Artificial Intelligence Category: Check Out the Latest Posts on – MobileCoderz https://mobilecoderz.com/blog/category/artificial-intelligence/ Mon, 24 Jul 2023 05:47:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://mobilecoderz.com/blog/wp-content/uploads/2022/12/favicon.png Artificial Intelligence Category: Check Out the Latest Posts on – MobileCoderz https://mobilecoderz.com/blog/category/artificial-intelligence/ 32 32 7 Best Artificial Intelligence Software Development Tools in 2023 https://mobilecoderz.com/blog/7-best-artificial-intelligence-software-development-tools/ https://mobilecoderz.com/blog/7-best-artificial-intelligence-software-development-tools/#respond Wed, 07 Jun 2023 06:07:18 +0000 https://mobilecoderz.com/blog/?p=10752 Artificial Intelligence is no more a fantasy, it’s the utter reality of the modern world. Businesses leverage Artificial Intelligence (AI) in multiple ways to streamline their processes, implement automation, and make better decisions through data analysis. The use of artificial intelligence is rising at a never-ending speed. Indeed, the annual growth of AI is expected […]

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Artificial Intelligence is no more a fantasy, it’s the utter reality of the modern world. Businesses leverage Artificial Intelligence (AI) in multiple ways to streamline their processes, implement automation, and make better decisions through data analysis.

The use of artificial intelligence is rising at a never-ending speed. Indeed, the annual growth of AI is expected to be 37.3% from the year 2023 to the year 2030. These stats showcase the popularity of AI. 

Artificial Intelligence has also become prevalent in the software development industry with lots of use cases. While developers are leveraging AIs to expedite and automate many development processes, software with AI-driven techs is also increasing. 

There are lots of frameworks and platforms that developers use in software development with artificial intelligence. This blog shed light on some of the most popular AI tools to develop artificial intelligence software. 

The Role of AI in Developing Software for Businesses

Artificial Intelligence is one of the most innovative technologies today that is being used in many areas. Software development is not an exception to this transition and the role of AI in this field is increasing at a rapid pace. 

Artificial Intelligence and Machine Learning help businesses develop smart software solutions that add tons of advantages to their businesses. One of the most significant benefits of AI is automation. Businesses can utilize AI to automate their processes with AI-driven solutions. The best example of this is chatbots. 

Providing quick and satisfactory customer service is key to winning your customers. Chatbots help businesses offer a convenient method for their customers to address their issues swiftly and provide relevant information. 

Chatbots can interact with customers in a human-friendly way and they can do conversation just like real humans. Similarly, AI is used for data analysis. Analyzing the data to get important insights is crucial for decision-making in a business. AI-driven data analysis provides more accurate information to make predictions. 

Natural Language Processing (NLP) is another advantage of AI to process human languages and output results. There are lots of mobile apps that use NLP such as user assistant which includes Google Assistant, Cortana, and Siri. You can leverage the best mobile app development services to create the next-gen app with NLP. 

There are many trends with artificial intelligence that are setting new levels for businesses. 

Top Artificial Tools for Software Development

top-artificial-tools-for-software-development

1. TensorFlow

One of the most sought-after artificial intelligence software development libraries is TensorFlow. It is an open-source and free library for machine learning and AI projects. TensorFlow is developed by Google and has amazing features to develop AI applications.

As an end-to-end platform, TensorFlow makes building and deploying machine learning models a breeze. It offers plenty of AI tools for numerical computation used to make future predictions accurately. 

Advantages of TensorFlow 

  • It has the complete ecosystem to solve complex real-world problems with ML. 
  • The library offers abstraction to solve a myriad of problems easily. It offers a high-level Keras API to develop and train machine learning models easily.
  • You can get more flexibility with eager execution that offer easy debugging and instant iteration. 
  • With TensorFlow training and deploying machine learning models is easy regardless of the targeted platform and programming language.
  • You can use the TFX pipeline to implement ML models across multiple platforms.
  • TensorFlow Lite is designed to run on mobiles and edge devices.
  • It offers a set of add-on libraries like Tensor2Tensor, Ragged Tansors, BERT, etc. 

Top Companies Using TensorFlow

  • Coca Cola
  • Google
  • DeepMind
  • Intel
  • Twitter
  • Airbnb

2. Scikit Learn

The next prominent artificial intelligence software development tool is Scikit-Learn. It started as a Google Summer of Code project and later became available to the developer community. This is quite a useful project for creating solid software to generate predictive models and provide crucial insights based on deep analysis. 

It supports several supervised learning calculations including K-means, decision trees, bunching, direct and calculated relapses, etc. Scikit Learn is created upon Python libraries like SciPy and NumPy and matplotlib. It’s open source with a BSD license. 

Advantages of Scikit Learn

  • Scikit-Learn is more than sufficient for beginners in machine learning. This is because when they need extra support in creating more complex algorithms.
  • Many calculations are available out-of-the-box with Scikit-Learn like relapse, order, bunching, etc. They are enough for basic AI and data mining projects. 
  • It is accessible to every type of developer and can be used in different contexts. 

Top Companies Using Scitkit-Learn

  • Spotify
  • J.P.Morgan
  • Inria
  • Evernote
  • Change.org

3. BigML

BigML is another great machine-learning platform to develop smart software and applications. This artificial intelligence tool makes building machine-learning models simple and quick. It provides lots of algorithms to solve problems. 

With BigML, you can solve many problems for your company with a single and standardized framework. This platform helps you avoid maintenance costs, complexity, and technical debt as there is no dependency on various libraries. 

Advantages of BigML

  • BigML is suitable for creating predictive analysis applications for various industries like energy, automotive, transportation, pharmaceuticals, IoT, healthcare, and more. 
  • It supports supervised and unsupervised learning algorithms like topic modeling, linear regressions, deep nets, cluster analysis, Principal Component Analysis, and more. 
  • BigML provides instant access to machine learning for on-premises systems or in the cloud. They can be accessed via REST API and web interface. 
  • The platform makes the interpretation of predictive models easy by providing data in a visual format. 
  • It allows the export of models in JSON PML format. 
  • It can be used with various programming languages. 
  • This platform is useful to make a fusion of artificial intelligence and mobile applications
  • Effective automation tools and deplorable on multiple platforms.

Top Companies Using BigML

  • Pfizer
  • Avast
  • Faraday
  • Clairo
  • Mazda

4. PyTorch

It is one of the greatest machine learning frameworks to build AI software for your business. PyTorch is based on the Python programming language and is widely used to create predictive machine learning models and other types of solutions for making critical decisions. 

PyTorch offers flexible and quick experimentation and quick production with an extensive ecosystem of tools and libraries. Besides this, it offers distributed training and an intuitive front end. Installing is very easy with a pip command or installer. You can hire an artificial intelligence software developer to leverage this framework for creating robust AI solutions for your business. 

Advantages of using PyTorch

  • Two execution modes are supported with PyTorch: Graph mode and Eager mode. 
  • It provides more flexibility in eager mode with TorchScript.
  • It easily transitions to graphs in C++ runtime environment providing enhanced speed and optimization. 
  • With the TorchServe tool, PyTorch becomes more scalable. The tool can work in any environment or the cloud and offers features like metrics, multi-model serving, creation of RESTful endpoints, and more. 
  • It also offers APIs for the integration of machine learning into mobile applications. 

