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How Is Blockchain Helping Real Estate Industry

blockchain app developer for real state industry

With step in of Blockchain technology , it has transformed the way of doing business across all industries , and real state industry is one of those benefited industry who is using such innovative technology . Right from the beginning real state industry is booming industry . According to recent data almost 210,000 first are involved in residential brokerage and is generating the total revenue of $ 250 Billion .

Blockchain technology aids real state industry with speedy transaction in more transparent manner thereby increasing transparency and reducing the paper works . Earlier Real state industry were just referred as large corporate industries which is usually a combination of corporate houses and influential property owners .

A  recent vital changes in the real state companies has been seen . Companies like RealtyShares have started accepting bitcoin as payment , facilitating speedy transaction and thereby reducing transaction charges . The very first step by this company have gained a eye catchy look for other real state companies and as per the prediction they will soon join this list also .

What to know what is Blockchain ? Read our article here .

In brief we can say Blockchain is peer to peer ledger system based in encrypted technology wherein transaction is carried out in chain or blocks without any interference of third party during the transaction , thereby always remain free from all sorts of controls and regulations .

Blockchain Eliminates Interference Of MiddleMen

Right from the beginning middlemen or intermediator always played a important role while finalising any deal in between buyer and real estate company . Usually in past there is no other alternative than contacting a broker in case you want to buy it invest in property .

However with the step in of blockchain technology , no middlemen is usually required – this necessarily means you actually don;t have to have any commission to brokers or so . This is because you will be dealing in Bitcoin or Ethereum for either buying or selling in the property .

Reduces Cost And Highly Secured

Yes you heard it right .  Blockchain can actually saves your’s lots of bucks as it eliminates brokerage and commission . Secondly transaction in cryptocurrency is highly secured due to its chain to chain end technology and thus increases the trust factor while translating .

Reducing Forgery Cases In Real Estate Industry

When it comes to real state , forgery case if must – this is the common thing which we may have come across when debating about the real state industry . There are number of incidents in which people practise unethical practises to illegally grab the property by creating some fake document claim a false person the owner of the property , but in actual he is not .

But with the adoption of the Blockchain technology , all the buyers , sellers and property owners will have a full proof evidence of the transaction conducted and that to digitally without any hassle of paper documents .

Maintaining Transparency Through Smart Contracts

Only a bunch of people buy property without availing a loan or mortgage facility . All others necessarily avail loan facility for purchasing any kind of property . And those who have been faced this process knows that how cumbersome and hectic is the process of availing loan , and it also take a Long time just to sanction the loan .

Blockchain offers smart contracts that facilitates easing the whole process . But developing the smart contract is not a child’s job that any one of the developer can do . You will be needing a blockchain developer to perform this job effectively .

The smart contract develop digital ID for concerned property either as a buyer or seller which will be permanently stored in blockchain and can not be changed , deleted or tampered . It also helps in  monitoring of the transnational process  , thereby making the transfer of ownership process much simpler .

Ensure Reliable Voting

Blockchain technology also helps conducting of voting in apartments , building or complex in efficient and reliable manner  . Voting make be required in case of any important decision making or in respect of getting response for the predefined infrastructure and more\\

Summing Up

The blockchain has not only influenced real state industry , but has also fueling up other industries also like financial industry and more . Due to blockchain buyers and sellers life had become much easier than traditional methods of property investment .
The real state industry are slowly exploring more opportunities that Blockchain is offering and is thus thereby moving towards digital cryptocurrency transaction .
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Advantages And Disadvantages Of Node.Js Web App Development

node js developer

What Exactly Is Node.js ?

Node.js is javascript run time environment that helps in integration of Javascript code in server side . It is basically referred as a web tool for frontend development and is always proven beneficial for cross-development platform . It has also gained its popularity due to its development of real time application . In addition to above it can be used with other popular platform also like react native , PhoneGap , Apache , Native Script and more .
Now lets draw down some major advantages and disadvantages of Node.js

Pros Of Node.Js

It Offers Easy Scalability

Node.js allows developers to scale applications in horizontal as well as vertical directions which is one of the biggest advantage of the technology .  The scaling of the application in horizontal manner is possible by just adding nodes to existing system .

Easy To Learn

As one of the world’s most popular programming language , most of the front end developer has good grip on this technology . It becomes much easier to learn in comparison with other technology and thereby consumes less time to work with it .

It Uses Single Programming Language

It offers writing the server side application in one single language , ie Javascript . This facilitates Node.Js  developer  to develop both front end as well as back end web application using runtime environment , thus making the deployment simpler all popular web browser support Javascript .

Offers High Performance

Node.Js interprets javascript code via Google’s V8 Javascript engine . This engine injects the javascript code directly into machine code thus making implementation of code faster .

Facilitate Development Of Apps

Another big advantage of using Node.JS is it facilitates mobile app developers freedom to develop apps and software . You can actually build the app right from the scratch using this technology  , which is not in the case of Ruby On Rails or other platform by imposing some limitation .

Getting Support Of Large And Active Community

Behind Node.Js , there are large number of active developers working to continuously improve this technology to next level . This facilitates well supported javascript programmer and ready to use code in GitHub .

