Today, blockchain technology has witnessed immense popularity in the financial sector. A lot of businesses are willing to unleash the efficiency of blockchain by creating Blockchain security applications.It has increased the demand for such applications and organizations are investing in Blockchain app development.
What Is A Blockchain Platform?
Blockchain platforms help blockchain app development.For example, if you want to build a cryptocurrency trading app, you will come across a range of legal limitations, backend complexities that can slow down the app development process. This complexity can be eradicated by making use of efficient blockchain platforms. These platforms help you reduce the efforts required to build the app from scratch which saves a lot of time as well.
Well, to choose from top blockchain application platforms, you need to know more about each of them. This blog will help you know about the top blockchain platforms that help developers to create and host apps on the blockchain. The list mentioned below has been created based on different criteria like :
- Accessibility
- Services offered
- Flexibility
- Integrity
- Smart Contract functionality
- Scalability
- Popularity
List of Top Blockchain Platforms
1. Hyperledger Fabric
It is one of the easy-to-use blockchain platforms that allow you to develop blockchain programs using a modular structure. Also, this platform offers advanced technology aspects that are significant for professional app development for different sectors like supply chain, finance, production, etc.
Without any doubt, this is one of the smartest platforms which offers distributed hosting and app storage with the ability of a smart contract.
Also, the Hyperledger Fabric blockchain platform is created for permitted networks. It helps contributors within the community to be part of the blockchain. Some of the features of this platform are :
- Low latency of finality
- Highly modular
- Support for Solidity & EVM
- Pluggable Consensus
- Queryable Data
- Multi-language smart contract support
2. Ethereum
It is one of the popular blockchain platforms that have gone through many ups and downs in the market. Interestingly, it is still one of the finest blockchain platforms used in 2021. Well, who would not wish to make use of such a useful open-source platform to manage smart contracts?
Undoubtedly, it is the ideal platform that helps the developers to build dApps (decentralized applications) & democratic autonomous organizations(DAOs). Also, Ethereum offers highly secure cryptocurrency trading, smart contracts and a lot more.
Hence, this platform is gaining popularity as the best platform among developers for blockchain mobile app development to develop enterprise-level applications.
3. Ripple
It is one of the ideal platforms for all cross-border transactions services. Also, it is among the best platforms preferred by banks, communities, and payment providers. The platform also helps banks to transact over national borders directly.
It is one of the robust blockchain platform ideas for individual users to large enterprises. The amazing cross-border payments function helps it to control the payments domain.
4. EOS
It is an efficient open-source network based on the concept of decentralized technology. It primarily enables the end-user to perform multiple tasks on the EOS platform.
So, EOS offers basic services for free and this makes the users explore all the benefits of an EOS-based dApp.
5. Stellar
The platform is a premium blockchain platform that provides faster and affordable cross-border payment solutions to individuals and businesses.
Stellar blockchain platform helps developers to develop mobile wallets and smart banking apps such as PayPal.
6. NEO
This platform makes use of blockchain smart contracts to handle e-assets. Also, NEO caters to the needs of P2P exchange for currencies & online assets without the interference of any 3rd party :
- The Neo blockchain platform owns currency termed “Neo”.
- It helps pay transaction fees on Neo platform to help you operate your app.
- Neo infrastructure handles different types of digital assets. It helps you make use of digital certificates which helps launch your app on the Neo network without any security issues.
7. R3 Corda
It is yet another scalable open-source shared ledger blockchain platform. Also, it helps businesses transact smart contracts directly. This platform operates on a permitted network helping authorized users to access some information.
8. Quorum
This platform is supported by one of the best IT companies – IP Morgan. This blockchain application platform is the perfect option for financial markets and enterprises.
Quorum converts your finances privately via cryptography and later with its shared transaction ledger system. Also, Quorum has got massive support from the community of developers. It is all because of the high-grade security it offers.
9. OpenChain
It is one of the highly secure open-source shared ledger blockchain networks. It is an idea for businesses willing to secure and preserve their online assets.
Also, with digital asset exchange and P2P network, it is rated as one of the vital blockchain platforms.
10. Klaytn
Its modular network model helps enterprises create and run service-based blockchains. This platform offers higher flexibility and flawless customization. It helps cut down the cost of building and operating Blockchain applications. Also, the platform helps eliminate entrance restrictions for end users.
Conclusion
By now, you must have learned about the top 10 platforms for blockchain app development.It will help you start building a Blockchain app to succeed. If you are not sure about the right blockchain app development companies you should approach, then get in touch with X-Bye Enterprise Solutions. We have helped several blockchain-based enterprises to build premium digital products. We offer premium blockchain app development services, to help you get a scalable app. There are many ways blockchain platgforms are disrupting the mobile app development segment. Contact us to know blockchain app development costsand we will get back to you with a free quote.