White label products are ready-to-deploy solutions that come with a market-ready back-end and a customizable front-end. They allow for quick customization of the user interface and user experience to meet the branding requirements of buyers, enabling swift market launch.
In the blockchain industry, white label products typically involve generic software that has been designed, developed, and tested by one company. Another company can then deploy this software after making necessary customizations. Buyers, often companies themselves, have the flexibility to choose their preferred customizations for the software and start their own digital asset business. White labeling offers a simple and cost-effective solution that streamlines the user experience across different platforms.
White labeling saves time by allowing businesses of all sizes to easily and quickly access the benefits of up-to-date technology and software. Instead of developing new technology from scratch, companies can leverage white label products to focus on their business models. This reallocation of time enables third-party software development experts to maintain the high standards expected in the blockchain sector.
One of the key advantages of white labeling is the facilitation of knowledge sharing. In a rapidly evolving and demanding sector like blockchain, it can be challenging for younger and smaller companies to develop everything from scratch due to limited resources and time constraints. White labeling enables these companies to leverage the expertise and infrastructure of established companies, accelerating their entry into the market. It also promotes cross-industry applications, allowing traditional financial companies to embrace digital innovation without having to expand their departments extensively.
White label solutions can be applied to various aspects of the digital asset space. For example, platforms like BTSE, CoreLedger’s TEOS, and White Label DEX provide white label marketplace software with varying degrees of customization options. These solutions empower businesses of all sizes to leverage the benefits of blockchain technology in launching their own digital asset businesses.
To further illustrate the value of white labeling in the blockchain industry, let’s take a closer look at some examples:
What is BTSE?
BTSE is a white label cryptocurrency exchange platform that allows businesses to launch their own exchanges with ease. The platform provides all the necessary infrastructure and features, including order matching, liquidity management, and secure custody solutions. By leveraging BTSE’s white label solution, companies can bypass the complexities of building an exchange from scratch and focus on growing their user base and market presence.
What is CoreLedger’s TEOS?
CoreLedger’s TEOS is a white label solution for tokenization and asset management. It enables businesses to create and manage their own digital assets on the blockchain, offering tools for token issuance, asset management, and compliance. With TEOS, companies can quickly launch their tokenized assets, such as loyalty points, real estate properties, or investment funds, without the need for extensive technical knowledge or resources.
What is White Label DEX?
White Label DEX is a white label decentralized exchange solution that allows businesses to launch their own decentralized exchanges. Decentralized exchanges (DEXs) provide users with control over their funds and eliminate the need for a central authority. With White Label DEX, companies can customize the user interface, trading pairs, and liquidity options to match their branding and market requirements. This white label solution offers a simplified and cost-effective way to enter the decentralized exchange market.
In conclusion, white label products in the blockchain industry provide businesses with ready-to-deploy solutions that can be customized to meet their specific branding and market requirements. They save time and resources by allowing companies to leverage existing technology and infrastructure, enabling them to focus on their core business models. White labeling also promotes knowledge sharing and cross-industry applications, empowering smaller and traditional companies to embrace digital innovation without extensive investments. With various white label solutions available, businesses of all sizes can easily enter the digital asset space and harness the benefits of blockchain technology.
Author: Johannes Schweifer
Johannes Schweifer is the CEO of CoreLedger, a company that empowers businesses of all sizes to leverage the benefits of blockchain technology. Schweifer has co-founded several blockchain start-ups, including Bitcoin Suisse. He is a passionate problem solver and holds a master’s degree in Chemistry and a PhD in distributed computing and quantum chemistry.