Tailored solutions for your unique business needs.

Expert guidance to optimize your software strategies.

Extend your team with top-notch external resources.

Transforming ideas into market-ready software products.

Scalable and flexible cloud-based software solutions.

Building cutting-edge Software-as-a-Service applications.

Providing end-to-end solutions for your digital needs.

Web apps that offer seamless experiences across devices.

Innovative web solutions for enterprises.

Tailored web apps for your needs.

Engaging websites for consumer success.

Empowering businesses with effective websites.

Expert AI consulting for innovative solutions.

Customized machine learning solutions for your projects.

Strategic machine learning consulting for business growth.

Actionable insights through expert data analytics.

Crafting exceptional apps for iOS.

Innovative apps for Android platform.

One codebase, multiple platform reach.

Efficient apps with hybrid technology.

Optimized apps for native performance.

Ensuring app performance and longevity.

Transforming Ideas into Powerful Mobile Experiences

At Hashlogics, we specialize in mobile app development, creating intuitive, engaging, and high-performance mobile applications for iOS and Android platforms. Our dedicated team of mobile app developers, designers, and testers work closely with you to turn your vision into a reality. Whether you need a native app, cross-platform app, or a hybrid app,

Creating dynamic web apps with Bubble.io

Creating elegant websites with Webflow

Creating collaborative apps with Airtable

Creating hybrid apps with Flutterflow

Retool is the fastest way to build internal software

Visualizing ideas through interactive design frameworks.

Revitalizing websites with modern design approaches.

Elevating mobile apps with enhanced design.

Optimizing experiences across devices with responsiveness.

Crafting intuitive experiences for mobile users.

Crafting intuitive experiences for mobile users.

Crafting Engaging and User-Centric Digital Experiences

At Hashlogics, we specialize in UI/UX development, creating visually stunning and user-friendly digital experiences that captivate and engage your target audience.

Driving sales growth with powerful CRM.

Streamlining operations with Microsoft Dynamics CRM.

Empowering businesses with comprehensive CRM solutions.

Efficient customer management with Zoho CRM.

Streamlining Your Customer Relationships for Business Success

At Hashlogics, we offer comprehensive CRM (Customer Relationship Management) services to empower businesses with efficient and effective customer management solutions. Our CRM services are designed to help you better understand, engage, and nurture your customer relationships, resulting in improved customer satisfaction, increased sales, and enhanced business performance. Whether you need CRM software customization, implementation, or ongoing support, we have the expertise to meet your specific CRM needs.

Expert PHP developers for robust solutions.

Skilled Python developers for versatile applications.

Experienced Java developers for scalable solutions.

Node.js experts for high-performance applications.

.NET specialists for reliable software development.

Ruby on Rails experts for efficient web development.

Proficient React Native developers for cross-platform apps.

MERN stack experts for full-stack development.

Skilled Android developers for mobile apps.

Building Your Dream Team

At Hashlogics, we understand the importance of having a skilled and dedicated development team to bring your projects to life.

Healthcare through innovative technology solutions.

Enabling learning with advanced digital solutions.

Driving efficiency in energy and utilities.

Empowering real estate with digital innovations.

Creating immersive experiences through innovative media.

Serving rich experiences, one plate at a time.

Creating unforgettable moments, wherever your journey takes you.

Raising talent, fostering growth, shaping successful futures.

Guiding you through the complexities of law with expertise and ethics.

Empowering financial dreams with secure and contemporary banking solutions.

Transforming learning for a brighter tomorrow.

Connecting the world, spanning distances with seamless communication.

Our industry service solutions are designed to empower businesses, organizations

At Hashlogics, we offer industry-specific services tailored to meet the unique needs and challenges of various sectors. Our industry service solutions are designed to empower businesses, organizations, and individuals within specific industries to leverage technology and digital innovation to drive growth, streamline operations, and deliver exceptional experiences.

Hashlogics offers comprehensive QA outsourcing services, taking charge of the entire quality assurance process

Hashlogics' QA consultants drive QA process excellence and efficiency.

Hashlogics excels in website performance testing, encompassing critical aspects like capacity planning

Our Usability Testing Services guarantee the reliability, and steadfast stability of your product.

We offers test IO's usability testing service, providing invaluable insights into your software's user perspective.

Hashlogics' Test Automation Services empower your business with precision and efficiency.

Hashlogics Is A Recognized Software Testing Services Company

Our Functional Testing services meticulously validate that every aspect of your software application aligns seamlessly with its behavioral requirement specifications. This rigorous verification ensures not only behavioral adherence but also elevates overall software quality.

Why Solana Blockchain Software Development Solution is the Best for Building the Defi Platform?

June 1, 2022


Why Solana Blockchain Software Development Solution is the Best for Building the Defi Platform?

