How Mobile Apps Are Transforming Banking Sector

banking sector app development

Just a simple question to start with ? Which did you last visited the bank physically ? Most of you do not remember the same . It is the fact that as the technology is getting mobilised , so is the banking sector . We can do almost everything from the convenience of mobile app and that’s so in a very secured environment . Due to technology advancement in banking sector , presently we are able to experience hassle free banking experience .

With the technology advancement over time , even the banking app has been converted into easy to use mobile applications , in comparison with the bulkier version earlier . Due to this a person who does not even have a penny of experience of using mobile app , can easily carry on banking transaction through mobile app . Along with this , there are many other benefits of mobile app that have changed the way of doing banking for us and some of them have been elaborated below :

1) No Waiting In Queues

If you are one of those person whose day’s first task is to visit the bank for doing any of the transaction , then you must be thankful now for banking apps that have changed your life . You can perform the same task by clicking on few icons in banking mobile app .

2) Convenience To Consumer

All banks works during business hours , usually between 9:30 am to 5 pm , and that is the time most of us go to our offices . This radically means when you are suppose to visit banks for performing any of the transactions , by taking leave from your office that will obviously cost you more . But with the launching of mobile app , this scenarios has been completely replaced . Now in person can do transaction anytime and from anywhere in the world .

3) Immediate Transfer

Usually in India , it takes 3 working days for any cheque to get credited in bank account with is obviously time taking process . But thanks to banking app , it can be transferred within few second and that to from anywhere .

How Is technology Seeing This Shift In Banking Sector ?

A well deployed banking app development must have an awesome UI/UX design for their banking customer . Also security is one of the greatest concern while taking about the mobile app , so that custom can get peace of mind by using banking apps on their mobiles . Latest introduction of technology like BHIM app , UPI has improved the banking sector by joining in all the bank together and thus making transaction between different bank just a click away .

Introduction of latest emerging technologies like Big Data , AI , Blockchain , IOT has open the whole new door for banking sectors .

Banking which were earlier thinking of opening thousand of branches for the convenience of their customer is now more focusing of development of their website and mobile app . The advancement of technology is already created a virtual banks , and in newer future new physical bank brand would be a rarity .

Winklix.com is leading mobile app development company providing website and mobile app development solution across all industries .  We are also leading CRM and ERP software development company thus facilitating IT solution in simplified manner .

AVOID THESE MISTAKES WHILE DESIGNING YOUR APP

There has been a sharp rise in the app development industry. Due to this very reason, the number of jobs in the IT industry keeps on augmenting. But… what it takes to design an app, let’s find out!

According to recent studies, there are millions of applications worldwide and the number keeps on growing with each passing day. Not all the apps make it through the success benchmark and lot of apps fail due to poor app design. Here we will be explaining the mistakes that you must avoid while designing your app.

Finding out the errors in the development phase is an easy task. We can just allow users to test the applications and according to the results, errors can be corrected. However, if we ignore the errors in the testing phase, then it becomes really difficult to test the application.

There is always a trail left behind…

 

With this entire app development process on the rise, even the most experienced developers will leave an error. No matter how good they are, they will always leave an error behind. This error will negatively impact the brand image. The worst part is that the error may be so minute that we may not be able to detect it. But  it will seriously impact the app performance .

We have made a list of the most commonly occurring errors in the designing of the app. This will assist the designers and developers to do designing and development respectively very efficiently. This list goes on as follows:

  • Ignoring the flow of application

It is very essential that the application must have a proper workflow and it must be convenient for the users to use. It will be huge mistake if you don’t think about the flow of the app before designing. It may make the users confused about how to reach a certain feature of the app. It may also happen that something comes up after the beginning of designing which you ignored due to which you will have to undo previous work. So it is important to keep in mind about the proper flow of app.

  • Designing the app for all the platforms at the same time

Both android and iOS are completely different from each other. Investing money on both the apps together is not a good idea because if your app fails, then you will have to suffer losses on both platforms. However if you  prefer to design your app only for one specific platform, then you can get a brief overview to see the reviews of all the people. So even if you design fails, you can improve the design on other platform. This will save lot of money

  • Expecting users to use the services without offering anything

This is foolish and one of the biggest mistake that app designers make. If you don’t provide anything then asking for registration from the users is not a preferred step as the users will not waste their time to register. However if you are providing something, then you would have to show the consumer what you are providing before asking them to subscribe. You can do this be providing screenshots and description on the app store page.

  • Ignoring the importance of on-boarding

On-boarding is the first step when users use the app after downloading. First impression is everything. If you are not able to produce a good impression for your app, then no one is going to use it. Explain the whole process of how to use the app to the users. Make proper slides or animation explaining each and every detail.

