Negosentro.com |Top 5 Blockchain Apps You Need To Be Aware Of | Do you understand what blockchain technology is? It was first developed in 2009 for keeping the record of bitcoin transactions. However, blockchain has many other applications in different industries today.
Apart from making crypto transactions, blockchain is now used for personal identifications, easy settlement of business contracts, etc. Moreover, it is used for data integrity, personalized learning, and more.
Many blockchain-based companies have developed blockchain apps to offer services. You will find several apps for different purposes. In this article, I will share the top five blockchain apps that you need to know.
Using the following blockchain apps may provide you some value in your life. Read on to know about the list of blockchain apps. If you are running out of time, here is an overview of the article, you can bookmark this page and read in details later.
- Bitcoin: It is useful for financial transactions.
- Brave: This app allows secure web browsing with high privacy.
- BurstIQ: It is a handy app for the healthcare industry.
- MakerDAO: It is useful for contract settlement.
- Civic: This app can help you protect your identity.
Well, if you want to know more about blockchain technology, explore Blockchain Technology now let us discuss the above apps in detail.
Bitcoin is arguably the first app developed based on the concept of decentralization. Bitcoin has initially got many rejections as nobody could comprehend the idea behind it. Now it is more common among people because you can use it to purchase goods and services.
Some of the major companies, including KFC, Subway, Microsoft, and many others, accept payments in bitcoin. You can check what you can do with bitcoin in the app. So if you want to pay your bills in bitcoin, then this app is the best choice.
Over 9 million active users are using this platform. This browser uses an organic search model to attract users instead of click-throughs. The platform rewards Basic Attention Token (BAT) to the users who can drag new users’ attention with ads. BAT is a digital token and can be traded on crypto exchanges.
Burst IQ is a useful app for the healthcare industry based on blockchain. It is used to deliver medical information securely and anonymously from one place to another. One of the best features of this app is you can choose what information you want to share.
The app also helps the patients to get a personalized health plan on the recommendations of the doctor. So you can choose this app to use it for medical purposes.
Maker DAO operates on the Ethereum network. Ethereum is a blockchain network that provides one of the best features of smart contracts. Maker DAO can give you credits quickly than traditional banks.
However, the penalties for defaulters are very high, even more than traditional banks. Again, you can negotiate with anyone as it runs on a decentralized platform.
It provides a secure platform to keep your identity and personal information private. So you can manage who can access your data and how much information from this platform.
Moreover, it alerts you if somebody tries to get access to your information without your knowledge. It also offers a guarantee of $1 million cryptocurrencies, and it is the first platform to provide such benefits.
Finally, I hope the above context has given you some insight into blockchain apps. Blockchain will be extensively used in the future, so you can start using the apps from now. There are many other apps with different purposes, but you can start with the above apps.
Once you use them, you will get the idea of what kinds of apps are available in the market, then you can settle down on one app that feels like it was tailor-made for you. Please share your thoughts on this post, and if you have any queries, please feel free to ask.