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Data Visualization in Mobile App Development

Data visualization plays a significant role in both the PC and mobile app worlds. It works for far more than just merely business, as it has immense feedback potential. When developing virtually anything, you’ll want Read more…

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Data visualization plays a significant role in both the PC and mobile app worlds. It works for far more than just merely business, as it has immense feedback potential.

When developing virtually anything, you’ll want to test it out. Now, the data that you garner from tests can be redundant, useless, or situational – which means you’ll have to root it out.

After rooting out the less desirable raw data and turning it into viable data, you’ll want to present it. This step is essential in most marketing strategies and integral to making any educated business decision.
When you’ve refined the data to such an extent that it’s viable, you’ll want to present it in a positive and understandable light. Not everyone, especially not sponsors and users, will understand what the endless stacks of numbers mean.

Humans are highly visual creatures, which means that you have to present the data visually. That is where the role of data visualization in mobile app development comes in.

Why is Data Visualization Crucial In Mobile App Development?

When it comes to mobile app development, you’ll usually need to do many things before you tie a project up. If you want to put advertisements on your app, which you most likely do, you’ll want to place them in the optimal position.

Another crucial step in development is testing. When you’re developing an app or a service for a mobile device, you’ll want to know what the user experience is like.

Not every phone is an iPhone, and not every operating system is the same. Smartphones come in all kinds of shapes, sizes, and serve different purposes. Now, this is liawhy you need to test your mobile app on as many phones as possible.

The last thing you want to check when developing a mobile app is its actual usability. To gain a perspective on what you need to optimize your app fully, you’ll want to test it.

All of this testing is only as viable as the data that’s garnered from it. After filtering out the data, you’ll need to visualize it.

Visualizing your data has a significant implementation in all spheres of development. When you’re visualizing your data for mobile app development, you can expect the following:

  • Better feedback from users
  • Better understanding by sponsors and users
  • More optimized app design
  • Highlighted app issues
  • Faster reaction and patching time
  • Data interaction
  • AI and AR optimization
  • Garner even more data

Data visualization is integral to a proper development cycle, as it works to connect the users, developers, managers, and sponsors through a simple, understandable, and streamlined medium.

Data Visualization During The Apps Lifecycle

A developer’s job is never actually complete. Smartphone applications are disputably a form of art and require constant management, upgrades, and updates. If you want your app to be a success, you’ll have to devote a lot of time to optimize it.

When an app is out, you’ll start receiving a lot of feedback from the users. Most of these comments are going to be positive, as long as you’ve performed proper testing before releasing your app – but some will be criticism.

Some criticism isn’t based on anything, just a salty user venting their frustration, and might provide redundant data. Collecting all the feedback that you receive from your user base takes a while and refining that data will make all the redundancies out.

When the data is viable, you again have to present it. By showing your feedback data in visual form, you get a better picture of the changes that need to be made.

As a manager, this will allow you to better converse with your administrators, developers, and sponsors to fix, improve, or otherwise convey your app better to the general public. Through data visualization, your app will gain an edge over the competition, as your reaction time decreases significantly.

Different people understand different things differently. Visualizing your data makes it easier to digest for most people, which will, in turn, yield the results far quicker and more accurate. If a developer or administrator would like the raw numbers, you can always provide them.

Ground Rules for Data Visualization in Mobile App Development

There are a couple of ground rules that you need to take into account when you’re looking to visualize all of the data associated with your mobile app. We’ve made a brief checklist to ensure that your data visualization ventures are as streamlined as possible.

Data Refinement

When you’re collecting any large pool of data, you’ll want to refine it as much as possible. The first data collected is always raw data, which isn’t of much use to anyone due to situational data, redundancies, and faux data.

Keep It Simple

When presenting your data, make it as simple as possible. The whole point of your data visualization venture is to ensure that it’s digestible, easy to understand, and intelligible. Making your presentation simple will help you convey your point more precisely.

Regard Different Platforms

When you’re developing a mobile application, you need to take your users’ phones into account. Phones come in all shapes and sizes, and mobile apps run on watches, tablets, and many other appliances. Take them into consideration when working with your data.

Reckon Feedback

Not all feedback will be accurate or usable, but you’ll still have to regard it. Don’t take any piece of data as a redundancy unless you’re sure that it is.

