4. Partner with Technology Providers

Collaborate with fintech or blockchain development experts to build:

  • A seamless Web3-ready UI/UX
  • Secure APIs for real-time trading
  • AI-powered risk and fraud detection tools

5. Focus on Trust & User Experience

Offer high transparency, insured custody services, 24/7 customer support, and educational tools to build user confidence—just like JP Morgan does with Onyx and blockchain-backed settlement.

Real Use Cases of Crypto-Friendly Banks

Crypto-friendly banks are not theoretical. They serve real users with very real financial needs. Here are some of the most relevant use cases:

  • Personal Accounts That Support Both Fiat and Crypto

Users expect the convenience of managing all their assets, fiat and digital, in a single account. A crypto bank enables seamless payments, conversions, and transfers in both worlds.

  • Crypto Payment Solutions for Businesses

Web3 companies, DAOs, and digital-first startups need to pay employees, vendors, and contractors, often in stablecoins or native tokens. A crypto bank simplifies this with built-in compliance and reporting.

  • Institutional Custody and Asset Management

From NFTs to tokenized real estate, users are holding a wider variety of digital assets. A crypto bank must be able to securely custody all of these, backed by proper insurance and compliance.

  • Crypto-Backed Lending

Allowing users to borrow against crypto holdings without liquidating their assets is a high-demand service. Additionally, banks can offer stablecoin-based interest accounts and staking options under a regulated umbrella.

  • Treasury Management for Protocols and Funds

DAOs, investment funds and large crypto-native organizations require sophisticated tools to manage their hybrid treasuries. This includes fiat and crypto conversion, reporting, tax documentation and more.

Benefits of Starting a Crypto Bank in 2025

There is a convergence of opportunity and readiness in the current financial landscape.

Regulatory frameworks are becoming more defined. MiCA in the EU, SEC updates in the US, and more jurisdictions are now issuing digital asset licenses. This gives founders and institutions a much clearer path to launch a regulated crypto bank with confidence.

At the same time, demand is accelerating. Individuals want digital-first, crypto-native financial services. Businesses want compliant solutions they can trust. And institutions are looking for partners who understand both traditional finance and blockchain.

Meanwhile, the market remains relatively open. Most legacy banks have yet to adapt, and competition is still low compared to traditional fintech. If you enter now, you’ll not only be early, you’ll be ahead.

Types of Crypto Banks You Can Launch

Types of Crypto Banks You Can Launch

You don’t need to be a financial giant to build something valuable. Several practical models depend on your goals and market. Here’s a breakdown:

1. Full-Service Crypto Bank

Offers everything crypto and fiat accounts, trading, lending, on-ramps, and custody.

Best for:
Founders who want to build the full stack or partner with a blockchain development company to create a complete ecosystem.

Why it works:
You become the all-in-one platform for retail and business users who want it all under one login.

2. Business-Focused Digital Bank

Tailored for Web3 startups, DAOs, and crypto-native businesses. Helps them manage treasury, payroll, payments, and compliance.

Best for:
B2B fintechs, agencies, or consultants offering white label crypto solutions for startups.

Why it works:
Web3 companies often struggle to get even basic banking access. You’ll be solving a real, persistent pain point.

3. Custody-Only Crypto Bank

Focuses solely on storing and protecting digital assets Bitcoin, stablecoins, NFTs, tokenized real estate, etc.

Best for:
Teams with deep cybersecurity expertise or targeting institutional clients.

Why it works:
As more real-world assets go on-chain, demand for secure, compliant custody is rising fast.

4. Neo-Bank with Crypto Add-ons

Looks and feels like a regular fintech app but lets users hold, swap, and send crypto alongside fiat.

Best for:
Startups looking to serve mainstream users dipping their toes into crypto.

Why it works:
You lower the barrier to entry by offering familiar banking, with optional crypto on top.

