Blockchain technology is a decentralized system, and so it does have the traditional servers of other technologies. However, every user is responsible for verifying the information exchange in a blockchain. That is why Blockchain applications of dApp come into the picture. You can create a blockchain app in 10 minutes and explore how this technology works.
Since data sharing with all members is possible, and blockchain monitors them in real-time, technologies built on blockchain are difficult to alter. This concept only makes it advisable to utilize dApps to promote decentralized databases.
There are enough reasons why apps on a blockchain beat every other way. Firstly, transactions are easier and faster with blockchain wallets, an area in which Banks are falling short.
Also, there is no better place for cryptocurrency exchange than a blockchain app. The price change is also transparent, and one can easily monitor the market. Another reason why blockchain stands out is the high security. Unlike banking apps, dApps are not vulnerable to attacks and hacks.
In summary, with blockchain technology, you have faster and simple transactions. Crypto exchanges are also incredible. And your security from cyber-attacks is ensured. These are enough reasons to build on blockchain apps.
But it might be a bit tricky if it is your first time. So, I will show you how to build a blockchain app.
This section will discuss a step-by-step guide on how to build a blockchain app with Waves Keeper and Waves Explorer.
You can download the waves keeper extension on your browser and install it. Next, click on the create account.’ Enable the testnet option on the bottom of your screen as it would help you experiment with transactions on your token.
When creating your account, you must fill in the blanks fields. And this includes your address, private keys, public keys, and Backup phrase. Waves keeper can generate the necessary API keys for you.
At this point of the account creation, you will have zero in your balance. However, the wave faucet issues 10 test tokens.
This step involves communicating your transaction to the blockchain. Completing a transaction refers to the record of an action, which is a vital element of a blockchain. These transactions could be issuing a new currency, transferring money, exchange, or even mass transfer.
There is a specific transaction for every action you take on the blockchain. You should choose from the various transactions available for you.
For this tutorial, we will use Data transactions to build our blockchain.
Since sending Data is the purpose of building the blockchain, you can select ‘Data transaction’ from the options.
However, we have to send this information to the blockchain. And that will be the discussion in our next section.
Users can send data functions to the blockchain. With these, they can put in information about the data transaction. You can complete this action using wave keepers. And you can also store the certificates on a public blockchain so that only you have access to make changes.
Waves Keeper also allows users to verify the certificate. You have to click on the ‘check certificado’ button, then request an API from the blockchain.
A link can also work well in completing the verification on Waves keeper. Here, the verifier does not need to fill a form as the filling is automatic in this case.
So, with these, users can add functionality or certificates for a better user experience on the app. And this can quickly help to transfer data while also giving you the freedom to explore more functions.
Below is a list of some of the real-life applications of Blockchain technology in various niches;
- Spotify; Uses blockchain to organize artists’ tracks on the platform and their license agreement.
- IBM; Helps logistics companies monitor the supply and status of their products
- MedRec; Involves Blockchain in healthcare, providing services in hospitals, pharmacies, and insurance companies.
- Securrency; Is one of Blockchain’s applications in exchanging cryptocurrencies and tokens.
Decentralized blockchain apps can help you to increase revenue in your digital businesses. The dApps can support business operations in the following ways;
- Transactions Systems; Traditional payments are okay, but if your customers are using crypto, integrating blockchain’s translation systems would be a valuable decision. Exchanges are faster and more cost-effective.
- Authentication; Businesses can also avoid interference in their communication with blockchain’s security. Since only authorized users have access, this technology works well.
- Cloud Storage; Blockchain technology can provide fast and efficient storage for your business data.
Building a blockchain-based application for data transfer, storage, or security is an excellent substitute for the traditional database. While blockchain’s decentralized systems allow access to multiple authorized users, their transparency and security are top-notch. The best part about technology is that; you can learn how to create a blockchain app and apply them for various purposes.
It is one of the best ways to facilitate fast transactions and make exchanges. This post highlights how to build a blockchain app with Waves Keeper, and it is a perfect platform for ensuring a good user experience.