How Blockchain Technology Can Fix The Mobile Application Economy

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How Blockchain Technology Can Fix The Mobile
Application Economy
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App Developer Trends

• Weve had many conversations with our app
  developer community and we noticed these trends-

• Return on investment for developing an app is
  getting harder.
• User retention is getting shorter.

• Good user experience.
• Number of ads makes it harder to monetize an app.

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Mobile User Trends

• Mobile users are getting more tech savvy and
  expecting more from their apps-

• They are very strict, require users to have a
  bank account or credit card and are not open for
  most of the mobile users.

• Users are looking to add peer-to-peer transaction
  capabilities.

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Blockchain Technology

• Blockchain technology will revolutionize the
  mobile app economy and create amazing
  opportunities for app developers.
• Blockchain not only protects user anonymity
  during a transaction but also secures the
  contents of the transaction itself.

• Decentralized database technology and an open
  standard platform that everyone can communicate
  with is something that mobile app developers.

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Benefits of Blockchain

• Identity Protection

• When it comes to security, blockchain has
  trustworthy mechanism that can assign private key
  encryption to users and work on cryptography.
• It is impossible to modify information while
  working on this decentralized public
• database.
• Every data that is entered in blockchain becomes
  general knowledge with its track record of origin.

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• Infrastructure Protection

• A major hack on the brands infrastructure can be
  removed by storing the DNS entries on blockchain.
  
• When the domain records are under the owners
  control its impossible for another individual or
  government to manipulate the entries.

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• Alternative to Passwords

• the data is already protected by the
  infrastructure of blockchain technology, its
  distribution allows authentication of devices and
  users without the need of password protection.
• The network decentralization helps in creating
  consensus between parties for authentication
  through the blockchain-specific SSL certificates.

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Advantages of Blockchain

• Simplest Form of Exchange

• Highly sophisticated and digital nature of
  blockchain makes the virtual currency a perfect
  option for cross-border and international payment
  transactions.
• Fast, swift and low-cost, with this
  cryptocurrency there are no foreign exchange
  rates or other hassles, several other payment
  options are slower and more expensive.

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• Safe Ecosystem

• Blockchain ecosystem is organized makes a wallet
  app a safe place to store, exchange, and use the
  crypto currency.
• Every transaction in the wallet is signed with a
  digital signature before its sent to the
  Blockchain.

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• Cost Effective

• The use of blockchain, secure payments are
  possible without slow and costly agents.
• Blockchain transaction is much more
  cost-effective and cheaper than its alternatives.

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Are You Looking for a Blockchain Mobile App
Developer Contact Us
https//www.consagous.com/blockchain-services/
https//www.consagous.com/ info_at_consagous.com
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