6 Most Important Blockchain Trends Defined In Quarter 1 Of 2018

Q1 Report Of Blockchain For 2018

Being a decentralized technology, Blockchain is used by a global network of computers, to jointly manage the manage the database that records cryptocurrency transactions. There is always a churn of news around Blockchain, as the upsurging value of Bitcoin and other cryptocurrencies rely on this technology. The Blockchain Developers have made this concept pretty simple and its UI design is kept user-friendly.

Quarterly, every year new trends of blockchain are defined and released within the State of Blockchain Report. Here’s a glimpse of the important trends of Blockchain in Q1 2018:

  • Cryptocurrency Market

Unlike the previous quarters, Bitcoin suffered a 51% decline in Q1. A similar drop has been noticed in exchange volume, transaction value, and transaction count. This is not the scenario which is seen in only Bitcoin, most altcoins mirrored the same behavior. The cryptocurrency market capitalization suffered the loss of almost $348 billion.

  • Market Matures

The cryptocurrency market has seen steady growth in Q1 after the introduction of Bitcoins at the end of Q4. After this, an upturn was noticed in both long and short positions. The quarter was ended with having 5,000 and 3,000 short and long positions respectively. A research at the Federal Reserve Bank of San Francisco says that the Bitcoin market and its price has been dropped as a fall in Bitcoin has been spotted.

  • Taxes Appear High

Taxes have been the biggest concern to all the investors as the cryptocurrencies had started generating an estimated amount $70 billion in the global tax revenue in the year 2017, which is based on the average of various governments’ tax rates and on the total gains in the market. This tax parameter of cryptocurrency keeps on changing.

  • Bitcoin Miners

All the ups and downs did not affect the Bitcoin miners, as over Q1 the slope of hash rate, i.e; the processing power amount devoted to securing the bitcoin network has deviated from the market capital. The hash rate of Bitcoin has held strong against the competition while the bitcoin cash cryptocurrency ranked second-highest in the race of hash rate.

  • Fall In The Bitcoin Transaction Fees

The transaction fees on the bitcoin network have dropped drastically. At the end of Q4 2017, the transaction fees were $40 and in Q1 2018 the fees settled on an average of $9.49 per transaction. Besides bitcoin, other cryptocurrencies saw 60 to 90 percent declines in fees as well.

It was analyzed that the high fees might have discouraged users from transacting, but it’s seen that even after the fees came down people decline the transaction of cryptocurrency. Fee levels can also be a barometer of demand. As in Q4, we saw an increase in the fees due to more people buying into cryptocurrencies. So the statistics of reduction in fees could imply that demand of cryptocurrency transaction is shrinking.

  • The Continues Growth In ICO

The rise of $6.3 billion is observed in the ICO activity in Q1. Over 25% of the funding in Q1 was accounted by Telegram’s $1.7 billion ICO. The second largest ICO after Telegram is Dragon, which offered $320 billion of the fundings. Still, the ICO is in a growing phase.
The growth of the average amount is almost doubled from Q4 to Q1, from $16 million to $31 million.

These are the top six important trends of Q1 2018, which is been followed by the majority of developers from the topmost Blockchain Development Company.


Top 5 Trades To Follow For Creating Your Own Cryptocurrency Exchange Platform

Trades 2

The term Cryptocurrency has become viral and its popularity has increased in the medium of transaction, ever since the Bitcoin has emerged in the year 2009. With the immense popularity of Bitcoin and acceptance of Cryptocurrency, many other types of Cryptocurrencies such as Ripple, Ethereum, or Litecoin have emerged with the help of Cryptocurrency Developers. All these digital currencies are getting exchanged widely, which makes the entrepreneurs find it relatively easier to deal with the cryptocurrency all over the world. Digital Currency Exchanges (DCE) is the other name for Cryptocurrency exchanges. The exchange mechanism can be amongst two parties where the money is transferred electronically using the cryptographic method for secure payment.

