So, what are Dapps? There have been some trending use cases of dApps and we have covered them all for you, for understanding the topic in a better, relatable way!
Financial Services
The apps could be used to undergo peer-to-peer financial transactions. This could be either in the form of currencies or assets. So, are you thinking of being a part of this seamless process
Supply chain management
The application could be used for tracking the goods and their movement. They help in ensuring transparency and accountability!
Identity verification
DApps can be used to safely store and verify the identity of the users. This could be helpful in the fair voting system or easily processed passport applications
Real estate
The buying or selling of the real estate can be directly undertaken by the DApps. The control and ownership of the user is maintained. Also, the agreement is stored on smart contract technology used in DApps!
Healthcare
To track healthcare records easily, initiate communication and collaboration among health professionals, DApps could be a convenient option!
The opportunities covered by DApps are unmatchable! They can be used to explore all the tangents of the real-world use cases.
Popular Examples of DApps
DApps are already functional in the market , powering the blockchain revolution! We have listed down ten such applications to look out for:
Uniswap: it is a leading Decentralized exchange built on Ethereum Blockchain, enabling P2P transactions.
PanCake Swap: It operates on Binance Smart Chain and offers lower fees and faster transactions.
OpenSea: It is a marketplace for buying and selling Non-fungible tokens (NFT)
Compound: It enables users to lend and borrow cryptocurrencies without intermediaries
Aave: Aave is a lending and borrowing platform on Ethereum with Total Value Locked (TVL)
MakerDAO: It is a lending platform which issues stablecoin DAI
Curve: It is a DApp-based exchange platform specializing in stablecoin trading.
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