SlideShare a Scribd company logo
Copyright © Blockchain Council www.blockchain-council.org 1
Copyright © Blockchain Council www.blockchain-council.org
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.
2
Copyright © Blockchain Council www.blockchain-council.org
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.
3
Copyright © Blockchain Council www.blockchain-council.org
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.
4
Copyright © Blockchain Council www.blockchain-council.org
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.
5
Copyright © Blockchain Council www.blockchain-council.org
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.
6
Copyright © Blockchain Council www.blockchain-council.org
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.
7
Copyright © Blockchain Council www.blockchain-council.org
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
8
Copyright © Blockchain Council www.blockchain-council.org
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.
9
Copyright © Blockchain Council www.blockchain-council.org
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.
10
Copyright © Blockchain Council www.blockchain-council.org
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.
11
Copyright © Blockchain Council www.blockchain-council.org
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.
12
Copyright © Blockchain Council www.blockchain-council.org
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.
13
Copyright © Blockchain Council www.blockchain-council.org
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.
14
Copyright © Blockchain Council www.blockchain-council.org
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.
15
Copyright © Blockchain Council www.blockchain-council.org
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.
16
Copyright © Blockchain Council www.blockchain-council.org
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.
17
Copyright © Blockchain Council www.blockchain-council.org
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
18
THANK YOU!
Any questions?
You can mail us at
hello@blockchain-council.org
Copyright © Blockchain Council www.blockchain-council.org 19

More Related Content

What's hot

How Does Blockchain Technology Help In Health Insurance
How Does Blockchain Technology Help In Health Insurance How Does Blockchain Technology Help In Health Insurance
How Does Blockchain Technology Help In Health Insurance
Blockchain Council
 
How to use hyperledger fabric for the enterprise
How to use hyperledger fabric for the enterprise How to use hyperledger fabric for the enterprise
How to use hyperledger fabric for the enterprise
Blockchain Council
 
Blockchain in Insurance: Risk Not, Reap Not
Blockchain in Insurance: Risk Not, Reap NotBlockchain in Insurance: Risk Not, Reap Not
Blockchain in Insurance: Risk Not, Reap Not
Cognizant
 
By 2030, blockchain technology could drive a global economy of $1.7 trillion.
By 2030, blockchain technology could drive a global economy of $1.7 trillion.By 2030, blockchain technology could drive a global economy of $1.7 trillion.
By 2030, blockchain technology could drive a global economy of $1.7 trillion.
Blockchain Council
 
Introduction Blockchain Technology Models To Work Within The Enterprise
Introduction Blockchain Technology Models To Work Within The EnterpriseIntroduction Blockchain Technology Models To Work Within The Enterprise
Introduction Blockchain Technology Models To Work Within The Enterprise
Blockchain Council
 
Blockchain in insurance
Blockchain in insuranceBlockchain in insurance
Blockchain in insurance
zaarahary
 
Blockchain technology and innovation in the insurance sector
Blockchain technology and innovation in the insurance sectorBlockchain technology and innovation in the insurance sector
Blockchain technology and innovation in the insurance sector
Blockchain Council
 
In 2021, facebook plans to introduce its own cryptocurrency.
In 2021, facebook plans to introduce its own cryptocurrency.  In 2021, facebook plans to introduce its own cryptocurrency.
In 2021, facebook plans to introduce its own cryptocurrency.
Blockchain Council
 
Top 7 industries That Will Be Quickly Disrupted By Blockchain
Top 7 industries That Will Be Quickly Disrupted By BlockchainTop 7 industries That Will Be Quickly Disrupted By Blockchain
Top 7 industries That Will Be Quickly Disrupted By Blockchain
Blockchain Council
 
Brafton White Paper Example
Brafton White Paper ExampleBrafton White Paper Example
Brafton White Paper Example
Kayla Perry
 
Enterprise Ethereum : How It Differs From DLT?
Enterprise Ethereum : How It Differs From DLT?Enterprise Ethereum : How It Differs From DLT?
Enterprise Ethereum : How It Differs From DLT?
Blockchain Council
 
