BitCot

Top Web Design & Mobile App Development Company

4.97/5 (8 Reviews)
About BitCot
BitCot is the top mobile app development and web design company in San Diego, #92127 providing expert app developers and designers for your organization. We develop iOS, Android, native application and IoT apps. We create a mobile application for every ty...
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$50 - $99/hr
50 - 249
2011
United States
BitCot
Top Web Design & Mobile App Development Company
4.97/5 (8 Reviews)
2 Reviews
Client Reviews
AV HEROReviewed 1 month ago
Very professional team.
Reviewed 1 month ago by AV HERO
Very professional team.
Rating breakdown
Quality
Reliability
Ability
Overall
Other details
Services:
Maintenance & Support
Project Status:
In progress
Mike ShieldsReviewed 2 weeks, 4 days ago
Quality Engineering
Reviewed 2 weeks, 4 days ago by Mike Shields
Quality Engineering
Thank you for supporting the application development process.

The BitCot development team demonstrated thought leadership integrating with existing technology seamlessly while inspiring ideas that extended the framework. The contributions by the team aligned directly to the requirements and the BitCot story boarding process was easy to follow.

I've learned a lot about innovative ways to collaborate with the BitCot team that I am reusing to further development of other initiatives.
Rating breakdown
Quality
Reliability
Ability
Overall
Other details
Services:
Web Development
Project Status:
In progress
Services

At BitCot, We create impactful mobile apps that solve real-world problems.

Our service includes Web & Mobile App Development, Software development, UX Strategy & Design, User Interface, Research & Discovery, QA & Deployment, VR & AI, RoR.

