Business over the recent years has evolved tremendously. Several factors are responsible for this tremendous evolution of huge business firms and one of the important factors among them is business technology.
Business technologies such as Artificial Intelligence and Blockchain development have propagated exponential growth of the mega giants in the business. These technologies have created an ease in daily operations for big corporations to focus more on the intrinsic tasks and expand at the same time.
Accubits Technologies Inc, one of the leading blockchain development companies counts among one such names that has made its mark by offering such disruptive digital solutions to the companies. Situated in Vienna, Virginia, the company is led by its Founder and CEO, Jithin VG.
The Visionary Genesis
Accubits is a full-service software provider offering product development and digital transformation services to Governments, Tech start-ups, Fortune 500 companies, and Businesses. The company’s primary focus is on emerging technologies that include Custom Artificial Intelligence development and Blockchain technologies. It enables organizations worldwide to embrace cutting-edge technology solutions.
Accubits helps organizations to be future-proof through data-driven solutions for mobile, cloud, and web platforms. Its vision is ‘to enable 7 billion creative minds with technology and innovations’. The company believes that it is striding into the next phase of human evolution where technology negates the human miseries and where humans can creatively work towards sustaining humanity. It constantly focuses on innovation that gets this future closer to humanity.
In January 2020, Accubits Technologies made its mission announcement to launch the world’s first enterprise blockchain satellite at The Space Technology Conclave organized by the government of Kerala. The mission aims to send a low earth orbit satellite, weighing 12 Kilograms to space for establishing an enterprise blockchain ledger that can enable a secure transactional network for next-generation financial and IoT systems.
Quintessential Digital Business Solutions
Accubits offers a whole wide range of products and services that make running giant businesses easier. Below listed are the services and products that assist huge corporations in sustainable growth.
Products
- CoinFactory is a suite of platforms that includes ICO/STO token issuance platform, whitelabel crypto exchange platform, whitelabel NFT marketplace platform and whitelable crypto wallet application. Coinfactory has successfully launched more than 50 ICOs/STOs. Several crypto exchanges use Coinfactory’s whitelabel exchange platform. Several NFT marketplaces use Coinfactory’s whitelabel exchange platform and several crypto wallet apps use Coinfactory’s whitelabel crypto wallet application. CoinFactory helped Accubits to provide end-to-end support for entrepreneurs who want to launch blockchain based projects. Accubits is able to support them from token-issuance to DApp development.
- Accucerts is a blockchain based certification platform offering digital traceability of the certification process for reliable and authentic certifications. It enables academic, as well as corporate organizations to boost their credibility by issuing certificates that cannot be forged. Certifications powered by Accucerts are registered on a blockchain, cryptographically signed, tamper-proof, and shareable.
S-VYASA, the first-ever yoga university in the world, partners with Accubits Technologies to globalize Yoga by making its courses accessible all around the world, using Accucerts.
- RebuildTheChain is a pandemic management system that can enable governments to effectively curb the pandemic with large scale and automated contact tracing, exposure analysis, spread probability analysis, self-diagnosis, and case management. It also facilitates a digital health card-based access system that can help governments to revive the struggling economy.
The Government of Cameroon is all set to launch a pandemic management system in its effort to curb the spread of the COVID-19 pandemic. The government has signed a contract with Accubits Technologies to use the latter’s pandemic management system software.
The software named RebuildTheChain enables government agencies to effectively curb the spread of any man-made or natural outbreaks, epidemics or pandemics, to protect the citizens and the social and economic fabric of the country.
The platform uses Blockchain technology to issue Digital Health cards. The system assigns health cards to a user based on their recent activities, such as the places they have visited and the people they have interacted with, etc. The health card indicates the threat level of a user in five different colour codes.
- Emotyx is an AI-powered real-time video analytics software that enables businesses to harness intelligent insights from CCTV videos. It enables businesses to automate security surveillance, customer & crowd analytics, people & vehicle counting, facilities tracking, heatmap analytics, and much more.
- Searchyf is an AI-powered multimedia analytics It allows you to pinpoint multimedia content that matches specific conditions, enabling you to search within their multimedia resources.
- REIWAS enables pharma companies to automate the process of Regulatory Change Management. It helps you grow your business faster by processing compliance verification 60 times faster with 100% accuracy. REIWAS enables you to free up human resources from the monotonous job and enable them to engage in more productive tasks.
Services
- Blockchain Development – Accubits is one of the pioneering companies to provide custom blockchain development as a service. It is a pioneer when it comes to custom Blockchain solutions. The company is one of the oldest and most experienced Blockchain developer houses in India.
The experience that the company has in the field of Blockchain technologies is immense. Over the past several years, Accubits has worked with many reputed companies, start-ups and enterprises around the world to make their business more secure and efficient using Blockchain technologies.