Top 5 DeFi Applications
Top 5 DeFi ApplicationsTop 5 DeFi Applications
Top 5 DeFi Applications
101 Blockchains
 
Samsung started to develop its own blockchain
Samsung started to develop its own blockchain Samsung started to develop its own blockchain
Samsung started to develop its own blockchain
Blockchain Council
 
Role of Blockchain Technology In Business
Role of Blockchain Technology In BusinessRole of Blockchain Technology In Business
Role of Blockchain Technology In Business
Blockchain Council
 
How blockchain can potentially replace traditional supply chain processes
How blockchain can potentially replace traditional supply chain processesHow blockchain can potentially replace traditional supply chain processes
How blockchain can potentially replace traditional supply chain processes
Blockchain Council
 
5 main principles of blockchain technology
5 main principles of blockchain technology 5 main principles of blockchain technology
5 main principles of blockchain technology
Global Tech Council
 
Practical analytics hands-on to cloud & IoT cyber threats
Practical analytics hands-on to cloud & IoT cyber threatsPractical analytics hands-on to cloud & IoT cyber threats
Practical analytics hands-on to cloud & IoT cyber threats
Jorge Sebastiao
 
Bat38 aouini bogosalvarado_zk-snark_blockchain
Bat38 aouini bogosalvarado_zk-snark_blockchainBat38 aouini bogosalvarado_zk-snark_blockchain
Bat38 aouini bogosalvarado_zk-snark_blockchain
BATbern
 
Benefits of Applying Blockchain to Claim Processing in Insurance
Benefits of Applying Blockchain to Claim Processing in InsuranceBenefits of Applying Blockchain to Claim Processing in Insurance
Benefits of Applying Blockchain to Claim Processing in Insurance
NetSet Software
 
7 Industries Influencing Blockchain Testing
7 Industries Influencing Blockchain Testing7 Industries Influencing Blockchain Testing
7 Industries Influencing Blockchain Testing
Cygnet Infotech
 

What's hot (20)

How Does Blockchain Technology Help In Health Insurance
How Does Blockchain Technology Help In Health Insurance How Does Blockchain Technology Help In Health Insurance
How Does Blockchain Technology Help In Health Insurance
 
How to use hyperledger fabric for the enterprise
How to use hyperledger fabric for the enterprise How to use hyperledger fabric for the enterprise
How to use hyperledger fabric for the enterprise
 
Blockchain in Insurance: Risk Not, Reap Not
Blockchain in Insurance: Risk Not, Reap NotBlockchain in Insurance: Risk Not, Reap Not
Blockchain in Insurance: Risk Not, Reap Not
 
By 2030, blockchain technology could drive a global economy of $1.7 trillion.
By 2030, blockchain technology could drive a global economy of $1.7 trillion.By 2030, blockchain technology could drive a global economy of $1.7 trillion.
By 2030, blockchain technology could drive a global economy of $1.7 trillion.
 
Introduction Blockchain Technology Models To Work Within The Enterprise
Introduction Blockchain Technology Models To Work Within The EnterpriseIntroduction Blockchain Technology Models To Work Within The Enterprise
Introduction Blockchain Technology Models To Work Within The Enterprise
 
Blockchain in insurance
Blockchain in insuranceBlockchain in insurance
Blockchain in insurance
 
Blockchain technology and innovation in the insurance sector
Blockchain technology and innovation in the insurance sectorBlockchain technology and innovation in the insurance sector
Blockchain technology and innovation in the insurance sector
 
In 2021, facebook plans to introduce its own cryptocurrency.
In 2021, facebook plans to introduce its own cryptocurrency.  In 2021, facebook plans to introduce its own cryptocurrency.
In 2021, facebook plans to introduce its own cryptocurrency.
 
