What are Decentralized Apps (dApps) in Blockchain?

Decentralized applications (dApps) are applications that run on a blockchain network, instead of on a centralized server. This means that dApps are not controlled by any single entity, and they are more secure and transparent than traditional applications. dApps are built using smart contracts, which are self-executing contracts that are stored on the blockchain. Smart contracts allow dApps to automate transactions and ensure that they are executed as intended. There are a variety of dApps available, including: Decentralized finance (DeFi) applications, which allow users to lend, borrow, and trade cryptocurrencies without the need for a central authority. Decentralized exchanges (DEXs), which allow users to trade cryptocurrencies without the need for a centralized exchange. Content sharing applications, which allow users to share content without the need for a centralized platform. Voting applications, which allow users to vote on decisions without the need for a central authority. dApps are still in their early stages of development, but they have the potential to revolutionize the way we interact with the internet. By decentralizing applications, dApps can make them more secure, transparent, and user-friendly.