Building Blockchain Android Apps 2.0: Key Advantages and Considerations

By Juned Ghanchi

For every business niche Blockchain technology brought the promise of decentralised database and never-before data security. Naturally, Blockchain is popular well beyond the financial and banking apps where the technology was originally started. After having been the most successful technology for securing financial transactions and safeguarding financial data, Blockchain technology now is being embraced by a variety of applications, and quite reasonably, Blockchain is already into mobile app development. Here we will mainly focus on the role of Blockchain in building Android apps.

The Value Proposition of Blockchain

Blockchain technology came with a rich reserve of promises, including delivering more efficiency in business processes. Actually, the challenges concerning adaptability that makes Blockchain so gruesome for many businesses also make it advantageous as well.

The benefits of Blockchain in securing data through a decentralised database and the drawbacks of Blockchain in adapting to a whole new technology with an altogether different approach actually go together. In the end, by handling the adaptability challenges, you can make Blockchain a better business ally.

Is Blockchain Right For Your App?

Whether Blockchain technology is the right solution for your business or not is something you need to think a lot about. It is quite sure that all apps do not need Blockchain technology. But if you have a mobile app that handles data like crucial currencies with a lot of security vulnerabilities, you should not waste any time to adopt a Blockchain decentralised database.

Why integrate Blockchain with Android?

If you have an Android app which is up and running well but has a lot of scopes to boost efficiency, Blockchain is a solution to deal with the app data and user access. If you are going to build a high-security Android app that handles data like currencies, again, Blockchain is the technology to go for.

Here are some reasons to embrace Blockchain by Android app developers.

Distributed Data

A distributed database is more accessible and remains available even in case of network failure because unlike other data stored in the centralised server, the Blockchain data remains closer.

With a fully decentralised app based on Blockchain technology, the centralised authority taking care of storage, data management, and data organisation of an app can be fully taken care of. Everything stored on blocks and distributed on ledger the data offers more accessibility, traceability, transparency, and zero scopes of tampering.

Optimum Data Security

According to the basic tenets of Blockchain technology, the ledger can only add data, but neither can change data or delete it. This means all Blockchain data enjoys full proof of security from data tampering. Moreover, Blockchain database to control the access and make it available only to the authorised users use secure cryptographic encryption.

Zero Scopes of Data Loss

Since Blockchain technology maintains data storage on a distributed ledger system making any update in the system equally available through the systems pertaining to a network, no data can actually be lost or damaged.

Various Types of Blockchain Apps

Blockchain into mobile apps is no longer just dominated by cryptocurrencies like Bitcoin and other financial and banking purposes. Let us have a look at various types of Blockchain apps in the market.

Electronic wallet apps that allow storing financial assets digitally and spending through them use Blockchain database for increased efficiency, security and accessibility.

Financial apps like digital asset tracker apps that update customers about the latest financial products, rates, cryptocurrency trades, market dynamics, etc. also find Blockchain as a useful technology.

Retail business apps allowing customers to make payment through digital assets or cryptocurrencies can also use Blockchain.

Tips for Blockchain-Based Android App Development

Now that we have explained the role of Blockchain technology in mobile app development let us provide some useful tips for the Android developers to utilise Blockchain to their advantage.

Have a clear idea of how it will work?

Blockchain technology is not for all sorts of apps. For instance, if you are rolling out a simple learning or personal productivity app, the use of this technology will be entirely out of context.

First, figure out how Blockchain will help your users and to boost the efficiency of your app? Secondly, consider and reconsider how you can use Blockchain to the optimum advantage of your app?

Deliver a Clean Interface

You may think of a high-level technology like Blockchain to contribute immensely to your app. But wait, the use of the technology will bear no fruit if you don’t give sufficient attention to the user interface and user experience.

Instead of incorporating technology on a point-blank note, think how Blockchain, along with a smooth user interaction flow will give users more ease, flexibility and peace of mind.

Which Type of Blockchain Should You Use?

Now, you need to take a call on which type of Blockchain is perfect for your app. You need to choose from a private, public or consortium Blockchain options. While with Public Blockchain, anyone can access the database and see transaction history, the private Blockchain requires mining the encryption to access data. Consortium Blockchain, on the other hand, offers a mix of both private and public Blockchain.

Decide About the Perfect Protocol

There are already several existing Blockchain protocols in the market. As per the choice of the protocol, the developers need to solve the issues arising out of an Android app. Instead of building a new protocol from scratch, you can choose any popular protocols like Hyperledger, Quorum, Ethereum, Corda and several others.

Determine the Parameters And Test

As building a Blockchain app needs a lot of money, effort, time, and resources. This is why you need to decide about the parameters of success about your Blockchain app success and test the actual outcome against these parameters.

Conclusion

Mobile apps already enjoy the upper hand over the web just because mobile apps, thanks to instant access and huge performance boost are already way ahead of the websites in terms of popularity and commerce. This is why all the companies that are adopting Blockchain for a competitive edge through mobile apps are actually heading in the right direction.

Author Bio:

Juned Ghanchi is co-founder & CMO at IndianAppDevelopers, a mobile app development company which have an expert team of app developers in India specialises in all mobile platforms iOS & Android.  He opts to share his expertise in web and mobile technology by content contribution on various reputed magazines and blogs.

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