When we hear blockchain, we can think of cryptocurrencies, such as Bitcoin, Ethereum, and a few others. The blockchain has been a new big thing in recent years in the technological sector, especially the financial industry. This significant breakthrough has given a new meaning to the level of security and the decentralization process.
It is expanding its reach in modern ways, and the mobile sector is one of them. The impending future looks to adopt the blockchain innovation in an enhanced way. According to research, the worldwide blockchain market is anticipated to hit the astonishing figure of $7.7 billion by the year 2024, which apparently excels in the annual prediction of blockchain revenues until 2020.
With its manifold uses, the trends in blockchain tech stand out to be the best bet to withstand the rising cybercrimes, and the mobile apps are right in the front of the eyes of the cybercriminals nowadays. From violating the private and sensitive information to hacking into the device, the grave danger of cybercrimes needs to be taken care of, which is risking mobile security.
This article will focus on how blockchain tech is a modern way to increase mobile app security.
How Blockchain Tech Improves Mobile App Security?
Despite anti-virus, mobile phones have many loopholes, and this software is not adequate to tackle all the malware. Hence, blockchain technology comes into the picture. Blockchain makes it challenging to modify data by bringing in the clause of clarity and supporting the blockchain for mobile security intensely.
Besides providing transparent and secure monetary transactions, blockchain can be engaged for many other uses. That’s because of the unaltered database, which makes blockchain-powered apps more fixed and reliable.
Below are a few mobile apps areas where blockchain can be employed with ease:
- Identity Validation
- Supply chain process sanction
- Track of records such as property and medical care
- Unidentified surveys
Nonetheless, blockchain-enabled apps do not need to run on the blockchain principle precisely, but only infuse some of the features. With the correct approach and full understanding of the blockchain tech & blockchain mobile app development companies, apps can be the right alternative to go about anything.
The blockchain transactions mainly include two activities:
- To manage the account of shared resource value.
- To monitor data, such as quotes, payment bills, and more.
Use of Blockchain Tech in Mobile App Security
Before diving into blockchain uses for mobile app security, you should make up your mind on what information you need to secure and divide it ahead. Blockchain is employed to protect online transactions; however, there are many other advantages that you can avail of. Below are ways that you can apply to keep the cybercriminals at arm’s length and protect your information while paying heed to the mobile phone security too.
- Get Rid of Passwords
There is always a fear of your password getting hacked, no matter how strong it is. Blockchain tech helps to get rid of this stress. Blockchain tech removes the need to authenticate the device or transaction with a password. The two parties in the transaction process typically make the payments via an SSL certificate.
Moreover, the blockchain tech reviews everything and makes it noticeable and available to all, thus removing all its likelihood of being fake.
- Data Transparency
Blockchain lets users put their information on the decentralized system that everyone on the network can reach in real-time. Blockchain makes it impossible to modify the original data without grabbing anyone’s attention. Thus, it creates information secure and transparent, eventually eliminating the need for an intermediary.
- Securing Infrastructure
Blockchain offers the mobile app owners to shift the integral targets of brand infrastructure to a more protected area of the decentralized platform. It lets the app owners store DNS entries that give them more control over the sphere. Moreover, it becomes nearly impossible for anyone, including the government, to meddle with the entries.
- Identity Protection
One of the significant benefits of blockchain tech is protection. A cybercriminal can’t shut down the complete system as the data storage is not in a server, but it’s in every block. Blockchain renders the user working on cryptography with personal key encryption—this mechanism on blockchain guarantees that no one could manipulate the data.
How to Sync Blockchain In Mobile Apps?
Step1: With too many blockchain platforms in the market, you need to fully comprehend the in and out of all these platforms to better sync with your app. Moreover, the blockchain platform must suit the app feature needs.
Step2: After the platform is transparent, recognize the app features, you wish to engage the users. After the attributes are listed, stick to the plan, and infuse those functions in and follow the fundamental guidelines of the mobile app development to create your Blockchain app safe,
Step3: Restrict the number of transactions that can be done via the app, since it will help you keep track of data going in and out of your app.
Step4: Always keep space for a community to turn up. It will help the app flourish, and for that, you are required to organize guidelines for your blockchain-enabled app community.
Step5: Once the blueprint work is finished, get to the designing mode. Recruit or outsource a team of blockchain app developers.
The implementation of a blockchain for smartphone security is not as easy as it sounds. Many restrictions should be taken care of, and the difficulties are always there while creating a mobile app.
Starting from combining the blockchain app functions to the app testing and from debugging the errors to verifying the data, nothing is a piece of cake. Many countries have not identified blockchain as an official way of transactions. Hence, you must go through the blockchain’s legitimate structure and severely follow the guidelines to stay in the legal landscape.
Blocking is still in the growing stage, and hence, it is necessary to use this technology wisely and to bear in mind the difficulties one can face in the future. The conclusion is the mobile apps are way secured with blockchain tech than without it.
Harnil Oza is CEO of Hyperlink InfoSystem, one of the leading app development companies in New York and India, having a team of the best app developers who deliver the best mobile solutions mainly on Android and iOS platforms. He regularly contributes his knowledge on leading blogging sites.