Accubits Technologies has won the Frost & Sullivan Award for the ‘Most Promising Blockchain Consumer Application of the Year in Logistics/Supply Chain’. The award was presented at the 16th edition of the 2018 India ICT Awards on June 21st in New Delhi, India.
When it comes to Custom Blockchain development, Accubits is compared with IT company giants like IBM, Accenture, Fujitsu, EY, etc. Several market research reports recognize Accubits as one of the leading Blockchain developers in the world along with these IT giants.
- AI development – From tech start-ups to hospitals, the company’s AI solutions help decision-makers across sectors gain insights and knowledge that was hitherto undiscovered in their operational ecosystem. Accubits builds the tools, secures the channels, integrates the services, and scales-up systems to help you set up a smarter business in no time.
To support its vision to empower humanity to be as creative as it can be, Accubits Technologies has launched an Artificial Intelligence (AI) research lab to accelerate inventions and innovations in the technology and to push the boundaries of AI. This research lab, named Accubits Invent, is located near Technopark Phase 3 in Trivandrum, Kerala. It will focus on creating new IPs and patents in technologies such as Computer Vision, Natural Language Processing, computational analytics, and Artificial Neural Networks.
- Robotic Process Automation – Accubits’ expertise in Robotic Process Automation has helped several businesses and organizations to reduce the requirement of manpower and thereby, to yield higher profit margins. A few of the job automation the company has done for its customers include automated signature forgery detection for a prominent bank in Indonesia, automated report generation for Tokio Marine Holdings, etc.
It is a Platinum Business Partner of Automation Anywhere – the most-deployed automation solution on Earth. It has also established partnerships with leading automation tools like Electroneek, Kryon to help its clients with tailor-made solutions to automate their business processes.
- Product Development – The company’s Custom Product Development services help businesses drive results faster with high performing products. Accubits’ engineers and experienced developers help create rich products and applications that help businesses drive innovation and growth sustainably and edge out their competitors for market dominance.
For satisfying the ever-evolving business needs of its clients, the company uses the latest technology trends like Fault-tolerant super scalable distributed system, Heterogeneous programming, Real-time systems, Docker, Adaptive designs, etc. to guarantee the best output for your business solution
Overcoming Adversities
Accubits is one the first companies to provide custom blockchain development as a service, the blockchain developer community was not very vast. Availability of skilled resources in the blockchain sector was a challenge to the company. The company had to train resources from scratch to meet its requirements, which accounted for a lot of time needed for training and training costs as well, which Accubits provided for.
Even though the pandemic caused the company to operate in ‘work-from-home’ mode, it didn’t really affect operations of the company. The support from the employees helped the company grow even during the pandemic. As blockchain related technologies such as DeFi and NFTs are booming (during the ongoing pandemic phase), the company is able to work with a lot more entrepreneurs and businesses worldwide.
Outlook that Counts
In our conversation with Jithin, we asked him what his advice would be to the budding entrepreneurs who wish to venture into the blockchain management and services sector, to which he replied, “A lot of companies scratch the surface of the technology and make use of already available libraries and codes, to build mediocre solutions and products for their clients. Such companies don’t last far in the game.”
“To be in the game, it is vital to have a strong tech team with a deep understanding of the technology. Deep expertise such that, if needed you should be able to develop an entirely new blockchain protocol or a consensus algorithm or a new blockchain altogether. So, my advice would be you build a strong tech team with a strong understanding about the technology. The rest would fall in the right place at the right time,” expressed Jithin.
Towards a High-Tech Future
Talking about the vision and future goals of the company, Jithin said, “I envision Accubits to be the leading company in the world, that enables other organizations around the world to embrace cutting edge technologies such as Artificial Intelligence and Blockchain. I see Accubits as an enabler, enabling the changemakers with technology and innovations to solve the status-quo they want to change, to make this world a better place. For all of us, for our future generations,” concluded Jithin.
The Changemaker’s Quest
Jithin started Accubits Technologies (www.accubits.com), an AI & Blockchain focused solutions company, with a seed investment of 30,000 USD in 2016 and over a period of 18 months, he grew it into a multi-million-dollar business. He believes that AI & Blockchain have the capability to augment our abilities to innovate and push this world forward for good. Accubits currently has its presence in 12 countries and works mostly with Governments and Fortune 500 companies.
Jithin has also co-founded Accubits ventures, a seed stage PE fund focusing on AI & Blockchain start-ups through which he has invested in 8 companies over the period of 6 months. He also started a Blockchain & AI research lab in Trivandrum, Kerala, to push the frontiers of these technologies. One of his companies – Coinfactory(www.icoplatform.tech) has hosted 13 ICOs and raised over $120 million USD for their customers so far. He has also served as the advisor for several major ICOs.
Jithin has also been featured in Entrepreneur.com as one among Top entrepreneurs to look out for in 2018.
