Decentralized applications (DApps) are applications that run on a P2P network of computers and have existed since the advent of P2P networks. Dapps is one of the many exciting uses of blockchain technology that runs on blockchain networks, such as Ethereum.
The key advantage of a DApp is its higher level of security and there is no single point of failure and thus makes it virtually impossible to attack the whole network.
Decentralized applications result in faster & cheaper transactions and also offers efficient as well as an affordable way to handle big data.
Records stored on the blockchain are secured through cryptography and this transparency adds to its security, as every transaction is easily verifiable.
It involves community involvement, as everyone in the network can actively participate and contribute to the decision-making process.
Mobiloitte is the most looked for after Blockchain Development Company in India having long stretches of involvement in creating decentralized applications for customers over the globe. Our DApp developers offer exceedingly adaptable Decentralized Blockchain Development Services at moderate and focused market rates.