With the waves that cryptocurrency has been making for the past few years, blockchain application development skyrocketed, although it has been around for more than you might think.
This type of technology has given birth to tahe most popular cryptocurrency today, and that is Bitcoin. With the huge media attention that this crypto got, blockchain technology further evolved and extended its use.
Blockchain is now used in crypto wallets, banking, exchanges, and even gambling sites or games. This technology is getting more and more popular each day. Why you may ask?
Well, blockchain brings a series of benefits, that mostly improve the financial side of things. It’s decentralized, so it provides people a lot of transparency, while at the same time keeping your identity safe.
Besides, it eases the transaction process and further improves security due to its decentralization.
So, with all of those being said, we are going to show you how to build an app like this, and what features should be included.
1. Setting up
You must first think about what your app is going to do, and how will it use the blockchain.
Is it going to be a simple crypto wallet, an exchange, or a game? What cryptocurrencies are you going to feature? And what sort of public are you going to cater to? How are you going to implement the blockchain?
Basically, the thinking phase of creating this sort of app is the same as any other app development process. Once you’ve clarified it, it’s time to proceed to the next step.
2. Choose a platform
Now that you’ve figured out what type of app you want to develop, you must now find a platform to build it. There are many types of platforms, for just about any type of app.
Ripple and R3 Corda are mostly used for financial tools or trading apps. They are both easy to use and provide fast transaction times.
Just as with any other app, you now need to start developing on it. Remember that, while you might have a deep understanding of how blockchain works, others might not. So, put an emphasis on making the app as easy to use as possible.
Other key features you might want to include are security, such as two-factor authentication, and customer support.
Once this is done, you are ready to launch your app, however, your work is far from done. Instead, you’ll proceed to the next step.
The feedback of your users is key in this domain. Take every bit of criticism they offer you and use it to improve on your application.
Building a blockchain application can be quite difficult. You must have a deep understanding of how this technology works. However, don’t forget that you are building an app catered towards regular people that do not know much about blockchain.
So you must focus on making you as easy to use as possible. Also, since we are working with other people’s money, you must put a high emphasis on security as well.