The global Web3.0 Market is projected to grow to $5.5 billion by 2030, at a CAGR of 44.9 percent according to Markets and Markets. The overall ecosystem is evolving technologically with fields like blockchain, AI, and advanced programming to achieve decentralization. The shift from Web2 to Web3 applications and processes is still in the nascent stages in India where we can see that mainstream Web2 applications like Telegram are slowly making way for other technologies to enter the market. There has been an emergence of many young entrepreneurs who are trying to leverage Web3 applications and technologies and create domain specific applications for future generations.

However, there are various challenges these entrepreneurs face while doing so. The process of going from an idea to introducing the application to the market involves many critical steps such as development, testing, auditing, deployment, amongst others. Time is of the essence in this regard, as all these steps, if done manually, can take a very long time to get to the market. To eliminate these time constraints, Accelchain has created a gen AI based devops platform for developers to automate the complete software development life cycle of building and deploying an application. It is one of the very few platforms in the market to automate Web3 application development and this very aspect makes the company stand apart from everyone else.

The company extensively leverages AI to automate each process involved in Web3 (and potentially Web2) application development. It provides all the right tools fortified with AI to create better applications. “Many times, developers find it hard to get their applications tested and audited in a timely and economical fashion. Leveraging AI, Accelchain automates each of these processes to deliver exhaustively tested and audited applications in a fraction of the time compared to getting them done through audit

firms, while still maintaining the same high quality. The platform can deliver in two weeks what would otherwise have taken three months”, mentioned Krishna Srinivasan, Co-Founder, Accelchain.

Security and Compliance

The web world is being constantly attacked by unethical hackers that make security and compliance with regulatory guidelines one of the most important aspects of application development. To create a definitive process so that security is not compromised, audits and comprehensive testing of Web3 contracts and applications are a must. Accelchain is a one-of-a kind solutions provider in this domain which provides AI tools for application testing and cybersecurity. In this regard, it is worth mentioning that testing is domain specific and can vary from domain to domain. This company has a wide range of AI testing solutions that can be applicable to any industry and domain. “Our systems can scan for vulnerabilities in applications before deployment and can also continuously monitor them during runtime, irrespective of the type of application or its domain”, said Krishna.

Coding is indeed necessary for application development but the kind of platform developed by Accelchain has brought down that necessity to the bare minimum

Ease of Use

There are many instances in the industry where product managers and folks from non-engineering backgrounds want to develop applications. They may not possess the required programming skills but have ultimate vision for what kind of application they want to build. Indeed, an engineering team can be set up for the development, but Accelchain offers an alternative to that by offering a no code solution that can bring ideas to life. Coding is indeed necessary for application development, however, Accelchain has significantly brought that down to the bare minimum. In other words, it’s an easy-to-use platform for coders and non-technical people alike and this is another aspect that gives it a universal outlook and makes it highly adopted. “Accelchain’s AI rigorously monitors and validates applications and ensures that they are bug-free during the time of deployment. It also provides assurance of the created application meeting the ISO 27001 standards and being completely secure for deployment”, stated Krishna.

Plans for Expansion

The company has earned considerable trust and acknowledgment in the market because of its advanced technologies and easy-to-use platform. It has provided solutions to numerous government and private projects and plans on acquiring similar projects in the coming years. Both the Co-founders of the company have immense experience in developing scalable applications and can guide developers in the right way. “Although we started with Web3 to carve out our niche, we have seen a need for our platform beyond Web3. To cater to that need, we have started diversifying into more domains including the traditional Web2 and mobile app development fields”, concluded Krishna.