Crypto Bank Research 2023
Get a quote
Request a project quote - [email protected]
4IRE Labs © 2011 - 2022. All rights reserved

Polkadot Development Company

Are you planning a Polkadot-based project? We know how to make it work. Use our professional Polkadot development services to enter the market with a technically superior, unique product.

TRUSTED BY LEADING BRANDS AND STARTUPS

Benefits of Polkadot development service

Scalability

Due to its unique shared architecture, Polkadot enables unrivaled scalability of the blockchain. Its main relay chain can connect a huge (though finite) number of parachains and conduct numerous simultaneous transactions, thus increasing its throughput manifold. Polkadot-based apps are developed separately from the mainnet and connected to it via a slot afterward. This approach to blockchain operation enables unlimited scaling without the throughput compromises and chain overload.

Trustworthy

The fact that Polkadot was developed by one of the founding fathers of Ethereum speaks for its trustworthiness and reliability. Overall, the team behind Polkadot includes talented developers, architects, and project leaders with a unique vision of this project’s further development. This third-generation blockchain implements robust security measures and has a two-layer design, excluding fraud or error risks and enhancing user and developer experience. 

Transparency

Like any other blockchain, Polkadot is an open-source, distributed ledger in which all users enjoy unprecedented transparency of their transactions. Everybody can access the information about assets held by other users, which is open to the public, though without personally-identifying information. Due to such transparency and immutability of blockchain operations, users are not afraid of fraud, scam, or theft within the system.

Heterogeneous Sharding

The sharding principle on which Polkadot is built allows cross-communication between numerous interconnected but autonomous shards within the Polkadot ecosystem. Such a structure guarantees more efficient resource distribution and shard operation while at the same time ensuring that the shards can complete cross-shard operations and transactions hassle-free. Polkadot shards all have a unique STF, thus able to communicate synchronously and asynchronously, which is technically impossible in blockchains like Ethereum, with all shards sharing the same STF.

Parallel Processing

Typically, blockchains contain a single logic and interface, with all transactions and operations conducted consecutively within the system. As a result, the processing speed may be too slow, with gas fees and blockchain overload being the undesired side effects. Polkadot has solved this issue by enabling parallel processing of transactions through its parachains. Each parachain has its unique logic, interface, and STF. Besides, Polkadot allows parathreads, thus letting several parachains share the same slot for optimizing their operations. 

Community Driven

Polkadot has a vast, active community of enthusiasts who strongly believe in this system’s potential and comparative benefits. Thus, developers working on Polkadot-powered apps and platforms can always find support and assistance among peers, while users wishing to invest in the Polkadot projects can study all information related to it in community resources. Besides, Polkadot has unique user-driven network governance different from many other existing blockchains and gives the power to members’ hands.

Scalability
Trustworthy
Transparency
Heterogeneous Sharding
Parallel Processing
Community Driven
Scalability

Due to its unique shared architecture, Polkadot enables unrivaled scalability of the blockchain. Its main relay chain can connect a huge (though finite) number of parachains and conduct numerous simultaneous transactions, thus increasing its throughput manifold. Polkadot-based apps are developed separately from the mainnet and connected to it via a slot afterward. This approach to blockchain operation enables unlimited scaling without the throughput compromises and chain overload.

Trustworthy

The fact that Polkadot was developed by one of the founding fathers of Ethereum speaks for its trustworthiness and reliability. Overall, the team behind Polkadot includes talented developers, architects, and project leaders with a unique vision of this project’s further development. This third-generation blockchain implements robust security measures and has a two-layer design, excluding fraud or error risks and enhancing user and developer experience. 

Transparency

Like any other blockchain, Polkadot is an open-source, distributed ledger in which all users enjoy unprecedented transparency of their transactions. Everybody can access the information about assets held by other users, which is open to the public, though without personally-identifying information. Due to such transparency and immutability of blockchain operations, users are not afraid of fraud, scam, or theft within the system.

Heterogeneous Sharding

The sharding principle on which Polkadot is built allows cross-communication between numerous interconnected but autonomous shards within the Polkadot ecosystem. Such a structure guarantees more efficient resource distribution and shard operation while at the same time ensuring that the shards can complete cross-shard operations and transactions hassle-free. Polkadot shards all have a unique STF, thus able to communicate synchronously and asynchronously, which is technically impossible in blockchains like Ethereum, with all shards sharing the same STF.

Parallel Processing

Typically, blockchains contain a single logic and interface, with all transactions and operations conducted consecutively within the system. As a result, the processing speed may be too slow, with gas fees and blockchain overload being the undesired side effects. Polkadot has solved this issue by enabling parallel processing of transactions through its parachains. Each parachain has its unique logic, interface, and STF. Besides, Polkadot allows parathreads, thus letting several parachains share the same slot for optimizing their operations. 

Community Driven

Polkadot has a vast, active community of enthusiasts who strongly believe in this system’s potential and comparative benefits. Thus, developers working on Polkadot-powered apps and platforms can always find support and assistance among peers, while users wishing to invest in the Polkadot projects can study all information related to it in community resources. Besides, Polkadot has unique user-driven network governance different from many other existing blockchains and gives the power to members’ hands.

Technologies we use

Embedded technologies in our polkadot development process

substrate
Web Assembly
libp2p
C++
Goland
Rust
Algorithm Grandpa
Hire blockchain developer

Data exchange functional problems that can be solved by Polkadot development company

Transfer of Digital Assets

Polkadot makes cryptocurrency exchange much easier by removing the cross-chain interoperability problems and bottlenecks. Its users can transact with other users, exchanges, and external blockchain members hassle-free.

