Decentralized applications (DApps) are applications that run on a decentralized network rather than a single server. Cardano is a platform for the development and execution of DApps, which means that developers can build and deploy applications on the Cardano network.
One of the key benefits of DApps is that they are decentralized, which means that they are not controlled by any single entity or organization. This can make them more resistant to censorship and tampering, as they are not dependent on a single server or point of control.
DApps can be built on top of the Cardano blockchain using smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. This can make it easier for developers to build and deploy DApps on the Cardano platform, as they can leverage the security and reliability of the underlying blockchain.
Some examples of DApps that could be built on the Cardano platform include decentralized exchanges, prediction markets, and supply chain management systems.
Overall, the ability to build and deploy DApps on the Cardano platform can be a key advantage for developers and businesses looking to build innovative solutions on a secure and decentralized platform.