How Mobile Apps can benefit from Blockchain Technology
- Rachana
- Jul 12, 2018
- 3 min read
Blockchain has made a huge impact in the tech community. It ensures that all transactions are properly conducted and recorded, thereby introducing a new method of storing information. It is gaining higher momentum in mobile app industry. Mobile app development companies Bangalore can get great benefits from this technology since Blockchain has a distributed database, which means better control to each user, which in turn means better mass acceptance and downloads. These databases run through networked computers and setup the coordination by passing the message. The message either gets coded between instances of the application or it uses a shared memory. Biggest use of Blockchain in mobile apps will be for making mobile payments. Blockchain technology can be effectively used in enhancing the security of mobile apps. This may include making the payment system secure, supply chain certification, providing robust security to the enterprise apps. One of the biggest challenge here is choosing the right Blockchain platform. Number of Blockchain platforms are available for developing the apps but picking the one that suits your requirements is important.
Benefits of inculcating Blockchain technology in mobile apps:
Protection to data: One of the best features of Blockchain technology is it does not allow any leakage of information or data. By using cryptography to assign a private key or address, users will be able to store, view and manage all the transaction specific data and information in one place.
No need to use passwords:
Without entering a password, Blockchain allows the authentication of users, their devices, and the transactions that they do. In this case, parties involved in the transaction agree on the payments using SSL certificate. A decentralized and distributed network will verify the reliability of every transaction, and hence allows developers to offer enhanced experience to the users.
Data transparency and validation: Blockchain allows users to make their data available in a decentralized system so that everyone involved has real-time access to it. Nobody can misuse or change the information or data, thus maintaining the integrity of the data making it transparent for all.
Securing the infrastructure:
By storing the DNS entry on the Blockchain, mobile app owners can avoid the risk of hacking by shifting to the Blockchain’s secured platform. The distributed, transparent DNS feature offered by this technology provides mobile app owners a complete control over the domain records.
To implement Blockchain technology in mobile app development development, first step is to identify the app features and an incentive plan that can help in ensuring the authenticity of app. The next step is to know the exact transactions that Blockchain will be authenticating. Blockchain mobile applications majorly focuses on mediating the ownership of shared resource value and payment specific. Involving community of members in developing a Blockchain based app will help in getting the most of the technology’s value and security feature. Last step is to develop the app according to the plan.
Undoubtedly Blockchain offers high security to the mobile apps and helps mobile app developers to add the feature confidentiality in the app and develop the advanced peer-to-peer payment platforms with the help of distributed nature of the Blockchain. If you want to build a mobile app using Blockchain technology, you can contact FuGenX. FuGenX Technologies is recognized as the best mobile apps development company in Bangalore, India. FuGenX develops mobile applications for retail, e-commerce, manufacturing, healthcare, and various other industries.
Visit FuGenX at fugenx.com or info@fugenx.com.
