The vulnerability of user data is increasing drastically over the last few years, the frequency of network intrusion has grown more common. Individual data ownership and control are becoming increasingly important in both the digital economy and larger society.

Additionally, the requirement for an unfiltered log of digital interaction has grown in importance. DApps provide a technology that allows information to be published in its original form, accessible to everybody, held by the original author, and impossible to be acquired by a centralized organization. 

Etherium has given birth to some of the most well-known DApps, like Golem, Augur, Melonportm, and EthetTweet, which have a market valuation of millions of dollars.

Let’s look into a few DApps

  • Golem

Golem can be accessed by anyone on the globe, it is an open-source and decentralized supercomputer. The combined energy of all the computers that power Golem give it its strength. 

Users may rent out their computer power to other users because of the network’s massive processing capacity, thereby creating a worldwide market for computing power.

  • Augur

Augur is a DApp that seeks to provide a trading profit predicting tool. This would be accomplished through the use of a decentralized network and prediction markets.

  • Melonport

Melonport is a DApp that assists with the administration of digital assets. Children can create or invest in digital asset management plans in an open and competitive manner using the application’s technology.

The program creates a track record that is audit able and accessible, allowing for a completely new approach to asset management.

  • EtherTweet

EtherTweet is a similar-to-Twitter decentralized blogging platform. Content submitted on EtherTweet, however, cannot be erased because it is a DApp.

As a result, using blockchain technology creates an unfiltered, immutable record of content publishing.

  • CryptoKitties

CryptoKitties is a blockchain game that allows users to buy, collect, breed, and trade virtual cats and is based on Ethereum. It was created by the Canadian firm Dapper Labs. It’s one of the first initiatives to use blockchain technology for leisure and enjoyment. 

In December 2017, the game’s popularity choked the Ethereum network, causing it to reach an all-time high in transaction volume and significantly slowing it down.