Cardstack token, from apps to Dapps via the blockchain
Blockchain

Cardstack token, from apps to Dapps via the blockchain

By Fabio Lugano - 29 May 2018

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The objective of Cardstack token is to build a platform to make both types of applications compatible and interoperable, through an ecosystem equipped with tokens.

Leggi qui l’articolo in italiano.

Since they were created about 10 years ago for the first iPhone, apps have grown to become a world market of respect, with investments of 70 billion dollars for their creation and maintenance.

Revenues are expected to grow to $189 billion in 2020.

Added to this explosive growth are DApps, decentralized apps that are usually based on Ethereum’s blockchain.

While normally apps are centralized, i.e. they are part of a single service that manages and distributes the programs, a DApp eliminates the intermediary distributor and is managed without a central server.

All this is possible thanks to the information management done by the blockchain.

Unfortunately, DApps have problems: they are less user-friendly and, since they’re not from a centralized server, they are rarely compatible or interoperable with each other.

Even apps don’t lack problems: they’re highly standardized, rigid, built to work in a predetermined environment, and therefore don’t communicate with DApps.

At the same time, they are often based on paid services that require installation or operating fees, an aspect that is always very popular with the public.

It would, therefore, be necessary to build a single environment, combining simplicity and functional standardization, but also decentralization of information and management.

A solution to this integration problem could come from the blockchain thanks to Cardstack.

The company proposes the construction of an operating platform for DApps that can also allow the operation of the apps, thanks to its own ecosystem that uses an autonomous token.

Cardstack promises to break the app’s isolation and then create an environment in which the user can use both centralized and decentralized applications, even mixing them, based on several processing layers.

With Cardstack’s token Card, developers can build smart contracts, compatible with the Ethereum environment, used by apps, and thus become the point of contact between blockchains and applications.

Programmers will be remunerated by means of Card tokens, based on the use of the application itself. The blockchain is made smoother by using the Tally system which performs many operations outside the blockchain, making it faster than the Ethereum Virtual Machine.

All this for a future in which every application and, for example, every telephone, will become increasingly distributed, widespread and secure.

Fabio Lugano
Fabio Lugano

Graduated with honors from Bocconi University, Fabio is a consultant for companies and wounded shareholders of the Banche Venete. He is also the author of "Scenari Economici", and lecturer and analyst of cryptocurrencies since 2016.

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