The expansion of Mobile apps & Blockchain - Reason Behind the Naturalization of Dapps in Business Development

Journey of Mobile Applications

The evolution of mobile application is one, that becoming most crucial factor in recent days. This drastic rise of mobile application is becasue of the reason that modern people stick easily to the usage of mobile applications than visting a web or mobile browser. It is known that people all over the world spend maximum of 3.5 hours daily on their smart phones using any of the mobile applications.

Let us have a recent statistics about the mobile applications growth that may clear you about the importance of mobile apps for your business development.

1. Mary Meeker's 2017 report says that the desktop internet users is falling and the mobile internet users count is rising accordingly.
2. The number of mobile apps download is increasing and it is expected to reach 258 billion in 2022 which is 45% rise over the five years.
3. It is projected that mobile applications can hit to $188.9 billion in revenue by the end of 2020.
4. There are upto 25% mobile apps are games apps and business lies in second-highest category which is less than 2.5 times than games.
5. 85% of the mobile users spent time in mobile apps while 13% spent on web.
6. 76% of people says that phones are useless without the mobile applications.

As technology improves, the mobile phone users also increases day-by-day and demand for the development of mobile apps also increases.

Now, I think you are now clear that developing a mobile application for your business can help you reach more users.

Now let us look at the demand for the majestic technology " Blockchain Technology ".

Evolution of Blockchain Technology

The most mainstream blockchain technology is one which is growing rapidly on the market in recent days.

This mass adaptation of blockchain technology is due to its two important characteristics " Immutability " and " Reliability ".

At its initial stage Blockchain Technology is just being used as a backend technology of Cryptocurrency. But now it has evolved as a technology that is being a backbone of most of the industries to grow higher and higher.

As Blockchain provides people security, reliability and trust over the data on it, it is playing a major role in the transformation of every industry.

Mobile app + Blockchain = Dapps

This above explained demands over the mobile application and also Blockchain Technology paved the way for the birth of dapps.

Dapp is nothing but a short form Decentralized Applications, which is a mobile application build on a blockchain network.

Dapps creates trust among the end-users about your product/services/buisness. Thus building a dapp for your business will be one of the useful way to grow your business.

If you have an idea of developing a blockchain-based dapp for your business, contact best Dapp Development Company who provides an end-to-end dapp development with enhanced features.

Hope this article is useful for you, Stay tuned to know more about Blockchain Technology !