“As per the sources, the market value of blockchain industry is expected to touch $60 billion by the end of 2020”.
This groundbreaking technology has started penetrating deep into the market in the form of mobile app development primarily because it can keep any form of complex data as secure & sound. The giants like Facebook, Microsoft, L.G have started integrating this technology into their venture to reap security & the easy processes.
Before moving ahead to learn about the benefits of this technology in mobile app development, let’s go through its meaning first in detail – all the way from blockchain app development company.
What is blockchain technology?
The “Blockchain” is basically a ledger that holds all the informative & confidential data of the company where every new information is added to the ledger as a block. Each transaction or block gets utilized, signed & verified and cannot be altered by any third party. Means no scope of intrusion & malware is there.
Now you know what blockchain actually means, let Quantumsoftech give you enough reasons how blockchain technology will support the mobile app development to the core in the following.
1. The technology promotes simplicity throughout the mobile app development phase
The technology being non-complex, allows developers to embed it inside intuitive apps with the “easy to develop” & “cost-effective” approaches.
The blockchain technology being too simple allows developers to develop apps, that are:
This is all possible if you plan to build a customer-facing application with a blockchain development company.
2. Building application with such technology doesn’t compromise with the reliability factor
Now you know how precious information is carried in the form of blocks. Each block keeps the data at different data centres & constitute a robust & highly secure chain of data.
Wondering why?
Any alteration, changes, modifications in one data centre will be visible throughout the chain which will ultimately help in taking counteractive actions before the suspected hack or intrusion.
Hire blockchain developers who know how to maintain such reliability throughout your application.
3. More scope for transparency within the decentralized network
Development of mobile apps with a fusion of such technology creates a room for transparency between the user and the enterprise.
The users dealing with such apps can ensure the safety of their data or piece of information, even they can track down the information of the company or history of the transaction they feel – at any point in time.
This will bring two good things – one, enterprises will get to share the data to the audience without the fear of it being hacked and second, the audience will feel valued with the amount of trust and transparency evoked by the business houses on them.
Both customers & businesses will enjoy the amount of transparency shared with each other.
4. Quick like a breeze business transactions
Since the information sharing is decentralized, the information doesn’t sit in single source hence there is no need to wait for the validation or approval from one head/central authority to process the transactions or business processes.
Any server or data centre can put a consent to the transactions and that too within the next few seconds of the request generated. This way, business won’t fall behind and will lead to faster business processes/ transactions compared to competitors.
Over to You!
Now you have understood how this disruptive & resilient technology will elaborate the qualities & functioning of mobile app development, Quantumsoftech with its blockchain development services is all here to utilize it inside the innovative & interactive applications of business kind.
Do you think your business might need an app that utilizes such innovative & trending technology? If yes, take out your phones and contact us with your preoccupied queries.
The wait is over! Hire the blockchain app developer from us now.
About The Author
Rishaj is a new-age content strategist, having strong sense towards written web material needs. He finds his middle ground in learning about new dominating technologies for businesses. Steering with an aim to help businesses find solutions to their queries with the relevant pieces of information.
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