Decentralized Applications

Decentralized applications, or DApps, are autonomous systems that operate on blockchain or distributed ledger technology, providing various functions and utilities to users with minimal human intervention. Control over DApps is distributed among token holders, ensuring a decentralized governance structure. The concept of DApps has been explored in various books, including 'The Truth Machine: The Blockchain and the Future of Everything', which provides a comprehensive overview of the potential of blockchain technology. DApps operate on a blockchain or distributed ledger system, using smart contracts to execute specific functions.