Decentralized Applications
Decentralized Applications (dApps) are software applications that run on a decentralized network, typically a blockchain, rather than a single centralized server. They leverage smart contracts and peer-to-peer technology to operate without intermediaries, ensuring transparency, immutability, and censorship resistance. dApps often include features like tokenization, governance mechanisms, and decentralized storage to enable trustless interactions.
Developers should learn about dApps when building applications that require high security, transparency, or resistance to censorship, such as in finance (DeFi), gaming, supply chain, or social media. They are essential for creating systems where users retain control over their data and assets, reducing reliance on central authorities. This is particularly valuable in industries prone to fraud or where trust is a critical issue.