  • Not giving importance to the UX of the app

A great design is very necessary for attracting the user. If you don’t have a great layout design of the app, then you will have difficulties in bringing more downloads of your app. So make sure that your app has a great design.

  • Too many features

Make sure that your app does not incorporate too many features as it will make the user confused about the different features of the app. Start with the basic design and then gradually add the features which will compel the users to use the app.

  • Having different design layouts

Too many layouts of design in the same app can confuse the user. It feels as if the app design is not standard and makes it very ordinary which will give a bad image of the app

  • Doing beta testing by yourself

As the alpha testing is done by the developers and designers themselves, the beat testing must be done by someone who has  no knowledge of the app. This is because we have to get both perspective of the app, those who use the app and those who don’t use the app.

Winklix  is an mobile app development company located in the heart of India. It is one of the best app development companies in India. Looking in case you are looking for the best app developer and designer in feel free to contact us anytime !

 

What Is BlockChain And How We Can Use It On Mobile Game ?

blockchain

From the time mobile app market has been introduced , mobile game is gaining its popularity as people are finding the ways to get engaged and getting entertained by playing games on mobile . The mobile app game apps is expected to gain 40% of the market share by 2020 , and so will be dApp mobile app development company .

But there is one limitation – the most common difficulty being faced by a mobile game playing user is if they purchase certain digital goods from in app purchases , it can’t be transferred outside the app or anywhere else . Although it works perfectly for both the user and the game industry , but what if game looses its popularity after a certain time – certainly all the money invested by the user in that particular game will be useless .

For a user to stop playing game means certainly to loose all the digital goods purchase and this leads to waste of money . But recently a new technology is emerging in the market to overcome with the problem that mobile gamers are experiencing . The technology is to make use of digital goods which are bought together with the game by exchanging digital goods by use of cryptocurrencies using blockchain method .

What Is BlockChain ?

Blockchain is a new Web 3.0 which is formed by combination of Nodes and does not have any centralised server for its guide . The most famous example of Blockchain cryptocurrency  is Bitcoin .

But cryptocurrency is not the only method which deal with blockchain . The introduction of blockchain is to allow approval of anythings . User are finding various other opportunities because of its endless opportunities apart from just focusing on cryptocurrency .

Etherum is know to be the base of all blockchains . It is generic chain and is open source .

Blockchain is known to be the most secured technology for doing transaction online as it can not be corrupted .

But have you even imagined how Blockchain has been formed ? Every time a transaction initiated by the user , a piece of information is saved in the block , together with grouping various other different amount of transaction . Then the same block included the hash of prior block , thus allowing their connection and linking them . Then those links form of blockchain , an integrity among the previous blocks going straight towards the original block .

Every time a block is created , it just add a chain and is used as last version instead of overwriting the previous one . Each new history version has higher value in comparison to previous one , in such a way that it can select over the other blocks that are already built in .

Blockchain gets updated with the latest version of the chain in order to facilitate secured and faster access . In fact some time some blockchain creates new block and add it to chain every five seconds .

BlockChain : Network Of Nodes , Idea Of Decentralisation

The network of nodes and its decentralisation is what blockchain is all about . In Blockchain each user gets connected to single independent server and thus it is know to be a network of independent computers .The main advantage being the information of the server being stores at different places rather than being stores in centralised server at one place thus facilitating a greater security control .

The another advantage being data transparency . Any one having private key together with the password can step into the chain and can see all the transaction history .

Mobile App Development Companies Using BlockChain On Mobile Gaming Industry

Some of the renowned mobile gaming app development company has started integrating on the concept of blockchain technology on mobile gaming world , in order to facilitate user to use their digital goods across all games rather than waiting them on only one game ,  usually when they finish all the levels or looses their interest from the game .

The Future Of Mobile Gaming Using BlockChain , Some Conclusions

BlockChain technology has been changing the lot of technology by its advance methods , but the mobile gaming industry has not yet much influenced by this method in broad way , as was expected .
This is because each mobile app developer has their one different project . But the truth being that once the mobile app game developers start to implement blockchain on their games , the benefit will go towards user as well as mobile game distributor .
Ofcourse the BlockChain technology is not only limited to mobile gaming industry but can be used across all industry right from polling station , to one to one end chat in encrypted format thus allowing confidential of both receiver and sender .
For Mobile App Development Companies , using BlockChain means app having more secured environment , thus allowing a better , faster and more secure app .
Looking to hire the best mobile app developers , you can contact us .