Top 7 industries That Will Be Quickly Disrupted By Blockchain
Top 7 industries That Will Be Quickly Disrupted By BlockchainTop 7 industries That Will Be Quickly Disrupted By Blockchain
Top 7 industries That Will Be Quickly Disrupted By Blockchain
 
Brafton White Paper Example
Brafton White Paper ExampleBrafton White Paper Example
Brafton White Paper Example
 
Enterprise Ethereum : How It Differs From DLT?
Enterprise Ethereum : How It Differs From DLT?Enterprise Ethereum : How It Differs From DLT?
Enterprise Ethereum : How It Differs From DLT?
 
Top 5 DeFi Applications
Top 5 DeFi ApplicationsTop 5 DeFi Applications
Top 5 DeFi Applications
 
Samsung started to develop its own blockchain
Samsung started to develop its own blockchain Samsung started to develop its own blockchain
Samsung started to develop its own blockchain
 
Role of Blockchain Technology In Business
Role of Blockchain Technology In BusinessRole of Blockchain Technology In Business
Role of Blockchain Technology In Business
 
How blockchain can potentially replace traditional supply chain processes
How blockchain can potentially replace traditional supply chain processesHow blockchain can potentially replace traditional supply chain processes
How blockchain can potentially replace traditional supply chain processes
 
5 main principles of blockchain technology
5 main principles of blockchain technology 5 main principles of blockchain technology
5 main principles of blockchain technology
 
Practical analytics hands-on to cloud & IoT cyber threats
Practical analytics hands-on to cloud & IoT cyber threatsPractical analytics hands-on to cloud & IoT cyber threats
Practical analytics hands-on to cloud & IoT cyber threats
 
Bat38 aouini bogosalvarado_zk-snark_blockchain
Bat38 aouini bogosalvarado_zk-snark_blockchainBat38 aouini bogosalvarado_zk-snark_blockchain
Bat38 aouini bogosalvarado_zk-snark_blockchain
 
Benefits of Applying Blockchain to Claim Processing in Insurance
Benefits of Applying Blockchain to Claim Processing in InsuranceBenefits of Applying Blockchain to Claim Processing in Insurance
Benefits of Applying Blockchain to Claim Processing in Insurance
 
7 Industries Influencing Blockchain Testing
7 Industries Influencing Blockchain Testing7 Industries Influencing Blockchain Testing
7 Industries Influencing Blockchain Testing
 

Similar to Top 7 Benefits Of Using Blockchain Technology For Mobile Apps

How can blockchain help you to grow your business
How can blockchain help you to grow your business How can blockchain help you to grow your business
How can blockchain help you to grow your business
Blockchain Council
 
Incredible role of blockchain in finance sector
Incredible role of blockchain in finance sectorIncredible role of blockchain in finance sector
Incredible role of blockchain in finance sector
Blockchain Council
 
When and why to use blockchain technology
When and why to use blockchain technology When and why to use blockchain technology
When and why to use blockchain technology
Blockchain Council
 
Blockchain Application Development
Blockchain Application DevelopmentBlockchain Application Development
Blockchain Application Development
The NineHertz
 
Top 5 blockchain platforms for digital marketing
Top 5 blockchain platforms for digital marketingTop 5 blockchain platforms for digital marketing
Top 5 blockchain platforms for digital marketing
Blockchain Council
 
Which platform provides modular architecture in blockchain (1)
Which platform provides modular architecture in blockchain  (1)Which platform provides modular architecture in blockchain  (1)
Which platform provides modular architecture in blockchain (1)
Blockchain Council
 
Blockmason link whitepaper
Blockmason link whitepaperBlockmason link whitepaper
Blockmason link whitepaper
JAlbic
 
Machine learning presentation in using pyhton
Machine learning presentation in using pyhtonMachine learning presentation in using pyhton
Machine learning presentation in using pyhton
masukmia.com
 
Blockchain applications 15 killer concepts for you
Blockchain applications  15 killer concepts for you Blockchain applications  15 killer concepts for you
Blockchain applications 15 killer concepts for you
Blockchain Council
 
How do blockchain and wordpress work together
How do blockchain and wordpress work together How do blockchain and wordpress work together
How do blockchain and wordpress work together
Blockchain Council
 