Each model has its own licensing needs, tech stack, and user base, but all are solid paths. Choose one based on your vision, resources, and regulatory strategy. And if you’re not sure where to start, this is where blockchain consulting services can help you map the right path forward.

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Conclusion

Building a crypto-friendly bank in 2025 isn’t some distant idea; it’s a real, tangible opportunity. With regulations getting clearer, user demand climbing, and traditional banks still lagging, the space is wide open for innovation. Whether you’re launching a full-service platform, a custody-only solution, or a business-focused digital bank, success comes down to getting the fundamentals right: compliance, security, blockchain integration, and user-first features.

At SoluLab, we help visionaries bring crypto banking ideas to life. Whether you’re looking for white label crypto banking solutions, full-scale product development, or strategic blockchain consulting services, we’ve built it all. From licensing guidance to wallet infrastructure, we’re the technical team behind the next wave of crypto banks.

Ready to launch your own digital bank? Let’s build it together!

FAQs

1. What is a crypto-friendly bank?

It’s a bank that supports both fiat and cryptocurrencies for storage, transfers, and payments. It bridges traditional banking with blockchain technology.

2. How do I start a crypto-friendly bank in the USA?

You’ll need proper licensing, compliance systems, and a solid tech stack. Partnering with a blockchain development company can speed up the process.

3. What are the main features of a crypto bank?

Secure custody, fiat-crypto conversion, KYC/AML compliance, and blockchain integration. All built into a user-friendly banking platform.

4. Can I use white label crypto banking solutions to launch faster?

Yes, they offer ready-made infrastructure so you can go live quickly. Ideal if you want to skip custom development.

5. What are the benefits of starting a crypto bank in 2025?

Clearer regulations, rising demand, and low competition make it the right time. The market is wide open for new players.

 

Top Ethereum Blockchain Development Companies in the USA

Posted on by Shipra

With hundreds of companies claiming to be “the best,” it’s easy to get lost in the noise. Many promise the moon but fail to deliver scalable, secure, and efficient Ethereum solutions, wasting your time and budget.

Choosing the wrong development team can set your project back by months. Whether you’re building DeFi platforms, dApps, or smart contracts, you need a partner with proven expertise in Ethereum’s evolving ecosystem.

In this blog, we’ve handpicked the top Ethereum blockchain development companies in the USA based on experience, client reviews, technical skills, and pricing. Whether you’re a startup, enterprise, or investor, this list will help you find the right partner to bring your blockchain technology vision to life faster, safer, and smarter. Let’s dive in!

What to Look for in an Ethereum Blockchain Development Company

The U.S. blockchain market reached approximately USD 8.7 billion in 2024, expected to grow to USD  619 billion by 2034 (CAGR ~53%).

The following list is a brief checklist to follow so that you do not make a blunder in picking the correct Ethereum blockchain development company, particularly when your project (assuming it is a long-term project) requires innovation and stability:

  • Technical expertise

Find firms that are well familiar with the architecture, programming, and Layer 2 in Ethereum. They must be able to scale and run efficient blockchain applications using their technical stack to support your business.

  • Smart contract and dApp experience

A team will understand how to construct, audit, and launch secure smart contracts. The development of real-world decentralized applications (dApps) support is invaluable when it comes to providing viable and user-friendly solutions.

  • Security practices

Make sure that the company is security-focused by conducting regular audits, threat modeling, and secure coding. They are expected to adhere to the industry best practices to avoid being weak to risks like reentrancy and flash loan attacks.

  • Case studies and client reviews

Read client testimonials, ratings, and case studies to determine reliability. Real-life experiences of projects attended in the past are bound to give you an insight as to their process, success percentage, and knowledge base.

