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Decentralized applications blockchain

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Blockchain App Factory is Dapps development company using Ethereum Platform to create your decentralized application. The application consists of a customized smart contract as per the requirements of your application. – PowerPoint PPT presentation

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Title: Decentralized applications blockchain


1
Decentralized Applications Blockchain
2
Introduction
  • Have you dared to imagine a life without the
    digital ledger? If this sounds heart-wrenching,
    you probably fall into the category of blockchain
    enthusiasts. It is no childs play. You are one
    amongst the millions planning to initiate their
    ideas. With the humongous competition, how do you
    sustain? Spare some time to know more, before you
    dive into making a decision.

3
5 Steps to Start Blockchain Development and Get
Your Dapp Ready
  • Analysis, Analysis, and more Analysis.
  • Comprehending the components
  • The platform matters!
  • Its all about the architecture
  • Its time for configuration

4
  • 1. Analysis, Analysis, and more Analysis
  • The first step is to identify the root cause.
     Know your capabilities, make an accurate
    business analysis, clear up the audits, and
    create a business plan step by step. Make sure to
    identify the needs of the business.
  • Are you in need of a blockchain solution? What
    are the possibilities without it? Which platform
    should it be built upon? How will blockchain
    resolve the problem you put forward? Keep
    analyzing until theres a stronghold for the
    decision making process.

5
  • 2. Comprehending the components
  • The consensus mechanism is a crucial aspect and
    is defined as a fault-tolerant mechanism that is
    used in computer and blockchain systems to
    achieve the necessary agreement on a single data
    value or a single state of the network among
    distributed processes or multi-agent systems. It
    is useful in record-keeping, among other things.

6
  • The blockchain works in peculiar ways, only the
    member can authenticate transactions and there
    are different kinds of consensus mechanisms, such
    as proof of work (POW) and proof of stake (POS).
  • The POW needs a participant node to prove that
    the user is qualifiable for further transactions.
    The POS allocates partial responsibility to the
    participant node to maintain the distributed
    ledger.

7
  • 3. The platform matters!
  • Most of the platforms are open source and some of
    them allow to build decentralized applications
    without the blockchain. The biggest and most used
    platform is Ethereum. Research before you get
    into the details.
  •  

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  • 4. Its all about the architecture
  • The configuration is important. There are
    multiple ways to determine it hardware, software
    wallets, processors, and so on. Also, you need to
    be aware of the types of blockchains that you
    want to develop.

9
  • 5. Its time for configuration
  • User permissions, asset issuance, consensus, and
    the list goes on. It is extremely mandatory to be
    careful before starting out.

10
  • If this is worrying you too much, let us take
    care of it! Blockchain App Factory is a
    well-established blockchain based solutions
    expert. We build reliable and secure applications
    for your business needs. The services include
  • POC Development
  • Private blockchain development
  • Smart contract development
  • Blockchain consulting
  • Hyperledger development
  • Supply chain development
  • Cryptocurrency development

11
  • Visit our Site
  • https//www.blockchainappfactory.com/dapps-develop
    ment

12
Thank You
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