Imagine having your car working away, transporting passengers while you’re at work. Imagine having your computer utilizing its spare capacity to serve businesses and people across the globe. Imagine being paid for browsing the web and taking ownership of your, arguably invaluable, attention. Imagine a world like that. That world is not far away.
A paradigm shift in the way we view software models is approaching. When Bitcoin, the first cryptocurrency, made us reassess our definition of Store of Value (SoV), it also revealed a sneak peek of the future: a world running on decentralized applications (Dapps). These distributed, resilient, transparent and incentivized applications will prove themselves to the world by remapping the technological landscape.
Want to learn about Dapps in greater detail? Check out our dedicated blockchain courses on Dapps and Ethereum.
As the concept is still in its infancy, there might not be one definition of what a Dapp is. However, there are noticeable common features of Dapps:
The inevitable onslaught of blockchain adoption will render numerous practices obsolete. It may be a bold and distant conjecture, but services such as banking will be made redundant as the world learns to operate and finance itself by self-sustaining, trust-less and decentralized networks.
Read complete article here