Cons Of Node.Js

Application Programming Interface (API) Not Scalable

We can say one of the key problem that developers might encounter while developing the API’s , it needs to keep on changing at frequent intervals and hence does not stay stable .
There may be times that new API appears wherein you have to work on number of backward incompatible changes , thus making it incompatible to match with latest version of Node.Js API .

Does Not Have Supported Strong Library System

Unlike other , it does not have strong library system . As a result developers are forced to use common available libraries for various orientation of task such as processing of images , handling database operation , XML parsing and more .

Asynchronous Programming Model

This programming model facilitates scalable application making.  However , many developers may find this usability difficult while comparing with linear blocking I/O programming .

Conclusion

The Node.Js has much more advantageous than the platform and hence its disadvantages goes in veins . What’s more important is that it extended the area of Javascript application and can be used by developer for both Frontend as well as backend development .  With passage of time , more business organisation are loving to adopt this technology and is contributing towards positive results .
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How To Get The Most Of Out CRM

crm software development

It has been seen that most of the time customer needs help of the customer to complete the purchase of the product . For any business organisation to run on the path of success , effective customer support is mandatory part . That is the reason , no matter what is the size of business , they all are loving to adopt Customer Relationship Management ( CRM ) solutions , which helps them to manage customer data , their order history , handling customer request and more .

CRM is a tool that helps the organisation to keep track record of customer information like order hostly , their preference and engagement and more . This facilitates organisation to know their customer at deeper level and showing the product or services that will be preferred by customer . CRM stores the information in central database which is easily accessible by all the departments of the organisation to make it more convenience for everyone present in the organisation .

To get the best out of CRM , it is important to focus on best practises that can facilitate us to get the maximum benefit out of it .

This article helps you to conceptualise most important things which you need to take care of while choosing your CRM . We at CRM software development company for over decades , and due to this experience we have prepared guideline to invest in new CRM .

Choose The CRM Required By You , And Not The Best CRM

Not every software is crafted according to your organisation need . It is always recommended to research on the CRM you are going to implement , rather than preferring the CRM solution often referred by your friends or business partner . Every CRM has their own pros and cons . So before finalisation of CRM solution you must check with all the requirement , and even if it does not contain some common features which is not required by you , you can choose that .

Also before choosing the CRM solution , you must also considered that whether you want local CRM , or you want cloud based solution . Whether you want to go on with monthly service contract , or want to invest one time upfront cost . Whether you are in need of customised solution ,  or common made features is enough for you .

So by keeping in mind of all the above points , you should take informed decision for solutions available in the market . It has always been seen that service contract may sounds costlier than upfront cost but may not support your future customisation and thereby increasing the cost .

Automate The Task Of Organisation

CRM tools are well designed to automate all the task of the organisation , thus saving heavy lifting of your business . For instance data entry , data entry is the real time consuming process if it is done manually , which can easily be automated by CRM . Taking the advantage of this automated system will not save your organisations precious time , but will also free up your employees and employing them in some other important task .

Training Of WorkForce About CRM

A good CRM system is not good until  you are aware of making full utilisation . So it is necessary to guide your workforce well about the benefits of CRM , why it has been implemented , how to use the same .

Periodic test to see how well they are been educated is crucial to ensure productivity does not go down .

Rules Are Important

For a CRM to function at its full potential , you should ensure that it is never being misused . For instance , you can put one rule that every lead lead data must be entered in CRM without any excuses . Enforcement of such types of rules helps data integrity , more transparency and smoother transactions .

Easy Availability Of Data Across All Departments

One of the major benefit of CRM is the data is easily accessible to all the department all the times due to centralised managed databased in CRM . By promising of data accessibility across all departments ,  CRM helps to avoid confusion which obviously may be the case when you are having to many cooking for preparing the single dish .

Assume if there is no CRM , it means once the customer raises any concern , the information may passed from one agent to another and then to another agent , which results in customer frustration and lost revenue . But with the help of CRM , a data entered by salesperson can be easily accessible by IT professional , or any one needy in the organisation within minutes , thereby facilitating best customer service possible .

Data Is Gold , Utilise It , Mine It

CRM are developed to handle mass amount of data . But what is the use of the data if you don’t have analytics of the data . CRM system has inbuilt feature to mine all the captured data and use that information to produce valuable conclusion which can help you to be future ready and make informative decision accordingly .

If your CRM does not allow you to analyse the data , then those information is nothing more than thus storing the data and consuming up your spaces !!

Also read : ERP Vs CRM Software

Choose Simple And User Friendly CRM

It is usually the case with many organisation that when they first encounter with the varieties of CRM solution , they want to invest in something that might be complex and far more than what is required by your organisation . Be careful with that and take the decision precisely – always choosing the best CRM that suits all your need is preferable . Choosing the features with lots of features that is none of the use for your organisation is ineffective for you . This step helps you and your organisation team member to take full advantages of your CRM , without wasting their time on unnecessary features .

Above all , you should always be willing to make changes in CRM in case required . The requirement  generates from your day to day operation and can guide you how they can be performed as per your expectation . CRM has more than the expected potential of performing well , but it will exist only if you successfully implement the CRM and do necessary customisation as required from time to time .

Winklix is also one of the best CRM software developer providing custom CRM software development , Salesforce Customisation and more .