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What is Ethereum Application Development?

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celine anderson
What is Ethereum Application Development?

DApps or Decentralized Applications are the type of blockchain application and also utilize Blockchain technology. As it is a decentralized application, it works on peer to peer networks where the information is consequently distributed in an open distributed ledger.

For a new and innovative kind of Software Application, DApps is considered as a Secure Backbone to the developers.

Due to the continuous wave of innovation on dapp, more than 1000 number of DApps have been Created and yet this will increase. At present Ethereum blockchain is the most popular platform for building DApps.

Ethereum Based Dapps includes

1. Compound finance:

  This DApp is to enable lending and borrowing. If you hold crypto then, you can earn a significant interest by lending your crypto. The objective of Compound Finance is letting a user with an ability to trade the time value of digital assets.

2. Ethlance:

  It is a Decentralized freelancing Marketplace for a job posting and hiring freelancers hosted on the ethereum blockchain. This platform charges no registration fee and runs with a 0% service fee. Users can apply for the position and can give feedback.

3. Cryptokitties:

 It is a game or app related to cats powered by Blockchain and also hosted on Ethereum blockchain. It gives a user access to digital cats that they can buy, sell and also breed. The cats or kitties are called crypto-collectibles.

To know how to play.

4. Aragon:

 Aragon is an interesting DApp that runs on the Ethereum Blockchain which allows anyone to build an autonomous decentralized organization. It also includes a Token, ANT that provides a voting right to decide on future development also eliminates middleman function.

5. IDEX:

 IDEX is a Decentralized Exchange on ethereum Network to buy, sell and to store Ether and ERC20 tokens. To strengthen your security you can also use MetaMask or Ledger Nano S like wallets.

Check out here how to make a deposit in IDEX !!

Our team tends to help businesses to shine in the competitive decentralized applications world. The DApp Development Services from bitdeal enable businesses, organizations, and owners to have direct interaction with end-users, by enlarging the business community within a decentralized network.

Our DApp Development Services:

1. Custom DApp development

2. Smart Contracts Development

3. EOS DApp Development

4. Ethereum Token Development

5. Decentralized Storage Allotment

6. DApps Monetization Services

Bitdeal - Best DApp Development Company

 

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