What is Blockchain & Why is Blockchain Applications Testing Needed?
Enterprises across the globe are continuously looking for a secure platform using which they can transparently share information with absolute trust. Blockchain applications can prove to be the answer to this need.
A Blockchain application is expected to gather and order data into Blocks, and then Chain them together securely using cryptography, bringing in multiple benefits across almost every industry. However, Blockchain programming and adoption comes with its inherent challenges. Blockchain companies must deal with high initial investments, integration issues with legacy systems, high energy consumptions, privacy and security issues, and apprehension around the blockchain integration process. This makes testing blockchain technology applications business-critical.
Cigniti provides focused testing services for applications that involves validation mechanisms as well as testing for Shift-left approaches, API, Functional/Non-functional Testing, Integration Testing, Security Testing, Compliance Testing, & Performance Testing. It can even comprise of specialized testing such as Peer/Node testing and Smart Contract Testing.
Benefits of Blockchain Applications Testing with Cigniti
At Cigniti, we gauge the depth of your Blockchain applications and help you derive the best possible ROI from the technology. With our deep expertise in digital assurance & testing, we use the latest, competitive, and evolving technologies to help you bring efficiency & cost-effectiveness with easy adoption.
- We look at how your blockchain application interacts with external factors such as network, users, transactions, & much more. This helps us leverage the technology platform to build a ‘realistic’ application for the users.
- We have established a Shift-Left approach with early test automation, performance testing, security testing, and service virtualization along with a SMAC stack with digital assurance services that offer enriched CX.
- We perform Risk-based testing using design failure modes, effects, & criticality analysis (FMECA).
- Our IP-led expertise, robust operating models, & automation frameworks help clients achieve their business objectives by leveraging new technologies.
Key trends in Blockchain Implementation
With the expected impact of Blockchain innovations across industries, enterprises must pay heed to the quality & testing needs of these apps. Understanding the implementations of Blockchain will help determine your growth path & probable challenges with the technology. At Cigniti, we are well in sync with the key trends that are needed for adopting Blockchain:
Digital Transformation across sectors: Private blockchains are spearheading digital transformation, automation, codification of complex contracts, digitalization of processes, & tokenization of physical assets.
Artificial Intelligence (AI): Blockchain enables a seamless exchange of big data, the analysis of which forms the basis of all machine learning (ML) & AI.
Internet of Things (IoT): Blockchain technology provides for a cost-effective, fast, flexible, & robust security framework for IoT & helps implement a decentralized ledger framework for all data points across people, devices, etc.
Cyber-and-Data Security: Blockchain, with its theoretical immutability, will be critical for ensuring safety, integrity, & successful implementation of related protocols.
Blockchain Security Testing
The Blockchain technology is transforming businesses by helping them collaborate better, share information, and track assets safely. The benefits of blockchain-enabled precision, security, and efficiency are benefitting multiple sectors and domains, such as finance, healthcare, retail, and more.
The Blockchain technology is also being used by Governments to create, validate, and improve people’s access to self-sovereign (international ID) identities. An international ID is accessible anywhere in the world, allows people to manage their digital personas, have a better control over their identity, connect with family members, and even receive money without a bank account. Using Blockchain to achieve this task, the following activities are performed to provide the security as desired:
Blockchain can be segmented by the kind of access points it offers. To begin with, there are 3 popular types of Blockchains.
Considered to be “fully decentralized”, a public blockchain has no restriction on access, is secured by cryptoeconomics, and anyone can read, send transactions to, and participate.
Blockchain companies that target B2B users use semi-private blockchains that are managed just like private web apps or how a company runs a website. A few examples include government entities for record-keeping, land titles, public records, etc.
A private blockchain is a restricted blockchain with access defined by network administrators thereby providing a greater level of privacy.
A blockchain where a pre-selected set of nodes control the consensus process is a consortium/ federated blockchain. Here, the right to read the blockchain may be public, or restricted to the participants. Some examples are banks & energy.
Contact our blockchain security testing and blockchain technology application experts for all your blockchain application testing needs.