DEV Community: virat shah

7 Things You Need To Know Before Building An App

virat shah — Tue, 12 Jan 2021 08:29:42 +0000

As Mobile technology and the Internet have expanded the dual relationship, they have led to a surge in mobile-based application development. Be it an enterprise, a business, or an individual has been catching up to develop an application to their needs.

For Mobile App users, the Millenials hold 21% of the overall share of using an application 50 times a day.

As per estimates, a whopping $935 billion to be earned in revenue through mobile apps by 2023, leading to a lot more mobile app developments taking place for enterprises and other sources.

Building an app requires strategies, design, and implementations. Allowing you to ensure the end-user problems are solved.

Here are the Things To Consider Before Building An App

1.Selection of The Platform
An important and initial step that allows you to begin the application building process. Choose the platform that you find is more engaging to build your application.

At present, either Android or iOS platforms are being used by around 84% of mobile users worldwide.

To formulate the right building platform for your app, it is important to know your consumers well and what platform they are more favorable to use. Accordingly, you can opt for your application development.

2.Research Around Your Idea
Before beginning with the development process, go through a proper analysis of all the requirements and having research around the competitors and current market structure of the idea that your app is based on.

You should have proper analysis and marking out mistakes of your competitor, which you should not make and helps in better your application development process.

3.Understand Your Target Audience
The foremost need for the idea to be implemented well to research your target audience and get the insights out of them. Understand their problems and what solutions you can provide them with your application.

It is about the user with whom the direct success and failure of your application development depend. It becomes important to figure out what the user needs and give them the best service.

Once you align with your aim for development with your target audience needs, nothing can stop your app be a sure shot hit!.

4.Validate Your Plan
Once you are clear with the ideas and are ready to put them together for the development phase, you needed to be sure of what you have planned and what is worth the efforts and dedication that will be put along with the investment to build the application.

It helps you to finalize the ideas which you want in the application. It is critical to have a well-planned development of your mobile app. The process must align with your business objectives without failure.

5.Opt For The Right Company
Once you are done with the research and are ready to roll on the development of your application.
Your next major requirement to proceed further is to find a well-reputed organization with the expertise to develop your app.

Application development is equally important, and pretty much everything depends on it to mold and shape the app as per your requirements. To do that is where an app development company fits your bill.
Some of the critical points to look out for deciding the company:
Technologies used
Explore their portfolio
Have a go through with the development team
For effective communication, consider a feasible time-zone

A developer or the team that will work on the project needs to have sound knowledge and experience to develop and deliver on all the parameters in time and without any boundation.

6.Testing Is Must
Once you have entered into the development phase of your application and are ready with the application, it is advised not to release your app in the market without testing it properly.

To make successful testing of your application, you will require to build an MVP version of your app that has the crucial features in it to test out their functionality.

With an MVP version to test your app, you will get the answers to some vital questions:

The problem that your app solves with its induction into market
What all procedure your users will be able to apply to get their problem solved
Why your app is useful for the consumer
The distinguishing features of your app
The features that are fully functional and good to go
What all needs to be prioritized and structured
What all ways you counter your competition

In a nutshell, this comes out as a deep introspection that allows you to be accurate and effective in understanding the essence your app follows.

7.The Trick To Earn
Once your app gets launched in the market, with good response from the users. Then you need to work on additional elements to keep the trend, involve the development process, making improvements, and bringing on more features needed to work on the ways to monetize your app.

There are ways of earning with outer channels like paid ad, and affiliate marketing features. An important feature for revenue generation via apps is giving fee-based or in-app-based purchases that allow you generate direct revenue from the services.

However, the in-app-based services do not apply to each business and, if your services are in line with the services, you can very well structure out your app model with the implementations for monetizing.

The above-discussed factors help you in structuring your application development, right from the start of ideation to an overall development with implementations.
You have to keep in mind that to get your application to succeed, you will have to provide solutions to the users, and your app will be highly successful.
As it requires effort, time and investment so strategize well, think deep and find the solutions to achieve a successful application development.

