To secure, store and manage digital identity and data, organisations across the UK, and globally are looking for a secure platform that protects their data which is spread across multiple providers. Blockchain testing is the solution!
Blockchain is often discussed in financial services and cryptocurrencies, but this technology offers a broader range of potential applications. The use case of Blockchain technology is picking up pace in various industries and segments. A recent World Economic Forum report predicts that by 2025, 10% of Global Gross Domestic Product (GDP) is stored on Blockchains or Blockchain-based technology. This means Blockchain technology is probably something that every business should leverage.
Blockchain collects data into Blocks, and Chains the data together using cryptography, enhancing the data security. The basics of Blockchain are explained below
POTENTIAL USE CASES OF BLOCKCHAIN ACROSS VARIOUS INDUSTRIES IN UK
Banking or bitcoin is just the beginning for Blockchains. In the future, Blockchains that manage and verify online data could enable to launch companies that entirely run their businesses through algorithms and automation, such as making self-driving cars safer, helping protect digital identities and even track billions of devices on Internet of Things (IoT). These technology innovations will help change lives in big ways, and it’s all just beginning. Here are some major potential use cases across the various industries that Blockchain could transform.
Finance
INSURANCE
HEALTHCARE
MANUFACTURING SUPPLY CHAIN
RETAIL
MEDIA & ENTERTAINMENT
COMMUNICATIONS
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Validating and verifying the adoption of Blockchain technology comes with a number of inherent challenges because there is a significant change in the technology itself. In addition to standard testing and validation such as Functional Testing, Non-Functional Testing, Performance Testing, Security Testing and Integration Testing, testing teams also need Specialized Testing Capabilities, such as Smart Contract Testing and Peer/Node Testing. Common challenges seen in testing Blockchain applications include:
Lack of skills or experience in developing Blockchain applications is one of the biggest challenges in the Blockchain space. Learning additional skills or understanding the best practices to implement Blockchain applications are pricey.
Implementing Blockchain is all about tools, especially when it comes to testing Blockchain-based applications/products. If you don’t have the right set of tools, you are likely to fail. Testing Blockchain applications requires a mixed toolset which comes with a focus on Bitcoin, and a range of Etherium tools.
Not just technical expertise, having legal expertise is also crucial for Blockchain adoption. Developers without a strong ability to conceptualise, standardize and abstract complex concepts in Blockchain lead to a number of issues in the Blockchain space.
Testing is given less significance over programming, resulting in developing a Blockchain application development environment with less or no dedicated testers to explore and evaluate Blockchain product. The testing strategy that is being implemented is sub-optimal leads to inefficient testing of Blockchain application, which is either tested repeatedly or not at all.
Implementing Blockchain without the utmost care as a regular wallet carries a high asset risk to organisations or users. This is because Blockchain transactions are irreversible. Not having controls in place to avoid redundancy and provide additional safety is the biggest challenge seen in this space.
Along with standard testing, tools and the best practices in place, testing for block size and chain size are also essential. Without proper validation of block size and chain size leads to failure of Blockchain applications.
Failing to test for performance and load testing gives little or no insight into how the Blockchain application performs in both production as well as under specific workloads and network conditions.
In Blockchain applications, Bitcoin, consistency is not achieved simultaneously with Availability and Partition Tolerance. Shifting to strong consistency often comes with a range of challenges.
Lack of security testing leads to developing Blockchain applications that are vulnerable to attacks at network level, user-level and mining level.
TESTINGXPERTS’ SPECIALIZED OFFERINGS FOR BLOCKCHAIN
OUR APPROACH
TestingXperts follows the below-proven approach to address Blockchain challenges and uses specialized testing capabilities for successful Blockchain application testing.
Resources
Blockchain Process Assurance
The key to successfully adopting Blockchain technology is based on a well-balanced approach/plan to implement the design and validation of Blockchain.
Robust Blockchain Testing Strategy
We consider the full test strategy plan involving Use Cases Map, Test Execution and Result Verification as well as methodology to conduct standard and specialized testing of your Blockchain applications.
Insight Utilization
We use extensive reports, metrics and insights that help in making better decisions for release.
Excellent Knowledge
Our testers with highly specialised skills of Blockchain testing ensure an effective Blockchain process for quality assurance.
Domain Experience
TestingXperts’ QA engineers have worked on UK-based business processes in various domains of Blockchain applications that most development teams lack.
Risk-Based Testing
From pre-release simulation in the Smart Contract Testing to the fundamental QA support of the core Functional Testing, we involve test engineers on each project stage to mitigate the risks and lower the client’s TCO.
Understanding Testing Tools
Our experts have worked with an extensive range of tools and testing frameworks, such as Etherium tools, Ropsten, Rinkeby, Kovan, Populus, Ethereum Tester, BitcoinJ, Truffle, Embark, IBM hyperledger and more to help clients achieve business objectives and TCO savings on testing their Blockchain applications.
Improved Time-to-market
We also test cryptographic data, digital data transmission and more. We leverage our ready-to-deploy test automation framework, Tx-Automate to achieve a minimum of 20% improved time-to-market.
At TestingXperts, we strongly believe in adopting newer methodologies, blending with UK based business objectives, and working in an agile environment to drive quality at speed. We can help you with all your Blockchain-based application related testing needs. Fill your details at contact us page, our experts will get back to you soon!