Focus
Service Focus
Discussions
If you are thinking of developing a bitcoin wallet app, first of all, it’s important to know it’s workings? Bitcoin is a form of cryptocurrency. Simply put, it is a digital currency that is entirely decentralized. This means no government body, banks, or other authority controls the money.   Anyone can buy or sell online without the involvement of banks or government regulations.   Plus, it does not involve any physical currency; however, it does record the transactions and stores them on the blockchain network.   Blockchain network, what is that?   The workings of a blockchain network?   (Image source: ecoinplace.com)   The closest analogy for the blockchain network could be a network of bank branches that maintains and access the same transaction history of the account holders anywhere and everywhere. No matter from which branch they make the transaction, their details are saved and shared among all the branches.   Similarly, in a cryptocurrency world, there is a network of computers or nodes that verifies the bitcoin transaction for their users. All verified transactions are noted down on a single ledger and later shared on all the nodes.   However, in the bank, you have the main branch that controls the sub-branches, but in the crypto world, all nodes are independent and behave as the main branch. It doesn’t have a hierarchy structure but a distributed architecture.   Let’s see how cryptocurrency transaction works.   How does Bitcoin transaction work?   In our day-to-day life, we use physical currency to buy goods. In the physical currency, if you have noticed, there is a long number printed at the bottom. This number has confidential information and is used by the bank to track the currency details, for instance, printing press location. Likewise, the bitcoin also generates a unique transaction number called “hash functions”. They use this number to validate their transactions and make them secure. The entire cryptocurrency is based on these hash functions.   Each time some new transaction is verified and takes place on the blockchain network, it generates a unique hash number and adds to the blockchain in forms of blocks. So basically, blockchain is a series of transactions done online and viewed by anyone ( Identity of the person is encrypted). It is the most secure way of online purchase, and it is hack-proof.   (Image Source:goodaudience.com)   Just like in the real world, when you do any money transaction( withdraw/deposit), it is noted down in bank-statement. In the crypto world, this is noted down in the blockchain in the form of blocks. Unlike bank statements, these transactions are open to view by the public, and therefore it is known as a public ledger. However, there are two kinds of blockchains- a private/permission-based blockchain and a public/permissionless blockchain.   Hash number gives a unique identity to the online transaction. Whenever there is a new transaction added in the blockchain, it has the trail of previous payment or “hash number” to it (see image above). Due to this arrangement, there is no chance of cheating or money transaction error as all transaction speaks about the previous transaction.   Experts called “Miners" create these hash numbers and, the process is called mining. It requires some decent calculation and is done to make each online payment unique and secure. The payment is validated only by the miners.   For any cryptocurrency user, they need a wallet to pay and receive digital currency. A cryptocurrency wallet is a computer program that stores public and private keys. The key interacts with various blockchain (Address) to allow users to send and receive digital currency and monitor their balance. These keys are like a gateway to cryptocurrency transactions.   ( Image Source: blog.wetrust.io)   You can resemble your public key and private key as your e-mail address and password. The password or private key is not disclosed to anyone while the e-mail address can be shared to anyone.   They are just numbers:     Private Key: 32 characters of numbers + upper and lower case letter   Public Key (Wallet address): 64 characters    The private key is used as an input, and the output is a public key. This public key is then broadcasted on the network. From the network, the public key is accessed by the person who wants to make the payment. To confirm the amount is going to the right person the receiver uses the private key (digital signage) to authenticate the transaction.   Every transaction is a file that consists of the sender’s and recipient’s public keys (wallet addresses) and the number of coins transferred. The key is used to sign the transaction and is a mathematical proof that the transaction has come from the owner.   Bitcoin amount appears in the form of BTC, mBTC, or bits.   ( Image source: ybrikman.com)   The below image speaks broadly about the rising demand of cryptocurrency wallet app. By the end of quarter 1 2018, there were around 24 million users.   (image source:ddi-dev.com)   There are five types of cryptocurrency wallets: Desktop wallet, Mobile wallet, Web wallet, Hardware wallet, and Paper wallet. With a bitcoin wallet app, you carry the key in your pocket that access the digital currency. It's time to consider the Bitcoin wallet app as a fast way of business growth.   Why use cryptocurrency over Physical money    Fast transactions   Avoid fraudsters   Trustworthiness   Decentralization   Privacy ( transaction are anonymous and fully encrypted)   No transaction fees    Types of cryptocurrency Wallet   Web   Mobile   Desktop   Paper   Hardware    It would take another long post to explain how each of these works in the crypto-currency world; so we will straight away jump to the topic - what does it take to develop a bitcoin wallet app?   Features of cryptocurrency/Bitcoin Wallet   (source:igniteoutsourcing.com)     Conversion Rate   QR Code Scanner   Authorization   Paper wallet import   Personal wallet   Security   Addresses   Push Notifications   Trading service   Exchange rate    Since almost every cryptocurrency provides its own e-wallet, you can either integrate some to use for payments or build your own Bitcoin wallet like application.   Steps to develop a cryptocurrency App   Top cryptocurrency Wallet Development Companies   If you are not sure that your development team has the necessary skills or background to code the best bitcoin wallet app, then it is better to outsource them. Here are some top cryptocurrency wallet development companies,   Top cryptocurrency Wallet Development Companies are:     SoluLab   Labrys   HashCash Consultants   Inn4Science   OpenXcell   Technoloader   MixBytes   Bitdeal   Deqode   HoC Solutions    Wrapping Up: Developing a bitcoin app could be challenging as there might be many bottlenecks. This could be overcome only through expert advice and skilled professionals. But there is one more critical aspect one can’t ignore for a successful Bitcoin App that is promotion (SEO) and marketing ( PPC Ads).
