Decentralized Applications (dApps) are applications that run on a blockchain network, leveraging its decentralized and trustless nature. Unlike traditional apps, dApps operate without a central authority, ensuring transparency, security, and censorship resistance. They are powered by smart contracts and can be used in various industries, including finance, gaming, supply chain, and social media.
Key Features of DApps
- Decentralized – No single entity controls the application; it runs on a distributed network.
- Open-source – The code is transparent, allowing anyone to inspect and contribute.
- Smart Contracts – Self-executing contracts handle transactions and logic without intermediaries.
- Blockchain-Based – Data and transactions are recorded on an immutable blockchain.
- Tokenized Economy – Many DApps use native tokens for governance, transactions, or rewards.
Examples of DApps
Uniswap
A decentralized exchange for crypto trading
DeFi
Aave
A platform for borrowing and lending crypto assets
Lending
Axie Infinity
A play-to-earn blockchain game
Gaming
Decentraland
A virtual world where users buy, sell, and build assets
Metaverse
Learn more about blockchain technology and decentralized applications at ethereum.org