dApp Development Company
dApp Development Company – Hire dApp Developer
What is dApp and Why do we need it
Simply put, dApp is an application that has it’s back end running on a decentralised peer-to-peer network with no centralized party in place to track and monitor the working. E.g. apps that are running on the Ethereum Blockchain. Not only these apps have the capability to organize a big supply chain but with dApps, the relationship between the service provider (SP) and the user (CP) will be a flexible and more transparent one.
As blockchain technology starts optimizing the business systems on a mammoth scale, our team of innovators has taken the plunge to become the best top-tier resource for dApp development for your company. At OyeLabs, we thrive to build cutting-edge products, from cryptocurrencies to smart contracts, in order to help our clients maintain their lead in the race towards a decentralized, contoured future.
What We Offer: Our Services
Custom dApp Development
dApp Update Services
Technology & Tools We Use
Perks Of Using Blockchain Technology
This is one of the blockchain’s main features. Intermediaries are not needed, or trusted third parties are not required to confirm transactions because each transaction is registered on a dispersed repository which acts as a “consensus mechanism” that is manipulative.
As each transaction is documented and verified on a decentralized, publicly apparent blockchain, consumers are satisfied that the scheme works as intended, in an open and transparent way.
It’s almost impossible to make unlawful modifications to a blockchain. Due to the distribution of blockchain over a solid computer or node network, the compromise between one or more nodes has no impact on this consensus-built blockchain. This makes blockchain exceptionally appealing as a highly durable leader to hackers.
Lower Transaction Cost:
No third party intermediaries are required to conduct, approve or check operations under a blockchain transaction system. Since there is no intermediary, and the blockchain system itself carries out directions, you can decrease a transaction considerably in terms of moment and cash invested.