Blockchain Applications | Top 5 Decentralized Applications | Blockchain Training | Edureka
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The document outlines the advantages of decentralized applications (dApps) over traditional applications, highlighting benefits like autonomy, accuracy, trust, and backup. It details specific dApps such as Blockverify, a blockchain-based anti-counterfeit solution, RippleNet for fast global payments, and Storj for decentralized file storage. Additionally, it mentions Ethlance, a platform allowing freelancers to work without service charges, relying solely on Ethereum gas fees.
Blockchain Applications | Top 5 Decentralized Applications | Blockchain Training | Edureka
- 8. Autonomy: You’re the one making the agreement; there’s no need for a broker or a lawyer. Accuracy: On Smart Contracts are not only faster and cheaper but also avoid the errors that arise from tedious manual work Trust: Your documents are encrypted on a shared ledger Backup: On the blockchain, your documents are duplicated many times over Advantage Of DAPPS
- 9. BLOCKVERIFY
- 10. BLOCKVERIFY Blockverify is a Blockchain based anti-counterfeit solution Identify Counterfeits Non Duplicatable Company Verify Global Solution
- 11. BLOCKVERIFY Blockverify can verify the following: Counterfeit Goods Diverted Products Stolen Merchandise Fraudulent Transactions
- 13. RippleNet is a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to provide a frictionless experience to send money globally. Unreliable SlowExpensive
- 14. Transactions over the Ripple Network promise: Access Fast Reliable Low Cost
- 15. STORJ
- 16. STORJ Storj is an open source, decentralized file storage solution. It uses encryption, file sharding, and a blockchain-based hash table to store files on a peer-to-peer network. Fast Private Cheap
- 19. A prediction market protocol owned and operated by the people that use it. Weather Prediction Political Forecasting Event Hedging Company Forecasting
- 21. The future of work is now hire or work for Ether cryptocurrency 0% service Charge Decentralized No Restriction
- 22. No Cuts, Only Savings! Ethlance doesn’t take a percentage of your earned Ether. The amount of Ether the employer pays is the amount the freelancer gets.
- 23. No artificial costs or restrictions Everybody can apply for, or create, an unlimited number of jobs. All that is needed is to pay Ethereum gas fees associated with these operations.