Top Companies Using PyTorch

  • Amazon Advertising
  • Salesforce
  • Stanford University

5. H2O.ai

This is an open-source machine learning platform specifically designed to meet the requirements of enterprises. H2O supports popular machine learning and statistical algorithms such as deep learning, gradient-boosted machines, and generalized linear models. 

H2O can be set up with existing big data infrastructure. Alternatively, you can use it on Kubernetes Clusters, Yarn, Spark, and Hadoop for data mining. This platform is capable of fetching data directly from Azure Data Lake, Spark, HDFS, S3, and other sources of data. 

This is one of the best and most comprehensive platforms that you can utilize for artificial intelligence software development. 

Advantages of using H2O

  • H2O has created machine learning algorithms to work with distributed computing. These algorithms like Random Forest, XGBoost, Word2Vec, GBM, etc, are also provided for supervised and unsupervised learning methods.
  • You can create ML models in graphical or coding methods. It allows you to build models using any programming language including R and Python. Its interactive graphical interface lets you build models without coding.  
  • AutoML automates ML workflows including training and tuning of models. 
  • It encompasses distributed in-memory for storing and processing large amounts of data. 
  • Models are easy to deploy with POJO and MOJO models. 

Top companies using H2O.ai

  • AT&T
  • IFFCO Tokio
  • AES
  • USCF Health
  • Commonwealth Bank

6. Keras

Keras boasts to be a human-friendly machine-learning framework that follows a minimalistic approach to development. It reduces the burden on the developers by following the best practices that reduce cognitive load. Hence, it offers a simple and consistent API. 

It provides error messages that are clear and actionable along with eliminating unnecessary user actions in common use cases. With great documentation and a guide, understanding Keras becomes easy and convenient. 

Advantages of using Keras

  • Keras offers an unparalleled benefit to developers in artificial intelligence software development. 
  • It focuses on the speed of debugging code, maintainability, deployment, and conciseness of code. 
  • The codebase is lightweight, easy to iterate, and readable with Keras. 
  • Autograph optimization and XLA compilation make your models run at a faster speed.
  • Models can be easily deployed on a mobile, server, web, or any other platform.
  • It is built on TensorFlow and is compatible with various TPUs and CPUs. 
  • With the mobile app development service, you can deploy Keras on Android and iOS devices. 
  • As Keras is associated with the TensorFlow ecosystem, it works with every phase of the machine-learning workflow whether data management, deployment, or anything else. 

Top companies using Keras

  • NASA
  • CERN
  • NIH

7. Microsoft Azure AI Platform

One of the top tech giants Microsoft offers a myriad of AI services that developers can use to create robust artificial intelligence software. With Microsoft Azure AI, you can create innovative AI solutions for your business with its flexibility and responsible Artificial Intelligence practices. This platform offers various AI models related to language, vision, decision-making, and speech via API calls. 

Developers can create AI applications using Jupyter Notebook and Visual Studio Code. You can use this platform with other frameworks like PyTorch and TensorFlow to build AI-driven applications.

Advantages of using Azure AI

  • It allows developers to build custom artificial intelligence models. 
  • Azure AI can be integrated with tools like GitHub and Visual Studio.
  • It is a scalable platform to develop and deploy AI solutions.
  • There are tools for cognitive service, deep learning, and ML. 

Top companies using 

  • Gartner
  • GIGAOM
  • FORRESTER
  • IDC
  • MEDIA

To Summarize

Businesses need efficient tools and platforms to build AI applications. Artificial Intelligence is taking its grip on every sphere of human life. Therefore, investments in AI software development are rising. We have discussed the top tools to develop AI software in this blog that you can use in your project. 

If you are planning to develop an AI-based mobile application or software, MobileCoderz is a reliable partner. We are a leading artificial intelligence software development company to help you build secure, scalable, and cutting-edge solutions. We have a team of experienced and professional AI engineers.

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How Will AI Take Forward Mobile App Development In 2023? https://mobilecoderz.com/blog/how-will-ai-take-forward-mobile-app-development/ https://mobilecoderz.com/blog/how-will-ai-take-forward-mobile-app-development/#respond Fri, 21 Apr 2023 12:17:19 +0000 https://mobilecoderz.com/blog/?p=10570 The demand for mobile app development services is rising in today’s changing digital world. Artificial Intelligence (AI) is revolutionizing the development of mobile applications in today’s world. The global AI market value will reach $267 billion by 2027. AI has already enabled companies to become more productive and efficient by 2023. By leveraging AI, mobile […]

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The demand for mobile app development services is rising in today’s changing digital world. Artificial Intelligence (AI) is revolutionizing the development of mobile applications in today’s world.

The global AI market value will reach $267 billion by 2027. AI has already enabled companies to become more productive and efficient by 2023.

By leveraging AI, mobile app developers can create more personalized user experiences and gain valuable insights into customer behavior. AI can also reduce mobile app development costs, improve app performance and scalability, and enable businesses to understand user needs and preferences better.

This article is all about how AI will take mobile app development forward in 2023.

The Impact of AI on Mobile Apps

AI is becoming a crucial part of mobile app development, and its potential is growing as technology advances. Here listed some points to show how AI has a great impact on Mobile Apps:

  • AI has revolutionized how mobile app development companies create apps for their clients, allowing them to create high-quality applications at a fraction of the cost and time.
  • AI-powered tools have allowed developers to create unique experiences tailored to each user’s needs, making it easy to personalize apps.
  • Artificial technology is helping developers automate manual processes and tasks associated with creating an app. This could include automating software testing, which can help reduce the cost and time associated with manual testing.
  • AI can also analyze user behavior and preferences, allowing developers to create better experiences and features that users want.
  • Developers can use AI to create predictive models, enabling them to develop features and services based on customer data. These features and services can give users a personalized experience, increasing engagement and loyalty.
  • AI enables the creation of natural language processing algorithms that improve the accuracy of user input understanding in apps. It can improve the accuracy of text search and voice commands, making it easier for users to find what they need.
  • AI can generate user recommendations based on their past interactions with the app. By leveraging AI-based recommendations, developers can ensure that users get the most out of their experience with the app.

Advantages of AI for Mobile App Developers

Artificial intelligence (AI) in mobile app development is becoming important. 35% of companies are using AI and 42% of companies are exploring AI for its implementation in the future.

Advantages of AI for Mobile App Developers

1. Innovation

AI technology empowers mobile app developers to create advanced and inventive applications, while also automating many of the tedious tasks involved in development.

This reduces the time it takes to develop a mobile app, which can reduce the development cost for a top mobile app development company. AI also allows for more targeted and personalized user experiences, resulting in higher engagement and satisfaction levels.

2. Intuitive User Interfaces

The best mobile app development companies use AI technologies such as natural language processing (NLP) to create more intuitive user interfaces.

Using NLP, developers can create mobile applications that understand user input in natural language and provide tailored responses.

This makes it easier for users to find what they want without navigating through complex menus or search options. AI-powered chatbots are also becoming popular, allowing users to interact with an app while eliminating the need for customer service reps.

3. Usage of Machine learning Algorithms

AI also enables developers to create more sophisticated mobile applications by using machine learning algorithms. These algorithms allow the application to “learn” from the data it collects and adapt , resulting in an ever-evolving and self-improving app experience.

With these capabilities, a top mobile app development company can create more responsive applications to user behavior and preferences, resulting in more user engagement and satisfaction.

