Blockchain is one of the most talked-about technologies to have emerged in the past decade. With its decentralized nature, it is just the right technology to implement in solutions that require highly secure measures for keeping the data intact.

The technology has evolved significantly and has certainly become a huge opportunity for building better and secure solutions for the existing and upcoming applications. If we talk about the market for blockchain technology, it is on the path to touch its all-time high in the upcoming years.

If we look at the research and reports, the global blockchain market is estimated to be $41.5 billion in 2025, expected to touch a whopping $1,879.3 billion with a CAGR of 52.9% which clearly shows the impact of blockchain on the industry and the scope that it brings along.

Global blockchain technology market size

Clearly, blockchain plays a massive role in the app world. If you are wondering how exactly blockchain works and what role it plays in mobile app security, then you are in luck, as in this post, we will be discussing just that.

So without further ado, let’s get started!

How Blockchain Enhances Mobile App Security?

Security and privacy of user data are certainly points of concern for every industry. And with Blockchain, different industries can easily make their existing solutions more secure.

The idea behind using Blockchain for mobile app security comes from the fact that it offers decentralization of data, which allows guarding user data and keeping the transactions secure in a more sophisticated manner.

There are several virtues of blockchain technology that allow it to make your mobile app more secure and enhance mobile app security significantly.

These virtues include:

How Blockchain Enhances Mobile App Security

► Decentralization

When Blockchain is used in any application, it allows decentralized storage of data. What this means is that the data is distributed over different nodes in the network, avoiding the creation of a single point of failure.

Not only does it efficiently save the data, but it also ensures that there’s no vulnerable point in the system that a hacker can intercept and gain access to all the data.

► Immutable Records

One of the core issues that apps with user-generated data face is the tampering of information after it has been recorded. Well, blockchain simply eliminates the chances of anyone tampering with the data, as it does not support edits or changes in the data that is once recorded.

You might have to create a new entry, but once blockchain saves the data, you cannot alter the information, which helps in enhancing the data integrity.

► Advanced Authentication

Another way blockchain enhances mobile app security is by offering the latest authentication solutions.

Implementing blockchain can help you replace the existing authentication methods, like passwords, with the latest security measures that are passwordless and use biometric authentication solutions for a much more seamless access to services.

► Cryptography

Blockchain relies on cryptography to keep transactions and data secure. The idea is to make your data unforgeable and enable verifiable transactions without the involvement of any authority or third party.

Cryptography also helps in creating your profile unique enough that it can be authenticated without having to worry about someone else forging your identity or impersonating you to access data associated with your profile.

► Privacy & Data Control

Blockchain gives its user enough control over their privacy and data that they share or save. The data remains intact in every case. Not to mention, blockchain also allows sharing selective data whenever they want.

Blockchain also allows a user to maintain their anonymity when dealing with people online to ensure that their identity cannot be misused.

Clearly, the technology works on strengthening the overall security of your app. Not only does it offer ways to secure the app, but it also helps in creating a solid solution that maintains the transparency of data usage for better audits.

So, how does one get a hold of blockchain for their app? Well, check out the next section where we have discussed the implementation of blockchain.

How to Implement Blockchain in Mobile Apps?

Implementing blockchain requires an understanding of the technology, along with clarity on how you want to use the app. You see, when we talk about advanced technologies that are relatively new, it is more about identifying the implementation methods and less about how they work.

For instance, when we talk about implementing blockchain, you must go through multiple phases. Let’s take a look at all of them and identify how exactly these help you implement blockchain for improved mobile app security.

How to Implement Blockchain in Mobile Apps

Phase 1: Identify the Features

Before you jump into blockchain implementation for your solution, you must identify the exact features for which you will need the technology.

Sure, it may seem like a great decision to hop on trends and go for the latest technologies when building a new app. However, it is important to identify the features that you need, as they define the objective of implementing a technology.

In terms of blockchain, you need to check for the features in your solution that use user data or interact with user information. Identify the threats that your app data may be exposed to and accordingly implement the solution.

Phase 2: Choose Your Blockchain Platform

After you have identified the objective or features that require blockchain integration, it is time to choose the platform you want to use. Blockchain can be utilized across multiple platforms, including Ethereum, Avalanche, Eris, and Hyperledger, among others.

Finding the right platform for your business is important, as each of them has its own pros and cons. We recommend you do your research and identify what platforms your competitors are using, or what kind of features you are looking for in a blockchain solution.

