Knackroot TechnoLabs LLP

Blockchain Development Company
5.0 (5 Reviews) Write a Review
Overview
$50 - $99/hr
10 - 49
2017
Knackroot TechnoLabs is an IT consulting and solution provider of next-gen business collaborate with customers across the world. With tremendous experience, comprehensive intelligence system across diverse industries and domains, we work with customers to turn them into most successful and high-performance organizations. Established in 2017, Knackroot TechnoLabs is headquartered at Ahmedabad, India with presence in Canada, Australia and the USA. The commitment to qual

Knackroot TechnoLabs is an IT consulting and solution provider of next-gen business collaborate with customers across the world. With tremendous experience, comprehensive intelligence system across diverse industries and domains, we work with customers to turn them into most successful and high-performance organizations.

Established in 2017, Knackroot TechnoLabs is headquartered at Ahmedabad, India with presence in Canada, Australia and the USA. The commitment to quality and the spirit to innovate has made us serve over 20+ clients across 7 countries with 100% client retention.

Knackroot TechnoLabs continues to fuel technological innovations in multiple verticals. The company’s service offerings include Blockchain Consulting, Machine Learning Consulting, Data Science Consulting, Digital Transformation and Connected IoT Solutions across various Cloud Platforms, including AWS and Azure.

Knackroot TechnoLabs’ IT and business services help clients who comprise the current world economy, right from small-medium businesses to the most successful global Organizations. Our objective is to deliver robust, scalable, viable and quality solutions while adhering to strict deadline.

Key Clients
  • Bravocoin
  • Next Exchange
  • Aeco Pacific
  • Zcoin
  • Cresset Group
in
India
Knackroot TechnoLabs LLP
Connekt 13th Floor, Gala Empire, Drive-In road, Ahmedabad, Gujarat 380052
+91-9898777397
Focus Area
Service Focus
  • Artificial Intelligence
  • Big Data & BI
  • Blockchain Technology
  • Mobile App Development
  • Software Development
20%
20%
20%
20%
20%
Client Focus
  • Small Business(< $10M)
  • Medium Business($10M - $1B)
70%
30%
Industries Focus
  • Financial & Payments
  • Government
  • Healthcare & Medical
  • Retail
  • Telecommunication
60%
10%
10%
10%
10%
Customer Reviews
5.0 (5 Reviews)

Trustworthy and reliable. Achieves desired results

Ben Dudley
posted on 20/8/19
I have worked with Knackroot since 2017.

The team have successfully completed a number of projects that have delivered tools that we use in our business every day.

For example, on one project, due to the number of clients we represent and the value of the transactions we process, the requirement to correctly allocate transactions to each client is imperative.

Knackroot overhauled our process to enable its completion in 10% of the time it previously required and with 99.9999% accuracy.

Based on our ongoing satisfaction with Knackroot, we recommend them for being trustworthy and reliable.

What is it about the company that you appreciate the most?

Trustworthy, reliable, deliver results

Project Details
Software Development
posted on 20/8/19
  • Quality of deliverable
  • Value for money
  • Customer support
  • Overall ratings

Hard working, Built a Electum wallet for my coin and I am very satisfied

rhyan garrison
posted on 7/10/19
I worked the most with Ronak and he was able to communicate with me on a daily basis of the progress of his work, He is good at taking feed back and following up with the needs of the project . Programming was Ronak has good skill and knowledge of the coin we was working on and my team has really benefited from the work they produced.
Project Details
Blockchain Technology
posted on 7/10/19
  • Quality of deliverable
  • Value for money
  • Customer support
  • Overall ratings

Pleasure Working with Knackroot

Adam Barlam
posted on 6/6/19
It was a pleasure to work with Knackroot TechnoLabs for blockchain related development tasks. They have an excellent understanding of core competencies, excelled at communication between team members, organization, and meeting and exceeding deadlines. They were adept to learning new skills, and had a strong capacity to identify multiple solution paths when presented with problems.
Project Details
Blockchain Technology
posted on 6/6/19
  • Quality of deliverable
  • Value for money
  • Customer support
  • Overall ratings

Good job

Vasudha Bhushan
posted on 17/6/19
Knackroot TechnoLabs LLP understood our requirements well and implemented accordingly. They had excellent technical skills to complete the job. They communicate well on the status, progress and any issues faced. They have collaborated well with the team to complete the status.
Project Details
Software Development
posted on 17/6/19
  • Quality of deliverable
  • Value for money
  • Customer support
  • Overall ratings

Superb blockchain developers

Christiaan van Steenbergen⚡️
posted on 19/6/19
Knackroot is a very good company for blockchain development. They build for us a complete blockchain environment from testnet to mainnet with masternodes. All their communications are clear and they are always available when needed. Top rated!

What is it about the company that you appreciate the most?

To the point and great working mentality.

What was it about the company that you didn't like which they should do better?

All went very well with our developments, so I have at this moment no points of improvement.

Project Details
Blockchain Technology
$10001 to $50000
posted on 19/6/19
  • Quality of deliverable
  • Value for money
  • Customer support
  • Overall ratings
Executive Interview
Ronak Patel
Ronak Patel
CEO & Co-Founder, Knackroot TechnoLabs LLP
Please introduce your company and give a brief about your role within the company?
Knackroot Technolabs is  a  leading blockchain development company, which has marked their presence in the IT industry for helping their clients understand and leverage the potential of blockchain technology. With tremendous experience, comprehensive intelligence system across diverse industries and domains, we work with customers to turn them into most successful and high-performance organizations.

