How are Mobile Apps using Blockchain? With the immense competition among mobile Apps, most developers are testing several new technologies to get ahead.
Blockchain is among the most popular technologies now used by mobile App developers. One reason for this is blockchain’s association with cryptocurrencies like bitcoin. It’s now used in mobile applications to make transactions safe, secure, and fast.
What is Blockchain?
A blockchain is a list of records, called blocks, each connected to the next using cryptography. For security, each block contains a cryptographic hash of the previous block. A cryptographic hash is like a coded version of a part of the block’s code. Further, each block also has a timestamp and transaction data. Oftentimes, blocks are represented as a Merkle Tree.
This technology has been around since 2008 and is now making its way into many different spheres of the digital world because of its growth potential and high-security level.
Blockchain in mobile Apps
Blockchain is generally used in mobile Apps to modify the usage in order to make the app installation procedures simple and easy. It offers a greater ability to reshape the mobile industry with its outstanding features than any other technology available today.
Blockchain in mobile apps ensures tremendous growth for the coming years. Check out the following infographic on – Blockchain in mobile Application Market, developed by winbtc.net in partnership with AC Market.
This article was originally published on WinBtc.net.