Blockchain technology was first used for financial transactions, but nowadays, its scope is increasing rapidly. Today it is applied in a variety of industries like e-commerce, data management, energy, online voting, gaming, e-governance and many more.
A number of commercial and open source platforms provide the framework for creating applications that support a blockchain. A blockchain product must fulfil the following primary requirements:
- Create a live and distributed transactional database
- Create user identification labels for active parties
- Each transaction must be verified on an active ledger for approval
- Transactions should stop in case of any non-verification
To develop a smart mobile blockchain app, one needs to use a transaction and ledger model. For easy and quick blockchain app development, there are various open source platforms available, some of which are featured here.