4. Performance optimization

AI is being used to optimize the performance of mobile apps. By using AI-driven analytics tools, developers can identify performance bottlenecks and take steps to improve the performance of their apps. This can lead to a better user experience and a reduced mobile app development cost.

5. Speed and Accuracy

AI technologies enable developers to create smarter applications that can handle complex tasks faster and more . This is especially useful for apps that analyze large amounts of data to make decisions or provide insights.

A mobile app development company can also leverage the power of AI to create intelligent agents that can recommend products or services to users based on their usage patterns.

Mobile App Development Trends 2023

In the ever-evolving world of mobile app development, new trends are emerging. This can make it difficult for hire mobile app developers to stay on top of the latest developments and to know what will be the most effective when creating an app. In this section, we will look at some of the latest trends in mobile app development that are helping to drive innovation and success.

1. Increased use of AI by top mobile app development companies

According to Salesforce, 23% of customer service companies are currently using AI, thus showing the impact of AI in creating job opportunities. Such companies offer a wide range of services and have expertise in various areas such as design, development, and deployment.

Many of these companies now offer mobile app development services at a lower cost than ever before. This makes it easier for businesses to create an app without breaking the bank.

2. The increasing popularity of cloud-based mobile app development platforms

These platforms allow developers to build apps and use existing technology. This makes the process of creating an app much more cost-effective, as well as providing a much smoother user experience.

3. Increasing demand for custom mobile apps

Custom mobile app development is becoming more popular with more businesses looking to create a unique customer experience. This means that businesses need to find the best mobile app development company to create their app, as many different options are now available.

4. Usage of AI and machine learning in mobile app development:

According to a report, 63% of companies surveyed plan to increase or maintain AI and machine learning spending in 2023. AI and machine learning can create powerful and sophisticated apps with increased functionality and adapt to changing user preferences over time.

These four trends show how important it is for mobile app developers to keep up with the latest advancements in technology and user behavior to create successful and innovative apps.

Should Startups and SME Invest in Mobile App Development In 2023?

As we move into 2023, Artificial Intelligence (AI) is set to have a major impact on mobile app development. As per a survey, approximately 4 in 10 mobile app development companies have plans to use AI in their business processes.

Should Startups and SME Invest in Mobile App Development In 2023

Here listed some reasons why new start-ups and small-level businesses invest in mobile app development:

1. Personalized User Experience

AI technologies offer a wide range of benefits, from increasing the efficiency of mobile app development to creating more personalized user experiences. With this in mind, it’s clear that startups and small businesses should consider investing in AI-driven mobile app development to stay ahead of the competition.

2. Reasonable Cost

AI technology is becoming more affordable than ever before. Most top mobile app development companies now offer AI-driven services at lower prices than traditional methods. Additionally, you can save money by choosing a top mobile app development company for your project. Many of these companies provide custom solutions tailored to your needs and budget.

3. Increased User Experience

Developers design AI-driven apps to offer a better user experience and improved efficiency compared to traditional apps. This could lead to higher customer retention rates, increased engagement, and better ROI. Additionally, AI-driven apps collect user data which can help startups and small businesses gain valuable insights into their target markets.

4. Fast and Efficient

AI technologies are also helping to make mobile app development easier and more efficient. Thanks to advancements in machine learning and natural language processing, developers can create complex algorithms without writing complex code. This implies that startups and small businesses can launch their apps earlier and get to market faster by completing projects faster and with fewer resources, thanks to AI.

5. Competitive Market

AI technologies are transforming the way mobile apps are developing. This makes it a great opportunity for startups and small businesses who want to stay ahead of the competition in 2023. With the top mobile app development company, they can leverage the latest AI technologies to create innovative, efficient apps that provide better user experiences and more insight into their target markets.

The Future of AI in Mobile App Development

As the world progresses, artificial intelligence (AI) will play an even more integral role in developing mobile applications. By 2025, the AI space is forecast to reach $126 billion in annual revenue.

AI will revolutionize the mobile app development industry. AI-driven mobile app development has several advantages for app developers, including enhanced user experience, greater efficiency, and improved cost savings.

In 2023, we expect to see AI playing an even bigger role in mobile app development. A best mobile app development company can leverage AI-driven automation and machine learning algorithms to create more powerful and feature-rich applications. AI can reduce the cost of mobile app development services and improve customer experience by providing personalized recommendations and insights.

By leveraging AI-driven mobile app development, developers can create more sophisticated applications faster and at a lower mobile app development cost. As more companies embrace AI-driven mobile app development, we will likely see even more innovative applications that offer users an enhanced experience.

Conclusion

The future of mobile app development is promising. AI technology has already revolutionized the industry and will continue over the next few years. AI-driven mobile apps will be ubiquitous and offer new levels of convenience for users. Mobile app development companies that invest in AI technology will now be ahead of the curve when it comes to developing innovative and successful mobile apps.

At Mobilecoderz, we are proud to be one of the industry’s best mobile app development companies. Our team of experts provides comprehensive mobile app development services to help our clients create innovative applications powered by AI technology.

We’re dedicated to providing world-class customer service and high-quality products to ensure complete satisfaction. Contact us today to get the best quote from our mobile app development company and see how we can help you reach your business goals with our cutting-edge mobile app development services.

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How AI In Blockchain Can Improve Your Business Solutions https://mobilecoderz.com/blog/ai-in-blockchain/ https://mobilecoderz.com/blog/ai-in-blockchain/#respond Sat, 20 Aug 2022 06:15:02 +0000 https://mobilecoderz.com/blog/?p=9073 Have you ever thought of using AI in blockchain to enhance your business? If not then probably you are ignoring a powerful combination. Blockchain and AI are the two advanced technologies that have the potential to transform your business on a large scale. Blockchain is decentralized and distributed ledger technology that records information in blocks. […]

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Have you ever thought of using AI in blockchain to enhance your business?

If not then probably you are ignoring a powerful combination.

Blockchain and AI are the two advanced technologies that have the potential to transform your business on a large scale. Blockchain is decentralized and distributed ledger technology that records information in blocks. AI or artificial intelligence leverages computation programming and data to enable a system to perform complex work combined with human and computer abilities. 

And when AI is used in blockchain, the capability of blockchain technology gets enhanced. Many blockchain development projects like IPwe, Numerai, SingularityNET, Matrix AI have used AI. By integrating AI in their blockchain development they have witnessed impressive results.

So if you are planning to implement blockchain technology to build business solutions. Then, you should know how using AI in blockchain can help you improve your business.

In this blog, we will explore and discuss what are the benefits of integrating AI and blockchain.

Understanding Blockchain and AI

Blockchain is a decentralized and immutable distributed ledger technology. It provides secure, transparent, shared, and immediate exchange of encrypted data across the blockchain network to several parties.

A blockchain-based application or software tracks data, orders, payments, accounts, transactions, production, and much more. Blockchain allows only permissioned members or parties to share a single network. So, it enables them to build trust and security in their data exchange or transactions.

Artificial intelligence (AI) is a computational system. It combines the power of computers, data processing, machine learning, and deep learning to build advanced scale solutions. AI leverages the computer and human intelligence to create a mimic or simulation of human-like capability in an application or software.

Top Blockchain development company uses AI in building custom blockchain-based software, web and mobile applications that require automation capability. And therefore, businesses are using this great combination in various industrial use cases. So, 

What is the link between Blockchain and AI?

Well, blockchain is a decentralized technology that stores information in blocks across a defined network. On the contrary, artificial intelligence is a centralized technology whose functioning is completely different from blockchain.