10 Essentials on Blockchain Development: From Basics to Ethics
10 Essentials on Blockchain Development: From Basics to Ethics10 Essentials on Blockchain Development: From Basics to Ethics
10 Essentials on Blockchain Development: From Basics to Ethics
Steve Hodgkiss
 
Role of blockchain technology in critical infrastructure security
Role of blockchain technology in critical infrastructure securityRole of blockchain technology in critical infrastructure security
Role of blockchain technology in critical infrastructure security
Global Tech Council
 
How does blockchain developer help improving the banking & finance sector
How does blockchain developer help improving the banking & finance sector How does blockchain developer help improving the banking & finance sector
How does blockchain developer help improving the banking & finance sector
Blockchain Council
 
Future of Blockchain in Mobile App Development.pdf
Future of Blockchain in Mobile App Development.pdfFuture of Blockchain in Mobile App Development.pdf
Future of Blockchain in Mobile App Development.pdf
FuGenx Technologies
 
What Are The Main Features Of Blockchain Technology?
What Are The Main Features Of Blockchain Technology?What Are The Main Features Of Blockchain Technology?
What Are The Main Features Of Blockchain Technology?
Blockchain Council
 
Gm financial partners with blockchain to prevent identity fraud
Gm financial partners with blockchain to prevent identity fraudGm financial partners with blockchain to prevent identity fraud
Gm financial partners with blockchain to prevent identity fraud
Blockchain Council
 
An architectural approach for decentralized applications
An architectural approach for decentralized applicationsAn architectural approach for decentralized applications
An architectural approach for decentralized applications
OWASP Indonesia Chapter
 
Blockchain technology's impact on the financial sector
Blockchain technology's impact on the financial sectorBlockchain technology's impact on the financial sector
Blockchain technology's impact on the financial sector
Global Tech Council
 
Blockchain Technology Trends 2020
Blockchain Technology Trends 2020Blockchain Technology Trends 2020
Blockchain Technology Trends 2020
Blockchain Council
 
The most relevant platforms overview for blockchain developers in 2020
The most relevant platforms overview for blockchain developers in 2020The most relevant platforms overview for blockchain developers in 2020
The most relevant platforms overview for blockchain developers in 2020
Blockchain Council
 

Similar to Top 7 Benefits Of Using Blockchain Technology For Mobile Apps (20)

How can blockchain help you to grow your business
How can blockchain help you to grow your business How can blockchain help you to grow your business
How can blockchain help you to grow your business
 
Incredible role of blockchain in finance sector
Incredible role of blockchain in finance sectorIncredible role of blockchain in finance sector
Incredible role of blockchain in finance sector
 
When and why to use blockchain technology
When and why to use blockchain technology When and why to use blockchain technology
When and why to use blockchain technology
 
Blockchain Application Development
Blockchain Application DevelopmentBlockchain Application Development
Blockchain Application Development
 
Top 5 blockchain platforms for digital marketing
Top 5 blockchain platforms for digital marketingTop 5 blockchain platforms for digital marketing
Top 5 blockchain platforms for digital marketing
 
Which platform provides modular architecture in blockchain (1)
Which platform provides modular architecture in blockchain  (1)Which platform provides modular architecture in blockchain  (1)
Which platform provides modular architecture in blockchain (1)
 
Blockmason link whitepaper
Blockmason link whitepaperBlockmason link whitepaper
Blockmason link whitepaper
 
Machine learning presentation in using pyhton
Machine learning presentation in using pyhtonMachine learning presentation in using pyhton
Machine learning presentation in using pyhton
 
Blockchain applications 15 killer concepts for you
Blockchain applications  15 killer concepts for you Blockchain applications  15 killer concepts for you
Blockchain applications 15 killer concepts for you
 
How do blockchain and wordpress work together
How do blockchain and wordpress work together How do blockchain and wordpress work together
How do blockchain and wordpress work together
 
10 Essentials on Blockchain Development: From Basics to Ethics
10 Essentials on Blockchain Development: From Basics to Ethics10 Essentials on Blockchain Development: From Basics to Ethics
10 Essentials on Blockchain Development: From Basics to Ethics
 
