Overview
Since the introduction of blockchain people have been trying to solve this enigmatic development and seeking the potential to utilize it for their benefit. Every tech enthusiast has observed the power of blockchain and its rapid expansion towards unrevealed success. During and after the pandemic many companies shifted their mode of conducting business to digital platforms.
So here is a guide exploring the concept in depth. We are selecting a particular segment in which it has excelled our expectations and made an imprint on every technophile’s mind; Blockchain App development or utilizing Blockchain for developing an application.
Statistics
- Since 2018 90% of U.S, Asian and European banks have shown reasonable interest in blockchain and its services, says Fortunly.
- The market size of Blockchain Technology is expected to grow at a CAGR of 82% till 2028. According to Statista.
- According to grand view research the market size of the Blockchain industry is sitting at 5.92 Billion U.S dollars which is quite astonishing.
The Basics of Blockchain App Development
While some companies and industry giants utilize blockchain services as a feature or characteristic in their project there are others who have dedicated DApps built to perform extensive data transfer operations. However both are greatly benefited by its secure and safe nature. The difference between DApps and normal applications with regards to blockchain app development is the level at which they are being operated, their purpose and way of transferring digital assets without the disruption of any details and information. So let’s dive deep into the world of blockchain and discuss the technology in great detail.
Original Source : Blockchain App Development Guide
