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Verified Profile
At Deqode, our purpose is to help businesses solve complex problems using new-age technologies. We are industry leaders in blockchain solutions and we leverage our deep industry knowledge and technical expertise to optimise business processes, maximize impact and foster business growth. We are driven by our passion to innovate and create solutions that inspire the future.
Locations
India
603 Platinum Square, Opposite Weikfield IT Citi Info Park,
Pune,
Maharashtra
411014
+91 731-407-7574
India
Tower 61, 1st & 3rd floor,
Indore,
Madhya Pradesh
452014
+91 731-407-7574
United States
3411 Silverside Road, Tatnall Building Ste 104,
Wilmington,
Delaware
19810
+1 347-809-6804
UAE
Deqode Softech - FZCO, DSO-IFZA, IFZA Properties Dubai Silicon Oasis UAE,
Dubai,
Dubai
Featured Review
Michael Serres, Founder and CEO at bitfolios
Posted on Apr 15, 2019
I highly recommend Deqode for advanced developments
Review Summary
I am Michael Serres, Founder for bitfolios.com. I am using Deqode services for last 3 months. I am highly satisfied with their services. I liked they have skilled resources on current technologies, modern front end frameworks, blockchain and artificial intelligence. I will recommend them to everyone looking for similar services.
I recommend speaking to Latha Sharma, CMO at Deqode.
I recommend speaking to Latha Sharma, CMO at Deqode.
Focus Areas
Service Focus
- Blockchain Technology
- Web3
Client Focus
- Medium Business
- Small Business
- Large Business
Industry Focus
- Financial & Payments
- Healthcare & Medical
- Enterprise
Deqode Executive Interview
Ankur Maheshwari
CEO
Please introduce your company and give a brief about your role within the company?
We are a group of blockchain experts and business professionals committed to accelerating the implementation of blockchain solutions globally. We have been delivering end-to-end customized blockchain solutions to different verticals like finance, healthcare, and energy for the past few years. Our clientele is spread across the United States, Europe, and Singapore. Our consultants and developers work on providing solutions using state-of-the-art blockchain technologies, including Hyperledger Fabric, Ethereum, EOSIO, and Graphene.
Personally, I lead Deqode’s corporate and development work. Over a career spanning two decades, I have provided advisory support to a broad range of institutions, including payments providers, asset managers, healthcare providers, and supply chain organizations.
Personally, I lead Deqode’s corporate and development work. Over a career spanning two decades, I have provided advisory support to a broad range of institutions, including payments providers, asset managers, healthcare providers, and supply chain organizations.
How does your company differentiate itself from the competition?
Deqode offers a complete portfolio of enterprise blockchain solutions to rapidly integrate the technology with existing business processes and accelerate digital innovation journey. From ideation to deployment, we help our customers build the future of decentralized technology. Our rich industry experience and distributed ledger expertise paired with robust integration competence helps in providing end-to-end blockchain application development services where we conceive, design and test real-world blockchain applications while addressing important aspects such as interoperability, scalability and business process re-alignment across network participants.
What industries do you generally cater to? Are your customers repetitive? If yes, what ratio of clients has been repetitive to you?
We are known for our work in financial services, supply chain, and telecom industry. We do have repetitive customers, which form nearly 60% of our client base.
Please share some of the services that you offer for which clients approach you the most for?
The services that we receive the most traction in are:
• Blockchain and DLT solutions
• Cryptocurrency solutions (wallet and exchanges)
• Dapp development
• Smart contract and auditing
• STO launch
• Blockchain and DLT solutions
• Cryptocurrency solutions (wallet and exchanges)
• Dapp development
• Smart contract and auditing
• STO launch
Which platform do you prefer to use when developing a blockchain application? Why?
Our proprietary BIF (Blockchain Identification Framework) model helps us to choose a platform that suits our customers’ needs the best. Ranging from Graphene, Hyperledger Fabric, Ethereum, EOSIO, we use the platform that fits our customers’ requirements the best.
What tech stack and tools do your developers use?
We shape our clients’ vision using different JS frameworks and implement blockchain technology and DLT using IBM Hyperledger, EOSIO, Blaze Protocol, Graphene, Corda, etc. Our specialty lies in custom blockchain development for our clients and integration of AI - for which we harness the power of multiple programming languages ranging from C++ to Python.
Are open source, decentralized protocols going to be more significant than their web equivalent?
We can easily see a very high degree of digitization happening in our lives. Thus, it is not far when we would have the machines talking to each other via a mix of technologies that encompass IoT, Cloud and Machine learning. Open source decentralizes protocol would then present and construct the trust layer over which these devices would communicate and execute specific contracts with each other. Having said that, the web equivalent would continue to remain as they provide a separate business function all together than the decentralized protocols.
What scalability and throughput challenges are there with blockchain? What solutions would you suggest?