If you are thinking of developing a bitcoin wallet app, first of all, it’s important to know it’s workings? Bitcoin is a form of cryptocurrency. Simply put, it is a digital currency that is entirely decentralized. This means no government body, banks, or other authority controls the money.   Anyone can buy or sell online without the involvement of banks or government regulations.   Plus, it does not involve any physical currency; however, it does record the transactions and stores them on the blockchain network.   Blockchain network, what is that?   The workings of a blockchain network?   (Image source: ecoinplace.com)   The closest analogy for the blockchain network could be a network of bank branches that maintains and access the same transaction history of the account holders anywhere and everywhere. No matter from which branch they make the transaction, their details are saved and shared among all the branches.   Similarly, in a cryptocurrency world, there is a network of computers or nodes that verifies the bitcoin transaction for their users. All verified transactions are noted down on a single ledger and later shared on all the nodes.   However, in the bank, you have the main branch that controls the sub-branches, but in the crypto world, all nodes are independent and behave as the main branch. It doesn’t have a hierarchy structure but a distributed architecture.   Let’s see how cryptocurrency transaction works.   How does Bitcoin transaction work?   In our day-to-day life, we use physical currency to buy goods. In the physical currency, if you have noticed, there is a long number printed at the bottom. This number has confidential information and is used by the bank to track the currency details, for instance, printing press location. Likewise, the bitcoin also generates a unique transaction number called “hash functions”. They use this number to validate their transactions and make them secure. The entire cryptocurrency is based on these hash functions.   Each time some new transaction is verified and takes place on the blockchain network, it generates a unique hash number and adds to the blockchain in forms of blocks. So basically, blockchain is a series of transactions done online and viewed by anyone ( Identity of the person is encrypted). It is the most secure way of online purchase, and it is hack-proof.   (Image Source:goodaudience.com)   Just like in the real world, when you do any money transaction( withdraw/deposit), it is noted down in bank-statement. In the crypto world, this is noted down in the blockchain in the form of blocks. Unlike bank statements, these transactions are open to view by the public, and therefore it is known as a public ledger. However, there are two kinds of blockchains- a private/permission-based blockchain and a public/permissionless blockchain.   Hash number gives a unique identity to the online transaction. Whenever there is a new transaction added in the blockchain, it has the trail of previous payment or “hash number” to it (see image above). Due to this arrangement, there is no chance of cheating or money transaction error as all transaction speaks about the previous transaction.   Experts called “Miners" create these hash numbers and, the process is called mining. It requires some decent calculation and is done to make each online payment unique and secure. The payment is validated only by the miners.   For any cryptocurrency user, they need a wallet to pay and receive digital currency. A cryptocurrency wallet is a computer program that stores public and private keys. The key interacts with various blockchain (Address) to allow users to send and receive digital currency and monitor their balance. These keys are like a gateway to cryptocurrency transactions.   ( Image Source: blog.wetrust.io)   You can resemble your public key and private key as your e-mail address and password. The password or private key is not disclosed to anyone while the e-mail address can be shared to anyone.   They are just numbers:     Private Key: 32 characters of numbers + upper and lower case letter   Public Key (Wallet address): 64 characters    The private key is used as an input, and the output is a public key. This public key is then broadcasted on the network. From the network, the public key is accessed by the person who wants to make the payment. To confirm the amount is going to the right person the receiver uses the private key (digital signage) to authenticate the transaction.   Every transaction is a file that consists of the sender’s and recipient’s public keys (wallet addresses) and the number of coins transferred. The key is used to sign the transaction and is a mathematical proof that the transaction has come from the owner.   Bitcoin amount appears in the form of BTC, mBTC, or bits.   ( Image source: ybrikman.com)   The below image speaks broadly about the rising demand of cryptocurrency wallet app. By the end of quarter 1 2018, there were around 24 million users.   (image source:ddi-dev.com)   There are five types of cryptocurrency wallets: Desktop wallet, Mobile wallet, Web wallet, Hardware wallet, and Paper wallet. With a bitcoin wallet app, you carry the key in your pocket that access the digital currency. It's time to consider the Bitcoin wallet app as a fast way of business growth.   Why use cryptocurrency over Physical money    Fast transactions   Avoid fraudsters   Trustworthiness   Decentralization   Privacy ( transaction are anonymous and fully encrypted)   No transaction fees    Types of cryptocurrency Wallet   Web   Mobile   Desktop   Paper   Hardware    It would take another long post to explain how each of these works in the crypto-currency world; so we will straight away jump to the topic - what does it take to develop a bitcoin wallet app?   Features of cryptocurrency/Bitcoin Wallet   (source:igniteoutsourcing.com)     Conversion Rate   QR Code Scanner   Authorization   Paper wallet import   Personal wallet   Security   Addresses   Push Notifications   Trading service   Exchange rate    Since almost every cryptocurrency provides its own e-wallet, you can either integrate some to use for payments or build your own Bitcoin wallet like application.   Steps to develop a cryptocurrency App   Top cryptocurrency Wallet Development Companies   If you are not sure that your development team has the necessary skills or background to code the best bitcoin wallet app, then it is better to outsource them. Here are some top cryptocurrency wallet development companies,   Top cryptocurrency Wallet Development Companies are:     SoluLab   Labrys   HashCash Consultants   Inn4Science   OpenXcell   Technoloader   MixBytes   Bitdeal   Deqode   HoC Solutions    Wrapping Up: Developing a bitcoin app could be challenging as there might be many bottlenecks. This could be overcome only through expert advice and skilled professionals. But there is one more critical aspect one can’t ignore for a successful Bitcoin App that is promotion (SEO) and marketing ( PPC Ads).