Role of blockchain technology in critical infrastructure security
Role of blockchain technology in critical infrastructure securityRole of blockchain technology in critical infrastructure security
Role of blockchain technology in critical infrastructure security
 
How does blockchain developer help improving the banking & finance sector
How does blockchain developer help improving the banking & finance sector How does blockchain developer help improving the banking & finance sector
How does blockchain developer help improving the banking & finance sector
 
Future of Blockchain in Mobile App Development.pdf
Future of Blockchain in Mobile App Development.pdfFuture of Blockchain in Mobile App Development.pdf
Future of Blockchain in Mobile App Development.pdf
 
What Are The Main Features Of Blockchain Technology?
What Are The Main Features Of Blockchain Technology?What Are The Main Features Of Blockchain Technology?
What Are The Main Features Of Blockchain Technology?
 
Gm financial partners with blockchain to prevent identity fraud
Gm financial partners with blockchain to prevent identity fraudGm financial partners with blockchain to prevent identity fraud
Gm financial partners with blockchain to prevent identity fraud
 
An architectural approach for decentralized applications
An architectural approach for decentralized applicationsAn architectural approach for decentralized applications
An architectural approach for decentralized applications
 
Blockchain technology's impact on the financial sector
Blockchain technology's impact on the financial sectorBlockchain technology's impact on the financial sector
Blockchain technology's impact on the financial sector
 
Blockchain Technology Trends 2020
Blockchain Technology Trends 2020Blockchain Technology Trends 2020
Blockchain Technology Trends 2020
 
The most relevant platforms overview for blockchain developers in 2020
The most relevant platforms overview for blockchain developers in 2020The most relevant platforms overview for blockchain developers in 2020
The most relevant platforms overview for blockchain developers in 2020
 

More from Blockchain Council

A quick guide about blockchain based 'remittance' solution
A quick guide about blockchain based 'remittance' solutionA quick guide about blockchain based 'remittance' solution
A quick guide about blockchain based 'remittance' solution
Blockchain Council
 
5 ways on how will blockchain impact healthcare
5 ways on how will blockchain impact healthcare5 ways on how will blockchain impact healthcare
5 ways on how will blockchain impact healthcare
Blockchain Council
 
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchainWhy NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Blockchain Council
 
Low code blockchain platform for crm by salesforce
Low code blockchain platform for crm by salesforceLow code blockchain platform for crm by salesforce
Low code blockchain platform for crm by salesforce
Blockchain Council
 
5 best blockchain stocks to buy in this year
5 best blockchain stocks to buy in this year 5 best blockchain stocks to buy in this year
5 best blockchain stocks to buy in this year
Blockchain Council
 
Top 10 tricks to keep your bitcoin wallet safe
Top 10 tricks to keep your bitcoin wallet safeTop 10 tricks to keep your bitcoin wallet safe
Top 10 tricks to keep your bitcoin wallet safe
Blockchain Council
 
Google cloud became a network block producer by joining the eos blockchain co...
Google cloud became a network block producer by joining the eos blockchain co...Google cloud became a network block producer by joining the eos blockchain co...
Google cloud became a network block producer by joining the eos blockchain co...
Blockchain Council
 
Blockchain use cases in energy sector
Blockchain use cases in energy sectorBlockchain use cases in energy sector
Blockchain use cases in energy sector
Blockchain Council
 
Top Universities Are Increasing Blockchain Activity Worldwide.
Top Universities Are Increasing Blockchain Activity Worldwide.Top Universities Are Increasing Blockchain Activity Worldwide.
Top Universities Are Increasing Blockchain Activity Worldwide.
Blockchain Council
 
Vs code extensions required for blockchain development
Vs code extensions required for blockchain developmentVs code extensions required for blockchain development
Vs code extensions required for blockchain development
Blockchain Council
 
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Council
 
Volvo committed to use blockchain for the highest level of transparency.
Volvo committed to use blockchain for the highest level of transparency. Volvo committed to use blockchain for the highest level of transparency.
Volvo committed to use blockchain for the highest level of transparency.
Blockchain Council
 