So you might find it difficult to understand how AI can be used in blockchain.

Well, it’s true. Integrating artificial intelligence into blockchain is indeed a complex process. It requires great programming and appropriate integration of both technologies to build perfect solutions.

Blockchain works as a distributed ledger network. It records data in the form of blocks that have unique encrypted values. A blockchain application allows transactions when each block verifies the data. Thus, a chain of connected peer-to-peer networks is created. As a result, it prevents data from external or unauthorized manipulation.

AI leverages the ability of different computational technologies to simulate the mixed ability of human and computer intelligence. Hence, AI here can assist blockchain in enhancing the ability and data processing of transactions. By using AI in blockchain businesses can improve the power of their applications with the following benefits

  • Enhancing business data models
  • Building smarter decentralized finance 
  • Globalized verification systems
  • Accurate adults and robust compliance systems
  • Data monetization
  • Data protection
  • Building large-size data sets
  • Intelligent computing power
  • Secured digital intellectual property rights
  • Advanced predictive analysis

Real-life examples of AI in blockchain

  1. Botchain– A blockchain and AI-powered system that help developers leverage the power of AI solutions. 
  2. Matrix AI A renowned blockchain and AI-based application that is used for auto-coding, dynamic delegation networks, and more. 
  3. SingularityNET A full-stack AI-based decentralized protocol that helps companies leverage AI features. 
  4. Numerai An AI-based cryptocurrency project that solves critical data science problems.
  5. FINALIZE a fintech software that utilizes blockchain and AI to build fintech applications. 
  6. BLACKBOX AI It allows developers to build business solutions using AI and blockchain. 

How AI can enhance the ability of Blockchain Solutions?

AI and blockchain are two different technologies that have unique abilities. Artificial intelligence is dynamic and enables a system to work with automated capability. And when it is integrated with blockchain it enhances the ability of blockchain solutions. Let’s take a look at how AI helps you improve your blockchain-based business solutions.

<img src="How-AI-enhance-the-ability-of-blockchain-solutions.jpg" alt="How AI enhance the ability of blockchain solutions?">

1. Improve data encryption

AI can assist blockchain in enhancing the ability of encryption. Artificial intelligence enables a system to utilize high-end computation programming. Many software development companies have used AI in creating high-standard encryption algorithms for the use of AI in blockchain programming. This has helped them to build a robust web or mobile application with the combined power of AI and blockchain.

Some blockchain development companies are now using top AI trends in 2022 to build complex blockchain applications that offer great security in data exchange and transactions. Some blockchain startups have implemented AI in making smart data processing algorithms with AI in their blockchain platforms.

2. Easy blockchain management

Blockchain applications are built with different algorithms and methodologies. It uses high-level programming languages and coding to implement blockchain-based functionality. As a result, it requires an effective mechanism to handle the application properly and efficiently.

In this case, AI enables blockchain developers to manage blockchain-based applications flawlessly and seamlessly. By using AI in blockchain, managing blockchain applications becomes easy. It is because AI enables the application to process the data at a faster rate and execute the commands quickly.

3. Make well-informed decision

Blockchain is known for providing great transparency. It allows the parties and stakeholders to make secure transactions. It is because blockchain uses multiple layers of data processing and security layers. Therefore, it helps blockchain owners to make well-informed decisions. And by using AI algorithms, the ability of blockchain applications can be improved to help the stakeholders make well-informed decisions.

Blockchain and AI can work effectively in this case. Blockchain developers can implement AI to utilize the datapoint-to-datapoint approach for making documenting decisions. In this way, AI can help blockchain application owners to make decisions based on transparent insights.

4. Strengthen data authenticity

Data security is the top feature of blockchain technology. It stores information in blocks and permits transactions after verifying each block. As a result, it helps in building trust and integrity in the blockchain application. But I here boost the capability of data authenticity of blockchain.

By implementing AI in blockchain, the application can store and process highly sensitive information in high-level encrypted form automatically. It means businesses won’t need to hire blockchain developers separately to build custom functionality for data authenticity.

5. Improve efficiency

Blockchain requires mining processes in various cryptocurrencies which consume plenty of time and slow down the speed of processing. AI here can assist optimize the calculation to decrease the minder load. As a result, it lowers the network latency making faster transactions. AI also helps blockchain to decrease the carbon footprint of blockchain technology. In this way, AI empowers blockchain technology to improve efficiency. 

Use of AI in Blockchain for different industries

<img src="Use-of-AI-in-Blockchain-for-different-industries.png" alt="Use of AI in Blockchain for different industries">

a. Healthcare

Artificial intelligence and blockchain can help the healthcare industry in improving the healthcare management system. With the implementation of AI in blockchain, the healthcare sector can create a highly secured and efficient EHR (electronic health record) system to store patient data.

They can also develop an automated application combined with AI and blockchain to understand the patterns and insights from large size patient data. Healthcare startups can utilize the ability of AI and blockchain to build innovative healthcare app development solutions.

b. Fintech

Fintech or financial technology is a hot emerging sector. It uses many different technologies to build software and digital solutions for banking and financial services. AI and blockchain here can assist the fintech industry in various cases. Banks and financial companies can use artificial intelligence to enhance the speed of transactions and delivery of services. By using AI in blockchain businesses can develop effective Defi and Cefi solutions.

They can use the duo combination to remove friction from multiple party transactions and establish trust and transparency. Blockchain helps in building complex solutions and AI gives automation capability to the application. As a result, fintech companies can improve their efficiency and generate better ROI. Therefore we see why top fintech app development company now uses AI and blockchain in some of their fintech solutions.

c. Supply chain and logistics

Blockchain is widely used in supply chain and logistics management. It provides great features to quickly and efficiently manage the supply chain and logistics. With AI and blockchain, companies and businesses can upgrade their supply chain to the next level.

For instance, a manufacturing company can monitor its carbon emission footprint at the production level. This could help them save necessary resources at the earliest stage And thus, improve accuracy and efficiency.

d. Life sciences

The combination of artificial intelligence and blockchain could prove to be a boon in the pharmaceutical sector. By utilizing AI in blockchain technology organizations and companies can enhance the visibility and traceability of their drug supply chain.

Medical professionals can use blockchain and AI-based healthcare applications for clinical trials with advanced data analysis capability. AI and blockchain can help the medical and pharmaceutical sector to improve patient tracking, consent management, data integrity, and automation of trial participation.

To Conclude

AI and blockchain both are advanced and high-level technologies that offer unique features and benefits. Blockchain is best when it comes to building great security, transparency, and efficiency in the existing or new system. AI is best for bringing automation capability. And when they are combined together it becomes a powerful technology solution. 

By using AI in blockchain you can enhance the speed, efficiency, security, transparency, and problem-solving ability of your application. But since AI and blockchain, both are complex and advanced technologies. To ensure you build effective AI and blockchain-based solutions, find an expert company that is expert in integrating AI in their blockchain development services

Why Choose MobileCoderz For Blockchain Development?

MobileCoderz is the top blockchain development company. We have the industry’s most qualified and expert blockchain developers, software engineers, AI specialists, and ML programmers who can build high-performing solutions. We have delivered many projects related to blockchain-based software, web and mobile applications to various overseas startups and enterprises.