Things You Must Know Before Getting A Crypto Asset Management Solution

virat shah — Wed, 06 Jan 2021 07:59:52 +0000

Crypto-asset trading is a fast-growing part of the financial sector and it is the next big thing. Due to the subsequent spread of trading applications, a lot of functionalities have been provided to the large number of investors who are willing to participate in the e-trade.

The subsequent spread of trading applications brought immense functionality to a wider range of investors, i.e. the ability to participate in financial markets with greater execution speed and reduced fees.

Given below are some of the key factors that led to the emergence of the Crypto Asset Management Solution-

Investors are increasingly looking to add a bit of cryptocurrency, such as Bitcoin, to diversify their portfolios and capture some of the potential upsides of this new asset class.
Cryptocurrencies are difficult to grasp for new adopters and many ordinary investors – including how to establish a wallet and transfer tokens securely.
“crypto-asset management solutions are being created to help individuals and firms alike who want to take advantage of crypto without having to worry about the ins and outs of technical procedures involved.”

What exactly is the Crypto Asset Management Platform?

Crypto Asset Management platform is an ecosystem that provides a centralized location for the traders to manage their investments or portfolios. These platforms simplify the process by helping users to unite their diverse holdings and instead of managing multiple accounts and wallets, they can manage all their crypto stuff on a single platform.

Things You Must Consider Before Choosing the Crypto Management Solution

Choosing the right crypto asset management solution is one of the difficult and important tasks. As nowadays there are several platforms available in the market and it becomes really difficult for a beginner trader to pick the correct one, as picking the wrong platform could result in hacks, distractions, and wasted efforts eventually.

Below is the list of a few points which traders should keep in mind while hunting for the crypto asset platform

KYC/AML- Different exchanges have different laws and regulations based on their location, practices, and offerings. Some exchanges have to Know Your Customer (KYC) and Anti-Money Laundering (AML) practices, during the account creation and some may have this feature to withdraw funds.

Security- The next important thing over which the trader has to look is the security of the platform. A secure platform ensures a solid user base and high revenue. Each exchange has its own chosen methods of security.
Generally, the exchange offers two-factor authentication (2FA). If not, then the exchange may not be acceptable by security today’s standards. Below listed are some of the must-have security mechanisms for any crypto platform.

SQL injection
Data encryption
HTTP parameter pollution protection
HTTPS authentication
DoS (Anti-Denial of Service)
DDoS (Anti-Distributed Denial of Service)
Jail login

Fiat Exchange- Some of the traders require an exchange that is compatible with the fiat currencies allowing them to transfer national currencies (USD, CAD, etc.) into the crypto world for trading use, and out of the crypto world to cash out profits. While some of the exchanges do not have this option.

Supported Cryptocurrencies- There are a large number of cryptocurrencies available in the market for the users to trade-in. Once users are done with the selection of the cryptocurrency for trade they can now then start hunting for or make sure the platform or the exchange supports them.

Data Volume- Trading platforms vary based on the number of participants using them at any given time, as well as the amount of each asset being traded. This aspect can be important as it affects how easily users can enter or exit positions.

Fees- Most exchanges charge a small fee for each trade while some may not have this feature. Different platforms have different fees incurred on the trades happening there along with the percentage of each trade.

Liquidity– Liquidity also plays a vital role when a user is looking for an asset platform. if a system doesn’t have sufficient liquidity then the asset value and the execution or the transaction may get compromised. The users will have to make sure while getting the solution that the exchange offers sufficient liquidity and trading volume that helps the transactions to be fast and easy.

Before getting the platform, users must do due diligence to make sure that the platform would suffice their requirements or not. The points mentioned above are just for consideration, although the requirement will vary from person to person based on their goals, values, and activities.

To know more about crypto exchange check out: https://hashstudioz.com/

Top 7 Real Life Use Cases Of Blockchain Technology

virat shah — Thu, 31 Dec 2020 09:30:36 +0000

Blockchain has implemented the developments taking place for many industries but it has majorly impacted the banking and insurance sectors. Here are some stats that put the light on the same:

Blockchain is reducing 35% of banks’ infrastructure costs.
As per predictions, financial companies can save up to $14 billion a year through blockchain.

However, blockchain is getting utilized for other domains with its architecture supporting decentralization, transparency, immutability, and automation.