Ethereum killer, Bitcoin rival, and industry disruptor are the three terms widely associated with the frequently used term Solana blockchain development. Solana blockchain software development solution made headlines in 2020 with a sudden rise in the form of media outlines due to its unique features. Meanwhile, Ethereum is also experiencing a boom, but with the presence of Solana, this boom is affected. The reason for this effect is the advanced features of Solana that beat the challenges of Ethereum.

Solana blockchain software development solutions make its space in the tech world as a remedial measure for disrupting the major pain points of well-known blockchains such as Bitcoin and Ethereum. Solana is a crypto computing platform that offers fast and secure transactions using the SOL cryptocurrency as its native currency. Anatoly Yakovenko introduced the PoS algorithm known as proof of history for a secure and reliable record of data to perform transactions at low transaction fees, with high speed. Solana promised to sermon the loopholes in the existing protocols, such as low transaction speed, high fees, and scalability issues, through a new Proof of History (PoH) consensus algorithm developed by Anatoly Yakovenko. It also keeps an eye on the user’s interest and asks if they want any further upgrades in the future.

The rapid climb of the SOL token into the top 10 crypto market cap ranking is another achievement. Solana was ranked 42nd in February 2021, and it is ranked 4th in November 2021.

How Solana Is Better for Defi Platform?

A Solana blockchain development service has proved its potential in a short period. Hence, it has made its stance in the favor of Defi app solutions. With the advanced consensus model of Solana, its performance will enhance with due process. Here, we will discuss the reasons why you should move to Solana for the development of Defi platforms.

● Scalability

With the advanced features of PoS and BTF, the Solana software development solution grants scalability. Solana’s network claims to be capable of processing 65,000 tps, which has become only possible by PoH, Tower BFT, and Turbine. Although some Ethereum Layer 2 chains support such speed, they cannot do so at the scale that Solana can, in addition to the weight of being a Layer 1 Protocol. Here, Defi solutions require scalability on preference, which is better addressed by Solana.

● Transaction cost

To perform transactions, you have to pay the transaction costs. Each transaction causes a gas fee in performing a transaction. The cost of transactions on Ethereum is relatively higher as compared to Solana. The price depends on network congestion and ranges between $20 and $70 per transaction on Ethereum, while the Solana only charges less than 1 dollar. High cost means high quality, but Solana ensures quality at a lower transaction cost. However, it is evident that the transaction cost for building Defi projects on Solana is quite alluring. Thus, Solana has the biggest opportunity to rise to the top.

● Consensus model

Ethereum’s Proof-of-Work (PoW) consensus model causes a lot of energy. However, Solana works on the consensus model of PoS and PoH, which ensures fast and cost-effective transaction processes. There are some issues with the Ethereum Proof-of-Work (PoW) mechanism. Further, it consumes a lot of power and energy, resultantly causing high gas fees. Thus, Solana brings the solution to this problem with the consensus model, which is 99.95% more energy efficient. Though it is a fact that PoW is still a popular consensus model, and have some projects in moving to begin the transition from PoW to PoS because of its advanced features.

● Smart contracts

Ethereum has earned the title of first smart contract platform. Its popularity can analyze through the development of the trends associated with dApps with the particular blockchain. To write smart contracts in the Ethereum, a solid programming language is widely used. Similarly, smart contracts based on Solana are mostly written in Rust called programs. They are stateless and represent just program logic. Solana is designed with parallel run-time, which allows smart contacts to execute simultaneously. As a result, thousands of smart contracts can run. Meanwhile, Ethereum’s EVM runtime is single-threaded, which means that smart contracts are queued, and one smart contract changes the state of the blockchain at a time.

Summing Up

To sum up, having their own competitive advantages, both Solana and Ethereum blockchain have some plus points for Defi Projects Development. Therefore, after a detailed review of the Solana Software development solution, we can say it is the better option to build Defi platforms because it equips with some basic parameters. Considering the budget constraints of your project, you can choose Solana firsthand, depending on your project’s requirements.

If you want to develop Defi apps or Solana tokens, Hashlogics is the best option for collaborating with many global clients of various sizes, from small to large-scale businesses.

For Defi exchange solutions, get an effective Solana blockchain development service with expert approaches and advanced features from our blockchain development company.

Copy Writer at Hashlogics

Want to work with us?

Related Blogs

What Is Cloud Application? A Comprehensive Overview

Cloud applications are software solutions deployed in the cloud instead of on local machines or servers. These applications

Custom LMS Development Services Explained

While Learning Management Systems (LMS) have been prevalent in the education sector for many years, the pandemic has

IoT and Big Data: Exploring Their Interconnected Relationship

It is estimated that there will be 17 billion IoT-connected devices worldwide in 2030. This statistic shows the