Blockchain-based mobile app development offers various benefits to developers, owners, and end-users. Blockchain is well-known for providing advantages like higher security, better transparency and traceability, and more in a business network. Thus and so, diverse industrials domains are adopting solutions built using blockchain technology platforms, like finance, supply chain, healthcare, and others. If we talk about mobile app development with blockchain, essentially, it means developing a decentralized mobile application (DApp) with the above-mentioned features. DApps provide an edge over traditional apps due to blockchain-powered attributes like secure and seamless data storage and sharing.
To understand what advantages a mobile app can get when developed using blockchain, we will consider a case of a food delivery mobile app. We will analyze the impact of using blockchain as a database or underlying technology infrastructure of the mobile app. So, let’s begin with understanding key concepts of blockchain.
Key Concepts of Blockchain for Mobile App Development
Shared, Distributed Ledger
One of the primary attributes of blockchain is that transactions once approved and appended to it become immutable. It means nobody can alter any data without consensus, a mechanism for approving transactions and changing ledger’s state. It also eliminates the chances of data duplications as transaction information is added after consensus or approval from network admins. Additionally, it enables all network participants access to transaction information. However, they can view only those transaction information for which they have been permitted.
It is not necessary to enable ledger’s access to all participants. Blockchain solutions also provide the provision to prevent participants from viewing specific transactions. It strengthens the security and ensures that only authentic participants in the network access information.
A blockchain solution can only add transactions when there is a consensus between transacting users for a specific transaction. It means that not even network operators or stakeholders can alter or change the state of transactions on the ledger. Consequently, it provides various advantages like end-to-end-traceability, fast transactions, data security, and more. Thus, it makes sense to integrate into your business operations.
These are some of the perks comes with using blockchain as the underlying infrastructure to develop and run a mobile app. Now, let’s assess the type of blockchain participants to understand who plays what role in a network.
The Roles of Blockchain Participants in a Mobile App Development
Blockchain Mobile App Users
These are users who join a Blockchain mobile app network to make transactions with other users in the network.
Regulators have special permission to oversee each transaction occurring in the network by anyone.
Blockchain Mobile App Developers
Blockchain developers develop the mobile app and the blockchain network on which transactions and other activities work.
Mobile or Network Operators (Owner)
These are people who form, manage and observe the Blockchain network.
Benefits of Developing a Food Delivery Mobile App with Blockchain
User IDs and permissions allow users to choose which transaction details are required. Thus a user can have better privacy and thus it builds the trust of users.
Blockchain technology is one of the most sought after technologies which can benefit various industries. Specifically, if we talk about the food industry, there are many areas which could be improved.
Many top brands like Unilever, Amazon have included Blockchain to a great extent.
This is why Top Mobile App Development Companies like us lay emphasis on Blockchain mobile app development with our expert pool of Blockchain experts having fuelled various Fortune 500 companies.
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