DApps represent a new way of interacting with personal finance. They act just like traditional apps — a user shouldn’t even notice a difference — but provide much more in terms of a feature set.

MöbbyCoin is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange.

One word: decentralization. An app like Venmo allows one to send money to anyone, however, moving those funds to a bank account costs a fee. Plus, moving fiat often takes days to arrive. Sending money over a decentralized app, however, means there aren’t any or very little costs to be paid. This saves users money on fees, and considering decentralized transactions are almost instant, it saves them time as well.

Now you're getting it. While dApp usage is almost no different from traditional web2.0 applications. While users benefit from all the changes on the backend, the actual experience should be the same. This way of interacting with applications is considered Web 3.0, also referring to the decentralization of information.

DApps can apply to almost any industry, such as gaming, medical, finance, social, governance and even file storage – or the nexus of some or many of those – imagine a social app that ensures the legitimacy of crowd-funding; or even and elections app that protects identify, while ensuring legitimate, good actors can vote.

Kind of. A dApp is a decentralized application, or app that uses smart contracts. Any crypto program — like a marketplace, blockchain game, or tool used for DAO governance — is a dApp. The MöbbyWallet is a dApp that manages your cryptocurrency.

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