Why it is Impeer-ative that You Choose Impeer
Impeer is Navancio’s newest blockchain development platform that will be lauched into a pool of pre-existing blockchain developing software that have gained traction due to their novelty in the rapidly advancing field of DLTs or Distributed Ledger Technologies. Everyone can see it coming — the world accepting blockchains as the next phase or Web3, and everyone wants to be the #1 platform chosen to facilitate this. As a result, the blockchain development field is easily the most competitive market one could want to launch software into. This begs the question — Why will Impeer make it big? The answer is simply that they’re better. Using their innovatively modular platform, blockchain development has never been so easy and affordable. They have found a solution to the problem of scalability, and most importantly, especially to meet with the complex needs of businesses and government entities today, they have achieved interoperability.
As mentioned above, for platforms like Impeer, the sector of blockchain development feels like a never-ending race for the best and newest features. To stay in the lead, you must have innovations constantly rolling in. Over the years, this competitiveness has allowed the blockchain industry to grow at a rate that has never been seen before. In a matter of a few years, multi-million and even billion-dollar companies have used blockchain technology to revolutionize the market. Gaming apps like cryptokitties, or a more recent example, Axie Infinity, cryptocurrencies like Bitcoin and Ethereum, and now even grocery stores like Walmart employ their own, unique blockchain networks and are now some of the most successful endeavors in history.
While blockchain technology is becoming increasingly popular in the world, it is still extremely difficult to build or code from scratch. This is why the market opened up for blockchain developing platforms that make it easy on the companies that want to incorporate this technology into their systems. Pioneers have built these platforms and provide them as services and Impeer is gearing up to be one of them. While some of the other platforms already in the business can boast about the slightly longer time and experience they have gained in the field, Impeer can boast about its quality.
Impeer’s platform is interoperable, easy-to-use, scalable, highly secure, modular, and affordable. Let’s see how each of these qualities compare to those of its competitors, i.e., Alchemy, Infura, Kaleido, IBM Blockchain, Amazon Managed Blockchain, Azure Blockchain Workbench, LUniverse,, Bloq, Nodesmith, and Chainstack, starting with the most important, interoperability.
While most of these competitors like Infura, Alchemy, and Nodesmith do not even mention interoperability in their product description, the ones that do like IBM Blockchain only offer interoperability features to networks founded on Hyperledger Fabric. Impeer extends its interoperability feature to all types of networks including Hyperledger Fabric, Ethereum, and Corda, and allows customers to integrate their legacy technology, so they do not lose any of the progress they have already made in switching to a blockchain-based system.
The next comparison can be made on the modularity of these services. A platform is modular when its features are “pluggable” or can be broken into blocks, reused and remixed as per the customer’s needs. Since platforms like IBM Blockchain, Kaleido, and Luniverse are supported by Hyperledger Fabric’s framework, they inherited its modular build and have certain provisions to make their features pluggable. Infura also boasts modularity but because of its base in Ethereum. Impeer is different because it is the first to provide customers with a fully customized and modular SDK framework that can be secured across their blockchain applications. None of its competitors can say they have done the same.
The next feature is scalability. Impeer, like Kaleido, provides a platform for developers from companies or government entities to create private or permissioned blockchain networks. Some of its competitors allow customers to create both private and public networks based on their needs. However, many of these service providers have yet to come up with a solution to the problem of scalability that actually works. Impeer allows customers to create parallel blockchains or separate channels to keep up with addition of nodes to a particular network on its platform. Platforms like Amazon Managed Blockchain use outdated solutions like the creation of peer nodes in the network so as to take the load off of some of the other nodes. Nodesmith too does not support the creation of private channels, instead it advertises the ability of its fully customizable nodes to automatically scale, which cannot be as efficient.
Lastly, affordability is a feature that customers are always eager to compare. Larger corporations like Alchemy and IBM Blockchain seem to be slightly cheaper for developers and enterprises alike. At Alchemy, a growth plan consisting of 400,000,000 compute units per month is $49 per month. At IBM Blockchain, their services can be rendered at the price of $0.029/CPU hour. Amazon Managed Blockchain has different rates for users wanting to work with Hyperledger Fabric and Ethereum. Within that choice, users that wish to work with Hyperledger Fabric can choose either the starter edition that costs $0.30/hour or the standard edition costing $0.55/hour. Users that go with Ethereum have different pricing based on the type of peer nodes they want to create which range from $0.134/hour to $1.088/ hour. Impeer has taken each of its competitors’ price structures into consideration and as a result, it has produced a structure making its array of features available to customers at a rate that benefits them the most.
Impeer’s provisions for interoperability, security, its ease-of-us, affordability, and its commitment to stay on top of the blockchain development game for a long time are the reason it is better and it should be the go-to platform for your specific blockchain needs.
