Blockchain continues to make waves in Android app development

November 18, 2024

It was almost illogical to think that digital currencies could affect sectors like mobile app development after the first crypto launched in 2009. But to our shock, that is exactly what is happening. From blockchain-based apps to crypto phones, this technology has really created a lot of possibilities for mobile developers.

And, of course, such trends could affect several aspects of the crypto industry, such as the prices of currencies. For instance, when more people welcome crypto, the Bitcoin price and other tokens could actually go up because of increased demand. So, as a serious investor, you may want to keep up with such trends to stay ahead. Let us now explore how blockchain is transforming the Android app development sector.

The need for security

The more the Android app sector grows, the more threat actors are drawn to it. Can you imagine that in 2022, there were over 235 billion app downloads, according to approximations by Statista? Threat actors often take advantage of such statistics to broaden their reach. Actually, Securelist noted that about 10.1 million attacks were blocked in Q1 2024 alone. Part of these attacks was the Trojan-Spy AndroidOS.Agent.ahu, which hides in WhatsApp mod to steal encrypted messenger databases and their description keys.

All these statistics point to one thing – the need to stay safe. Blockchain’s decentralized nature can contribute to these efforts by distributing data storage, making it more difficult for malicious interruption. Every block is cryptographically linked to the other to ensure the chain remains resistant to tampering.

Plus, the cryptographic algorithms are quite difficult to decipher, ensuring data is securely encrypted. That way, you can always be sure your data is not only safe but also private. And the good thing is that these chains always do regular updates to address new threats and keep the system more resilient. For instance, you probably have heard about Solana’s recent update that took place between September last year and February this year.

The need for transparency and trust

Trust and transparency are some of the highly sought-after features in our contemporary world. Especially in the supply chain sector, this need has never been as apparent as today. And fortunately, transparency is like the bedrock of blockchain.

Usually, every transaction will be recorded on a public ledger that every network participant can access. That ensures all transactions within an application are traceable and auditable. Blockchain in supply chain tracking apps helps to reassure users about the authenticity of sourcing products by offering end-to-end visibility of the entire supply journey.

This is without mentioning the trust aspect of blockchain. That means that a single entity cannot alter data except by consensus from the majority of users in the network. What better way to ensure data integrity, especially now that sectors like legal contracts and voting seek after such?

A few use cases

Crypto wallets

This is one of the crypto aspects that is really transforming Android. By the way, do you actually know that the crypto wallet market was valued at $8.42 billion about two years ago and is expected to grow by a CAGR of 24.8% in the next few years? Definitely, Android app developers have a role to play in this tremendous growth.

Just recently, SpacePay raised over $400,000 to enhance the payment industry. The platform offers connectivity to more than 325 crypto wallets and has a terminal-agnostic payment APK to allow seamless connections with all Android POS terminals. As a merchant, you won’t need to invest further in machines to accept crypto payments.

But there is always the question of crypto’s volatility among many businesses. This is one of those sectors where prices can shift wildly. And you don’t want to incur losses just because the crypto you accepted dropped in value a few days later. SpacePay comes in to help with its instant off-ramping as it immediately converts the crypto to the brand’s native fiat currency once the transaction is completed.

Games

Have you heard of Axile Infinity? This is an example of a blockchain-based game that allows players to battle, trade and collect NFT features. We are seeing a trend where gamers can now participate in such games wherever they go.

Here is a list of some of the popular blockchain Android games you can check out:

Fableborne
One Fight Arena
Zeeverse
Infinite Victory
Rumble Kong League
Bladerite and so on

Blockchain brings many benefits to the gaming industry. Can you imagine that you can now redeem in-game assets for real-world value? Sometimes, not being able to redeem your hard-earned in-game assets after investing much hard work, skill and strategy in a game can be quite painful. However, thanks to crypto, you can redeem all these for real-world value.

Parting words

You can actually agree that blockchain is making waves in almost every industry. That is partly why Android developers are turning to this technology to appeal to the changing customer preferences. Well, as you may know, we normally try to adjust to customer wants to stay relevant.

Imagine you kept visiting a mobile phone vendor but never found the type of phone you were seeking. Would you return to such a business? Most probably not. Users nowadays have become more discerning and will want to participate in secure, transparent and private environments. Realizing this, developers are now taking advantage of blockchain’s ability to offer just that.