Uploaded on Jun 1, 2020
Blockchain technology is becoming a mainstream technology. Its rapid development and intervention across different segments are going to change the way the business operates. When we talk about the different use cases of Blockchain technology, then it's widespread. One of the use cases that we will be discussing in this blog is its use in mobile apps.
Top 7 Benefits of Using Blockchain Technology For Mobile Apps
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Top 7 Benefits Of Using Blockchain Technology
For Mobile Apps
Blockchain technology is becoming a mainstream technology. Its rapid
development and intervention across different segments are going to change the
way the business operates. When we talk about the different use cases of
Blockchain technology, then it's widespread. One of the use cases that we will be
discussing in this blog is its use in mobile apps.
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Advantages That Blockchain Can Bring The
Domain of Mobile Apps:
1. Enhances security- One of the prime concern for any digital platform
inclusive of mobile apps, the security of data is imperative. Blockchain is used for
developing decentralized applications, and a similar protocol can be used for
mobile apps that will work on the Blockchain platform. Blockchain comes to the
security of data, which is beneficial for mobile app users and creators.
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2. Enterprise-Ready Mobile- The process and tools used for developing
Blockchain are easily available, and developers can use these tools. Since
Blockchain is an open-source technology, developers can suggest changes that
make the Blockchain technology better and its implementation seamless. In the
coming years, we can expect the government and enterprises to use Blockchain.
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3. Simplistic Use- One of the advantages of Blockchain is that it is easy to use.
The system is much simpler than other technologies, thus making it easy for the
developers to use it and create apps.
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4. Transparency- Another notable advantage that Blockchain has to offer is
transparency. The Blockchain records every transaction in a public ledger, which
is easily traceable. Thus making Blockchain technology a transparent platform.
This transparency feature removes the probability of any fraudulent activity.
Moreover, every data is stored cryptographically; there is a lesser probability of
tampering or altering the data. Thus making it absolutely safe.
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5. Benefits of DLT System- We all know that Blockchain works on the DLT
system, which is powered by an extensive global network of computers. If any
change is made, then a similar change is reflected on machines having the same
ledger. Based on the nature of change, the system can approve or reject the
change. This DLT network works as the server for clients, and mobile applications
work as a client of these services. Blockchain developers will have more storage
and enhanced data streaming. This will eventually improve the system.
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6. Lesser Cost- One of the prime concerns for any business is to lessen the
cost. With Blockchain, you can get this benefit. Since technology eliminates the
need to have a third-party, there is no intermediary. Also, there is lesser or no
need to review the documentation as everyone gets permission to access to single
and immutable version
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7. Better Reliability- You can surely trust the Blockchain system. Since the
interacting parties connect directly with each other, and the data is absolutely
safer, you can trust the system. Since technology is decentralized, there is less or
no probability of losing the data because of errors in the server. Mobile apps can
take advantage of the same.
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Conclusion- All these sets of advantages will make mobile apps more robust and
free from any attack. Thus Blockchain technology can prove beneficial for mobile
app developers.
If you wish to know more about this technology, then it's time to connect with
Blockchain Council today.
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Top Ethereum -Based Applications
Before we discover the challenges, let’s have a quick look at the top Ethereum-
powered applications.
GitCoin, an Ethereum based platform, pays individuals for working in an open-
source software like Python, Java, HTML, etc. KYC-Chain allows organizations to
verify their customer’s identities and managing the whole customer lifecycle.
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Cent, a user-friendly app, follows a slogan ‘earn income anywhere.’ This
Ethereum-based app offers individuals an income-generating social network by
creating content, sharing their views, and much more. Vevue, an Ethereum app,
monetizes all forms of engagements, thus offers unlimited possibilities to users to
earn money. With this platform, people can place requests for videos and
encourage them to share short videos and make money.
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Challenges With Ethereum Infrastructure
Although Ethereum is full of possible applications, designing its infrastructure
comes with its own set of challenges. Apart from the problems mentioned below,
scalability, flexibility, dealing with block times, parity issues are also the concerns
that one has to deal with while building Ethereum infrastructure. Let's have a look
at the major issues.
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Wallet Initialization- A Prima Concern
Just like Bitcoin networks that suffer from backlogs, Ethereum is no more an
exception. Wallet initialization is the prime concern because if contract creation
transaction is stuck somehow, but the user started sending another transaction at
the same time, then it will be impossible for the Ethereum to fire appropriate
contract events.
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Smart Contracts Difficulties
Debugging smart contracts while using the Ethereum platform is complicated. This
is because it is hard to find out where the transaction failed.
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Connecting Ethereum Requires Manual Efforts
For Connecting Ethereum with the rest of the world, it requires manual effort,
which indicates it adds a burden at the developer end. Moreover, Ethereum
developers have to set up the whole infrastructure via separate Ethereum nodes
that lead to unseen hazards.
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Conclusion
To conclude, we can say that Ethereum has the potential to revolutionalize the
way we interact with the world. But to accelerate widespread adoption, it is crucial
to eliminate the challenges that Ethereum is facing. Technical inefficiencies (as
mentioned-above) need to be eradicated to build a perfect infrastructure.
To get instant updates about Blockchain Technology and to learn more about
online blockchain certifications, check out Blockchain Council.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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