5 major advantages of blockchain technology for engineering students
5 major advantages of blockchain technology for engineering students 5 major advantages of blockchain technology for engineering students
5 major advantages of blockchain technology for engineering students
Blockchain Council
 
Do Smart Contract Matter To Become A Blockchain Developer
Do Smart Contract Matter To Become A Blockchain Developer Do Smart Contract Matter To Become A Blockchain Developer
Do Smart Contract Matter To Become A Blockchain Developer
Blockchain Council
 
How companies are leveraging blockchain in supply chains
How companies are leveraging blockchain in supply chainsHow companies are leveraging blockchain in supply chains
How companies are leveraging blockchain in supply chains
Blockchain Council
 
Blockchain Is Bringing Changes In American Healthcare Industry
Blockchain Is Bringing Changes In American Healthcare IndustryBlockchain Is Bringing Changes In American Healthcare Industry
Blockchain Is Bringing Changes In American Healthcare Industry
Blockchain Council
 
Blockchain voting patent in the usa
Blockchain voting patent in the usaBlockchain voting patent in the usa
Blockchain voting patent in the usa
Blockchain Council
 
Master card and visa are making bold moves toward mass crypto adoption
Master card and visa are making bold moves toward mass crypto adoptionMaster card and visa are making bold moves toward mass crypto adoption
Master card and visa are making bold moves toward mass crypto adoption
Blockchain Council
 
Top 10 ways to make money with cryptocurrency by trading
Top 10 ways to make money with cryptocurrency by tradingTop 10 ways to make money with cryptocurrency by trading
Top 10 ways to make money with cryptocurrency by trading
Blockchain Council
 
Why Do Governments And Corporations Need Blockchain
Why Do Governments And Corporations Need Blockchain Why Do Governments And Corporations Need Blockchain
Why Do Governments And Corporations Need Blockchain
Blockchain Council
 

More from Blockchain Council (20)

A quick guide about blockchain based 'remittance' solution
A quick guide about blockchain based 'remittance' solutionA quick guide about blockchain based 'remittance' solution
A quick guide about blockchain based 'remittance' solution
 
5 ways on how will blockchain impact healthcare
5 ways on how will blockchain impact healthcare5 ways on how will blockchain impact healthcare
5 ways on how will blockchain impact healthcare
 
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchainWhy NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchain
 
Low code blockchain platform for crm by salesforce
Low code blockchain platform for crm by salesforceLow code blockchain platform for crm by salesforce
Low code blockchain platform for crm by salesforce
 
5 best blockchain stocks to buy in this year
5 best blockchain stocks to buy in this year 5 best blockchain stocks to buy in this year
5 best blockchain stocks to buy in this year
 
Top 10 tricks to keep your bitcoin wallet safe
Top 10 tricks to keep your bitcoin wallet safeTop 10 tricks to keep your bitcoin wallet safe
Top 10 tricks to keep your bitcoin wallet safe
 
Google cloud became a network block producer by joining the eos blockchain co...
Google cloud became a network block producer by joining the eos blockchain co...Google cloud became a network block producer by joining the eos blockchain co...
Google cloud became a network block producer by joining the eos blockchain co...
 
Blockchain use cases in energy sector
Blockchain use cases in energy sectorBlockchain use cases in energy sector
Blockchain use cases in energy sector
 
Top Universities Are Increasing Blockchain Activity Worldwide.
Top Universities Are Increasing Blockchain Activity Worldwide.Top Universities Are Increasing Blockchain Activity Worldwide.
Top Universities Are Increasing Blockchain Activity Worldwide.
 
Vs code extensions required for blockchain development
Vs code extensions required for blockchain developmentVs code extensions required for blockchain development
Vs code extensions required for blockchain development
 
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
Blockchain Application In The Energy Sector Is Offering Cost Effective strate...
 
Volvo committed to use blockchain for the highest level of transparency.
Volvo committed to use blockchain for the highest level of transparency. Volvo committed to use blockchain for the highest level of transparency.
Volvo committed to use blockchain for the highest level of transparency.
 
