Knackroot TechnoLabs LLP

Blockchain Development Company

5.0 7 Reviews
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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.

$50 - $99/hr
10 - 49
2017
Locations
India
Connekt 13th Floor, Gala Empire, Drive-In road, Ahmedabad, Gujarat 380052
+91-9898777397

Focus Areas

Service Focus

50%
50%
  • Blockchain Technology
  • Web3

Client Focus

70%
30%
  • Small Business
  • Medium Business

Industry Focus

60%
10%
10%
10%
10%
  • Financial & Payments
  • Government
  • Healthcare & Medical

Knackroot TechnoLabs LLP Executive Interview

Ronak Patel
Ronak Patel
CEO & Co-Founder
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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.

Knackroot TechnoLabs LLP Reviews

5.0 7 Reviews
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Mooning Monkey

Experience and Expertise: Highly Skilled Blockchain Developers Deliver High-Quality Services and Deliverables.

Rating Breakdown

  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

Project Detail

$50001 to $200000
Completed

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Review Summary

I cannot say enough good things about the exceptional service provided by Knackroot.com. Their team is highly knowledgeable and experienced in blockchain development, which makes them the perfect choice for any project in this field. They consistently deliver high-quality products and always meet deadlines. I highly recommend Knackroot.com to anyone seeking blockchain development services.

What was the project name that you have worked with Knackroot TechnoLabs LLP?

The Mooning Monkey Project: MooningMonkey.com

What service was provided as part of the project?

Blockchain Technology

Describe your project in brief

The project involved building an entire blockchain game platform with multichain access and NFT staking capabilities. The platform was designed to provide users with a great gaming experience, while also leveraging blockchain technology for enhanced security, transparency, and fairness.

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

Exceptional service: The company provides exceptional service to its customers, as evidenced by the positive review.

Highly knowledgeable and experienced team: The company has a highly knowledgeable and experienced team, which is crucial for delivering high-quality b

Consistently delivers high-quality products and meets deadlines: The company consistently delivers high-quality products and meets deadlines, which is

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

The company's pricing may be comparatively higher than that of some competitors in the market, which could make it less accessible to certain customer

Because the company places a strong emphasis on delivering high-quality projects, their turnaround time may be longer than that of other service provi

Clients may need to possess technical knowledge and understanding to fully appreciate and engage with the company's work, which could be a potential b

Malik B.

Dedicated blockchain developers deliver the perfect end product. Highly recommended.

Rating Breakdown

  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

Project Detail

$50001 to $200000
In Progress

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Review Summary

I am absolutely thrilled with the exceptional blockchain development services provided by Knackroot.com. Their team has an outstanding level of knowledge and expertise in this cutting-edge technology, making them the best choice for any type of blockchain project.

What sets Knackroot apart from other service providers is their attention to detail and their unwavering commitment to meeting deadlines and delivering high-quality products. Their ability to execute complex projects with ease is truly impressive.

I have worked with several service providers in the past, but my experience with Knackroot.com has been outstanding. They consistently exceed my expectations and have delivered exceptional service every time.

Overall, I highly recommend Knackroot.com to anyone looking for top-notch blockchain development services. Thank you for your exceptional work, and I look forward to working with you again in the future.

What was the project name that you have worked with Knackroot TechnoLabs LLP?

Orbitium Network - Start Earning Free Crypto from Day 1

What service was provided as part of the project?

Blockchain Technology

Describe your project in brief

Orbitium is revolutionizing the world of DeFi with its innovative Social DeFi app. As the world's first of its kind, Orbitium offers users a simple and technologically advanced way to earn passive income from day one.

With just a click of a button, anyone can start earning rewards through the Orbitium mobile app, even if they're new to the world of cryptocurrency. You can begin your journey towards financial freedom with confidence, thanks to Orbitium's user-friendly interface and helpful guidance every step of the way.

Just download the Orbitium mobile app and start earning crypto rewards.

Orbitium.com

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

Highly skilled and knowledgeable blockchain development team with expertise in various aspects of the technology.

Exceptional attention to detail and strong focus on delivering high-quality products to clients.

Consistent adherence to project deadlines and efficient project management processes to ensure timely delivery.

Excellent communication with clients, with a strong willingness to provide guidance and support throughout the entire development process.

Strong commitment to innovation and staying up-to-date with the latest trends and advancements in blockchain technology

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

Pricing may be higher compared to some competitors in the market, making it less accessible to some.

Due to their strong focus on quality, their projects may have a longer turnaround time compared to other service providers

Their work may require some technical knowledge and understanding from clients to fully appreciate and engage with it, which can be a barrier for some

rhyan garrison

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

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  • Schedule & Timing
  • Communication
  • Overall Rating

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Review Summary

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.

What service was provided as part of the project?

Software Development, Blockchain Technology

Ben Dudley

Trustworthy and reliable. Achieves desired results

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  • Schedule & Timing
  • Communication
  • Overall Rating

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Review Summary

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 service was provided as part of the project?

Software Development

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

Trustworthy, reliable, deliver results

Christiaan van Steenbergen⚡️

Superb blockchain developers

Rating Breakdown

  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

Project Detail

$10001 to $50000

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Review Summary

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 service was provided as part of the project?

Blockchain Technology

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.

Vasudha Bhushan

Good job

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  • Schedule & Timing
  • Communication
  • Overall Rating

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Review Summary

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.

What service was provided as part of the project?

Software Development

Adam Barlam

Pleasure Working with Knackroot

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  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

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Review Summary

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.

What service was provided as part of the project?

Blockchain Technology, Software Development