App Stores of Future Will Be Based on Blockchain, Promote Transparency

In 2017, app stores saw record revenues and downloads. Across both iOS and Android platforms, downloads grew by 15 percent year-over-year to reach nearly 50 billion worldwide, taking total revenue to $15 billion.

Google Play and the Apple App Store are the most widely used mobile marketplaces across the globe. It’s because of this duopoly that they are able to impose a 30% cut on all purchases, app downloads and in-app items alike.

AppCoin wants to change this by utilising Blockchain technology, disrupting the traditional app economy. This economy is worth nearly $77 bln today and may double by 2020.

You can read the full article written by Anupam Varshney here.

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