At Deqode, we acknowledge that pretty much the biggest issue standing in front of mass adoption of the technology is scalability. For instance, Bitcoin supports only about ten transactions per second, and one of the solutions by a huge enterprise claims to have 2000 transactions per seconds. But these speeds will do nothing for the volumes of data traditional companies exchange, irrespective of any use-case.
We recognized this back in 2015, and our research wing at Deqode started taking this issue head-on. We started with a prototype for one of our customers that was capable of doing 18000 transactions per second, and the solution, which was based on a sub-chain and parent chain concept, worked so well that we developed an entire patented blockchain: Blaze Protocol. Blaze is the only decentralized protocol that scales as you add more machines and nodes to it. This allows Blaze to achieve theoretically infinite throughput.
We recognized this back in 2015, and our research wing at Deqode started taking this issue head-on. We started with a prototype for one of our customers that was capable of doing 18000 transactions per second, and the solution, which was based on a sub-chain and parent chain concept, worked so well that we developed an entire patented blockchain: Blaze Protocol. Blaze is the only decentralized protocol that scales as you add more machines and nodes to it. This allows Blaze to achieve theoretically infinite throughput.
Will the success rate of ICOs be better or worse than tech start-ups?
I cannot deny that the fail rate of ICOs is pretty high, but so is with the tech companies who use traditional funding methods. Now, at this point in the game, the success of ICOs is surprisingly better than the success rate of the tech startups. This is mainly due to a vacuum of regulations enabling a proliferation of scams. In the future, I can see how the success rate of ICOs will fall to be closer to the actual success rate of the startups, as the whole industry gets smarter.
What are the key factors that you consider before deciding the cost of a project?
• Scope and Technical complexity of a project
• The staffing need for the project in terms of the number and experience of the resources needed.
• Future support and maintenance needs.
• The staffing need for the project in terms of the number and experience of the resources needed.
• Future support and maintenance needs.
What kind of payment structure do you follow to bill your clients?
We generally follow three models:
1) A fixed scope, milestone-based payment structure.
2) Time and material engagement
3) A combination of both.
1) A fixed scope, milestone-based payment structure.
2) Time and material engagement
3) A combination of both.
Deqode Clients & Portfolios
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Deqode Reviews
11 Reviews
- All Services
- Blockchain Technology
- Relevance
- Most Recent
- Rating: high to low
- Rating: low to high
William Reyes
Posted 5 months ago
Optimize their platform to manage heavy demands and traffic
Review Summary
As a healthcare enterprise, we cannot speak highly enough of the exceptional work that deqode has done for us in developing our product. From the very beginning of the project, the deqode team demonstrated a deep understanding of our goals and requirements and worked tirelessly to ensure that the end product met and exceeded our expectations.
What sets deqode apart is their commitment to excellence and their ability to think outside the box. They were not content to simply meet our initial requirements; instead, they continually pushed the boundaries of what was possible to deliver a product that was innovative, user-friendly, and highly effective.
What sets deqode apart is their commitment to excellence and their ability to think outside the box. They were not content to simply meet our initial requirements; instead, they continually pushed the boundaries of what was possible to deliver a product that was innovative, user-friendly, and highly effective.
What was the project name that you have worked with Deqode?
Largest Telemedicine Company in the US with $120 Million IPO
Describe your project in brief
Challenges: Optimize their platform to manage heavy demands and traffic Prepare the platform for SOC 2 certification Deploy multi-account AWS environment Solution: Crafted a virtual clinic with automated patient management and features such as preliminary screening via a chatbot Deployed a multi-account AWS environment to provide granular, organized, and secure control over workloads Assisted the team in preparing the platform for SOC 2 certification with our backend and DevOps expertise Optimized the platform to reduce the latency of heavy queries from 70 seconds to under 40 milliseconds Tech stack: AWS, CircleCI, React Native, Kotlin, Python3.7, React, Angular Impact: 150% reduced heavy queries 50% increased operation efficiency 3x growth in the number of users
What is it about the company that you appreciate the most?
Communication, culture fitment and prices are worth the money.
What was it about the company that you didn't like which they should do better?
We liked everything
Adam Meghji, Co-founder & CTO at at Peggy
Posted on Aug 19, 2021
We especially appreciate their expertise in Ruby on Rails
Review Summary
Ankur and team are my go-to experts for full-stack software development. I have worked with them now on multiple projects, as well as referred several clients, and would happily recommend them again. Currently, Deqode is assisting us with engineering across our entire tech stack, including front-end mobile (Flutter), backend API (Ruby on Rails), and platform (Terraform & AWS). We consider Ankur to be a trusted partner of ours, and know that when he is able to place someone from this team with an open role, we're getting the best. We especially appreciate their expertise in Ruby on Rails, and have worked with a number of seasoned backend developers there, while also leveraging their skilled frontend mobile talent. Great company.
What was the project name that you have worked with Deqode?
