Blockchain is something that has taken the world by storm by its functionalities. It is one such technology that has the potential to better the security option. Blockchain technology can be considered as the security guard of the payment processes. Blockchain are list of blocks wherein each blocks contain cryptographic hash of the previous record and information regarding the transaction and the encrypted keys. Data can be accessed easily along with complete security. Even the slight modifications in the data will be notified to the user.
This safety feature of Blockchain is now being used by mobile app development companies to make their app more secure. Developers are integrating this technology in mobile apps because it provides an unaltered database making it more secure. Below listed are some of the blockchain features that can help developers in securing mobile apps.
Improve identification process: Blockchain technology have improved the user identification process. For verifying user identity, blockchain adopts the use of digital signatures offering all its users a private key that is encrypted for effective identity verification processes making misusing of information more difficult or even impossible. Hackings or modifications on decentralized public database platforms becomes difficult.
No need of using a password: No matter how complicated your password is, the chances of hacking or leak are still there. But in case of Blockchain technology password is not needed for authentication. This is because during a transaction the two parties make payments through SSL certificate. Blockchain network makes sure that everything is visible and accessible to eliminate the possibility of fraud.
Protecting infrastructure: Blockchain technology allows mobile app development owners to move the core target of infrastructure to a more secure area of the decentralized platform. It allows the app owners to store DNS entries on blockchain where they will have a distributed and transparent DNS and will have complete control over their domain records. This ensures that the data cannot be modified without the party’s permission and cannot be changed even by the government.
Data transparency: Blockchain enables users to share their data on the decentralized system which can be accessed by everyone on the network in real-time. But it is not possible for anyone to alter the original data without one’s permission. Blockchain provides data transparency and security by avoiding the need for third party.
Below listed are few factors to consider before choosing Blockchain for your app:
Testing and debugging: Developing, testing and debugging on a distributed network is a tuff task and expensive when compared to a non-distributed network. So developers should be ready to resolve these while working on distributed platform like blockchain.
Legality: When handling transactions legal framework is necessary. In case of blockchain, validating data is challenging and blockchain does not have the same level of legal framework. Hence developers have to make proper research on Blockchain’s legal structure for developing an app with solid legal framework.
Blockchain platforms: Developer who wants to include Blockchain in apps should have complete knowledge on its various platforms. There are many platforms available for Blockchain like OpenChain, HydraChain, Eris, MultiChain and many more. Developers can check these platforms and decide which suits best for their app.
Blockchain in the field of mobile app development will explore new possibilities and features. If you are thinking of hiring a company that can wisely make use of Blockchain technology in developing the mobile app, then visit FuGenX Technologies. FuGenX is one of the best Blockchain apps development companies Bangalore, India with highly experienced team of developers and delivers the best services on various Blockchain Platforms.
I am Rachana, working as a Business Development Executive at FuGenX Technologies. FuGenX is a CMMi Level 3 company and is a fastest growing mobile app development company in Bangalore, Delhi, Hyderabad and Ahmedabad, India. It provides services based on Artificial Intelligence, Data Science, Big Data, Automation, Machine Learning, Deep Learning.