To make the cryptocurrency exchange job easy, having a crypto exchange application is an additional advantage. Here are some steps that can acknowledge you about the process of constructing your own DCE platform:

  • Create Your Own Cryptocurrency Exchange

When it comes to building the Cryptocurrency Exchange Development platform, after getting the trade license, the tools that are at the topmost priority. These tools include charts that reflect digital currencies volatility indexes which compares different trading pairs before making transactions, order table with the transactional details and quality analysis with the detailed history of the most profitable transactions. Such tools are useful in determining bidders’ demand and accurate forecasting.

Time and Budget are the important factors of any exchange software. It should be developed and debugged by keeping professionalism in mind. Being a trading platform, it should be developed meticulously in the perfect details.

  • Creation Of A User Account System

By developing a user account system you can get a cryptocurrency wallet that can store all the electronic money. An option of sending or receiving must be provided to the user, where he can his choice accordingly. With the help of this exchange, the platform the investors and traders will be able to manipulate their market positions.

  • What Role Does Aggregator Play In Exchange Platform?

When you have your own digital currency exchange platform, you need to play the role of an aggregator to aggregate particular information from different online sources. This can help users to create their own coins and put it on the list of assets. An aggregator will process a large amount of information every second.

  • Features Of User-Friendly Interface

All devices such as laptops, smartphones, tablets, etc must be supported by the UI design of your system. The Cryptocurrency Developers can develop a customized cryptocurrency exchange application. It should support features like analytical infographics, access to trading accounts, transaction history, statistics monitoring, and 24/7 customer support.

  • Development Of Cryptocurrency Wallet

Users will store all their digital coins in the wallet. The highly enhanced security system is needed to improve the trust factor of the customers. The wallet can be of two types, hot and cold. The hot wallets allow users to export currency to an external wallet, while the cold wallets contain the remaining tokens or coins.


Cryptocurrency is currently high in demand and is the hottest topic of discussion amongst the business community. This is the sole reason behind the increase in the digital currency exchange apps. OpenXcell is one of the leading companies when it comes to the Cryptocurrency Exchange Development services.

Top 6 Blogging Apps For iPhone 2017

Top 6 Blogging Apps For iPhone 2017

Blogging is not about writing on different genres. It’s about building a strong connection between a writer and a reader. Earlier, a writer used to carry a pen and a notepad so that he can pen his thoughts and share it online for others to read.

Today, with the evolution in technology, these handy resources are replaced by blogging apps. Top iPhone app development companies worldwide have build commendable blogging apps that have changed the world of writers.

Brace yourself, writers… Unveiling 6 fantastic iPhone blogging apps.

  1. iBlogger: it is a top-rated and highly recommended app for you. Not a free app. It costs $10. It supports WordPress, Blogger, Express Engine and many more popular blogging platforms where you love to publish. Besides this, it also provides features required to write a perfect blog for the audience.
  2. BlogPress: It is an another paid app for you. Available in the iTunes stores at a sales price of $2.99. It provides stupefying features like uploading files, image editing, schedule publishing, tracking location, sharing on social media forms and various others. It also supports major blogging platforms making the publishing task easy.
  3. Adobe Express:  Not a writing app. It is a mini adobe Photoshop version wherein you can create and edit the images at your fingertips. It provides a feature of uploading an image regardless of their location and extension. You can also create a collage of your choice or can opt for automatic collage creation.
  4. Weebly: A well-known blogging platform wherein you publish often. It’s mobile version is quite user-friendly and interactive. It provides you to customise your mobile site your own way using responsive themes. It also helps in monitoring the traction time-to-time basis along with the features to write awesome blogs.
  5. Blogo: It’s a blog editing tool designed for iOS 9 version and above. It provides a wide space to write blogs on the major platforms like WordPress, Medium, Blogger. Plus, it also provides the feature to share it on different social media channels or promote it through email marketing. We can conclude it by saying “One stop shop for writing amazing blogs.” It’s a freemium app. One more interesting thing about this app- it has bagged the “Apple Best App 2016”| App Store title.
  6. Page: Not a writing app but editing app. It enhances the blog by checking the grammar and sentence formation issues. It is a product of Ginger Software which you trust the most. You have the space to check each spelling, correct each improper sentence and make it easy to read for readers. It is a paid app costing $3.99.

