Blockchain App Development From A to Z

Umbrella IT shared a new piece on our App Developers Blog under the title Blockchain App Development From A to Z.

Blockchain technology has been here for a while so the question “why use blockchain?” is no longer relevant. Now the actual matter is “how to develop a blockchain-based app?”

Umbrella IT has sorted out what the blockchain app is made of and what you need to develop your own.

Architecture of a Blockchain-based App

When developing an app, it is crucial to make sure it both runs perfectly and is organized properly. A correct architecture saves efforts, time, money and, in some instances, defines whether your project will be viable or not. After all, it’s always useful to plan the architecture of a product, even the simplest one.

This blockchain-based app architecture designed by Umbrella IT is universal and suitable for any business and industry.

For example, one of Umbrella IT’s blockchain projects based on this architecture is an app for a retail store market. The project mission is to automate the supply chain processes and to control the product transfer inside the intricate network from manufacturers to end customers. The main causes behind the use of blockchain technology in this project are the algorithms for smart contracts and digital signature generation. These two crucial cryptographic concepts of blockchain ensure the impossibility to falsify data or violate the integrity of the chain that includes the product information.

The blockchain app can be developed in 3 ways:

1. Use A Platform For Blockchain-apps
2. The easiest way to develop an app is to use a ready-made blockchain on a specialized platform. The most popular platforms are:

1. Most of Umbrella IT’s projects are built on Ethereum platform, which matches the basic criteria of quality: versatility, flexibility and development speed. But, of course, the final choice of the platform depends on the complexity and objectives of your particular project.
2. The procedure of decentralized applications development on Ethereum platform looks like this:

• A new smart contract in Solidity is created.
• The contract is uploaded into Ethereum network, which has its API and everything needed for a product launch.

1. This method is good as it provides a ready-to-use network and infrastructure with its own servers and miners and a basic toolset for app development. However, when you play you have to pay — each smart contract you create will be charged ETH fee for the use of the Ethereum computing resources.
2. Blockchain app development takes 2 weeks.
3. Deploy Your Own Network Based On The Open-source Platform
4. This approach refers us to the blockchain platforms once again. However, if you have chosen a specific platform in the previous method, you’re now restricted to the open-source only.
5. Let’s consider this case exemplified by the open-source Ethereum platform.

• Etherium’s open-source code is taken as a base and geared to the goals and objectives of your project.
• Based on its original code, an Etherium-clon network is deployed where smart contracts are created.

1. The great thing about this method is that the open source code saves your time and resources that otherwise will be spent on deploying your own network from scratch. Besides, you are exempted from paying fees for each conducted transaction. But there is a downside as well: your own network means that you will need to create and maintain a whole blockchain infrastructure.
2. App development takes 1+ month.
3. Create a Blockchain Project From Scratch
4. This is the 3rd alternative that also has its own very specific benefits and drawbacks. The project development requires the creation of the app on one of the high-level languages (С, С+, С#, Java) with a huge number of cryptographic algorithms which verify the data and ensure its retention inside the information blocks. That, in some way, brings the blockchain development together with mathematics.
5. This method is the best option when there are unique conditions for the product. For example, if it’s crucial for a project to be available only in a specific state, or if the algorithms of existing blockchain platforms don’t comply fully with your project requirements. Although there are some obvious drawbacks: this approach requires the additional budget for the construction, maintenance, and monitoring of a full-fledged infrastructure.
6. App development takes 6+ months.

The blockchain technology has already proven its relevance, and blockchain apps have gained the reputation of being a powerful business tool. But it’s important to keep in mind that each new project is unique in its value system, challenges, and goals. Reach out to developers who can advise you on a blockchain solution that will be the perfect fit for your business. Contact Umbrella IT right now!

Find more top mobile app development companies worldwide on AppFutura.

Originally published at www.appfutura.com.