Applications in Practice of dApp.

In fact, dApps have multiple potential applications to make benefits for technology and finance in the future, at the same time, solve issues such as identity verification, demand-support management, food delivery, music services and so on.
Especially the peer-to-peer (P2P) network is used for dApp, the ownership of data will be owned by users without a third party to supervise, edit or prevent them from.
Besides, there are some of obvious applications of dApps in practice as follows:
_ DApps rely on a safe Blockchain network and smart contracts are governed by private locks. Therefore, data in dApps have a high security and are not either changed or penetrated by hackers.
_ Processing and Settling in a fast-cheap way because of not using intermediate applications.
_ Having a large anonymity because applications do not require the users to comply with a long registration process.
_ Possessing a reliable data record so that the users can access to Blockchain publically to verify the transaction information.

#EF1 #EF1Finance #coin #crosschain #pos #defi #staking #swap #yeildfarming #dapp

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EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.