Every business niche now realizes the
promise of Blockchain
Development as a decentralized database. Apart from living up to its
promise in securing financial transactions and preventing data breaches,
blockchain is now being incorporated into all other types of applications. As
mobile transactions are getting momentum for many businesses, blockchain-based Mobile
Application Development is increasingly getting popular.
The popularity is understandable with so
many statistical data confirming it. By 2021, the blockchain market spending is
predicted to cross $9.7 billion from just $945 million in 2017. IDC predicts
that in 2018 alone spending on blockchain will be a whopping 2.1 billion. The
technology will experience a 42.8% growth every year until 2022. Lastly, a
staggering 71% of business leaders across niches think blockchain will be the
key factor in the uplifting of technology standard.
 |
| How to Use Blockchain for Mobile Applicaton Development |
So, as a Blockchain
Developer, you have no option but to come into terms with blockchain. Are
you clueless about incorporating blockchain into your next mobile app? Do you
want to know about all the key steps and tricks of using blockchain for your
next app? Here we are going to explain how you can utilize blockchain for
Mobile App Development.
1. Know the Apps Blockchain Is Suitable
For
In spite of the wide-ranging advantages,
blockchain may not fit into every type of mobile app. For app-only publishing
content without any active transaction interface, blockchain may not be
required at all. On the other hand, any app sporting transaction interface and
payment gateways, or any app loaded with a mission-critical database, needs the
active support of a secure and decentralized database technology like
blockchain.
In multiple ways, blockchain can be
incorporated to boost the value proposition of a mobile app. It varies from
so-called financial and security apps to mobile apps for manufacturing
collaboration to apps for the supply
chain management.
Some Common Types of Blockchain-Based
Mobile Apps
•
An app for exchanging cryptocurrencies can make things easier for asset
traders and miners. Like stock market apps, such cryptocurrency
apps allow you to have total control over your digital assets and trade
with them. Cryptocurrencies that are powered by blockchain can be used for all
sorts of payment and transactions through such apps.
•
Electronic
wallet apps that can store your digital assets and money and allow you to spend on transactions involving blockchain technology.
•
There can also be digital asset tracker apps to provide you updated
information about the rates, cryptocurrency trades, market dynamics and a
portfolio of various cryptocurrencies.
•
Retail apps allowing its customers to pay through bitcoin
or other based cryptocurrencies is another type of blockchain-based app.
•
Smart
contract or self-executable protocols that respond automatically to some
predetermined triggers is another facet of blockchain that can be used in
mobile apps for driving automation.
2. Key Technology Considerations
Incorporating blockchain into mobile
apps requires an in-depth understanding of the technology and the variety of
constituents like the network, blockchain platforms, programming languages,
various processes like back-end, front-end, and quality assurance for different
mobile platforms, etc.
Key Considerations to Incorporate
Blockchain Into Mobile Apps
•
As for network options, you have two broad choices such as
'permissionless blockchain network 'that supports Bitcoin, Ethereum, etc. and
'permission blockchain network' supporting platforms like Multichain. The first
one boasts of wider and unrestrained access, while the second one is a closed
network ruled by accessibility constraints and regulations.
•
There are two broader categories of blockchain-based apps, respectively
as apps for cryptocurrency and apps for smart contracts.
•
The mobile app developers also need to choose between 25 blockchain
platforms including both open-source and public platforms, as well as private
platforms.
•
Apart from traditional programming languages like Java, C++, Python,
etc., the developers can also opt for advanced blockchain-specific languages
like Simplicity and Solidity.
3. Steps to Implement Blockchain
When the objective of implementing
blockchain for your app and respective benefits are clear, and when you are
over with the key considerations mentioned above, we can proceed to the
practical steps of blockchain-based mobile app development.
1.
Choose the suitable consensus-based method
As of now, you must have known that a
mutual consensus mechanism ensures the unconditional accessibility and security
of the blockchain. Now, you need to choose a particular consensus method that
suits your app character best. Some of the common alternatives are Proof of
Work, Proof of Elapsed Time, Proof of Stake, Round Robin, etc. You need to
select a method based on your app requirement.
2.
Design Architecture
Now you need to choose a configuration
for the design architecture. You can host blockchain with the cloud-based,
hybrid, or in-house model. Now you have an array of options for configuration
relating to the processor, operating system, disk size, and memory. The design
architecture should be chosen based on the mobile OS platform you are
developing the app for.
3.
UI and Admin panel Design
Finally, you need to develop the app UI
and admin panel of the blockchain app. This is achieved by using a front-end
programming language, an external database, and designated app servers. After
soft-launching the app by using the console, you need to connect it with
analytics.
Conclusion
It is always important to see your
blockchain application getting better over time with the valuable feedback from
analytics concerning performance glitches, storage, and memory shortcomings,
latency issues, and frequent crashes.
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