Choosing the right platform can significantly improve your quality of mobile app security.

Phase 3: Establish Blockchain

One last thing that you need to do before starting the implementation is to decide the blockchain rules. In order to make your blockchain solution more organized, you need to set the transaction count that will go through it.

You also need to decide if you want to go for an in-house cloud-based solution for hosting blockchain or if you want a hybrid solution.

You also need to define your user interface and experience of the app. As you see, blockchain can surely work in the background; however, you need a solid UX/UI to make the complicated security protocols appear simple for the users.

Phase 4: Onboard Blockchain Developers

After you have decided everything, it is now time to integrate blockchain into your app. You need experienced professionals who can help you finish the process without any mistakes.

To ensure that the implementation of blockchain is flawless, you have two options. You can either create an in-house team of developers and analysts or find a blockchain development company that understands your requirements and gets the job done for you.

Hiring the right blockchain development company not only gives you access to the right resources but also can help you understand the approach that you should take to maximize the impact of blockchain in different ways.

Based on all these 4 phases, you can easily get your app to be blockchain-enabled. Keep in mind that all these decisions and steps are to be done diligently, as blockchain can only work seamlessly when it’s implemented properly, and considering the complexity that blockchain carries, it is advised that you hire a professional to get the job done.

Role of Blockchain in Mobile App Security

Benefits of Using Blockchain for Mobile App Security

Implementing the blockchain properly can prove to be highly beneficial for your business, considering it brings along several benefits for app security.

Mobile app security is definitely a point of concern for many users, and if you can resolve that issue in your solution, then you can certainly dominate the market. With the implementation of blockchain, you can definitely make the most of your

Here are some of the most popular benefits of using blockchain for mobile app security.

Benefits of using Blockchain for Mobile App Security

1] Improved Data Integrity

With immutable data, the integrity of all the user data saved on your blockchain is intact. Blockchain ensures that the data cannot be altered. And as a benefit, the data saved in the blockchain can be easily believed to be true.

2] Better Outage Resiliency

Since blockchain spreads the data throughout the nodes on your network, there’s no single point of failure that may compromise all the information stored. This makes the app resilient to unnecessary outages and attacks.

3] Reduced Fraudulent Activities

Blockchain can significantly reduce the chances of fraudulent transactions and activities on your network. That is because forging the identity of any user is impossible, and in-app purchases can be made securely.

4] Improved User Control

With the privacy and data security features offered by blockchain, a user is more in control of their data, which empowers them to be flexible. Users can name their digital identity and manage permissions as they see fit.

5] Minimized Data Breaches

Data breaches can be easily reduced to almost negligible levels thanks to Blockchain and its distributed ledger and cryptography. Implementing blockchain technology improves the overall security of the app, making it difficult for attackers to breach your app

With all these benefits, Blockchain makes your solution not only secure but highly efficient when it comes to offering solutions that are flexible and can keep user data safe and away from unnecessary data attacks.

Use Cases of Blockchain in Mobile App Security Across Industries

Another reason that makes blockchain quite a beneficial technology in mobile app security is that it can serve multiple industries. Be it the digital transformation of financial services or the growing use of healthcare apps, blockchain finds its use cases in almost every industry, in one way or another.

In this section, let us take a look at some of the prominent industries where blockchain can be used and what the use case is for that particular industry.

Use Cases of Blockchain in Mobile App Security Across Industries

♦ Finance

Blockchain in fintech plays a crucial role in making transactions secure. It enables several new applications of technology in financial services, including your P2P transactions.

It also helps in implementing decentralized finance, popularly known as De-Fi. Blockchain is also a key player in enabling KYC in Fintech apps, making it more secure.

♦ Healthcare

One of the key concerns of users when using a healthcare app is the safety of their health data. Implementation of blockchain can keep that data secure, while ensuring that it is only accessible to authorized users.

Blockchain can also help in the safe transmission of data between IoT devices that are used in remote patient monitoring.

♦ Social Media

Blockchain in social media is a game-changer, as it can allow you to be safer with the data that a user uploads.

Compliances require you to be aware of the origin of the data, and thanks to the immutable records that blockchain can maintain, social media platforms can easily authenticate the source of the content.

♦ Supply Chain

Tracing the roots is one of the abilities that blockchain brings to the table. This means you get enough tools to improve end-to-end traceability, allowing you to verify product authenticity, saving your users from counterfeiting.