5 major advantages of blockchain technology for engineering students
5 major advantages of blockchain technology for engineering students 5 major advantages of blockchain technology for engineering students
5 major advantages of blockchain technology for engineering students
 
Do Smart Contract Matter To Become A Blockchain Developer
Do Smart Contract Matter To Become A Blockchain Developer Do Smart Contract Matter To Become A Blockchain Developer
Do Smart Contract Matter To Become A Blockchain Developer
 
How companies are leveraging blockchain in supply chains
How companies are leveraging blockchain in supply chainsHow companies are leveraging blockchain in supply chains
How companies are leveraging blockchain in supply chains
 
Blockchain Is Bringing Changes In American Healthcare Industry
Blockchain Is Bringing Changes In American Healthcare IndustryBlockchain Is Bringing Changes In American Healthcare Industry
Blockchain Is Bringing Changes In American Healthcare Industry
 
Blockchain voting patent in the usa
Blockchain voting patent in the usaBlockchain voting patent in the usa
Blockchain voting patent in the usa
 
Master card and visa are making bold moves toward mass crypto adoption
Master card and visa are making bold moves toward mass crypto adoptionMaster card and visa are making bold moves toward mass crypto adoption
Master card and visa are making bold moves toward mass crypto adoption
 
Top 10 ways to make money with cryptocurrency by trading
Top 10 ways to make money with cryptocurrency by tradingTop 10 ways to make money with cryptocurrency by trading
Top 10 ways to make money with cryptocurrency by trading
 
Why Do Governments And Corporations Need Blockchain
Why Do Governments And Corporations Need Blockchain Why Do Governments And Corporations Need Blockchain
Why Do Governments And Corporations Need Blockchain
 

Recently uploaded

S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
Peter Windle
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
chanes7
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
Marketing internship report file for MBA
Marketing internship report file for MBAMarketing internship report file for MBA
Marketing internship report file for MBA
gb193092
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
DeeptiGupta154
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
kimdan468
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
Wasim Ak
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Atul Kumar Singh
 

Recently uploaded (20)

S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
Marketing internship report file for MBA
Marketing internship report file for MBAMarketing internship report file for MBA
Marketing internship report file for MBA
 
Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
 
Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
 
Guidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th SemesterGuidance_and_Counselling.pdf B.Ed. 4th Semester
Guidance_and_Counselling.pdf B.Ed. 4th Semester
 

Top 7 Benefits Of Using Blockchain Technology For Mobile Apps

  • 1. Copyright © Blockchain Council www.blockchain-council.org 1
  • 2. Copyright © Blockchain Council www.blockchain-council.org 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. 2
  • 3. Copyright © Blockchain Council www.blockchain-council.org 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. 3
  • 4. Copyright © Blockchain Council www.blockchain-council.org 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. 4
  • 5. Copyright © Blockchain Council www.blockchain-council.org 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. 5
  • 6. Copyright © Blockchain Council www.blockchain-council.org 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. 6
  • 7. Copyright © Blockchain Council www.blockchain-council.org 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. 7
  • 8. Copyright © Blockchain Council www.blockchain-council.org 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 8
  • 9. Copyright © Blockchain Council www.blockchain-council.org 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. 9
  • 10. Copyright © Blockchain Council www.blockchain-council.org 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. 10
  • 11. Copyright © Blockchain Council www.blockchain-council.org 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. 11
  • 12. Copyright © Blockchain Council www.blockchain-council.org 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. 12
  • 13. Copyright © Blockchain Council www.blockchain-council.org 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. 13
  • 14. Copyright © Blockchain Council www.blockchain-council.org 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. 14
  • 15. Copyright © Blockchain Council www.blockchain-council.org 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. 15
  • 16. Copyright © Blockchain Council www.blockchain-council.org 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. 16
  • 17. Copyright © Blockchain Council www.blockchain-council.org 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. 17
  • 18. Copyright © Blockchain Council www.blockchain-council.org 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 18
  • 19. THANK YOU! Any questions? You can mail us at hello@blockchain-council.org Copyright © Blockchain Council www.blockchain-council.org 19