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How Can AI Help Startups Build a Futuristic Mobile App? https://mobilecoderz.com/blog/ai-in-mobile-app-development/ https://mobilecoderz.com/blog/ai-in-mobile-app-development/#respond Mon, 06 Jun 2022 07:46:49 +0000 https://mobilecoderz.com/blog/?p=8529 Businesses have started using artificial intelligence in mobile app development for creating powerful and great problem-solving mobile apps for consumers.  According to a report by Gartner, the number of companies that utilize artificial intelligence (AI) has increased by 270%. The report further suggests that the usage of AI across different industries will make $2.9 trillion […]

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Businesses have started using artificial intelligence in mobile app development for creating powerful and great problem-solving mobile apps for consumers. 

According to a report by Gartner, the number of companies that utilize artificial intelligence (AI) has increased by 270%. The report further suggests that the usage of AI across different industries will make $2.9 trillion in business value and 6.2 billion hours of worker productivity. 

This figure may sound lucrative for startups that want to develop a highly-profitable mobile app solution using the latest technology. AI comes with high-level capabilities that allow you to build a feature-rich and effective problem-solving mobile app. 

If you want to create an effective mobile app for the future,  in this blog, we will explain to you how AI can help startups build a futuristic mobile app. 

So let us dive into

But before we start, lets us first understand

Role of Artificial Intelligence in Mobile App Development

AI is a powerful technology. It has advanced capabilities to build a high-performing and feature-rich mobile application. AI enables mobile app developers to utilize various automated and complex functionalities in app development. From creating predictive analysis to product recommendation and bringing automation to enhancing personalization, AI plays a big role in mobile app development. Here is how

1. Creating Data-Driven User Journey Flows

AI empowers businesses to collect more real-time and accurate data about users. By implementing AI algorithms, the mobile app gets the ability to capture user behavior and their interests and preferences. This data further helps businesses and companies enhance user journeys and flows within the mobile application and makes them more intuitive and effective. 

2. Boost User Engagement and Retention Rate

User engagement plays a significant role in making a mobile app successful. When users feel interactive and meaningful with the app, they tend to keep using the app for a longer duration. AI allows you to build interactive and personalized features based on users’ interests. As a result, your app becomes more engaging to users. 

3. Understand User Behavior By App Analytics

Data is the key to decoding what ultimately users want from your app. AI allows you to simplify the pattern analysis and gather accurate and well-defined data to understand user behavior. This feature is highly beneficial for startups that want to improve the UX of their app and make a well-informed decision to provide better services. 

4. Personalization

AI gives better features for improving user experience through enhancing personalization. With AI, you can create customized or specific elements or functionalities that give a personalized experience to users.

5. Enhanced Mobile App Security

AI gives you more power to enhance the security of mobile apps. It allows you to create Face Recognition ID, Touch ID, Voice Recognition ID, and other security procedures to enable a secured log-in and log-out process. Top mobile app development company use artificial intelligence to create high-end security layers in their mobile applications like multi-layer login systems, end-to-end encryption, etc.

How AI Mobile App Development Helps Startups Build a Futuristic App

1. Create a Highly-Secure App Authentication

AI comes with advanced computing abilities and programming functionalities. It assists developers to build a robust system for enhancing mobile app security. With AI,  developers can create a strong user authentication process for log-in into the app such as log-in through Face ID, Touch ID, Voice ID, or other types of login providers.

Today, data security and user privacy is the topmost concern for users. Therefore, no businesses want to compromise the app security. Here, AI can help startups offer a highly-secure user authentication process that most mobile apps don’t have. In this way, startups can build trust among users and build trustworthy relationships.

2. Improved Communication Through Automated Reply

By using artificial intelligence in mobile app development, you can create an automated-reply functionality. You can enable communication between the user and mobile application through auto-response and replies given from a Chatbot or operating system itself. 

This feature is not so popular in current mobile apps. Hence, through this feature, startups can offer a new way of communication between the user and app and leave a unique UX experience. 

3. Reach Global Audience Through Real-Time Language Translation

AI can help startups increase the user base by enabling a real-time multilingual translation function in a mobile app. In the present digital age, businesses are dealing across different countries. So they need to communicate with them in their languages in real-time to increase the chance of sales conversions. 

For this, AI stands out as the perfect solution that can assist you to create real-time language translation functionality within the app. This feature will aid you in better communicating with global users and eventually increase leads and sales conversion for your business. 

4. Get More Visibility on Search Engines

Google is now giving more priority to voice-based searches to provide instant results to users. It means that if your mobile app is equipped with a voice or image-based solution, your in-app products will get more chances of getting listed in Google search results.


5. Increase Sales Through Recommendation Services

One of the top benefits of using artificial intelligence in mobile app development is it allows you to offer the right product recommendations to users. By implementing AI in mobile app development, you can collect data on user browsing history and buying patterns. And based on this, your app can automatically suggest products to visitors as per their interests and preference.

This feature is widely used in various industries like eCommerce apps, travel apps, entertainment apps, retail apps, real estate apps, fitness apps, and so on. Startups that want to make a business-oriented app can take better advantage of this AI ability. 

6. Read Customer Emotions

Emotion recognition is the exciting ability of AI technology. It enables you to read human emotions and accurately understand their needs and desires. By using artificial intelligence in mobile app development, you can create an AI-based functionality that captures human senses with their voice intonation and subtle speech signals.

It recognizes the facial expression of users while they are browsing the app and records their facial changing patterns. This data gives you more reliable and useful insights about the user or customer behavior. Hence, you can make appropriate changes and prviovide services as per their preference and interest.

7. Give a Human Touch with AI-powered Chatbots

Live chat facilities are already present in most mobile apps. But AI empowers you to offer a more personalized customer support experience. You can create an AI-powered Chatbot in your mobile application and offer live chat support to visitors with a human touch. This eliminates the need for a dedicated customer support team and provides real-time chat support to customers within your app. 

8. Take Advantage of Voice Search

Siri, Cortana, Alexa, and Google Assistant are the popular voice assistant mobile apps that people use in their day-to-day life activities. These voice assistant mobile apps have been developed with artificial intelligence. And the need for such mobile apps is increasing substantially. 

Modern consumers are looking for smart voice assistant apps that provide them with quick search results. Google also gives top priority to voice-based search results. Startups here can take a competitive advantage by creating an intelligent voice assistant app using artificial intelligence. 

Famous Apps That Used AI and Got Huge Success

FaceApp – An image editing mobile app that uses AI to allow users to make changes to their faces

SeeingAI – This app uses an AI-based function and narrates about the surroundings to visually challenged people.

Hopper – An AI-powered mobile app that gives the best recommendation for hotels, flights, and car rentals to help travelers save cost

Tinder – It is a famous dating app that uses AI algorithms for profile matching

Pager – This is a healthcare mobile application that analyzes healthcare data and gives periodic health recommendations using artificial intelligence.

How much does it Cost to Develop an AI app?

The cost of developing an AI app depends on various factors such as 

  1. Type of AI app do you want to build?
  2. Type of AI functionality do you want to enable in your app?
  3. OS platform is either Android or iOS?
  4. The number of features?
  5. What is the location of the mobile app development company?

However, there is a general formula to estimate the cost of mobile app development- number of developing hours x per hour rate.

Here at MobileCoderz, the cost of developing an AI-powered mobile app is between $40,000-$80,000

How MobileCoderz Can Help You Build a Powerful AI App?

Artificial intelligence is the future of mobile app development. It allows you to create innovative and next-gen features which are generally not possible with the current app development technologies. 

