Home Blockchain 10 top distributed apps (dApps) for blockchain

10 top distributed apps (dApps) for blockchain

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Imagine an application that doesn’t run on one server but harnesses the excess power of thousands of computers globally and that can be controlled by business automation software that ensures if a specific parameter is met, only then can a function be carried out.

That’s a distributed application – or dApp, as it’s sometimes abbreviated – and there are thousands available for download.

Running atop a blockchain, peer-to-peer (P2P) network that acts as a kind of operating system, dApps create an innovative open-source software ecosystem that is both secure and resilient. And it allows developers to create new online tools, many of which have piqued the interest of global business markets.

“DApps will pool resources across numerous machines globally,” said Juniper senior analyst Lauren Foye. “The results are applications which do not belong to a sole entity, [but] rather are community-driven.”

Bitcoin was arguably the first dApp, enabling anyone in the world to download a bit of open-source code to join a blockchain network and verify transactions using a “mining” algorithm, thereby generating digital currency (cryptocurrency) as a reward.

Like a RAIDed storage array, if one of the computers (or nodes) running the dApp software goes down, another node instantaneously resumes the task.

Because smart contracts, or self-executing business automation software, can interact with dApps, they’re able to remove administrative overhead, making them one of most attractive features associated with blockchain. While blockchain acts as an immutable electronic ledger, confirming that transactions have taken place, smart contracts execute predetermined conditions; think about a smart contract as a computer executing on “if/then,” or conditional, programming.

“DApps interact with smart contracts that are on the blockchain. So dApps support the user interface into the back-end smart contract that writes data to the blockchain,” said Avivah Litan, a vice president of research at Gartner.

Copyright © 2019 IDG Communications, Inc.

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