The best part of emerging technologies is they possess the whole gamut of opportunities. IoT, AR, AI, and Blockchain are a few examples of such disruptive technologies. They are capable of revolutionizing the conventional mobile app development process. Here we are going to discuss how blockchain technology is going to impact the app development and business in 2019.
- Let’s start with the business benefits of blockchain mobile app development
1. Facilitates secure transaction
The blockchain-based apps aim at offering a secure online transaction. Whether it is an Android app or an iOS app, the blockchain technology enables the app users to get rid of waiting long for ensuring secure transactions. The biggest advantage of this technology is it eliminates the need for middlemen and even the bank staff for seamless online transactions. It can save both time and money of the app users.
The blockchain-based apps aim at offering a secure online transaction. Whether it is an Android app or an iOS app, the blockchain technology enables the app users to get rid of waiting long for ensuring secure transactions. The biggest advantage of this technology is it eliminates the need for middlemen and even the bank staff for seamless online transactions. It can save both time and money of the app users.
Thinking about the biggest beneficiaries of secure and swift transactions, we can name banking, finance, and eCommerce sectors. But, this benefit is not limited to these sectors only. Any B2B or B2C business that deals with the online transaction can take advantage of the secure transaction offered by the blockchain technology
2. Brings decentralization and transparency
One of the biggest benefits of blockchain app development is it decentralizes the transaction process and brings more transparency. Let’s take an example of Bitcoin, the cryptocurrency works on the basis of the blockchain. The bitcoin is a decentralized form of currency that can reduce the stress over inflation. It can remain free from any restrictions related to cash circulation as it has nothing to do with printed currency.
One of the biggest benefits of blockchain app development is it decentralizes the transaction process and brings more transparency. Let’s take an example of Bitcoin, the cryptocurrency works on the basis of the blockchain. The bitcoin is a decentralized form of currency that can reduce the stress over inflation. It can remain free from any restrictions related to cash circulation as it has nothing to do with printed currency.
The Bitcoin technology brings transparency in the system and provides comfortable online transactions to the app users worldwide.
Original Source: Blockchain Enhances Mobile App Development
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