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How to Make a Mobile Wallet App: All-in-One Development Guide

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  The mobile payment industry is on the rise. According to statistics, the market will go through rapid growth in the years to come. In 2019, over 950 million users relied on mobile payments. In 2023, the  number of mobile payment transaction users  will reach 1.31 billion. Mobile wallets are digital wallets that store payment card information on mobile devices. They offer an innovative and more convenient way for making payments. Users don’t need to have their payment cards on them all the time to purchase something in stores. All they need is their smartphone connected to the internet. As a part of learning how to make a mobile wallet app, let’s find inspiration by looking at some of the best mobile wallet apps on market. ·          Google Pay ·          Apple Wallet ·          PayPal One Touch ·     ...

What is a MVP Development: Benefits, Dangers & Examples

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  A minimum viable product (MVP) is the development approach in which a new product is developed with the number of features that are sufficient for early users. The final set of more advanced features is only designed and developed after receiving and analyzing feedback from the product’s first users.  MVP software development  allows for Agile development to get a product to end-users faster. You don’t need to dedicate a lot of time developing a full-fledged product and investing a lot of money into its creation. The main idea is getting a product to the market faster and safely testing your idea without risking all your money.  An image below compares MVP Agile development and traditional waterfall development methods. WHAT IS THE DIFFERENCE BETWEEN AN MVP AND A PROTOTYPE? Minimum viable product development and prototype creation are often confused. Let’s clear the air when it comes to these two notions. A prototype and MVP are both early versions of ...

How to Build a Blockchain App: All-in-One Tech and Business Guide

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  Though the hype around cryptocurrency has subsided, the interest in blockchain remains the same. Blockchain market size  is projected to grow from 2.01 billion in 2019 to 69.04 billion in 2027, showing a CAGR of over 56%. Blockchain is a digital ledger of transactions with copies distributed across the entire network of computers connected to the blockchain. Each block in the chain contents a number of transactions. Every time a new transaction is added, a record of information about that transaction is added to every participant’s blockchain. Blockchain is an innovative system of recording information in a way that makes it difficult to impossible to hack or compromise the system. 4 KEY TYPES OF BLOCKCHAIN When it comes to blockchain, there 4 two types of networks that you can utilize for your project: Permissionless blockchain (public)  – accessible to all members of the networks and on any device. Any user can become a part of the blockchain, make tr...