Should You Use DApps for Your Business?

App Development

Many businesses that deal with sensitive data opt for decentralized or blockchain-based systems. Moreover, they prefer using Decentralized Apps (DApps) when it comes to mobile or system apps. In this post, we’ll discuss the pros and cons of developing and using DApps for business:

Pros of DApps

Here are the reasons why DApps might prove to be beneficial for your business:

1.     Easier to Develop

It’s easier to implement certain business logic in DApps than in traditional single-server mobile apps. DApps achieve consensus with the help of complex protocols. So, greater complexity results in great abstraction. Hence, it becomes easier for the developer to create a DApp.

2.     Data Remains Safe

Despite constantly updating their security patches, mobile apps are often at risk of data theft. Because it’s based on a limited number of servers, it’s easier for hackers to access data unauthorizedly. However, DApps work on shared databases. There are countless devices on the platform serving as nodes. Hence, hijacking a single node won’t harm the company’s ability to access and control the app and its data.

3.     Transparency

After installing centralized apps, you’ll have to approve certain permissions. However, most apps want to access your data. Even though it’s your choice whether you wish to provide third-party entities access to your data or not, upon refusing, you won’t be able to use the app. This doesn’t happen in DApps. Because these apps are decentralized and on a public blockchain, no piece of information is hidden.

4.     Open Source

Because DApps are transparent, they are also easily accessible to everyone. These apps are 100% open source. So, if someone wants to verify the developer’s claims, they can check out the data and source code of the DApp.

5.     More Control

In the case of blockchain-based or centralized applications, it’s important for all parties involved to trust one another with controlling the data. However, businesses don’t face this issue with DApps, because there’s complete transparency. The decentralized structure enables every party to access data and features of the app without having to trust other parties.

6.     Minimal Downtime

Because the overall structure of DApps is quite robust, you’ll rarely encounter any downtime. Unlike centralized apps, DApps don’t run on a single server. It’s based on a network consisting of millions of devices or nodes. So, even if a few devices stop working, it won’t interrupt the functionality of the DApp. This is why DApps are great for businesses that can’t afford to face downtimes in their online operations.

7.     Cost-Efficient App Development

The transaction speed of DApps is a lot higher compared to centralized apps. Hence, a regular app developer would consider creating DApps more cost-efficient. You won’t need to install massive servers and spend thousands of dollars on their maintenance. It’s also not important to hire experts to manage and maintain DApps. Because it’s completely decentralized, therefore, there will be numerous developers in the network who’ll manage and maintain your DApp anonymously.

8.     DApps Can’t be Blocked

As we mentioned previously, a decentralized network has millions of devices. A specific IP address does not host DApps. Hence, such apps don’t have an undisputed owner or controller. Therefore, external authorities can’t block DApps.

9.     Data Will Always Remain Secure

When a piece of information is added to a blockchain, it remains there forever. Hence, losing data in a DApp’s network is highly unlikely. Your app’s data will remain secure and will be there permanently. Also, this makes DApps resistant to restrictions or modifications.

Cons of DApps

Here are some disadvantages of DApps:

1.     Traditional Security Systems Won’t Work

DApps can’t fail. Hence, they are resistant to various security threats. No matter what happens, your app will never suffer from issues like service downtime and data theft. Because, to corrupt a DApp, every device of the network should fail, which is nearly impossible. So, where’s the disadvantage? Well, for protecting centralized apps, you implement traditional system security measures. These methods do work on single-server systems but not on decentralized apps.

2.     DApps are Comparatively Slower than Typical Single-Server Apps

Centralized apps are faster and more efficient than DApps because they are based on a single server. On the other hand, DApps are based on a decentralized network containing millions of devices. Hence, processes face a lot of delays. Also, payments can take a while to process due to the massiveness of the network.

3.     The UX isn’t Great

DApps aren’t known for their user experience. Because of the slow experience, functions and features don’t feel as fluid and rapid as they do in centralized apps. Also, you’ll need a public and private key to log in because DApps are based on a blockchain. It’s hard to remember these keys, which is why many people prefer centralized apps.

Conclusion

Our app developer suggests using DApps for backend usage and data protection. But whether you want a centralized or decentralized app for your business, you should only hire app developers from most reliable app development firm.