Summing Up

Writing is not an easy task. It needs a lot of creativity in order the grab the users’ attention. The above apps are exclusively designed considering a writer’s viewpoint.

OpenXcell is one of the renowned iPhone app development companies providing unique solution for every business requirement. Wherewithal, if you have an app idea that is beneficial for writers like you, drop in your requirements at sales@openxcell.com or call us at 1-(888)-777-4269.

9 Things You Must Know About FDD – Feature Driven Development – OpenXcell

FDD, the Feature Driven Development methodology is aligned to the Agile development methodology. It is a design-oriented agile process developed and refined by Jeff De Luca, Peter Coad and others. The project is divided into features. These features are small pieces of a complete project. With the help of FDD you can create design, code and code inspection schedules without going into elaborate paperwork. Here the focus is more on relying on people and their roles for development.

Source: 9 Things You Must Know About FDD – Feature Driven Development – OpenXcell

Looking For A Good Free CRM Software? – OpenXcell

It is important for businesses to efficiently manage their interactions with their customers. A CRM (Customer Relationship Management ) System today integrates and automates sales, marketing, vendor data, customer support and more in one easy to use solution. CRM software can help you find leads, nurture prospects and help them into sales funnel. CRM solutions integrate your data and pick up useful information for you to act on. A good CRM system helps you stay efficient. Generally if you are looking for a CRM software for your business you need to firstly focus on your reasons for going for CRM software. Why do you really need a CRM software? Which features you think you would need? And then you have to consider your budget. How much are you willing to shell out for the software.

Source: Looking For A Good Free CRM Software? – OpenXcell

Want Your SaaS Users To Onboard Easily? Try These 8 Rewarding Tips. – OpenXcell

Build a better mousetrap and the world will be at your door, it is said. Not if it is built in a jungle. Not if you don’t tell people that you have a better mousetrap and definitely not if your users are using your carefully built ‘better’ mousetrap incorrectly. If they are not satisfied they will get rid of it after one try. User experience matters a great deal. To ensure that your users have a great experience with your product and become your long term customers, you need to ensure that you onboard your users correctly. Teach them to use your product the right way. User onboarding is all about the journey you take the user on, once he buys your product and is ready to start using your product. You have to convince the user that your product will add promised value to his life if he uses the product the right way. And then, the onus is on you to make sure that it does.at…

Source: Want Your SaaS Users To Onboard Easily? Try These 8 Rewarding Tips. – OpenXcell

App Development Cost : How much does it cost and takes time to make an app

Today, we are so much addicted to smartphones that business, banking, shopping, food ordering, socializing, doctor’s appointment, everything seems  just a click away. How many of you agree? Most of us would agree…

Earlier, we had to travel miles to shop, banking, socialize, friends meet, business work and spent almost half a day leaving the routine work in mid. And now! Our lives have become so smooth, carefree and quick as if we have transferred all important works to this handy device.

Have we ever thought of such evolution? Truly speaking not!  The way, the technology has evolved our lives, we cannot predict the future.

Looking at this change, huge companies have made mobile applications a medium to connect and interact with millions of users.  But are we aware of the time and cost invested in developing these apps? No?

Fret not! Here is the list of most popular apps we use daily along with the development time and cost.


