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Why is Kotlin used for mobile application development?

A Mobile Application can be valuable to a lot of businesses in many ways: a source of gross, a transmission tool, a way to raise brand recognizance and many more.

A new programming language, Kotlin has gained staggering numbers of involvement among developers in the last few years especially ensuing Google’s official language for Android Development.

What is Kotlin?

Kotlin is a programming language for Java Virtual Machine(JVM) developed by JetBrains in 2011. It can be used anywhere where java is used such as Server, client, web and android development. Kotlin is becoming popular due to its clean language design and powerful features. The main target of this language is to bring together the useful features of programming language for both Small and Large scale projection.

JetBrains presently working to fetch Kotlin to embedded system and iOS possibly making it a one-stop language for all application areas.

Who is Using Kotlin?

Kotlin is used anywhere where Java is used. It interoperates with Java.

Also used in fields like Android App Development, Embedded system, macOS, iOS.

The pros of using Kotlin for mobile application development are:-

Increases team efficiency (More work can be done as it takes less time and fewer lines of code.)

Easily maintenance (This helps in increasing the developer’s productivity.)

Less Buggy (Bugs get detected at compile-time, so developers can fix errors before runtime.)

Conclusion:

We need to migrate to Kotlin at our business in small steps and a well-planned manner. A good way to start this is by introducing Kotlin in a non-business stage so the developers can gain more experience.

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How is Machine Learning influencing app development today?

The group of Machine Learning Apps receives the largest amount of venture funding relative to other types of artificial intelligence, e.g. ML Platforms, Intelligent Robots, Recognition of Voice and Audio, etc. While machine learning has begun on a computer, ML apps are obviously even more common now due to the high productive capacity of modern mobile devices.

The main aim of machine learning is, to make a mobile application as user-friendly as possible. In order to meet the expectations of the customers, one should adhere to the following principles:-

1. An independent approach is a very good thing. It’s the flexibility and usability that each customer needs from the program. In fact, any app can use machine learning to become a friend of yours, someone who is eager to anticipate your desires and eventually succeeds in recommending your relevant content.

2. The quest should not be time-consuming and demanding. ML tools may be useful to those who want to find the relevant details. These tools evaluate the search history and standard behavior, include spelling correction, voice search and a list of similar requests.

3. Consumers trust customized e-commerce devices. The ML algorithm must easily predict search queries. It makes it possible to suggest items that are best suited to the needs of consumers, namely the best products, deals, platforms, and delivery times.

4. The more types of data you analyze, the more you learn about the expectations of your customers. Having available user data, you greatly increase the chances of getting ML to work for you.

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What's new in android mobile application in 2020?

Let’s have a look at all the trends you should watch out for 2020:-

Android Instant Apps

Google Play Instant allows users to use either an app or a game without any installation process. Android Instant Apps are operated and run from the cloud, so users don’t need to download them.

The key benefit of such devices is that they do not take up extra space on the smartphone of the user. Users can also reduce the clutter of unwanted software on their mobile devices.

An instant app is like a demo version of an app that actually has all the specifics of the original app but is smaller in size. These are designed to help you determine if you really need a full version of the application.

Artificial Intelligence

Nowadays everybody has seen the use of AI in various areas of life, and it was only a matter of time before the Android app development. There’s a lot to watch out for with artificial intelligence.

Here are some tools available for Android app development to build such functionalities in your Android app.

TensorFlow Lite

Firebase MLKit

Google Cloud Vision API

Neural Network API

Internet of Things

The IoT-based Android app provides a simple environment for users to connect to IoT-enabled devices.

IoT will be built into cars and homes, and you could just go to bed to know that your house is online. Many of the biggest app developers in the US are joining in this movement and opening their doors to the convergence of artificial intelligence with the Internet of Things.

Wearables

We already know wearable devices like trackers, smartwatches and fitness bands or smart rings. Wearable needs a forum to run, and the production of the Android App will benefit from this in 2020.

Due to the vast potential of these tools, mobile app developers are expected to think about how to create applications that support this technology in order to enhance their distribution. The year 2020 will increase in the number of people with wearable devices, and this is what any web and mobile development company will look out for.

Blockchain

Blockchain technology is increasing in importance and the industry is growing. It avoids a leak of data or it is possible to make a fake document on the ledger.

Today, due to its adequate security and durability, blockchain has gained more popularity over cloud applications. Technology keeps track of the customer’s digital transactions and ensures the security of the customer’s details.

5G Service

The speed of the 5G network will be 100 times higher than that of the 4G network. In addition to high speed, 5G will also be used for 3D gaming, Data Security, Augmented Reality.

You’ll also experience a new level of data protection, and that’s what the average device user wants to see. You might tell that it’s going to be a lot of fun next to the coming years.

