How to develop a blockchain application?

Innovative technologies have permeated and impacted every sphere of our lives. The world is continuously enfolding a plethora of technologically advanced applications at the fingertips of billion people. The further advancement is what blockchain-powered apps behold as a promise to build a digitalized and open world. The ubiquitous, transparent and immutable nature of blockchain to remove the role of intermediaries between users that exchange messages, money, or data has opened numerous opportunities for blockchain app development.

 While looking to build blockchain apps or dApps, it is essential to note the following steps.

Step 1: Clarify your application strategy.

The first and foremost phase is to determine and create your ideology about the blockchain-based app you need to suit your requirements. Be concise, precise and clear about the goals and objectives that you need to develop in a blockchain application. It will help you formalize your ideas through research, analysis and streamlining its best features and functionalities accordingly.

Step 2: Select the appropriate way to handle the blockchain database.

It is essential to choose one of the following four ways to build your blockchain app from a technical standpoint.

  • Plug into open blockchain for your application by integrating Ethereum or Bitcoin into your mobile solution.
  • Create a private network with blockchain software and run it privately without third parties open access.
  • Select a BaaS (Blockchain as a Service) provider and integrate their cloud service into your app. For example, Amazon, Azure, and Microsoft all offer BaaS products.
  • Build your blockchain network on the most suitable platform.

Step 3: Define the most suitable blockchain platform.

The choice of platform will decide and influence the type of skillset and technology stack required to build the blockchain app. A blockchain app gets implemented on various blockchain platforms like Ethereum, Hyperledger, Tezos, Ripple, R3 Corda, etc. Depending on the platform type, developers use different languages like solidity, simplicity, etc., to develop the blockchain app.

Step 4: Initiate the Development Process.

The blockchain app development process depends upon the type of platform, language, interactive strategy of transactions among nodes and the consensus mechanism. Every blockchain app undergoes the following stages of development.

Technical Analysis: It includes every detail confined to fulfill the objectives, from technical specifications to frameworks, libraries, and operating systems.

Design:  The design complexity defines the overall computation metrics of the total development budget.

Preparation stage: It involves the setup of the development environment, APIs, backend, and architecture.

Development and Quality Assurance: After the development, a QA undergoes runs a full regression test to check that everything works correctly.

Deployment: It involves the eventual stage where an app is launched, complying with the terms and conditions of the App Store. It is equally important to analyze both performance data and user analytics.

Maintenance: It includes the necessary updates to libraries, frameworks, and operating systems and the implementation of new characteristics according to existing business requirements.

Step 5: Deploy and maintain your blockchain app.

Deployment serves as an eventual stage of DApp development. Once the app is ready and accomplished various checks, it is finally revealed or launched through app markets. It is also crucial to update the app from time to time to support new versions of libraries and operating systems through effective maintenance services.

It is not surprising that blockchain technology has quickly found its way into numerous apps worldwide, uplifting the nature of financial transactions. Decentralized blockchain apps ensure high security facilitating speedy international transactions with greater transparency. Thus, developing and integrating blockchain-based apps offers proliferative ways to raise the existing business potential to the next level. A blockchain development company can help you build a scalable and secure blockchain application to elevate your business operations.