Decentralized applications (DApps)
Decentralized applications (DApps) are software programs that run on a decentralized network of computers, rather than a single centralized server. These applications are built using blockchain technology, which allows for the creation of a transparent, secure, and tamper-proof ledger of transactions.
The main advantage of DApps is their decentralized nature, which ensures that no single entity can control or manipulate the network. Users can interact with DApps without intermediaries, enabling faster, cheaper, and more direct transactions.
Another key benefit of DApps is their ability to facilitate trust and transparency, as all transactions are recorded on an immutable ledger. This makes them ideal for use cases such as supply chain management, voting systems, and financial applications.
Overall, DApps represent a new paradigm in software development, enabling developers to create open, permissionless applications that can be used by anyone, anywhere in the world.