Annu

1. | |JULY 2014
11CIOReview| |JULY 2014
10CIOReview
Recognizes
Colan Infotech
In Annual Roll of Honor
As One of The
towards excellence and innovation in this field.
Sudhakar Singh
Editor
CIOReviewIndia
In commendation for their unbridled stride
CIOREVIEWINDIA.COMT h e N a v i g a t o r f o r E n t e r p r i s e S o l u t i o n s
Company:
Colan Infotech
Description:
Offers industry specific
Blockchain solutions
with Decentralized
Application (DAPP) and
Shared & Distributed
Ledger developments.
Key Person:
Fairoz Baqth,
CEO
Website:
colaninfotech.com
T
he technology of
Blockchain has
come a long way
in the past decade
from just being a concept
limited to crypto-currencies
to its current status of main-
stream technology that is
proving to be a game-chang-
ing business tool across
many industry verticals.
Though banking and finance
are seen as the forerunner in
leveraging Blockchain, to-
day every industry is explor-
ing opportunities to harness
the potential of Blockchain.
These days, Blockchain is
playing a crucial role as an
invisible force supporting
the online activities and dig-
ital financial transactions
by creating a secure digital
space. Blockchain technolo-
gy is believed to completely
transform the way business-
es are being conducted right
from financial operations to
managing the assets. How-
ever, considering the scope
of Blockchain with appli-
cations across different in-
dustries right from retail,
10 Most Promising Blockchain Solution
Providers - 2020
BLOCKCHAIN FEBRUARY, 2020
insurance, supply chain
to manufacturing and
healthcare,along with the
availability of large num-
ber of technology players
in the market it is crucial
for businesses to make
a wise choice in terms of
reliable technology part-
ner to fully leverage the
Blockchain technology and
achieve success.
Enabling enterprises
to choose the right vendor
to work with, CIOReview-
India proffers a list of “10
Most Promising Blockchain
Solution Providers”. This
compact list displays an in-
ventory of skilled vendors
with an industry rich expe-
rience, technically adept
teams and a proven track
record. A panel consisting
of prominent CEOs, CIOs,
Industry Analysts and CI-
OReviewIndia editorial
team has meticulously re-
searched and locked down
on the final 10 vendors who
we firmly believe can as-
sist businesses to achieve
their business goals.
| |February 2020
20
Colan Infotech: A Blockchain Realm Entity using Hedera
Hashgraph, Producing Striking Results
T
oday, blockchain technology, owing to its
capabilities of eliminating intermediaries
and enabling immutable transactions, is
being adopted by businesses across many
industry verticals.
According to a research report by Mordor In-
telligence, the Blockchain market is expected to
reach USD 982.80 billion by 2025, growing at a
CAGR of 15.2 per cent between 2020 and 2025.
However, along with huge benefits in terms of transparency,
efficiency and security, blockchain also comes with a number
of challenges and limitations such as high energy consumption
and application interoperability, which are acting as impedi-
ments for businesses during technology deployment. As a re-
sult, enterprises are looking for an expert firm who can help
them harness the potential of blockchain to enhance their busi-
ness growth while overcoming these challenges.
PersonalizedServiceswithBusinessSpecificSolutions
Clearly understanding the concerns of businesses is where
Colan Infotech comes into the picture. They do this by-
directly addressing Blockchain related Use Case conception,
design and development challenges which will result in quan-
tifiable business process improvements and an increase in
overall productivity.
The company provides a whole host of industry specific
Blockchain solutions to businesses across different industry ver-
ticals such as Real estate, Manufacturing, Supply Chain Man-
agement, Banking & Finance, Insurance, and Healthcare.
“As an early entrant into the Blockchain domain, we have a
deep and fair understanding of the opportunities, limitations
and complexities of Blockchain. We have a dedicated Block-
chain team who explore all possibilities and provide clients with
Use Case insights as well as how to design and develop Dapp
(Decentralised Application) solutions to support them," says
Fairoz Baqth, CEO of Colan Infotech. "We provide best-in-
class Blockchain solutions using our own technology platforms.
Hedera Hashgraph, a third-generation public ledger and proof-
of-stake public network is powered by hashgraph-consensus
which achieves the highest-grade of security possible
(aBFT), with blazing-fast transaction speeds and in-
credibly low energy and data bandwidth consump-
tion. Converging Blockchain solutions with AI/ML,
UI/UX, Chatbots, Textrobots has madeus a pre-
ferred partner for our customers," he adds.
Distributed Ledger Technologies (DLT) using Hedera
Hashgraph
Hedera Hashgraph is ideally suited to support a vast array of
applications and has become the world’s first mass-adopted
public distributed ledger since it overcomes obstacles such as:
Performance, Security, Governance, Stability and Regulatory
Compliance. It enables one to write transactions at native speed
for a scalable, cost effective solution to manage exchange orders,
audit logs, supply chain tracking, and endless possibilities. The
company has tied up with Guard Global (a partner of Hedera
Hashgraph) to develop viable data driven energy management
applications and a peer-to-peer energy trading platform. Mar-
kets include Electric Vehicle Charging Networks as well as In-
tegrated Microgrids for residential and commercial customers.
FacilitatingBlockchain-basedDecentralization
As blockchain continues to find traction across different ver-
ticals, almost every digitally aware business is entering into
the world of decentralization. Colan Infotech is perfectly po-
sitioned to help these businesses by offering full-scale support
in deploying decentralized infrastructures. The company offers
blockchain development services in the areas of Smart Con-
tract development, Decentralized App (Dapp) development,
Hyperledger and Multi-chain development, Private Blockchain
development, Supply Chain development, Crypto-currency
development, ICO development, Security Token Offerings,
Ambrosus (Blockchain powered IoT network), etc. “Superlative
technical capabilities of our certified decentralized blockchain
app creators, robust security and quick response are our unique
selling points. Not just the things we do, but the way we do
them helps us differentiate ourselves from other solution pro-
viders in the market,” highlights Fairoz.
By leveraging their vast experience in implementing vari-
ous blockchain projects across various industries, Colan Info-
tech is working on Cyber Security Management and Electric
Car Operating System projects. Moving ahead, Colan In-
fotech is collaborating with Guard Global Ltd, a UK based
firm to work on several projects including Innovate UK, Eto-
pia Corby Homes, as well as UK National Grid energy man-
agement projects by Power Transition Ltd and The Carbon
Free Group.
Hedera Hashgraph is ideally suited to
support a vast array of applications and has
become the world's first mass adopted public
distributed ledger since it satisfies obstacles
such as Performance, Security, Governance,
Stability and Regulatory Compliance
10 MOST PROMISING
SOLUTION PROVIDERS- 2020
Fairoz Baqth,
CEO