Improve Security Of Apps

Earlier, Google had received a lot of complaints about the violated protection of the app. The apps accessed the personal data of users without their permission. 

Apps can request permission from the user before accessing his or her personal information. Users have the right to allow or refuse permission to do so.

The Emergence of Beacon Technology

Beacon Technology has received a warm reception from different industries and markets, including the hotel industry, health care, and museums. It’s an easy-to-use app that uses location data and proximity marketing.

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What are the different types of stablecoins in the cryptocurrency market?

Fiat-collateralized stablecoins

Cryptocurrencies are lauded for paving the way for decentralized, peer-to-peer tendering methods and blockchain-based currencies that promise to take electronic money to the next level.

Fiat-backed stablecoin coins are fully backed by fiat money. Fiat-backed stablecoins are backed by 1:1, meaning $1 of stablecoins is equal to $1 of fiat money.

The premise is that their stablecoin is’ backed’ by real fiat in real bank accounts, and this type of stablecoins is the simplest, but also the most centralized.

Fiat-collateralized stablecoins are the simplest structure that the stablecoin can have, and simplicity has great advantages. It’s easy for anyone new to cryptocurrencies to understand, which can make it easier for them to follow it more broadly.

ADVANTAGES

Simple: The fiat-backed structure is easy to understand and transparent.

Stability: Fiat currencies are a reliable commodity because they are (legally) backed by the government and the economy of the country. It means that the underlying values do not fluctuate much.

Crypto-collateralized stablecoins

Just as a fiat-collateralized stablecoin has a fiat tender as collateral, a crypto-collateralized stablecoin has cryptocurrencies locked up as collateral, such as Ethereum.

In order to compensate for the instability of the protected cryptocurrency, the stablecoin is required to make a protection commitment.

This means that the coin will not have a ratio of 1:1 to the collateral crypt; it will look more like a promise of $2 USD for every $1 USD of stablecoin released.

The cryptocurrency or digital currency basket is used to hold this sort of Stablecoins. The use of central depositories, such as banks, is excluded in this situation. This method also aims to maintain price stability for decentralized tokens.

And in this system, the stablecoin is overly secured by a pledge to absorb any price fluctuations of the cryptocurrency.

ADVANTAGES

There is no need to rely on a third party that provides collateral storage.

A higher degree of decentralization

Blockchain transactions make it possible to manage the supply of Stablecoins faster

The higher level of liquidity than fiat stablecoins

Non-collateralized stablecoins

Seigniorage Shares is a cryptocurrency concept that corresponds to a fiat that does not require collateral in other assets. Non-collateralized stablecoins use the Seigniorage Shares scheme. Essentially, tokens depend on a mechanically-generated algorithm that is able to change the amount of supply if necessary in order to maintain the price of the token attached to the asset.

Non-collateralized stablecoins rely on smart contracts to sell tokens if the price falls below the peg or to exchange tokens if the value increases. In this way, the token will remain stable and keep its marker.

The commodity to which the stablecoin is attached could be fiat currency, such as the US dollar, or a real asset like gold.

ADVANTAGES

No need for collateral

A higher degree of decentralization and freedom, since no fiat currency or crypto active assets, are binding.

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Which Cryptocurrency Exchange is Better, Binance or Coinbase?

Are you curious about buying or selling cryptocurrency?

They may seem very similar at first glance, but an in-depth comparison between Binance and Coinbase shows a sharp contrast.

There are a few crypto exchange platforms that you can consider, while Coinbase is geared towards the new beginner who just wants to buy and sell a cryptocurrency, Binance offers investors the opportunity to do so much more.

What is Coinbase?

Coinbase is one of the most successful digital asset trading platforms and has been found in more than 190 countries worldwide. This site is not only for digital assets, as it also supports fiat currency in 32 other countries.

As far as reputation is concerned, Coinbase is undisputed. It has established itself as one of the most popular and successful exchanges in the world.

It was able to achieve this credibility on the basis of a high level of security, low transaction costs, a very high volume of transactions, and the ability to support multiple cryptocurrency-to-cryptocurrency transactions. Another point in support of Coinbase is that it acts as an official currency exchange for currencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum.

What is Binance?

Binance is an exchange where cryptocurrencies can be exchanged by users. It also endorses many of the most commonly traded cryptocurrencies.

If you’re acquainted with Chinese cryptocurrency exchanges, the likelihood that you’ve come across Binance is very popular, as is another famous exchange. One of the main reasons for its success is that this exchange has about 260 crypto-to-crypto trading pairs. It also charges a modest 0.1 percent transaction fee.

In addition to lower transaction costs, customers are given the opportunity to obtain a 50 percent discount on the transaction fee for one year (the first year). This discount is valid, regardless of the volume of the transaction carried out. Safety assistance is also unprecedented.

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