Imagine an application that doesn&t run on one server but harnesses the excess power of thousands of computers globally and that can be controlled by business automation software that ensures if a specific parameter is met, only then can a function be carried out.That a distributed application & or dApp, as it's sometimes abbreviated & and there are thousands available for download.[ Read the Download: Beginner's guide to blockchain special report ]Running atop a blockchain, peer-to-peer (P2P) network that acts as a kind of operating system, dApps create an innovative open-source software ecosystem that is both secure and resilient.
And it allows developers to create new online tools, many of which have piqued the interest of global business markets.