mobileappdevelopmenttips-blog

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The world has become a global village and to tap into unexplored resources, it is important to be technology driven. Chatbots driven by artificial intelligence may be the next big thing and the giants in the industry don’t wait anymore to incorporate it in their digital marketing strategy. Here is an article by debutinfotech comparing Chatbots and Apps gives you clear vision on who wins the race in future.

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How Application of Blockchain Technology will change Mobile App Development World

In the past few years, the mobile app development has seen a huge rise in the demand for skilled mobile app developers. As we can see that people nowadays are using smartphones for executing daily tasks from working to shopping, for traveling, for booking tickets, paying bills and sharing etc.

Here blockchain technology not only makes these transactions possible but also provides security for the confidential information. Mobile app development is just one type of project a blockchain developer may undertake. By the growing rate of mobile apps, security becomes the most important focus in blockchain development.

Demand for Blockchain Solutions At the end of 2017, demand for blockchain programming skills was on rising and it has been seen that blockchain developers ranked second among the top 20 fastest-growing job skills in 2017 showing a 200% growth from the second to third quarter of the year. And that demand has been continuously growing in 2018 with the growth in the technology.

The demand for blockchain implementation is strong and finding blockchain developers to meet this demand is not easy. Blockchain's original association connection with cryptocurrency has caused many to view the technology as one that is reserved for the investment industry. There are also companies those are dedicatedly working on developing blockchain applications but still, the demand for electronic ledger is much broader than cryptocurrencies. This demand has led to a buzz in the business world centered around everything blockchain

Application of Blockchain Technology

Blockchain technology is a revolution in systems of record. Blockchain development is certainly a major asset to the financial industry. The technology provides several benefits to reduce fraud, improve liquidity, and free up capital to improve the way financial businesses navigate their systems. But, finance isn’t the only industry where blockchain architecture has gained steam. Other than finance, blockchain developers have implemented the technology in other industries. It seems wherever the technology has been tried, one thing remains consistent, it is effective in driving businesses forward. Let’s look at the most interesting uses of blockchain today.

The retail industry, uses blockchain to enhance supply chain management and provide better quality control. Be it digital currencies or smart contracts blockchain allow those in the retail industry to create, verify, and enforce the negotiation of digitally simplified contracts.

For the manufacturing industry, use this technology to improved tracking of products.

Healthcare industry use blockchain to enhance productivity and effectiveness. Personal medical records can be accessed with authentication across the healthcare industry. Blockchain ensures that personal medical information is encrypted and protected to help providers and patients ensure HIPPA compliance.

Government businesses benefit from blockchain. The technology can help increase transparency with government officials. Government money can be easily traced to unveil how and where every dollar is spent.

Municipalities can use blockchain to track asset registration, reduce fraud, and curb operation costs.

No doubt blockchain technology will not be beneficial to every business operating today, there are many other industries that will see a vast improvement when they implement blockchain which includes education, automotive sales, stock trading, real estate, insurance, law enforcement, human resources, crowdfunding, charities.

Beyond digital money, blockchain being used in these unique ways:

BitPesa, the blockchain based app that allows users to do business across Africa with built in overseas exchange and business to business payment features. As one of the least advanced areas of the world when it comes to fiscal expansion, BitPesa might be the solution to Africa’s liquidity and money transfer disintegration.

Storj, shifting the direction from money to cloud storage, uses blockchain and heavy encryption to store digital matters in the cloud. Storj is taking data storage to the next level by using a CDN to increase security and uptime and improve the speed of delivery of your most important data.

Riot blockchain focused public US stock is one way to indirectly invest in cryptocurrency through the US stock market.

Golem allows users to rent a single workstation or a big data center to create your own on-demand supercomputer. Users mine for cryptocurrency by putting their computer into a network of computers executing intricate calculations. Businesses that use computing power for things like machine learning, graphics rendering, and weather can get computations in a few clicks.