Data Privacy

As with any other blockchain, Polkadot possesses rigorous encryption and provides complete privacy and security to users transacting within it. There is no user data exposure in the public network.

Scalability and Performance

Due to its unique infrastructure, Polkadot can perform multiple transactions at the same time. This is done by involving several parachains in the primary network's operation.

Functional Division of Ledgers

Polkadot is a layer-0 network that allows frictionless connectivity with layer-1 blockchains (e.g., Ethereum). The blockchain went a different way and achieved impressive scalability at layer 1 instead of relying on layer-2 architecture.

Projects we cover under Polkadot

Lending & Borrowing Platforms

Polkadot enables the creation of robust, affordable, and flexible lending and borrowing blockchain platforms. These resources are top-rated among users seeking passive income from their crypto assets and those requiring loans for transactions. Our team provides white-label Polkadot borrowing and lending solutions to jumpstart your market entry.

Smart Contracts

he relay chain of Polkadot doesn't process smart contracts, but any Polkadot-based project connecting to it as a parachain can. 4IRE engineers develop smart contracts for the Polkadot blockchain from scratch based on your unique project purpose and specifics.

Crypto Exchange Platforms

Crypto trading is booming today as hundreds of thousands of users start investing in crypto assets or want to earn on trading cryptocurrency pairs. The 4IRE team has extensive expertise in crypto exchange development and can deliver unique turnkey services in this area.

NFT Marketplace Platform

NFTs are gaining momentum as another potentially valuable asset in the crypto universe. You can enter the NFT market with a unique, functional NFT marketplace and build a loyal user base with top-quality services and competent consulting from 4IRE experts.

DeFi Services

Decentralized Finance is another buzzword in the crypto world. Polkadot powers numerous DeFi apps (dApps), and you can also win a fair share of this niche by launching a powerful, practical dApp created by our blockchain engineers.

How you can benefit from Polkadot Development Services?

Polkadot Development

By partnering with 4IRE blockchain experts, you’re getting a set of indisputable advantages and qualified end-to-end assistance, starting from consulting to designing and developing Polkadot projects with any functionality.

  • Advanced customization
  • Inclusion of multiple API integrations 
  • Adaptation to current market needs 
  • End-to-end planning 
  • Blockchain design and coding
  • Exchange platform creation 
  • Safety and reliability

Our engagement models

Dedicated development team

Hire the 4IRE team of Polkadot developers not to spend time, money, and energy on compiling an in-house team of blockchain engineers for one specific project. We have ready teams with the needed tech stack and skills for your Polkadot project creation.

Team extension

If you have in-house specialists but lack one or two professionals with a specific tech stack, we can augment your team with 4IRE experts on a project-based basis. They will collaborate with your team to deliver exceptional Polkadot development results.

Project-based model

4IRE developers can assist you on a full-time or project-based collaboration model, performing only the tasks you need or lack human resources for. You can count on our help with tasks and projects of any scale and complexity.

Hire Polkadot developers

If you plan a Polkadot-based project, coming to 4IRE is always a good decision. We host a large team of in-house blockchain architects and coders able to complete such a project from scratch or apply a white-label solution to minimize the time to market and development costs. We provide consulting, design and development, and post-launch maintenance support for clients, thus ensuring that you’re content with the quality and coverage of our services. 

Learn our cases

Hash Rush

Read about the 4IRE team worked on Hash Rush is an intriguing gaming solution that many dedicated gamers will love. It is a fictional Hermeian galaxy in which the users can create their small settlements, and fight creatures coming from distant corners of the universe. The game has its own token RUSH – a crypto coin based on the Ethereum blockchain

Corda Use Case for a Blockchain-Based Application

Read the case study where we share our team’s experience and key takeaways from using the Corda blockchain solution for a recent healthcare application project.

FAQ

What makes Polkadot different from other protocols?

Polkadot has a sharded infrastructure, which is unique and not present in other blockchain protocols. This means that the network can execute several transactions simultaneously by engaging its parachains. Besides, it has a forkless upgrade feature, which suggests that the introduction of system upgrades will go on frictionlessly and unnoticeably. Thus, it’s the most flexible and adaptive blockchain type of the currently available options.

Can I integrate my project into another blockchain?

Yes, it’s technically possible, though with some minor tweaks in the app’s architecture to ensure smooth integration without bugs and frictions. It’s not universally possible, but specific projects support such a possibility. For instance, Polkadot is specifically useful for this goal as it enables seamless cross-chain transfers and resolves the problem of poor interoperability among different blockchain protocols.

How much does it cost to start a project on Polkadot?

The cost of your blockchain app development project on Polkadot may differ tremendously depending on your project’s scale, complexity, and deadlines. One of the blockchain’s evident benefits is the speed and ease of app development using this protocol. Still, the relay chain of Polkadot is your target, as a separate parachain can hardly function as a successful project. So, factor the purchase of a slot for your parachain in the development budget as well.

Why choose 4IRE for Polkadot development services?

By turning to the 4IRE team for a turnkey Polkadot-based project, you get a hassle-free, smooth experience of working with experienced professionals and seeing your expectations met in all technical and service aspects. Our staff has 10+ years of experience in blockchain development, so they are sure to find the best tech solutions for your project, executing the coding and design stages with utmost regard to quality.

Our latest insights

Bank
7 min

Crypto Bank Research 2023

September 2023
by Helen Petraschuk
Fintech
7 min

Top 11 White-Label Solutions for Neobanks

August 2023
by Helen Petraschuk
Blockchain Use Cases Fintech
7 min

Blockchain Use Cases in Trade Finance

August 2023
by Slava Malchenko