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TOKEN PLAY EXPLANATION: DECENTRALISED APPLICATION (DAPPS) | Token Play Official Channel

TOKEN PLAY EXPLANATION: DECENTRALISED APPLICATION (DAPPS)

Dapps definition:

Dapps are similar to an android or an app store application that we frequently use on our smartphones. The only significant difference between an App and a Dapp is Apps require a centralized system to control their entire functioning, while Dapps do not require a centralized authority to control or restrict their operations. They function through smart contracts, which are open-source and accessible to everyone

The Future of Dapps:

Dapps will continue to grow exponentially in the future and are going to be more involved in day-to day-living, reducing costs and eliminating third parties from many of our personal and business transactions. These applications are expected to take automation and transaction security to the next level

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