Listing out some of the well-utilized concepts for development under Blockchain:

1. Supply Chain Management

Blockchain brings its different architectural advancements for developing an optimal Supply chain management architecture. Blockchain helps in rectifying the issues faced in supply chain management like the transparency of product information, product authenticity.

Blockchain technology helps in eliminating these issues as it brings its technological implementations based on a decentralized ledger. Blockchain efficiently tracks important product details as well as verifies the authenticity of purchased goods through a blockchain-enabled supply chain.

2. Digital Identity

Blockchain helps in the segmentation of digital identity management. With its decentralized nature, it removes the chance of a centralized authorization that leads to breach or threat of data theft.

So with no direct individual entity, blockchain makes it possible to facilitate the digital identity as an online record of information that is secure and reliable.

Blockchain technology gets users to have full control over their data. Allowing the user to store their digital identity data in an encrypted form with a private key for access to others.

3. Voting

One more innovative implementation of Blockchain is the development of a voting structure. It eliminates the issues related to fraud voting at booths.

With blockchain, you can develop a system that gives access to each entity thus if the user that has already voted comes again to vote it gets caught.

It highlights the feature of secure database networking under blockchain technology.

4. Healthcare

Healthcare is a domain where the implementations of blockchain have a very deep impact in transforming the way healthcare utilizes its services.

Blockchain is proving to be a reliable and secure database to ease the problems faced in the healthcare industry.

Blockchain is helping in developing the tracking and tagging functionalities for healthcare-based supply chain movement. Providing authenticity of the drugs’ to patients with the help of the data stored in the blockchain.
Meanwhile, you can check out Live Tracking Apps coverage to see the blockchain development taking place under Healthcare.

5. Energy Market

Blockchain technology is also providing changes with its decentralized architecture for the electricity domain which is controlled by large corporations.

Blockchain technology has enabled the development of smart meters that are functional with recorded, traded, and settled on a ledger.

It will help in providing better regulation on the supply of electricity with lowering the fraud usage and also improve efficiency and reduce cost

6. Real Estate

Blockchain technology has been having its implementations under real estate too where it is developing the latest solutions to revolutionize the industry.

Under Blockchain a decentralized database enables better decision-making, interaction with the transaction history in a secure manner.

Smart contracts help streamline various processes and help to cut out the additional costs, property taxes, registration, and loan fees.

7. Food Safety

The latest food delivery startups or enterprises are focusing on enhancing their services with Blockchain technology. As it helps in managing the data as the records with more feasibility and no fear of in-between transactional losses.

Blockchain also helps in maintaining the data cycle where the constant update with real-time changes updated at the service provider is accessed by the consumer.

Due to the invention of blockchain technology, it is now easy to record and maintain the data digitally.

To know more about the latest developments in leading technologies visit https://www.hashstudioz.com

Latest IoT Solutions Development Company

virat shah — Thu, 31 Dec 2020 09:11:44 +0000

Get the latest technological advancements that make your business get the required growth with the utilization of IoT-enabled technological advancement. Hashstudioz brings you some of the finest resources for IoT development. Avail the IoT-based resources at https://hashstudioz.com/IOT-development-company.html

Best E-Learning marketplace App Solution

virat shah — Thu, 31 Dec 2020 09:00:24 +0000

Bring in the advanced technology to drive your e-learning business with more engagement and grow at pace with the Hashstudioz Best e-Learning marketplace app solution. Find the optimal eLearning App development at https://hashstudioz.com/elearning-marketplace.html

Best Online Travel Booking Engine

virat shah — Thu, 31 Dec 2020 08:53:01 +0000

Enable your travel business with the latest technology. Hashstudioz brings you a well optimized AI based travel booking engine to boost your travel booking business. Know more about the travel booking engine at https://hashstudioz.com/travel-technology-services.html

Best Blockchain App Development

virat shah — Thu, 31 Dec 2020 08:49:18 +0000

Blockchain is a thriving technology helping businesses empower their growth, get your business the best blockchain app development with Hashstudioz Technologies. Know more about the latest Blockchain developments at https://hashstudioz.com/blockchain-development-company.html