Top 10 Ethereum Blockchain Development Companies in the USA

Blockchain is gaining acceptance and the appeal process, as indicated by the rise of fintech businesses attempting to make blockchain purchasing and trading more accessible to the general public, as well as blockchain investigation and compliance tools. Here are top 10 Ethereum development companies in the USA:

solulab

1. SoluLab

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SoluLab is a leading Ethereum blockchain development company based in the USA, known for delivering robust and scalable decentralized solutions. They specialize in smart contract development, dApp creation, tokenization, and blockchain consulting. With a client-centric approach, SoluLab offers end-to-end services tailored to startups and enterprises alike.

Their team blends technical expertise with industry experience to build secure, cost-effective blockchain applications. Notable features include agile development, transparent communication, and a strong focus on product scalability. Ideal for businesses seeking reliable and innovative Ethereum-based solutions.


$35 – $55/ hr


200 – 249


2014


Los Angeles, California

Tech Alchemy

2. Tech Alchemy

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Tech Alchemy is a leading Ethereum blockchain development company based in the USA, known for building scalable, secure, and user-friendly decentralized solutions. They specialize in developing dApps, DeFi platforms, NFT marketplaces, and custom smart contracts. With a strong focus on UI/UX and product strategy, they help startups and enterprises turn ideas into real-world blockchain products.

Their services also include blockchain consulting, token development, and end-to-end product design. Tech Alchemy stands out for its transparent development process, fast go-to-market timelines, and experience across fintech, gaming, and supply chain industries.


$25 – $49/ hr


50 – 249


2014


London, England

ConsenSys

3. ConsenSys

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ConsenSys is a leading Ethereum blockchain development company based in the USA, known for shaping the future of Web3 technologies. They offer a wide range of services, including blockchain consulting, smart contract development, DeFi solutions, and enterprise-grade dApp development. As the creators of MetaMask and Infura, they provide tools that power millions of users and developers worldwide.

ConsenSys is ideal for businesses seeking scalable, secure, and developer-friendly Ethereum-based solutions. With a strong focus on decentralization, security, and interoperability, they continue to lead innovation in the Ethereum ecosystem.


$191/ hr


900 – 1200


2014


Fort Worth, Texas

Suffescom Solutions

4. Suffescom Solutions

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Suffescom Solutions Inc. is a leading Ethereum blockchain development company based in the USA, known for delivering robust and scalable blockchain solutions. They specialize in building smart contracts, dApps, DeFi platforms, NFT marketplaces, and token development.

With over 13 years of industry experience, they combine technology with user-friendly design to offer end-to-end blockchain services. Suffescom is praised for its transparent communication, agile methodology, and strong focus on security. Ideal for startups and enterprises alike, they help businesses change ideas into decentralized, future-ready solutions.


$25-$49/ hr


500+


2013


Los Angeles, California

Unicsoft

5. Unicsoft

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Unicsoft is a trusted Ethereum blockchain development company based in the USA, known for delivering high-quality custom blockchain solutions. They specialize in building secure smart contracts, decentralized applications (dApps), and tokenization platforms. With a strong focus on Ethereum, Unicsoft helps businesses operate, enhance transparency, and create scalable blockchain ecosystems.

Their services also include DeFi development, NFT platforms, and enterprise blockchain integration. Clients appreciate their agile approach, technical depth, and clear communication, making them ideal for startups and enterprises looking for reliable blockchain expertise.


$50-$99/ hr


50-250


2005


Soquel, California

ChromaWay

6. ChromaWay

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ChromaWay is a leading blockchain development company based in the USA, known for its innovative work in relational blockchain technology. They specialize in building decentralized applications, smart contracts, and enterprise-grade blockchain solutions. Their flagship product, Postchain, combines the power of SQL databases with blockchain’s immutability, making it ideal for complex, data-driven use cases.

ChromaWay provides services across sectors like real estate, finance, and government. With a focus on security, scalability, and transparency, they’re a top choice for businesses looking to leverage Ethereum and hybrid blockchain infrastructures.


