You might have heard of this buzzword before. It sounds exciting and cutting edge and is the driving technology behind bitcoin technology. But you might be wondering how can we use blockchain in mobile apps?
As always, it’s important to understand what blockchain is. It’s a list of records, called blocks, that are linked and secured using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp and transaction data. It is impossible to modify data within a block without affecting all other blocks.
It will take some time for technologies like bitcoin and blockchain to integrate into our lives but developers are have already been experimenting with it in mobile apps. This brief guide seeks to educate mobile app developers and entrepreneurs on the blockchain and its use in mobile apps.
What’s all the hype about?
In short, the blockchain decentralizes the authority of online transactions. It’s an anonymous system of verification and transaction initiation. It is egalitarian by nature and marks a revolutionary shift away from traditional payment methods.
A new way to pay
iOS 10 opened the door for developers to allow blockchain payments. It’s a monumental step for social payments systems. A recent partnership with the and Apple now allows users to send payments through iMessage. As you can see, it is well on its way to being a regular part our digital experience.
Being able to leverage blockchain technology can open doors to a whole new world of consumer protection and confidentiality within your app. The community is confident that it will become the new industry standard for encryption and privacy.
The future of blockchain
While finance seems like the extent of which the blockchain can disrupt. There is a lot of opportunities to leverage it elsewhere such as healthcare and cloud storage. Developers are finding new ways to integrate the blockchain in their apps.
Overall this is a particularly hot trend, and it’s worth keeping an eye on. You can read more about application trends here.