Tag: decentralized applications

Decentralized applications (dApps) are blockchain-based applications that run on decentralized networks instead of centralized servers. They operate using smart contracts, ensuring transparency, security, and censorship resistance. dApps serve various purposes, including finance (DeFi platforms like Uniswap), gaming (play-to-earn games), social media, and supply chain management. Built on blockchains like Ethereum, Solana, and BNB Chain, dApps empower users by eliminating intermediaries and enabling peer-to-peer interactions. As Web3 evolves, dApps are reshaping industries by promoting decentralization and user control.