Role of blockchain technology in improvising crypto trade exchanges Being the best blockchain service provider in India, ITSPectrum is among the top companies offering tailor-made blockchain services that can be implemented in various industries, especially for the cryptocurrency exchanges. There is no doubt that this technology will revolutionize the financial business processes and is the future of our economy. However, the interesting part is that this technology is transforming various industries and domains in several different ways and has the capability of providing an automated business process in terms of smooth business transactions and financial record keeping. Blockchain technology in theory This technology is a quite simple technology and works on the basis of a distributed peer-to-peer ledger system that helps in eliminating the need for centralized management systems or any financial bodies such as banks. It works on a series of blocks of information chained together forming a network where information regarding the transactions is stored with a detailed history. The transactions that are happening on the network are stored safely into the blocks that are linked together, and each of the blocks contains a hash and time-stamped transaction entries. This technology is an immutable ledger system developed by a top blockchain company in India facilitating the process of recording transactions and tracking the digital assets. Being a decentralized network application, the use of blockchain technology eliminates the interference of any governing body or any financial institution. Moreover, in the virtual world, the application of blockchain technology is the latest one to be applied and can be trusted for managing and protecting your digital assets. Some of the core applications of blockchain technology are – • Crypto trade application Being totally based on a distributed ledger system, this advanced form of technology is best applicable for trading cryptocurrencies trading. Moreover, it can be effectively integrated into the financial ecosystems as well. In terms of security, the application of blockchain technology in cryptocurrency trading exchanges increases the level of security and simplifies the trade process, and helps in speeding up the bidding process, thus reducing the transactional costs involved. • Asset management Blockchain technology makes it easier to manage your digital assets, security, and flexibility of the transactional data that are indispensable. According to ITSpectrum, it is suggested that this technology helps in managing assets by being an encrypted technology working on a blockchain ledger system that reduces any error by encrypting the data. Additionally, it can also help in achieving transparency for asset data management by enforcing security, enabling open collaboration, and reducing risks all at once. • Personal identity management With the application of blockchain technology, it can help individuals from the security breaches and theft of personal information. In the modern world scenario, we carry a lot of identification information like computer passwords, identity cards, smart keys, social security ID, etc. The blockchain technology is best suited to protect personal information as it can create encrypted digital identities in a more streamlined manner. In the category of the best blockchain service provider in India, ITSPectrum holds a host of different services particularly based on blockchain technology. Being a blockchain service provider the services are available to cater to different industry needs. Some of the services in the portfolio are – • Cryptocurrency exchange development The Cryptocurrency exchange development service is totally backed by blockchain technology which plays an important role in enabling the crypto traders to buy or sell cryptocurrencies instantly and is a hassle-free process. • Token development ITSpectrum specializes in the ERC20 token development process and the tokens are developed as per client needs and industry standard. The tokens are developed from scratch using Ethereum-based open-source code. The new tokens developed can be easily accommodated into your digital wallet helping you trade across different exchanges. • Altcoin development New Altcoins can be developed as per your project needs in order to be able to connect seamlessly in the blockchain networks. You can even develop custom Altcoins as per your requirements which is done using the robust blockchain technology. • Crypto arbitrage bots The crypto trade bots are designed to trade in an automated manner on your behalf which can be programmed to analyze different markets online and select the right one as per your requirements. The crypto bots let you trade with complete peace of mind as it can buy or sell cryptocurrencies independently. ITSpectrum is a blockchain service provider offering the best in class blockchain-based services developed for you to be applied in different domains, especially the crypto industry. The application of this technology and can help you in improving your business, conduct fair trade, and provide more support to the financial system. The blockchain technology is applied only by following the ethical standards, as it is best recommended.

Being the best blockchain service provider in India, ITSPectrum is among the top companies offering tailor-made blockchain services that can be implemented in various industries, especially for the cryptocurrency exchanges. There is no doubt that this technology will revolutionize the financial business processes and is the future of our economy. However, the interesting part is that this technology is transforming various industries and domains in several different ways and has the capability of providing an automated business process in terms of smooth business transactions and financial record keeping.

Blockchain technology in theory

This technology is a quite simple technology and works on the basis of a distributed peer-to-peer ledger system that helps in eliminating the need for centralized management systems or any financial bodies such as banks. It works on a series of blocks of information chained together forming a network where information regarding the transactions is stored with a detailed history. The transactions that are happening on the network are stored safely into the blocks that are linked together, and each of the blocks contains a hash and time-stamped transaction entries.

This technology is an immutable ledger system developed by a top blockchain company in India facilitating the process of recording transactions and tracking the digital assets. Being a decentralized

network application, the use of blockchain technology eliminates the interference of any governing body or any financial institution. Moreover, in the virtual world, the application of blockchain technology is the latest one to be applied and can be trusted for managing and protecting your digital assets. Some of the core applications of blockchain technology are –

• Crypto trade application

Being totally based on a distributed ledger system, this advanced form of technology is best applicable for trading cryptocurrencies trading. Moreover, it can be effectively integrated into the financial ecosystems as well. In terms of security, the application of blockchain technology in cryptocurrency trading exchanges increases the level of security and simplifies the trade process, and helps in speeding up the bidding process, thus reducing the transactional costs involved.

• Asset management

Blockchain technology makes it easier to manage your digital assets, security, and flexibility of the transactional data that are indispensable. According to ITSpectrum, it is suggested that this technology helps in managing assets by being an encrypted technology working on a blockchain ledger system that reduces any error by encrypting the data. Additionally, it can also help in achieving

transparency for asset data management by enforcing security, enabling open collaboration, and reducing risks all at once.

• Personal identity management

With the application of blockchain technology, it can help individuals from the security breaches and theft of personal information. In the modern world scenario, we carry a lot of identification information like computer passwords, identity cards, smart keys, social security ID, etc. The blockchain technology is best suited to protect personal information as it can create encrypted digital identities in a more streamlined manner.

In the category of the best blockchain service provider in India, ITSpectrum holds a host of different services particularly based on blockchain technology. Being a blockchain service provider the services are available to cater to different industry needs. Some of the services in the portfolio are –

• Cryptocurrency exchange development

The Cryptocurrency exchange development service is totally backed by blockchain technology which plays an important role in enabling the crypto traders to buy or sell cryptocurrencies instantly and is a hassle-free process.

• Token development

ITSpectrum specializes in the ERC20 token development process and the tokens are developed as per client needs and industry standard. The tokens are developed from scratch using Ethereum-based open-source code. The new tokens developed can be easily accommodated into your digital wallet helping you trade across different exchanges.

• Altcoin development

New Altcoins can be developed as per your project needs in order to be able to connect seamlessly in the blockchain networks. You can even develop custom Altcoins as per your requirements which is done using the robust blockchain technology.

• Crypto arbitrage bots

The crypto trade bots are designed to trade in an automated manner on your behalf which can be programmed to analyze different markets online and select the right one as per your requirements. The crypto bots let you trade with complete peace of mind as it can buy or sell cryptocurrencies independently.

ITSpectrum is a blockchain service provider offering the best in class blockchain-based services eveloped for you to be applied in different domains, especially the crypto industry. The application of this technology and can help you in improving your business, conduct fair trade, and provide more support to the financial system. The blockchain technology is applied only by following the ethical standards, as it is best recommended.