Blockchain applications Development

Ethereum definitely opened the doors for making Decentralised Applications (DApps) popular. Created in 2015, the platform quickly became a huge success. Not only because has some improvements compared to the Bitcoin blockchain, but also for the possibility of creating your own token in their network. And that is exactly how DApps started to become popular.  From finance to games, it’s possible to create an infinity of decentralized application in the Ethereum blockchain. If you are wondering what is a DApp, don’t worry, it is very easy to understand. A Decentralized Application is just like any other app, but better, once it's built into a distributed ledger network. This means that any app developed in a Blockchain acquires some of the features of this disruptive technology, such as security, transparency and immutability. So, in simple word, DApps are improved applications. According to the DappRadar, a website that tracks and provides data about DApps, there are a

If Bitcoin was developed into the blockchain network to facilitate financial transactions, how come the banks haven’t taken full advantage of this technology yet? Well, we still don’t know why and when banks will do the complete transition to the blockchain world. But we know that this disruptive technology can improve all the different processes of a bank, from money transitions to paperwork. Enterprise Blockchain Technology Solutions Let’s look at the characteristics of blockchain that can improve the banking sector: Tamper-proof: blockchain functions as a digital distributed ledger, so all the information in the network is saved in different nodes all over the world. This means that to forge any data, it is necessary to have control of over 51% of the computers that hold the nodes.  Improvement: With no possibility of hack attacks, banks can become more reliable institutions, giving more security for their clients and dodge money loss. Immutable: Once the data

The Ethereum platform, launched in 2015, revolutionised the blockchain world. Different from the Bitcoin blockchain, built especially for payments, Ethereum was created to facilitate the development of blockchain projects, such as tokens and applications. From cryptocurrency developments to property rental smart contracts, you can build about any type of blockchain-based project in the Ethereum platform, including Decentralized Applications (DApps). Ethereum DApp Development If you still don’t know what is a DApp, it is a type of application built into a blockchain, making apps more secure, transparent and reliable. Creating Ethereum DApps has become a great thing in the last few years and it seems like it is the future of decentralization. Why? Simply because DApps offer solutions to improve all types of industries, enhancing business performance. Besides the already mentioned features of a decentralized application, these are the other great benefits: Reduced costs : W

A novel breed of applications not supervised by any authority with no downtime has made its appearance in the tech world. And it is planning on staying. From money management to the business administration processes, decentralized apps give users the possibility to transact through a self-sustaining public ledger. A high level of security and immutability from hacking make the new version of applications an extremely attractive investment to any thriving business in the market.  With the speedy decentralized app development, there is almost no sense for individuals to not benefit from them. There are multiple ways to monetize applications: Make a crowdsale & launch a token One way to monetize your application is to reboot it via a crowdsale reinforced by a token.   Take a portion of transaction fees  A profitable strategy involves taking a small amount from the made-on-the-app transaction. Establish a subscription model Be it a time-based o

Decentralized applications, or DApp for short, is a concept that has come with the blockchain technology. This particular characteristic is one of the most appealing pieces of the whole blockchain system because it’s the feature that allows the network to function without a third-party. The Dapps technology was designed to make all the data be recorded in different nodes around the world. But how sharing an information makes it more secure? Well, it may seem odd at first but makes sense. When held by one central authority, is easier to hack or forge any information because everything is in the same place, only one system needs to be attacked. With the decentralization, to fraud any data a hacker would need to attack at least 51% of the node network, that is made out of millions of computers around the world. Enhance security, open source system and consensus mechanism are some of the benefits of a decentralized application. DApps can be used in any type of situation t

One of the most exciting features of the blockchain system is that it is completely decentralized. But what exactly does that means? It means there is no central point of information storage, all the data is recorded in a network spread all over the world, the nodes.  Therefore, there isn’t a central authority, making the system more secure and transparent, because every node has access to the same information. How about developing a decentralized blockchain app for your company? This unique characteristic of the blockchain can help us improve all types of services and business. Supply chain and logistics - The blockchain allows you to create a formal registration any good or commodity on the shared ledger. This can solve problems such as traceability. Banking - With no third-party to authenticate the transaction, but millions of nodes ready to approve the action, the financial process can be done faster. Insurance - The decentralized technology helps the companies to aut