Blockchain PoC Development
Hire a team that has delivered 21+ blockchain proof of concepts in BFSI, Supply Chain, Aviation, Government, Education and Retail globally.
Proof of Concepts are best suited when you are:
1
A startup with limited budget, looking to showcase a PoC of your decentralization idea to investors or early users.
2
An enterprise trying to guage applicability of blockchain technology to improve business process efficiencies.
3
A government organization looking to test blockchain for public service delivery.
Are you any of those? We would be delighted to hear from you! Reach out to us today 🙂
As seen in
Blockchain PoC Development
for Ethereum, Hyperledger, EOS and other platforms
A blockchain proof of concept is a straw-man design for gauging the applicability of blockchain technology on an idea. Startups, Enterprises & Governments adopt this strategy to save on time & money for proving the idea they have. Before investing in a PoC, try and seek answers for the following questions.
- Are you sure about the technical & economical feasbility of your decentralization idea?
- Have you decided the blockchain platform (Ethereum, Hyperledger, EOS, Corda or others) for your idea, or not sure?
- Do you have clarity on choosing a public blockchain v/s a permissioned blockchain with enough research?
- Have you thought about node orchestration?
- Does your idea involve multiple non-trusted parties?
- How many transactions per second do you envision for your project?
Just some questions that should be answered prior to PoC development. Our team has answered them for 21+ projects since 2017. Reach out to us today for a free 30-min consultation!
Why engage us for Blockchain PoC Development?
Two Time Blockchain Hackathon Winners
Winners of London Blockchain Week Hackathon 2017, followed by the Grand Blockchain Challenge, India in 2018
Delivered 21+ blockchain PoCs
In BFSI, Decentralized Finance (DeFi), Supply Chain, Aviation & Government since 2017
In-house blockchain team
Experienced in-house team of blockchain solution architects, native blockchain developers & functional consultants
12+ years of experience in software projects
Unmatched delivery experience for global software projects in governments, enterprise & startups since 2006.
Active open source contributions
Inherent love for open-source and collaboration. See our GitHub profile at github.com/somish
Multiple Blockchain Platform Experience
Specialized in Ethereum, Hyperledger (Fabric, Composer, Indy, Sawtooth), EOS, Corda, TRON.
3 Steps for developing a blockchain PoC @ Somish
1. Identifying the right use-case
Workshop style brain storming to fine tune the idea. The aim is to identify a business case for using blockchain technology, which primarily revolves around immutability, trust issues, transparency, peer to peer transactions.
We also leverage our past blockchain experience in BFSI, DeFi, Governments, O&G, Automobile, Education, Supply Chains to come up with ROI driven ideas on the use-case
2. Designing Blockchain Architecture
Next step is to start designing the technical architecture which includes answers to critical components like:
- Choice of implementation – public blockchain, private blockchain or permissioned
- Choice of blockchain platform – Ethereum, Hyperledger Fabric, Sawtooth, Indy, EOS, TRON or others.
- Node Orchestration Strategy – whether to use existing test-networks or churn up a custom node network for the POC
- Data Modelling Strategy – how to model data in coordination with existing data systems of the customer
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3. Development & Execution
Post the design phase, our development team starts the laborious process of blockchain
programming depending upon the scope of the POC / MVP. This also includes deciding upon
the technology stack of off-chain components – choosing between MEAN stack, MERN stack or others.
Too lazy to read?
Watch our CEO, Ish Goel summarizing Blockchain POC development in this video
Don’t take just our word for it
“GovBlocks affords us a modular approach to governance that can be easily changed if necessary. We can tweak voting weights, rewards, quorum levels, virtually all components of the governance process…
GovBlocks actually enables us to deliver on our goal of building a living breathing organism that can be fully controlled by its members”
Hugh KarpFounder, Nexus Mutual 
“We hired Somish Blockchain Labs for conducting smart contract security audit for our Asure Network Crowdsale that is introducing a method of fundraising for our blockchain project. The auditors at Somish helped us with a security audit that identified various issues which have greatly helped us in improving our contracts. We would highly recommend the Somish team for their audit quality and speed of delivery.”
Paul MizelFounder & CEO Asure Network 
“I have been following the progress of Somish since they won the London Blockchain Week Hackathon in 2017. I had the pleasure of visiting their offices in Delhi and met their impressive development team. This is a company to watch!”
Dr. Jane ThomasonUN Top 10 Women in tech
CEP Abt Associates 
“They (Somish) are trying to drive a real change in the way we do governance… (Somish) is an example of a startup trying to disrupt governance model using blockchain…. governance is going to be an absolute critical element of successful blockchain implementations…”
David FurlongerVP & Gartner Fellow 
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FAQs on Blockchain POC development
1. What is your average timeline for designing a Blockchain POC
It takes around 2-4 weeks for designing a blockchain POC. The fastest we’ve done is within 1 week for the Aviation Industry.
2. What is your average timeline of developing a Blockchain MVP
Timelines for MVPs depend on the scope of development work. On the stats, it has taken us 8-12 weeks to develop an MVP with most basic feature sets and low focus on the UI/UX.
3. Can you develop a POC on Ethereum and then shift to other platforms if required later?
Yes shifting to other platforms is feasible when the platforms understand Ethereum’s solidity language. For example platforms like TRON, RSK, Quorum are a fork of Ethereum Virtual Machine. Similarly newer inter-operable blockchains like Hyperledger Sawtooth can understand Solidity and hence shifting is feasible.
4. Will a blockchain POC have smart contracts?
Yes, it depends on the decision of scope of work. Many customers just opt-in for “solutioning documents” which explain the POC on paper by providing research thesis, algorithms and technical explanation. However, the scope can be further extended to writing smart contracts as well.
5. What are the success parameters / ROI parameters of a blockchain POC?
Each blockchain use-case can have a different success and ROI parameter. For example, in some industries achieving scale of transactions per second is a success parameter, while for the other industry achieving immutability and auditability is a more important ROI parameter.