What is a Dapp? Decentralized applications, or dApps, are software programs that have their backend code running on a distributed computer network.Learn more
Many businesses are built around the idea of centralization. They facilitate safe and speedy transactions in exchange for a portion of the transaction. But what if that wasn’t necessary any more? Bitcoin has proven that no authority is needed to facilitate transactions. Decentralized applications will soon be able to do everything that centralized ones can, so what does that mean for the businesses that exist solely to take a cut of a transaction? In this video, we explain what a Dapp is, and what they mean for the future.
What are Dapps you might ask? Imagine having your car working away, transporting passengers while you’re at work. Imagine having your computer utilizing its spare capacity to serve businesses and people across the globe. Imagine being paid for browsing the web and taking ownership of your, arguably invaluable, attention. Imagine a world like that. That world is not far away.
A paradigm shift in the way we view software models is approaching. When Bitcoin, the first cryptocurrency, made us reassess our definition of Store of Value (SoV), it also revealed a sneak peek of the future: a world running on decentralized applications (Dapps). These distributed, resilient, transparent and incentivized applications will prove themselves to the world by remapping the technological landscape.
For more blockchain guides, courses, and videos, visit us at: