The world is transforming traditional methods of transactions. Nowadays, performing an online transaction is no longer a grinding task. Netbanking, PayPal and Direct Bank Transfers, everything has a presence on your smart phones, giving you the ease to make transactions on-the-go using Mobile Wallets. Thus, you can transfer a big amount in a short span of time, using your Android/iOS applications. Similarly, social media and messaging is also available, in the form of apps, on your smart phone.
Thus, a digital method exists for every act that you wish to perform!
Blockchain is fast becoming the front and center of the technology discussion with intuitive applications being powered by its infrastructure. It is a method to protect user’s identity and securing the transactions itself. Many leading industry giants, financial companies, information technology leaders and even governments are opting to develop and deploy applications on Blockchain to enhance the method of transactions. Businesses and consumers can protect their clients and themselves from any type of vulnerabilities.
The fastest way to spread a blockchain based application is by launching mobile (Android and iOS) versions of the same. Android and iOS platforms have been adopted by all tech companies, however, applications built atop Blockchain may take a while to reach there due to some obstacles in developing mobile applications on blockchain :
- Challenging Technology:
Mainstream developers find it a bit of mayhem. When we refer to the term “Blockchain apps”, it will be developed with Android or iOS. Now, if we consider Blockchain platforms like Ethereum or Hyperledger, they are likely to be a bit tricky to operate. It’s different components like smart contracts or decentralized autonomous organizations do not have much compatibility to traditional Applications.
2) Limited Scalability
If we dig through the workflow of Blockchain, each of the nodes should be fully active to process every single transaction. Hence, there is no central party responsible. It is a compulsion for each of the nodes to participate to secure the system with a copy of the full state. Thus, it is very much important that your Blockchain network works flawlessly to make each transaction better. When it comes to developing an app specialized for Android or iOS, Blockchain platform might not be updated in real-time due to operator/network issues, hampering the performance.
3) Vague Blockchains
If we consider recent public Blockchains such as Bitcoin or Ethereum, they are still not fully acceptable. No doubt Bitcoin payments created a whole subject to wonder. But still, they are not as clear as they should be for the commercial usage. Thus, custom blockchains or forks could be required to create a functional application that is compatible with Android and iOS platforms.
4) Privacy Issues
When you are working with Blockchain technology to build your Android and iOS apps, it is critical to track real-time transactions. The key reason behind this uncertainty of security is when someone establishes a connection, they will have an immediate access target with cookies and web trackers. These need to be analyzed and handled efficiently through your mobile platforms to ensure smooth functioning of the applications.
5) Lack of Platforms
While iOS or Android maintains a strong backend support, Blockchain application development tools and frameworks remain limited, making it challenging for a new developer to venture into it.
Though, Blockchain is evolving day by day, its translation onto usable applications like Android and iOS is restricted due to limitation in resources and tools.
Sate Development recognizes the business value of developing mobile applications for your use cases, on blockchain. Thus, Sate Development has spent the past year developing multiple mobile and web-based applications that can seamlessly integrate with blockchain platforms. If you are looking to build your new iOS or Android app with Blockchain, reach out to Sate Development to make your go-to market strategy easy, effective and hassle free with function mobile applications.
Sate Development is India's first company to leverage blockchain technology to create enterprise solutions.
We are disrupting existing solutions in virtually all verticals by building systems which function without trusted central authority.
Our solutions replace third party intermediaries with pure technology
Yes, Today we are going to discuss about the concept “Blockchain In Telecom Industry” .
We already know that Blockchain have started to transform many industries like banking, SCM, Fashion, Food, Medical and so on.
Existing problems in Telecom Industry
( i.e) the number of mobile internet users in India is about 358.46 million people (2018) This would increase in count furthermore, so as of 2021 the count will be nearly 462.26 million.
Based on the market share and customer base, the list ascends as follow.
Cost per Minute ( Acquiring charge of connecting STD,LOCAL, ISD calls per Minute)
Ready to build a proof of concept for your business's blockchain initiative?
and Why Companies Should Build a Blockchain PoC in 2018 and How They Should Do It.
Curious to learn what all its latest release ‘TRON 4.0’ brings for all?
If yes, you have landed at the right place.
This article provides an overview of TRON, explaining it already existing upgrades and finally focusing on the latest version of TRON.Read More: https://bit.ly/3iYq63T
Blockchain technology continues to gain popularity day after day.
Only the massive phenomenon that the internet brought about in the 1990s is comparable to the social impact that this technology is having.In the year 1998 there were a million users on the Internet.
Even so, in many sectors the important advantages it offers are already being exploited.
Thus, information on the status of a patient can be collected through this system and a historical record of all patients can be kept.FeedingImportant companies in the sector such as Walmart are developing food safety applications, through which consumers can learn about the process a food has gone through until it reaches their hands.The American company Corporation Cargill has been one of the pioneers in using the Blockchain system in food.
The enormous complexity that usually accompanies these systems makes the entry of this technology even more favorable, thanks to the automation of processes, the reduction of administrative and customs procedures and the reduction of fraudulent activities.It is true that in this area it is proving costly and slow, but the introduction of this technology is already being noticed and promises to revolutionize the concept of transport and logistics in the next decade.
The Bosch-led consortium has been running for more than a year and has already incorporated blockchains into logistics supply.