$25-$49/ hr


200


2014


Stockholm, Connecticut

PixelPlex

7. PixelPlex

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PixelPlex is a leading Ethereum blockchain development company based in the USA, known for delivering custom blockchain solutions across industries. They specialize in Ethereum-based smart contracts, dApp development, DeFi platforms, and NFT marketplaces. With over a decade of experience, PixelPlex combines deep technical expertise with a client-first approach.

Their services include end-to-end blockchain consulting, audit services, and full-stack development. Key features include cross-platform compatibility, robust security protocols, and scalable architecture. Ideal for enterprises and startups looking to build reliable and future-ready Ethereum solutions.


$75/ hr


100 – 249


2007


NY, USA

Quytech

8. Quytech

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Quytech is a leading Ethereum blockchain development company based in the USA, known for delivering innovative and secure blockchain solutions. They specialize in building smart contracts, decentralized applications (dApps), and custom Ethereum-based platforms for various industries, including finance, supply chain, and healthcare.

Quytech offers end-to-end blockchain services—from ideation and consulting to deployment and maintenance. Their key strengths include a skilled development team, a client-centric approach, and a strong focus on security and scalability. With a track record of successful projects, Quytech is ideal for businesses seeking reliable and future-ready Ethereum solutions.


$25 – $49/ hr


50 – 250


2010


CA & New York

Aalpha

9. Aalpha

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Aalpha Information Systems is an Ethereum blockchain development company based in the USA, known for delivering scalable and secure blockchain solutions. They specialize in smart contract development, dApp creation, and Ethereum-based enterprise applications.

Aalpha offers end-to-end blockchain consulting, development, and deployment services tailored to various industries like finance, healthcare, and supply chain. Their team is skilled in Solidity, Web3.js, and other Ethereum tools, ensuring future-ready solutions. Known for timely delivery and cost-effectiveness.


$12-$25/ hr


50-250


2008


Wilmington, DE

Dev Technosys

10. Dev Technosys

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Dev Technosys is a leading Ethereum blockchain development company based in the USA, known for delivering robust, scalable, and secure decentralized solutions. They specialize in smart contract development, dApp creation, Ethereum token development, and blockchain consulting.

With a strong team of blockchain developers, Dev Technosys offers solutions for industries like finance, healthcare, supply chain, and gaming. They offer agile development, transparent communication, and end-to-end project support.


$20-$70/ hr


100-250


2010


San Francisco

Blockhin Development Company in USA

Conclusion

Choosing the right Ethereum blockchain development company is crucial for businesses looking to build secure, scalable, and future-ready applications. The companies listed in this blog offer deep expertise in Ethereum and provide a range of custom blockchain solutions tailored to meet diverse industry needs. 

From smart contract development to full-scale dApp deployment, these firms combine innovation with technical excellence. Whether you’re a startup exploring Web3 or an enterprise streamlining operations through decentralization, partnering with the right development team can accelerate your blockchain journey. Explore your options, check portfolios, and choose a partner that aligns with your goals and growth vision.

SoluLab, a blockchain development company can help you build secure, cost effective blockchain applications. Contact us today to discuss further. 

FAQs

1. What is the average hourly rate for Ethereum developers in the USA?

Hourly rates typically range from $20 to $150, depending on the company’s size, expertise, project complexity, and whether the team is in-house or outsourced.

2. Can Ethereum development companies also build NFT platforms?

Yes, most Ethereum development firms offer NFT development services, including token creation (ERC-721/ERC-1155), NFT marketplaces, and wallet integration.

3. How long does it take to build an Ethereum-based application?

It depends on project scope but typically ranges from 2 to 6 months, including planning, development, testing, and deployment phases.

4. Can I upgrade my existing system using Ethereum?

Yes, Ethereum can be integrated with existing systems via APIs or used to rebuild parts of your infrastructure with decentralized features.

5. What makes US-based Ethereum firms reliable?

US blockchain consulting companies often follow strict regulatory standards, offer strong legal protection, transparent communication, and provide access to high-quality development talent.