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The best part of emerging technologies is they possess the whole gamut of opportunities. IoT, AR, AI, and Blockchain are a few examples of such disruptive technologies. They are capable of revolutionizing the conventional mobile app development process. Here we are going to discuss how blockchain technology is going to impact the app development and business in 2019.
Let’s start with the business benefits of blockchain mobile app development
The blockchain-based apps aim at offering a secure online transaction. Whether it is an Android app or an iOS app, the blockchain technology enables the app users to get rid of waiting long for ensuring secure transactions. The biggest advantage of this technology is it eliminates the need for middlemen and even the bank staff for seamless online transactions. It can save both time and money of the app users.
Thinking about the biggest beneficiaries of secure and swift transactions, we can name banking, finance, and eCommerce sectors. But, this benefit is not limited to these sectors only. Any B2B or B2C business that deals with the online transaction can take advantage of the secure transaction offered by the blockchain technology
One of the biggest benefits of blockchain app development is it decentralizes the transaction process and brings more transparency. Let’s take an example of Bitcoin, the cryptocurrency works on the basis of the blockchain. The bitcoin is a decentralized form of currency that can reduce the stress over inflation. It can remain free from any restrictions related to cash circulation as it has nothing to do with printed currency.
The Bitcoin technology brings transparency in the system and provides comfortable online transactions to the app users worldwide.
When it comes to the safety of the customer’s confidential data, there is no match of bitcoin technology. It provides unmatched security to corporate data and transaction details. As the name suggests, there is a series or chain of blocks in which the transaction-related data is stored. Now, this chain of blocks is very difficult to tamper or damage to access the data. The additional encryption level makes the transaction highly secure and resistant against any cyber attacks.
Today, as the incidences of data breach and hacking are increasing at a rapid pace, blockchain can offer robust security to the critical data.
Benefits related to privacy and integrity are self-evident for blockchain mobile apps. The app users can readily verify the system and every transaction. It can enhance the user’s confidence in the system and your customers’ trust in your business model. In brief, the blockchain offers decentralization while keeping focus on the transparency and privacy protection of the users.
The iOS and android app development solution can avail the benefits of thriving blockchain technology. Here we mention some useful tips to grab the opportunities offered by blockchain.
Well, if we think from the developers’ viewpoint, this point comes later, but for entrepreneurs, it is necessary to identify the reasons or objectives before opting for blockchain-based app development. It is better to find the answers to the questions like
Does my business involve online transactions?
Does my business model need any finance related functionality in the app?
Does my company deal with the customer’s sensitive data?
Which goals can I accomplish by creating a blockchain-based app?
Answers to this questionnaire can help you make the roadmap. The clearly defined objectives can help you come up with the right app solutions based on the blockchain.
Like any enterprise mobile app, the blockchain app also needs to figure out a proper strategy prior to development. The strategy should be in line with your business model, the user’s requirements, market trends, and business needs. You can get a successful app with the help of a proper strategy.
Your blockchain-based app is representative of your business on the mobile platform. The blockchain app development company can guide you in a better way about how this technology can help you realize the primary objectives if you contact them with a strategy.
Platforms hold the key to success for blockchain mobile apps as well. The mobile app development company can utilize the features of specific platforms in a way to make the blockchain-related features more effective in the app. It is necessary to determine the issues while developing an app because it can enable the developers to solve them for Android, iOS, or both the platforms.
Blockchain can be used in business apps developed in both Android and iOS frameworks. Here, you need to pay attention to the development of an interface to leverage the potential of such an app. Though the app developers also focus on building a user-friendly interface for your app, their approach is tilted toward the user experience rather than your business model. Therefore, you need to collaborate with them to make it in line with your business.
You can choose between the public and private blockchain network for your app. It is an important decision because for a private network, you need to run the software privately without any third-party access and assistance. You can join partners and trusted peers in your private network and give them access to the blockchain-enabled mobile app.
You can also opt for BAAS (Blockchain as a Service) offered by software giants like Microsoft, Amazon, and IBM. The app development company can integrate your business app with the BAAS. In other words, a proper analysis of all available solutions in the thriving domain of blockchain.
The Proof-of-Concept (POC) approach can enable you to test your idea while creating an Android app development solution. You can get information regarding the business outcome with the help of POC. It is an affordable and yet effective approach to ensure the success of data migration in your app’s project. However, it is necessary for you to define the success measurement criteria before using this approach.
Finally, come the development and deployment of your blockchain business app. A platform-specific or cross-platform app development process is utilized for developing an app. Advanced tools and expert app developers can work wonders for your app.
After development, your app goes through an extensive testing procedure before launching on either the Apple App Store or Google Play.
Every aspect ranging from developing to release your app can be handled professionally by the reputed mobile app development company.
Blockchain technology can change the mobile app development process for both Android and iOS platforms. It makes the custom app more secure while enabling the app developers to take benefits of platform-specific features. In a way, companies can offer a secure and pleasant user experience. Though the Blockchain is still in the nascent stage, it is fair to mention that blockchain can open the doors of new possibilities in the app world.
As one of the best app development companies in the USA and India, Solution Analysts believes in integrating advancements of futuristic technologies like AI, AR, IoT, and Blockchain to deliver innovative and user-friendly app solutions. Our team of expert blockchain app developers can build a future-ready app with an additional layer of security and excellent functionality. Connect us through firstname.lastname@example.org to know more about Blockchain.
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