Hence, startups can take a lot of competitive advantage by using AI in mobile app development. They can build a futuristic mobile app or digital product that has great potential to solve consumer problems. 

And MobileCoderz can help you in making this possible. We are a prominent mobile application development company that has expert AI specialists and ML programmers who can build you a custom and innovative mobile app for any business concept.

Just Schedule a Call & Speak with Our AI Experts Right Away

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Top 7 Artificial Intelligence Trends To Watch in 2022 https://mobilecoderz.com/blog/top-7-artificial-intelligence-trends/ https://mobilecoderz.com/blog/top-7-artificial-intelligence-trends/#respond Fri, 25 Feb 2022 08:19:15 +0000 https://mobilecoderz.com/blog/?p=7424 At present times, everyone has their tongues wrapped with AI, ML, Metaverse, VR, AR & what not!! This is the future of the tech world with immeasurable possibilities rising from Artificial Intelligence AI Trends in 2022, Metaverse in real estate, and much more. Going Beyond Human Intelligence, there is Artificial Intelligence but the irony is […]

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At present times, everyone has their tongues wrapped with AI, ML, Metaverse, VR, AR & what not!! This is the future of the tech world with immeasurable possibilities rising from Artificial Intelligence AI Trends in 2022, Metaverse in real estate, and much more. Going Beyond Human Intelligence, there is Artificial Intelligence but the irony is “AI is created by Humans.”

In the field of Artificial Intelligence, 2022 is going to be the year that it extends its roots in almost every aspect of the business. AI will start to shift away from being disruptive as smart devices and services are anticipated to be an integral element of our lives, enhancing efficiency while also saving time.

One reason for the change is that AI isn’t just used by big corporations however, small and medium-sized businesses are also looking to utilize Machine Learning & Artificial Intelligence and will make it more readily available. Contrary to what many believe, AI will eliminate jobs. In 2022, we will see humans working alongside machines to improve their capabilities and capabilities.

In the last decade, AI has advanced from a buzzword to an industry-changing technology. This year, the technology will expand its reach and is expected to yield valuable results to numerous companies that have invested heavily in AI. Companies are expected to focus on the data-first strategy in their enterprise architecture that allows AI as well as ML to tackle issues and create fresh revenue streams.

Companies will increasingly be using AI to make their decisions. From determining which business leads they should pursue to predicting maintenance to improving customer satisfaction, Artificial Intelligence AI Trends in 2022 will play an important role in influencing business decision-making.

Artificial Intelligence AI: Rising High in 2021 

ai trends in 2022

The year 2021 was the one when the entire world emerged from a global pandemic that was not witnessed before. This led to the rise of new types of business problems. Businesses have responded by creating new AI-powered solutions and products to address these problems. According to Harvard Business Review, in 2021, 86 percent of respondents claimed that AI was an important “mainstream technology” within their organization.

Technologies & top artificial trends like Video Analytics IoT robot process automation, natural language generation virtual agents & more have changed the way in which they operate the business including customer interactions to labor management, to market entry.

Video analytics is one technology that has helped companies to grow and adapt in the face of changes through new solutions. AI-enabled surveillance by CCTV has changed the way we live our lives including home & personal security to the monitoring of patients’ motion tracking and facial recognition analytics and ensuring security and safety compliances. Retailers can make use of customer behavior information to help determine store design and staffing requirements.

Video analytics has moved from being solely concerned with video surveillance to playing a greater part in the world of AI. They can permit or block access to vehicles within their own parking garage by license plate recognition. Intelligent conveying, loading, and unloading times have evolved video analytics from being solely focused on video surveillance to an even more important part in the future trends of AI.

Now, we will go through the top AI trends in 2022.

Top Artificial Intelligence AI Trends in 2022

The goal of AI adoption is to increase the effectiveness of operations or the efficiency of operations. Here are some quick insights at the leading Artificial Intelligence AI Trends in 2022.

# Metaverse & AI Integration

Metaverse, also known as “the virtual universe,” has been a long-running idea that seeks to recreate the real world via the internet. The concept “Metaverse” is rooted in the book “Snow Crash”. While it was a part of a sci-fi book, the metaverse is on its way to becoming a reality. Companies like Meta (previously Facebook) and Microsoft have already come up with their versions of the metaverse and declared it as the future of the internet.

2022 is a time when top artificial trends in Artificial Intelligence and Machine Learning will be integrated into various technologies. This isn’t any different. AI as well as ML will play a major part in reproducing the elements of the real world much more precisely. The attributes like vision and speech will also be enhanced to make them more compatible with our virtual reality.

blockchain development

# IoT & AI Evolution

The age of IoT is poised to expand by 2022 with the future trends of AI. IoT devices can provide amazing user experiences since actions can be executed in real-time, based on information collected by IoT devices, with the aid of top artificial trends in Artificial Intelligence. 5G’s introduction will further enable IoT devices with the ability to be more intelligent & interactive. It will also speed up their performance since 5G is capable of transferring large amounts of information at a much faster speed.

AI and 5G together computing infrastructures will provide an advantage that lets automated processes run at an even larger scale, as well as providing high-performance and safety connectivity for AI applications. A variety of new use scenarios can be opened up, including factories, plant automation in the workplace, smart cities, homes, & offices driven by sensors.

# AI in Healthcare

AI used in healthcare employs NLP (Natural Language Processing) systems. Medical professionals utilize speech to organize & analyze the medical and clinical records of patients. Enhancing healthcare with the help of advanced technology has been the aim for many years. One of the latest advancements has enabled patients to have doctor consultations at home.

The Covid-19 pandemic led to an acute shortage of medical equipment as well as medical specialists and this is the point where AI is able to help. AI-enabled doctors and patients can communicate via distance and provide treatment remotely.

# The Invasion of AI & ML in Cybersecurity

As computers become more sophisticated, cybersecurity is an area that will gain increasing importance by 2022. It’s not a surprise that as technology improves, hackers develop new and more risky ways to take on organizations and individuals. The Internet is among the most well-known methods of initiating such attacks. In addition to security breaches and data theft, the risk of whole institutions crashing because of cyberattacks is always in the air.

It is good news, the top artificial trends in Artificial Intelligence & Machine Learning improved cybersecurity & is now available to enhance cyber security. Because AI and ML are dependent on their environment, AI-enabled measures are expected to improve data security within cyberspace. In the near future, businesses will employ sophisticated AI algorithms to identify and evaluate cyber-attacks, make directories of their own, and create measures to secure information from them.

# Hyper Automation Led AI

Hyper Automation will continue to be the primary factor behind digital transformation until 2022, with the intention of streamlining processes and increasing efficiency, effectiveness, precision, and more. By utilizing video analytics and manual monitoring, the process will become entirely automated. This will result in savings in cost, evaluating the efficiency of staff as well as determining whether or not the covid conformances are being adhered.

react native development

# Modeling Efficient Language

Another area of Artificial Intelligence Trends 2022 in which we could observe a significant increase in the use of machines is the modeling of language. What this means is the use of computers to talk to humans in the language humans comprehend. We are also considering changing human languages into code to run and execute applications.

An excellent example is the latest release of an application developed by Open AI titled GPT-3(1). It is claimed as the world’s most sophisticated model of language ever developed with 175 billion parameters made up of data points & variables. It has been reported that Open AI is already working on an upgrade to GPT-3 and the new model will be much more sophisticated and will be aptly dubbed GPT-4. GPT-4 is believed to contain approximately 100 trillion parameters which implies the GPT-4 could be up to 500 times more efficient than GPT-3.