Openbazaar is one of the first marketplaces to accept cryptocurrencies for transactions, OpenBazaar allows Bitcoin users to spend their cryptocurrencies rather than keeping their money tied up in the cloud. Chronicled, the blockchain based solution to contract and legal document control with anti-fraud opportunities. Chronicled uses automation and digital signatures to edit, mark, and update contracts throughout corporate America.

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5 Reasons Why you should Outsource Mobile App Development

To run a successful business today it is important to have a online presence. This presence could be through a website, or smart social media utilization or with the mobile application. More and more small and midsize businesses are following the mobile trend, understanding that an effective mobile strategy involves more than just a mobile-friendly website.

These days we can see that even small businesses have their own dedicated mobile app. With the online presence, these companies can take their marketing to the next level. Internet has empowered everybody by giving them the unlimited source of information and a voice and this is the advantages for the business owners considering the playing field of the web as one of the prioritized ones. Consequently, massive technological advances, especially in the mobile device realm brought a rise in the IT industry.

And when multiple companies started facing competition, they faced three ways to deal with it:

Innovation: Challenge to create better products and relevant monetization Cost Reduction: Reduce costs by cheapening the production Facing a Reality: Just face a new reality and get used to a lower profit in this segment

Facing new reality and get used to a lower profit is barely an option. Innovating new products is important to beat the competition and how to reduce cost is also an important concern. And here comes the concept of "Outsourcing". Working with an offshore company may provide many advantages that your local market just doesn’t have. These may include better prices, timing, and quality, which is sometimes even higher than in your local market.

Let's have a look at the benefits of outsourcing a mobile app development project:

Cost Reduction Cost reduction is the first main advantage of outsourcing mobile application development. An offshore outsourcing company helps its clients in reducing development costs. Your outsourced manpower will help you to save 70% of the in-house team salary expenses. While outsourcing a project it is important to manage the right balance between the higher level of executive tasks and lower level of technical tasks because with this you can leverage the burn rates in favor of better performance. So, we can say that by outsourcing project we can generate big revenue at a lower price.

Time-Saving No doubt, today the requirement of the market is a fast turnaround for the process of mobile app development. And in this case, outsourcing saves the time of client on hiring, training, and retaining employees. Well, the success of an outsourced project development stands on 3 pillars that are communication, productivity, and timing. And if the company you hire is the ethical outsourced agency that follows clear and simple workflow and delivers the project on time.

Professionalism If you are hiring a company who has been working for a long time and has established itself as a reputable company. In most of the cases, you can be sure that its employees are professionals and have a lot of experience. The ever-rising competition within the outsourcing market also promotes professionalism.

Unlimited Talent pool Well-established outsourcing companies offer fully staffed and dedicated team of mobile app development team. Outsourcing decision will help you to find the biggest talents in the industry and it usually comes from the most unexpected places. There are a cluster of these developers in outsourcing app development companies in India you can hire and take your application project to new dimensions.

Risk Reduction After the signing of the contract, all project risks are transferred to the outsourcing company. Typically, an outsourcing company guarantees delivery on time and on budget. And when something goes wrong, the client can terminate the contract at any time with a money-back guarantee. All these terms must be clearly defined in the contract.

On the other side, there are also some cons of outsourcing the mobile app development like there may be a risk of leakage of confidential information, lack of quality control, and there may be the problem of miscommunication. But these risks are reduced by taking legal appropriate actions such as asking your company to sign a non-disclosure agreement. You can make sure the quality of work by use of modern means of business communication such as video conferencing minimizes all possible inconveniences. A proper requirement analysis and documentation of product requirement diminish the risk of miscommunication.

Outsourcing has proven to be an effective means of cost reduction. By choosing a reputable mobile application development company who works on all the latest technologies such as blockchain development as your outsourcing partner will lead to mutual benefits and enhanced competitiveness in the ever-changing mobile application development market.