Conduct Proper Action

After presenting your data, you’ll have to take action. Take into account all the feedback and use your data visualization to make informed business decisions. Data visualization will also aid you in setting your priorities.

In Conclusion

There is nothing quite as important as proper data visualization when it comes to mobile app development. Adequate data visualization gives you all the necessary information you need to keep your app running smoothly.

It also has an immense application in user interactivity, app management, and sponsors – so make sure to visualize your data correctly.

Source: http://blog.ionixxtech.com/data-visualization-in-mobile-app-development/

Blockchain

Kraken Daily Market Report for February 24 2021

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Overview


  • Total spot trading volume at $2.43 billion, up 18% from the 30-day average of $2.06 billion.
  • Total futures notional at $742.6 million.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Polkadot.
  • Strong returns from Augur (+22%), Icon (+20%), Lisk (18%), and Compound (18%).

February 24, 2021 
 $2.43B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$50855. 
↑4.0% 
$927.5M
ETH 
$1694.5 
↑7.3% 
$442.0M
USDT 
$1.0009 
↑0.06% 
$308.7M
ADA 
$1.0666 
↑11% 
$140.5M
DOT 
$36.359 
↑5.2% 
$112.8M
USDC 
$1.0002 
↑0.01% 
$58.0M
XDG 
$0.0552 
↑16% 
$46.8M
XRP 
$0.4888 
↑2.7% 
$45.1M
LTC 
$187.16 
↑5.4% 
$44.2M
LINK 
$28.266 
↑8.8% 
$43.1M
BCH 
$546.64 
↑5.9% 
$19.9M
ATOM 
$20.971 
↑4.1% 
$17.4M
XLM 
$0.4278 
↑11% 
$17.0M
FLOW 
$22.203 
↑3.6% 
$14.8M
UNI 
$26.741 
↑7.6% 
$13.7M
GRT 
$1.9695 
↑16% 
$13.2M
AAVE 
$398.38 
↑9.2% 
$9.83M
ALGO 
$1.1312 
↑12% 
$9.67M
KSM 
$259.95 
↑8.0% 
$9.22M
XMR 
$218.18 
↓1.3% 
$9.14M
DASH 
$253.84 
↑9.8% 
$8.88M
EOS 
$4.0463 
↑5.0% 
$8.57M
XTZ 
$3.8502 
↑8.5% 
$8.23M
TRX 
$0.0492 
↑9.5% 
$4.84M
DAI 
$1.0012 
↓0.01% 
$4.78M
ICX 
$1.7515 
↑20% 
$4.63M
QTUM 
$5.5107 
↑7.1% 
$4.55M
SNX 
$20.534 
↑13% 
$4.44M
OMG 
$5.0897 
↑8.7% 
$4.29M
BAT 
$0.5229 
↑9.5% 
$4.29M
SC 
$0.0113 
↑3.3% 
$3.78M
WAVES 
$10.304 
↑10% 
$3.76M
NANO 
$6.0203 
↑16% 
$3.59M
YFI 
$36385. 
↑8.8% 
$3.55M
ZEC 
$131.65 
↑3.6% 
$3.33M
FIL 
$37.762 
↑6.3% 
$3.21M
COMP 
$452.55 
↑18% 
$2.38M
OXT 
$0.5371 
↑8.4% 
$2.12M
ETC 
$12.339 
↑8.4% 
$2.07M
LSK 
$3.1380 
↑18% 
$1.93M
KAVA 
$3.7965 
↑17% 
$1.57M
MANA 
$0.2622 
↑13% 
$1.53M
REP 
$35.637 
↑22% 
$1.49M
CRV 
$2.2995 
↑7.7% 
$1.45M
KNC 
$1.7123 
↑6.8% 
$982K
MLN 
$41.951 
↑12% 
$834K
PAXG 
$1804.9 
↓0.2% 
$778K
KEEP 
$0.3739 
↑10% 
$710K
STORJ 
$0.6370 
↑12% 
$670K
ANT 
$4.7319 
↑10.0% 
$576K
BAL 
$40.659 
↑16% 
$568K
GNO 
$141.23 
↑11% 
$508K
REPV2 
$26.630 
↑8.9% 
$274K
TBTC 
$54060. 
↑9.8% 
$244K


#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (February 24 2021)

Figure 2: Mid-size trading assets: (measured in USD) (February 24 2021)

Figure 3: Smallest trading assets: (measured in USD) (February 24 2021)


#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (February 24 2021)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (February 24 2021)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (February 24 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (February 24 2021)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

Source: https://blog.kraken.com/post/8041/kraken-daily-market-report-for-february-24-2021/

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Blockchain

India’s largest crypto exchange adopts decentralized Unstoppable Domains

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India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs.

Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected to reduce remittance costs and simplify the transaction process for the exchange’s 1.2 million users.

Unstoppable Domains turns crypto addresses into decentralized websites on the Ethereum and Zilliqa blockchains. Instead of sending coins to a 42-character blockchain address, Unstoppable Domains allows users to create simple URLs ending in “.crypto” and “.zil” extensions. Domain names need only be purchased once, and then exist forever on the blockchain without requiring any renewal or maintenance fees.

The decentralized aspect of Unstoppable Domains should be of particular interest to Indian crypto users, especially amid the furor created by the Finance Ministry’s decision to ban the use of Bitcoin (BTC) and other cryptocurrencies.

Pushback against the country’s plan to outlaw cryptocurrency has emerged on social media in the form of the #IndiaWantsBitcoin campaign. Despite regulatory uncertainty, the co-founder and CEO of Unocoin, Sathvik Vishwanath, sees the adoption of Unstoppable Domains as being in line with the maturation of the crypto industry in India. Vishwanath said:

“The cryptocurrency space is maturing. In line with the growth of the industry, Unocoin aims to offer its users the best possible experience. Integrating the .crypto domain is a significant step not only for Unocoin users, but also for additional exchanges in the country exploring simpler and more user-friendly options for their users.”

Unstoppable Domains co-founder Brad Kam referenced the reluctance of the Indian government to allow the spread of cryptocurrency within its borders:

“India’s population has been historically scorned from cryptocurrency. Unstoppable Domains is excited to deliver the seamless sending and receiving of cryptocurrency to Unocoin’s users. Our aim is to simplify cryptocurrency addresses, and establish human readable names as the domain standard across wallets and exchanges.”

On Wednesday, Reserve Bank of India Governor Shaktikanta Das reiterated the central bank’s intention to create its own centrally issued currency, the digital rupee. This follows a common trend that has emerged in recent years as national governments attempt to reign-in the spread of decentralized cryptocurrencies and replace them with digital versions of existing fiat currencies.

As reported by Cointelegraph, Unstoppable Domains was recently integrated into Cloudflare’s Distributed Web Resolver, meaning any web browser can now access the .crypto URL extensions.

A spokesperson for Unstoppable Domains confirmed to Cointelegraph that even if Unocoin were to be shut down in the near future, the addresses and URLs created through the platform would remain unaffected.

Source: https://cointelegraph.com/news/india-s-largest-crypto-exchange-adopts-decentralized-unstoppable-domains

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Blockchain

DEX volumes have already surpassed $120b in 2021

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Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far.

According to Ethereum market analytics platform Dune Analytics, combined DEX volumes posted a new record of $63 billion in January. February’s volume currently sits at $59 billion and is on track to hit $67 billion at the month’s end.

DEXes have already processed more volume in the first two months of 2021 than during all previous years combined.

Monthly DEX volume: DuneAnalytics

The Ethereum-powered DEX sector is still dominated by Uniswap and Sushiswap, who account for 65% of February’s trade combined. Uniswap currently represents more than double Sushi’s volume, controlling almost 50% of DEX market share.

However, looking at the weekly number of active traders on each platform shows that Uniswap represents more than three-quarters of Ethereum DEX users. Over the last seven days, nearly 142,000 unique wallets traded on Uniswap, followed by decentralized exchange aggregator 1inch with roughly 18,450 traders, and SushiSwap with 8,911.

However, not all DEX trading activity is occurring on Etheruem, with Binance Chain’s Pancake Swap surging to report a daily trading volume behind of more than $1.1 billion.

Despite some users migrating away from Ethereum-based DEXes, confidence in the sector as a whole is at an all-time high, with the total value locked in these exchanges sitting above $40 billion for the first time during recent weeks.

Source: https://cointelegraph.com/news/dex-volumes-have-already-surpassed-120b-in-2021

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