Smart contracts powered by blockchain are also highly beneficial when it comes to maintaining supply chains for business. Implementing blockchain can certainly be of great assistance when it comes to securing different solutions across industries.

This is also the reason why implementing blockchain for mobile app security is the ultimate demand of modern-day businesses.

Challenges & Considerations to Keep in Mind When Integrating Blockchain

The benefits and the ability of blockchain truly excite every business, every user to implement the same into their solution. However, as they say, every coin has two sides.

While the first side of blockchain implementation brings along security and other benefits, there’s another side that comes with a few challenges and considerations one must understand before committing to blockchain implementation for your business.

What are these challenges? Let’s find out.

Challenges & Considerations When Integrating Blockchain

  • Integration with Legacy Systems

Integrating new technologies with existing systems can be difficult. That is because legacy systems are not equipped with the resources required to support blockchain.

You might need to upgrade your existing systems to make the most out of blockchain implementation for mobile app security.

  • Difficult to Scale

When you have implemented blockchain, you might face scalability issues when the number of transactions increases, and interact with mobile app features in real-time.

That is because blockchain requires verification, which often takes time, introducing latency in the user’s experience.

  • Adoption Cost

Another challenge that many businesses face is the cost of blockchain implementation. Implementing blockchain is resource-intensive and requires all types of resources.

From dedicated infrastructure for implementation to ongoing maintenance solutions, you need it all, making it cost more than you might expect.

  • Employee Training

Blockchain is relatively new as a concept, and not every existing professional may be aware of how it works or how to interact with it.

Hence, when implementing a solution that is compatible with blockchain, you need to spend on employee training to ensure that they are equipped with all the necessary concepts to complete the application.

  • Regulatory Compliance

With blockchain, the user data is certainly secure, and the transactions become super anonymous. However, some regulatory compliances can pose a problem, as you need to create a solution that is compliant with all the necessary regulations while maintaining security.

While the challenges do seem daunting, a little bit of diligence and understanding of blockchain technology can surely help you avoid them all. Managing the implementation of blockchain becomes super easy when you have a reliable blockchain partner on board.

Finding a team of experts for implementing blockchain is a task in itself. In case you are wondering how to choose a blockchain implementation company, then make sure you read the next section, as we might have the solution to your query!

Role of Blockchain in Mobile App Security

Nimble AppGenie: Your Partner in Implementing Blockchain for Mobile App Security

Blockchain is certainly the future of mobile app security as it is both strong and flexible, as per the app demands. Since it is quite new for businesses, finding an experienced mobile app developer who not only is familiar with blockchain technology but has prior experience in successfully implementing the same can help you big time.

At Nimble AppGenie, we have a highly professional, experienced mobile app development company that can understand your needs and deliver a customized solution that uses blockchain for security. With 350+ projects delivered to the satisfaction of 200+ clients, we are your best bet when it comes to effective blockchain implementation.

All you have to do is share your requirements with our experts. Once the consultation is over, our team sends you a proposal that you can either get updated to meet your needs or simply accept if all is better.

It’s that simple! Reach out today to give your mobile app security the power of blockchain!

Conclusion

Blockchain in mobile app security can do wonders for any business, provided it is implemented properly. With its multiple properties, like decentralization, smart contracts, immutable records, etc., blockchain can uplift the level of security of data and access that your app has to offer.

Hiring a professional blockchain specialist is the ultimate way to implement blockchain into your app. Not only does it simplify the job for you, but it also brings along several benefits, including enhanced security and improved data transparency.

With that said, we have reached the end of this post. Blockchain’s flexibility makes it easily the most versatile technology that can be used in almost every industry. Hope this post gives you enough insights on how you can make the most of blockchain.

That will be all for this one. Thanks for reading, good luck!

FAQs

Blockchain technology is used in the mobile app to enhance its security with the different virtues that it brings along. Blockchain simplifies security, makes it robust and easy to implement, while maintaining data integrity.

When you build a mobile app with blockchain, you get multiple benefits, which include:

  1. Improved Data Integrity
  2. Better Outage Resiliency
  3. Reduced Fraudulent Activities
  4. Improved User Control
  5. Minimized Data Breaches

With the implementation of blockchain, your application is equipped with a decentralized ledger to store your data that is spread across nodes in the blockchain. This allows the removal of any failure point that can compromise the data.

Nimble AppGenie is a leading blockchain app development company and can help you build a secure, blockchain-powered solution. Just reach out to get started!