Established in 2017, Knackroot Technolabs is headquartered in Ahmedabad, India with presence in Canada, Australia and the USA. The commitment to quality and the spirit to innovate has made us serve over 20+ clients across 7 countries with 100% client retention.

Knackroot Technolabs continues to fuel technological innovations in multiple verticals. The company’s service offerings include Blockchain Consulting, Blockchain Development, Public and Private Blockchain, Blockchain Enterprise Solutions, Smart Contracts Security and Audit.

Knackroot Technolabs’ IT and business services help clients who comprise the current world economy, right from small-medium businesses to the most successful global Organizations. Our objective is to deliver robust, scalable, viable and quality solutions while adhering to strict deadlines.

I am a CEO and Co-Founder at Knackroot. My primary role is to define business strategies,  company’s overall direction, engineering function, technology management, talent nurturing and leadership enabling & team building.
How does your company differentiate itself from the competition?
We are pioneers in Gujarat when it comes to bring Blockchain Technology for development of products, services and platforms. Using Blockchain, we bring decentralization, immutability, transparency, data integrity, efficiency, cost reduction and cryptographically security to the sectors we develop the products for. It not only benefits the customer but also the end user by bringing transparency and security. We have already applied Blockchain Technology in Financial Services, Healthcare, Charity and Gaming Industry.
What industries do you generally cater to? Are your customers repetitive? If yes, what ratio of clients has been repetitive to you?
Industries we cater to:
1. Financial Services
  • Corporate Bonds (Trade & Settlement)
  • Cross Border Payments
  • Global Remittance
  • P2P Payments
  • Trade Finance
2. Energy, Communication and Services
  • Cargo Assurance
  • Demurrage and Claims
  • Wholesale Energy Supply
3. Insurance
  • Commercial Insurance & Reinsurance
  • P2P Insurance
  • Subrogation
4. Healthcare and Life Sciences
  • Health Records
  • Pharma Supply Chain Transparency
  • Provider Data Management
5. Agri-Business
  • Farm Equipment Sharing
  • Post Harvest Produce Logistics
  • Verifying Product Integrity and Authenticity
6. Aero
  • Airplane damage tracking
  • IP Management for component design
7. Manufacturing and Hi-Tech
  • Inventory Visibility
  • Parts Provenance
  • Service Order Shipment
8. Retail and CPG
  • Distributed Marketplace
  • Food Safety in Supply Chain
  • Inventory Tracking
  • Loyalty Reward Points
Yes our client retention rate is more than 90%.
Please share some of the services that you offer for which clients approach you the most for?
  • Blockchain Development
  • Blockchain Consulting
  • Enterprise Solutions on Blockchain
  • Smart Contracts Development
  • Public Blockchain
  • Private/Permissioned Blockchain
  • Smart Contracts Security & Audit
  • dApp Development
  • Cryptographic Wallets
  • STO
Which platform do you prefer to use when developing a blockchain application? Why?
Depending upon the requirements, we prefer using below platforms:
  • Bitcoin
  • Ethereum
  • Hyperledger
  • Graphene
  • R3’s Corda
  • Quorum
  • EOS
What tech stack and tools do your developers use?
Languages: C++,  GoLang, Javascript, Python, PHP, Objective C
Frameworks: NodeJS, AngularJS, Qt, React, Swift, ElectronJS, C++ Boost
Tools: Docker, VS Code, Jenkins, Kubernetes, Git, JIRA, Doxygen, Confluence
Are open source, decentralized protocols going to be more significant than their web equivalent?
Yes definitely.
What scalability and throughput challenges are there with blockchain? What solutions would you suggest?
The biggest challenge in Blockchain are limited rate of transactions and overall blockchain size. Paypal manages 193 transactions per second and Visa manages 1667 transactions per second, Ethereum does only 20 transactions per second while bitcoin manages a whopping 7 transactions per second. Lightning network, Light wallets, Energy saving and fast consensus algorithms, increasing block size, off-chain tricks, IPFS protocol are the key concepts to solve all these challenges.
Will the success rate of ICOs be better or worse than tech start-ups?
ICOs are unregulated crowdsale events that blockchain-crypto start-ups utilize. Due to its unregulated nature, most of ICOs fail within 4 months. Unlike an ICO, STO comes with an underlying investment asset, like stocks, bonds, funds or real estate investment trusts (REIT). STO are registered with required government bodies, meet all the legal requirements and are 100% lawful. STO will replace ICO and its success rate will be better than tech start-ups.
What are the key factors that you consider before deciding the cost of a project?
  • Complexity
  • Quantum of work
  • Project Duration
  • Technologies
  • Team Size
What kind of payment structure do you follow to bill your clients?
  • Time-and-Materials
  • Fixed Price Contracts
What is the price range (min and max) of the projects that you catered to in 2018?
10000 USD - 300000 USD.
Kindly share your feedback on how GoodFirms has been doing so far in increasing your visibility among potential clients.
GoodFirms is the most prominent, efficient and well-performing platform. It really helps to generate genuine leads.