Full Stack Development
Shingo Lavine
Posted on Oct 27, 2020
Development of Multi-blockchain API System (Ethos Bedrock)
Review Summary
Role: Founder & CEO at Ethos.io (Acquired by Voyager Digital, Investvoyager.com)
Ankur and his team were an essential part of building Ethos Bedrock - a sophisticated, high-performance multi-blockchain API system which powered our retail product with over 100,000 customers globally. Deqode's team worked closely with our own team internally to supplement our development efforts. We quickly realized that Deqode is not just another offshore development firm, but an essential supplement whose team members would work side-by-side with our own. With Deqode's help we were able to successfully build and deploy a sophisticated piece of technology that powered a global retail product and was eventually acquired by Voyager Digital (investvoyager.com) a publicly-traded crypto asset broker. Deqode's team and work was crucial to this success and will always come highly recommended.
Ankur and his team were an essential part of building Ethos Bedrock - a sophisticated, high-performance multi-blockchain API system which powered our retail product with over 100,000 customers globally. Deqode's team worked closely with our own team internally to supplement our development efforts. We quickly realized that Deqode is not just another offshore development firm, but an essential supplement whose team members would work side-by-side with our own. With Deqode's help we were able to successfully build and deploy a sophisticated piece of technology that powered a global retail product and was eventually acquired by Voyager Digital (investvoyager.com) a publicly-traded crypto asset broker. Deqode's team and work was crucial to this success and will always come highly recommended.
Elena Savvides, Head of HR and Operations at at Decentalized Vision Limited
Posted on Oct 22, 2020
Highly recommended
Review Summary
I would Highly recommend Deqode to our partners, for the services provided. For the past couple of years i have worked hand in hand with Deqode to assist us with numerous services and projects. At no one time have they failed our company, and they have always been on time, making them a reliable partner to us.
Anish Jain, Founder & Chief Executive Officer at at WadzPay
Posted on Oct 01, 2020
Development of Blockchain Based Payment Solutions
Review Summary
We have been working with Deqode for over a year. We are extremely satisfied with there professionalism and over all approach towards enabling solutions for clients.
The skillset of the Deqode team is second to none.
They have always delivered on time and take on feedback very well.
Highly recommended.
The skillset of the Deqode team is second to none.
They have always delivered on time and take on feedback very well.
Highly recommended.
Azhar Othman
Posted on Aug 28, 2020
Development of Energy Intelligence Platform
Review Summary
They have been very supportive and professional in ensuring our platform be developed correctly and timely.
What is it about the company that you appreciate the most?
Prompt and professional service
Liesel Vaidya
Posted on Aug 25, 2020
Great Experience
Review Summary
The Deqode team has been wonderful to work with. They're highly skilled with blockchain, modern frameworks and provide clear roadmaps allowing early stage startups like ours to build and scale faster. They're super efficient and have great communication!
What is it about the company that you appreciate the most?
Great communication, skill and turnaround time.
La Vance Dotson
Posted on Jul 21, 2020
Your Tech Team
Review Summary
I was introduced to Deqode through a colleague. And have had the pleasure working with Latha, Vishal, and Narendra. What this organization excels in is listening to what you want completed and getting it done. I consider them my tech team because of the care and support that I've felt from them over the last several months. Especially as a first time founder. I've had great feedback from them, based on their experience, as to what to build now versus later and vice versa. They are a great sounding board and they know how to help you achieve what you want from both a front end and back end experience. If they continue with this type heart and approach with their clients, they'll easily grow into the one of (if not, top) the top development firms in India. Having done project with oversees vendors in the past, Deqode ranks at the top of my list. I continue to look forward to working with Latha, Vishal, & the Team.
What is it about the company that you appreciate the most?
Their willingness to listen, take notes, and integrate what you're asking. As well as their thoughtful feedback throughout the development process. It feels like they come alongside you as a partner to your business to help you succeed.
What was it about the company that you didn't like which they should do better?
One area they can grow in is project timeline completion.
Michael Serres, Founder and CEO at bitfolios
Posted on Apr 15, 2019
I highly recommend Deqode for advanced developments
Review Summary
I am Michael Serres, Founder for bitfolios.com. I am using Deqode services for last 3 months. I am highly satisfied with their services. I liked they have skilled resources on current technologies, modern front end frameworks, blockchain and artificial intelligence. I will recommend them to everyone looking for similar services.
I recommend speaking to Latha Sharma, CMO at Deqode.
I recommend speaking to Latha Sharma, CMO at Deqode.
Rashid Oukhai, CEO & Founder PECULIUM at Peculium
Posted on Apr 01, 2019
Blockchain Development services
Review Summary
I would undoubtedly recommend Deqode for their Blockchain Development services. Their vision, ambition and flexible approach are truly inspirational. The service and support given to us by Deqode over the period have been impeccable. Deqode operates a multiskilled and efficient team of blockchain experts who ensure that products and services delivered are amongst the most innovative in the industry. Deqode’s dedication in providing us with assistance and support in a timely and efficient manner is commendable.
Ishpreet Saluja
Posted on Jan 29, 2019
The best blockchain solutions.
Review Summary
A knowledgeable experience through which one can learn a lot.