# AI-Automated Vehicles

Another field of Artificial Intelligence Trends 2022 where AI could be the brains of a system would be automobiles, aircrafts, & even boats. These will enable companies to offer extraordinary travel experiences for consumers. Tesla is a prime example of an Artificial Intelligence-driven vehicle.

Furthermore, it ensures it is safe from accidents as the AI engine built into it can anticipate obstacles ahead and stop all road accidents of any kind. On average, 1.4 million drivers die from road accidents each year. Therefore, if we examine these horrifying figures in the light of AI, then AI plays a vital role in stopping this from occurring.

Tesla affirms that its vehicles in self-driving mode will be made in place in 2022. However, there’s very little chance of it being commercially accessible in 2022. We also anticipate the application of AI on ships in the upcoming launch of the Mayflower Autonomous Ship (MAS) that has an AI element from IBM. Thus, AI is a key component in creative thinking.

Final Thoughts

Artificial Intelligence is revolutionizing our lives with its constant trends in the marketplace. Certain AI trends in 2022 develop over time while other future trends of AI are creative. These trends are an integral element of our daily lives and make life simpler for us and the coming generations. If we look to 2022, it’s clear that we’ll require more AI-based tools to make our work flexible and efficient.

There will be an explosion of innovative technology in the coming years, and it will have an impact on individuals & companies. AI can be described as the next frontier and companies employing the latest technologies will prosper, get an increase in ROI & open up new opportunities for society.

To keep up with the Artificial Intelligence Trends 2022 & beyond, you can get in contact with MobileCoderz, an established Mobile App Development Company. With our team expertise, you can always be in line with the latest app developments. Think out of the box, share your idea with us and we will work together to pave our way towards success in the app development industry.

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eWallet App Development Cost, Benefits, Features And All https://mobilecoderz.com/blog/ewallet-app-development-cost-features-benefits/ https://mobilecoderz.com/blog/ewallet-app-development-cost-features-benefits/#comments Wed, 12 Jan 2022 09:11:02 +0000 https://mobilecoderz.com/blog/?p=4031 Today cash payments have become an old thing because the digital age is here. We have seen a huge transformation from old traditional purchasing methods to new digital payment methods. Nowadays, people prefer only cashless payments to make transactions safer, easier and faster. Hence, the payment methods have completely transformed into digital. Now people pay […]

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Today cash payments have become an old thing because the digital age is here. We have seen a huge transformation from old traditional purchasing methods to new digital payment methods. Nowadays, people prefer only cashless payments to make transactions safer, easier and faster. Hence, the payment methods have completely transformed into digital. Now people pay more through E-wallet apps like MobiKwik, Paytm, Phone Pe which are generating billions of revenues. And this is why the demand for eWallet App development is just increasing among new starts as well as leading enterprises. In this article, we’ll discuss the costs of E-wallet app development which depend on various factors like features, platform (iOS, Android or both) location, design, and more.

What is an E-wallet?

The phrase “E-wallet” means a digital wallet that holds online funds. These wallets are used in an exact way like online banking and users just have to add money first to their wallets before spending them. Alternatively, they can connect their bank accounts directly to their wallets.

When you use digital wallets, payments can be directly made via QR code scanning or inputting the phone number of the payees. This big technology has reduced the transaction processing times to just a few seconds, which helps users to become more productive while utilizing the app. These wallets include our financial information but these payment gateways are extremely secure. The information you input is encrypted and cannot be read by anyone.

Benefits of using E-wallets: Why More Businesses Are Investing in E-wallets?

More and more companies are now creating their own wallets like Google Pay, Amazon Pay, Google Pay, Apple Pay, and more. And they get profits from each transaction that the user does from their E-wallets. In turn, every company offers customers various lucrative offers that they can use with their wallets. 

The advantages of using an E-wallet are:

  • The E-wallet apps developers offer their customers a variety of incentives including money back, complimentary meals, shopping vouchers, and other services. This means that users get rewarded for making a lot of transactions using their wallets.
  • The wallet can be used to pay more than for groceries. They are also used to pay electricity bills, mobile phone recharge, booking cabs, flights, gas and what not!  
  • After purchasing/downloading these wallets, the buyer will be automatically given a monthly transaction record to allow users to track the money they have spent.
  • Once the user’s bank details have been uploaded to these E-wallet apps, users can pay conveniently and quickly. It’s much easier than using debit or credit cards.  
  • E-wallets are considered secure payment gateways because the information entered is secured and the customer can use biometric passwords and locks to offer extra security.  

Crucial Features of eWallet Mobile App That Decide The Costings

ewallet app features

here are two distinct panels that create an eWallet App, it’s the user and the admin panel. Each panel comes with its own set of beneficial features that improve the functionality of the app for both users and admins. To understand it better, we have categorized the crucial features of E-wallet apps into three categories:

  • User Preferences Features
  • Features for e Administrator Panel
  • Extra Features

Important Features of eWallet Mobile App from a User’s Perspective

  • User Registration
  • Linking Banking Account
  • Adding the Fund into Account
  • Fund Transfer 
  • Receive Fund
  • The eWallet Passbook
  • Sending Money to Bank
  • Recharge or Bill Payment
  • Paying for Insurance
  • Train and Flight Reservations
  • Grocery Shopping 
  • Discount and Promotional Offers
  • Ratings and Reviews
  • Order History
  • Choosing the Language
  • 24×7 Assistance
  • Refer a Friend
  • App Settings

Features for Admin Panel

The admin panel is also packed with essential features that allow the administrator to manage the functions of the app. Following are the admin panel’s essential features:

  • Profile Management
  • Intuitive Dashboard
  • Detailed Analytics
  • Make Deals and Discounts.
  • Support
  • Verification and Authorization
  • Real-time Analytics
  • Add and Block Users

Advanced Features of E-Wallet App 

advanced e-wallet app features

Besides these basic features, the E-wallet apps need some modern features that your mobile app developers must incorporate in your wallet.

  • Chatbot Integration
  • In-app Camera
  • One-Time Password
  • Push Notifications
  • Geo-location

Is E-Wallet Best For All Industries?

It is indeed suitable for all industries, however, there are certain industries dependent on E-wallets Apps. Let’s check them.

  • Online Shopping Industry

Due to the rapid growth of technology and the rise in the number of smartphone owners, the eCommerce industry is growing at an incredible rate. Everything from the smallest groceries to costly household necessities, all items are offered on the internet, hence, there is a lot of competition. So, companies have to pay attention to making E-wallet payments more simplified, easy, and smooth.

  • Booking Taxis, Cabs, and Flights

Gone are those days, when people had to request taxis and buses to take them to their location or wait in long queues to book tickets. Now, people can book a ticket with a few clicks. Be it any kind of journey, whether, via sea, trains, air, or other means of transportation, people can book and pay from E-wallet apps.

  • Food Delivery Industry

Food is among the essential elements of a person’s daily life. eWallet is making it easy to purchase food from your favorite restaurants to satisfy your cravings. Numerous food delivery apps such as Zomato, Swiggy, etc. have partnered with various payment platforms, which makes the payment process quicker and faster.

  • Basic Essentials like Medical Bills, Recharges, and Groceries

Be it recharging your TV or booking a gas cylinder, paying medical bills, or making payments for groceries, E-wallets handle everything. Today, every sector is linked to the E-wallet that making the method of payments easily accessible.

hire ewallet development company

Factors Influencing The eWallet App Development Cost

The cost of Developing an eWallet App depends on many factors and each factor is explained below in detail. 

