Dether Dapp organization was founded by Hamid Benyahia and Mehdi Amari. The purpose of this creation was to offer a solution to the hitches of Ethereum adoption. Dether helps bring down the barriers of the global chain through the creation of a bridge that is decentralized to bridge the cryptocurrency and fiat currency in the economy. It was then used to help make the vision of OTC network sustainable by making the alpha Dether version interact with its protocol. The mission of this Dapp is to destroy the barrier that hinders the use of Ethereum adoption in mass numbers. It is, therefore, used to give way in a digital world that cannot be trusted. The application elite essay, in this case, does not have any reported fraud, censorship or interferences from a third party.

Dether Dapp recognizes the peer to peer network because of its location-based Dapp. It is therefore capable of providing solutions to peer to peer base on the trading condition for the messaging between the operators. A Dether Dapp is used with access to the internet as well as a smartphone. However, the application does not require one to have a bank account while trading the ether. The Dapp is beneficial in some ways including a platform that is fully decentralized, the users are anonymous meaning the identity of an individual is not revealed, no holding of funds, and the conversation between peers is encrypted.

The Dether Dapps are the applications to be used to bring such changes in the business world. The Dapps are built on the Blockchain hence are transparent, distributed and resilient. The blockchain bitcoin cryptocurrency was launched to digitalize the payment system. Bitcoin cryptocurrency is also referred to as the token where users can send their payments using the digital currency. The Dapp has a developmental process that ensures the product released in the market is fit for use. First, a whitepaper and prototype are published with the descriptions of the Dapp and the core features. Second, a token sale is launched for the organization to offer an initial sale of the tokens. Then the ownership is spread using the initial coin offering by the Dapp and finally implementing the Dapp by investing funds in the application.

Business canvas model analysis

A business canvas model provides a visual representation used by the strategic management of the current models used in the business. It gives an entire view of the current performance of the business, and the impacts increased investment would have on the variables. This way it would be possible to create a simple way into evaluating the traditional practices in the business to come up with innovative adaptive techniques. In business canvas model analysis, it is always important that the business considers some aspects this includes the key partners, activities, resources, social and environmental cost and benefits, the financial viability of the innovation, customers target group and the infrastructure.

The key partners in the company are glad to partner with Blueshift networking company in Australia, OST, token websites that facilitate exchange and other legal firms that offer consultation services.

The key activities: Dether’s main activity is tokens cashing, trade ether and maintenance, negotiations with the partners as well as mobile support.

Key resources: the organization’s key resources include the developers of blockchain technology and the financial resources that help facilitate the operations of the tool development.

The value proposition: Dether Company is to make the Ethereum accessibility easy for everybody who wished to interact the company products thus, easy to use. Hence, a business created out of Dether’s operations will not require to build any infrastructures for their operations.

Customer relationship: Communication to their customers is enhanced using their website as well as social media networks which are highly used by customers.

Customer segments: the organization has segmented its target customers into three divisions including the early majority, early adopters and the later majority.

Cost structure: the expenses used in the facility include the amounts used to pay off the contractors as well as the gas fee. The development of the software requires compensation to those who come up with the software. Other administrative fees revolve around marketing, public relation and service to the customer.

Revenue stream: the presale of private Ethereum raised 4,956 with an average price of $730. The ratio comparison was equal to 1 Ethereum at 4,400DTH. This how Dether raises its revenue by customers paying for the tokens they purchase as well as for the verification of the documents.

Comparison of Dapps (Cryptocurrencies)

There are three types of Dapps including the type I, type II and the type III. The type I include the Bitcoin Dapp which is famous and the lite coin plus the alt-coin. The market for Bitcoins has a downward trend for maintaining a high price which inspires the confidence of this currency in the market. Besides, the adoption of the currency has grown making the future of this cryptocurrency bright. However, other cryptocurrencies have made their way into the market holding back the high rates of bitcoin adoption. Bitcoins have a great opportunity in the macroeconomic growth. Altcoins are not specifically the alternative type of Bitcoins because there are some that are different from the Bitcoins and their goals are different. Ethereum is a type of the altcoins and are not designed digitally but are designed to build apps on the blockchain business model. Furthermore, token, as mentioned above, is the most interesting currency. It is unique in its way because they lack a blockchain.

Trend & SWOT analysis

The technology has an opportunity to succeed in the current commercial developments of the country. This is because the blockchain models are looking forward to the integration of the new developments in the traditionally used mechanisms. Furthermore, the financial institutions have stepped up to help out Dether Dapp and are also will to make use of the tokens as part of their operations. This is a strength for the organization because customer satisfaction will be improved. Besides, using the decentralized platform, it will be possible to come up with a market, manage debts and funds as well as have continued innovation without involving a middleman. However, the development poses a great threat to the sustainability levels because of the environmental regulations present. More energy has been used to a point where no more energy can be available to run the technological applications.

Overall evaluation and prediction

Ethereum has gained the global influence and trust from business that has used the application. This is because, the technology has been well developed for work with properly designed infrastructure. Therefore, use of this technology will rapidly increase in future even because of the flexibility that come along with it. The amount of Dapps in the market will continually grow and most especially on the Ethereum platform. Therefore, a seamless interaction will be experienced between the web and individuals’ wallets. Besides, decentralized Apps will gain more operational grounds because gambling will be famous