Decentralized Applications (dApps)

Blockchain enables the development of decentralized applications (dApps) that run on top of the blockchain network, leveraging its decentralized architecture. These dApps can facilitate various functionalities, such as decentralized finance (DeFi), supply chain management, digital identity verification, and more, without the need for intermediaries or central authorities. Smart contracts, self-executing contracts with coded business logic, enable the automation of processes in a decentralized manner.