Decentralized Application Definition | IoT ONE Digital Transformation Advisors

Terms Glossary D Decentralized Application

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	Decentralized Application (DApp)

Decentralized Application (DApp)

Formal	A decentralized application operates autonomously and stores its data on a Blockchain. The back-end code for a Dapp runs on a peer-to-peer network rather than on a centralized server. Read More
Practical	The back-end code for a Dapp runs on a peer-to-peer network rather than on a centralized server. Dapps are incentivized by the use of cryptographic tokens to create an independent ecosystem. Read More
Contents

Formal

A decentralized application operates autonomously and stores its data on a Blockchain. The back-end code for a Dapp runs on a peer-to-peer network rather than on a centralized server.

Practical

The back-end code for a Dapp runs on a peer-to-peer network rather than on a centralized server. Dapps are incentivized by the use of cryptographic tokens to create an independent ecosystem.

Overview

Decentralized Application (DApp)