If you are thinking of developing a bitcoin wallet app, first of all, it’s important to know it’s workings? Bitcoin is a form of cryptocurrency. Simply put, it is a digital currency that is entirely decentralized. This means no government body, banks, or other authority controls the money.  

Anyone can buy or sell online without the involvement of banks or government regulations.  

Plus, it does not involve any physical currency; however, it does record the transactions and stores them on the blockchain network.  

Blockchain network, what is that?  

The workings of a blockchain network?  

(Image source: ecoinplace.com)  

The closest analogy for the blockchain network could be a network of bank branches that maintains and access the same transaction history of the account holders anywhere and everywhere. No matter from which branch they make the transaction, their details are saved and shared among all the branches.  

Similarly, in a cryptocurrency world, there is a network of computers or nodes that verifies the bitcoin transaction for their users. All verified transactions are noted down on a single ledger and later shared on all the nodes.  

However, in the bank, you have the main branch that controls the sub-branches, but in the crypto world, all nodes are independent and behave as the main branch. It doesn’t have a hierarchy structure but a distributed architecture.  

Let’s see how cryptocurrency transaction works.  

How does Bitcoin transaction work?  

In our day-to-day life, we use physical currency to buy goods. In the physical currency, if you have noticed, there is a long number printed at the bottom. This number has confidential information and is used by the bank to track the currency details, for instance, printing press location. Likewise, the bitcoin also generates a unique transaction number called “hash functions”. They use this number to validate their transactions and make them secure. The entire cryptocurrency is based on these hash functions.  

Each time some new transaction is verified and takes place on the blockchain network, it generates a unique hash number and adds to the blockchain in forms of blocks. So basically, blockchain is a series of transactions done online and viewed by anyone ( Identity of the person is encrypted). It is the most secure way of online purchase, and it is hack-proof.  

(Image Source:goodaudience.com)  

Just like in the real world, when you do any money transaction( withdraw/deposit), it is noted down in bank-statement. In the crypto world, this is noted down in the blockchain in the form of blocks. Unlike bank statements, these transactions are open to view by the public, and therefore it is known as a public ledger. However, there are two kinds of blockchains- a private/permission-based blockchain and a public/permissionless blockchain.  

Hash number gives a unique identity to the online transaction. Whenever there is a new transaction added in the blockchain, it has the trail of previous payment or “hash number” to it (see image above). Due to this arrangement, there is no chance of cheating or money transaction error as all transaction speaks about the previous transaction.  

Experts called “Miners" create these hash numbers and, the process is called mining. It requires some decent calculation and is done to make each online payment unique and secure. The payment is validated only by the miners.  

For any cryptocurrency user, they need a wallet to pay and receive digital currency. A cryptocurrency wallet is a computer program that stores public and private keys. The key interacts with various blockchain (Address) to allow users to send and receive digital currency and monitor their balance. These keys are like a gateway to cryptocurrency transactions.  

( Image Source: blog.wetrust.io)  

You can resemble your public key and private key as your e-mail address and password. The password or private key is not disclosed to anyone while the e-mail address can be shared to anyone.  

They are just numbers:    

  • Private Key: 32 characters of numbers + upper and lower case letter  
  • Public Key (Wallet address): 64 characters
       

The private key is used as an input, and the output is a public key. This public key is then broadcasted on the network. From the network, the public key is accessed by the person who wants to make the payment. To confirm the amount is going to the right person the receiver uses the private key (digital signage) to authenticate the transaction.  

Every transaction is a file that consists of the sender’s and recipient’s public keys (wallet addresses) and the number of coins transferred. The key is used to sign the transaction and is a mathematical proof that the transaction has come from the owner.  

Bitcoin amount appears in the form of BTC, mBTC, or bits.  

( Image source: ybrikman.com)  

The below image speaks broadly about the rising demand of cryptocurrency wallet app. By the end of quarter 1 2018, there were around 24 million users.  

(image source:ddi-dev.com)  

There are five types of cryptocurrency wallets: Desktop wallet, Mobile wallet, Web wallet, Hardware wallet, and Paper wallet. With a bitcoin wallet app, you carry the key in your pocket that access the digital currency. It's time to consider the Bitcoin wallet app as a fast way of business growth.  

Why use cryptocurrency over Physical money   

  • Fast transactions  
  • Avoid fraudsters  
  • Trustworthiness  
  • Decentralization  
  • Privacy ( transaction are anonymous and fully encrypted)  
  • No transaction fees
       

Types of cryptocurrency Wallet  

  • Web  
  • Mobile  
  • Desktop  
  • Paper  
  • Hardware
       

It would take another long post to explain how each of these works in the crypto-currency world; so we will straight away jump to the topic - what does it take to develop a bitcoin wallet app?  

Features of cryptocurrency/Bitcoin Wallet  

(source:igniteoutsourcing.com)    

  • Conversion Rate  
  • QR Code Scanner  
  • Authorization  
  • Paper wallet import  
  • Personal wallet  
  • Security  
  • Addresses  
  • Push Notifications  
  • Trading service  
  • Exchange rate
       

Since almost every cryptocurrency provides its own e-wallet, you can either integrate some to use for payments or build your own Bitcoin wallet like application.  

Steps to develop a cryptocurrency App  

Top cryptocurrency Wallet Development Companies  

If you are not sure that your development team has the necessary skills or background to code the best bitcoin wallet app, then it is better to outsource them. Here are some top cryptocurrency wallet development companies,  

Top cryptocurrency Wallet Development Companies are:    

Wrapping Up: Developing a bitcoin app could be challenging as there might be many bottlenecks. This could be overcome only through expert advice and skilled professionals. But there is one more critical aspect one can’t ignore for a successful Bitcoin App that is promotion (SEO) and marketing ( PPC Ads).

Contact information
us
BitCot
16870 W Bernardo, Dr #400, San Diego, California 92127
United States
+1 858-683-3692
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