Source: App Development Cost : How much does it cost and takes time to make an app

App Localization Is Now Easier: Google Offers App Translation Service – OpenXcell

KFC, or the Kentucky Fried Chicken – the American fast food restaurant chain specializing in fried Chicken can now be found globally in every big and small city. Its expansion was based on the premise that if a much loved product from US of A is taken to another country, it could get the same amount of love from the citizens of a new country. And KFC turned out to be a winner –everywhere. Sometimes you do need to add the local flavour- the local spices to international dishes to localize them and to make them more popular. In Japan, KFC had to include new items like smoked chicken, yogurt, fish and chips in its menu. Mashed potatoes were replaced with French fries. The coleslaw was less sweeter than the US version to suit the Japanese palate. That is how globalization works. Let’s say the app you developed is pretty popular in your country. There is no reason why you should not try to get more users for your app from different countries. Your app – if it has the potential, deserves to go global and local. How do we do that? Let’s discuss.

Source: App Localization Is Now Easier: Google Offers App Translation Service – OpenXcell

How User Experience Can Increase Your eCommerce Mobile Sales?

Mobile continues to rapidly gain the space in eCommerce. This year, mobile traffic volume outpaced desktop. However, the scenario is not the same for conversion rate. According to the smart insight report, desktop wins the game and records 67% of eCommerce online sales in the year 2016 which is down compared to the sales in the year 2015.

Source: How User Experience Can Increase Your eCommerce Mobile Sales?

Top Mobile Technologies that Reconsider Your Marketing

Top Mobile Technologies that Reconsider Your MarketingMarketing has a huge impact on users. However, professionals find unique ways to craft marketing strategies and influence users.

This is the mobile era, and today, approximately half of the world’s population owns a smartphone. Besides, on an average 80% of the users time is spent on apps which need internet connection.

Considering these facts, marketers adopted mobile as a primary source for marketing and built an opportunity for mobile app development companies.

You may have witnessed the craze of the popular game Pokemon Go which was developed using Augmented Reality, Artificial Intelligence and Beacon technology. The craze slowed down but these technologies left an impression on the players.

Though they are used mainly in making mobile games, they can do wonders in marketing. The proof of the above statement is Facebook’s new app update which has AR Features. Posting Live videos with real-time comments and likes. Also, “This or That” feature with Giphy Live Animated GIF is an amazing one.

Facebook crafted amazing marketing strategies using Augmented Reality to keep users engage and increase the number of users.

Prisma app soared the app store charts within a week after launch because of the new technologies that evolved the image editing phenomenon. Using Artificial Intelligence and neural technology, the app was designed with 33 artistic filters that add beauty to the original pic.

Artificial intelligence is a buzzword in marketing. It can aid marketing professionals to focus on creating a truly personal and interactive marketing strategies that increase users engagement. Chatbots, for example, help marketers resolve the queries efficiently.
It also gives time to innovate ideas and recreate the product through effective emails, campaigns and promotional activities.

Beacon Technology became popular with the adrenaline game Pokemon Go. The way the technology was used in the app amazed the users. iBeacons are used to enable the location services of the smartphones and provide relevant location search result to the users.

This new technology has magnificent benefits for marketers. It helps them to collect customers data with location. For instance, Zomato app has this technology enabled allowing marketers to collect and analyse the data which location and restaurant are searched more often.

To be precise, this technology is now used by retailers. Retailers can collect data about customers’ shopping habits that help them rethink on their marketing strategies, store location, and offers that align with what the customers are looking for. Thus, enhancing retailers’ overall experience.

Summing Up

The technology is evolving marketing techniques and helping marketers to innovate unique ideas to promote brand and products. Virtual Reality, Augmented Reality, AI and iBeacon are the popular ones which redefined digital marketing.

The one which inspired many was NHS Hospital’s AR blood donation campaign. The hospital launched AR billboard campaign that allowed participants to virtually fill the bag and get register as a blood donor. This campaign was organised majorly in London and Birmingham.

The second example is IKEA catalog app that uses image recognition technology. This app allows users to virtually place furniture at home and figure out its use.