In 2017, the value of the cryptocurrency market rose by 1200%. Cryptocurrency technology, once a niche market for tech enthusiasts, is now a legitimate investment opportunity for anyone hoping to strike it rich with the next Bitcoin.
Blockchain and cryptocurrency go hand in hand, which means blockchain application development is also growing in popularity. With a blockchain wallet app, users can manage their cryptocurrencies easily and efficiently.
The following are useful blockchain technology applications for anyone investing in the crypto market. Whether you’ve been investing in it for years, or you’re just getting started, they’ll help you buy, sell, and store your cryptocurrencies. Additionally, if you’re interested in actually developing blockchain applications of your own, these examples show you what’s out there already and where you can establish within this promising fintech market.
Available for both iOS and Android platforms, Blockfolio is a comprehensive blockchain app that allows users to monitor their portfolios, access price charts for various cryptocurrencies, and stay up to date on the most relevant crypto news. Users can even set up alerts that are triggered whenever a selected currency hits a particular price.
Blockfolio is very useful, but its wide range of features could be overwhelming to unexperienced parties. Blockchain application development targeted towards beginners can often miss the mark, but Lawnmower was able to strike the right note.
It’s available for iOS and Android, and boasts a simpler interface than Blockfolio. Despite the blockchain app’s streamlined design, it still allows users to do research into cryptocurrency technology, make investments, and track their portfolios.
If Lawnmower is the ideal app for blockchain and cryptocurrency beginners, Coin Tracking (for both iOS and Android) is the perfect blockchain wallet app for those with a little more experience. It offers interactive charts, information about the profit/loss of trades, and even provides reports for tax declaration.
Coinbase is available for iOS and Android, although users can also access an online version via their web browsers. Like the other blockchain technology applications listed here, it lets users buy, sell, and manage cryptocurrencies.
However, it’s important to remember that these currencies aren’t only valuable as investments; they can also be used to make real purchases. Coinbase helps users find merchants that accept cryptocurrency technology as payment.
BTC Wallet is one of the most popular blockchain wallet apps available. It works on both iOS and Android devices, and is designed so both beginners and experts can use it easily without confusion. Best of all, the service boasts relatively low transfer fees when compared to other Bitcoin wallet apps.
Although these examples of blockchain application development represent some of the strongest products that combine blockchain technology and cryptocurrencies, new apps are constantly emerging. Businesses can take advantage of this growing market by developing blockchain applications that are even more useful than what’s currently available.
They just need to coordinate with experienced blockchain application development companies. With the right help, your team can launch the ideal product for the emerging blockchain and cryptocurrency markets.