#1. What Features You Add 

Features that you choose decide how costly your app will be. If you’re developing an app that is simple and has basic features, the cost of developing an eWallet app will be comparably less. But if you wish to add advanced features to your app, the price will definitely increase.

#2. Platform on which your E-wallet app will be Built

Before you develop an app, it is essential to confirm whether the app is designed for only one platform or for multiple platforms. The app development cost for the iOS app is considerably smaller than that of the Android. However, the E-wallet applications developed generally work on both platforms.

#3. E-wallet Developer’s Region

The eWallet app development cost depends on the location from where you will be hiring a developer. In certain regions, the cost of developing the E-wallet application is expensive, however, in other areas, it’s less expensive. According to some studies, the UK offers the most affordable mobile app developers.

#4. Technology your E-wallet App will Utilize

The eWallet app development cost will also depend on the tools you use to create an eWallet application. Each technology and platform comes with its own advantages and drawbacks. So, it is recommended to communicate with an eWallet development company to get the best mobile app development services.

#5. App Design

The focus here is on UX/UX elements that specify that the design must be easy to use as well as user-friendly. The UX/UX designer looks for engaging yet simple navigation and graphics to design the app.

#6. App Size

Your app size is the most crucial factor that influences the overall cost of developing the E-wallet application. If the app’s size is smaller, and it has few screens then the overall cost will also be less. But if your app has more screens and additional features, then it will cost you more.

#7. Team Size

A full team with designers, developers, app testers developers, business analysts, quality analysts, team leader project managers, is necessary to develop an application. Each member uses their expertise in their respective areas and takes fees by the hour and days it takes to finish the job.

e-wallet app services

So, What’s the Cost of Creating an E-wallet Mobile App?

The cost for creating the simplest E-wallet built on the Android platform ranges between $19,000 and $46,000. Adding additional features within the app could cost between $75,000 to $1,60,000. The app development cost on an “iOS” platform is between $25,000 and $55,000. And the advanced version can cost from $1,000,000 to $1,50,000.

Furthermore, the more customization you do in the app, the higher cost you will have to pay. Also, the simplicity and complexity of your app decide if your app will be costly or not.

Here in the below table, you can get the overall idea. 

 Features for Development Time (Hours Rate per Hour Country wise (In India) Final Development Cost (Approx) For Android Final Development Cost (Approx) For iOS
User Panel A Ax25-80$ $19,000- $46,000 $25,000- $55,000
Admin Panel B Bx25-80$ $19,000- $46,000 $25,000- $55,000
Advanced Features C Cx25-80$ $75,000- $1,60,000 $1,000,000 to $1,50,000

(A, B, C: the number of developing hours required)

Some Last Words

If you are looking to create an E-wallet mobile app, make sure you choose the best mobile app development services only. Conduct thorough research on their profile, experience, knowledge, reviews, and price.

 Your dream project is super important for you, so you always need the best. Hence go for the best company like MobileCoderz. WIth 100+ skilled app developers, you get only the best services. 

Have An E-Wallet App Ideas. Book A Free Consultation Today!

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A Powerful Combination Of The Future When AI Meets IoT: AIIOT https://mobilecoderz.com/blog/a-powerful-combination-of-the-future-when-ai-meets-iot-aiiot/ https://mobilecoderz.com/blog/a-powerful-combination-of-the-future-when-ai-meets-iot-aiiot/#comments Tue, 20 Apr 2021 09:01:02 +0000 https://mobilecoderz.com/blog/?p=2941 The evolution of IoT is getting more astute day by day. Numerous organizations are assimilating AI or you can term it as “man-made brain” — it is the main driving force behind IoT applications. The Key Discovery With an inundation of investments, a pile of new products and inventions has resulted in the advancement of […]

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The evolution of IoT is getting more astute day by day. Numerous organizations are assimilating AI or you can term it as “man-made brain” — it is the main driving force behind IoT applications.

The Key Discovery

With an inundation of investments, a pile of new products and inventions has resulted in the advancement of the rising tides. AI has evoked a wave in the IoT. This has added another dimension to the business world.

Well by now some businesses have already employed IoT blueprint. They have evaluated and tested the potentiality of new IoT tasks, attempting to get more worth from a current dynamic IoT that has explored a new role for AI. 

These two informatics and correlative fields have amazingly upgraded the capacities and every element. To understand this more relatively, it is essential to figure out the functionalities of Artificial Intelligence and the Internet of Things. As these technologies can provide important streams of data.

IoT Growth Signs

  • The procurement of IoT start-ups is accelerating high that is centered around Artificial Intelligence. 
  • The ventures that are already into capital financing have employed AI-focused IoT. This technology has accelerated the growth of the organization at a higher rate.
  • The merchants of the IoT phase- Salesforce, PTC, Microsoft, IBM, Oracle, GE, and Amazon- are incorporating the functionalities and capabilities of Artificial Intelligence. 
  • Numerous businesses are currently using or examining the power of AI with IoT to convey operations and new contributors more proficiently. 
  • Gartner gave this prediction that by the year 2022, more than 80% of projects on the Internet of Things will have an AI component.

Re-Define The New Era

These two technologies are reconsidering the way how the operations would take place in an organization. 

AI has mapped a new way to execute tasks brilliantly with real-time evaluation. It has also led to a new way to create a great synergy between an individual as well as machines.

AIIoT

Both technologies are two distinct advancements that can be fundamentally implemented in numerous verticals of industries. The incredible combination of IoT and AI– AIIoT are smart and intelligent frameworks.

The ability to get a ton of information has expanded in the past 3-5 years. Even though these advancements have raised concerns regarding privacy and security. But a good service provider can help you to overcome this problem.

Note:- If you want your businesses to flourish with these powerful technologies then get in touch with an experienced web and mobile app development company. They will develop web and mobile apps with the latest technologies and trends. Therefore you can engage and earn maximum users. They will be possessed with a rich skill-set that can make a huge difference.

Nowadays, sensors are being used in almost everything. It is nowadays used to deduce more information inconceivably. One can solve complex calculations. This can now empower one to do a prescient examination from every conceivable point. ML is a subdivision of AI (Artificial Intelligence), which is nowadays utilized to simplify as well as solve problems. It is also utilized to upgrade the workflows which will improve the critical thinking of the user with its coordinated effort.

The Superlative Combination Effect

IoT gathers a great deal of data using the connectivity of the device. It can be done through the web and Artificial Intelligence,  especially via a ground-breaking framework. ML can help one to assess as well as retain this information. 

Machine Learning is employed in IoT gadgets which helps one to identify the faults and detect the assorted information through amazingly advanced sensors. 

Amazon has employed IoT off lately so that their esteemed users can have a smooth shopping experience. They no longer rely on any cash counters or an employee who would be handling the finance. Instead, they have employed smart sensors that can handle the entire operation.

So, where are Artificial Intelligence and the Internet of Together headed together? 

At this moment there are four fundamental areas where the AIIoT is producing a huge impact. They are as following:-

1. Wearables

Wearable gadgets, for instance, smartwatches interminably track and screen the customer tendencies, patterns, and affinities. Not simply has this provoked viable applications in healthcare, but its functionalities have also created an admiring wave for wellness and sports. Gartner in its latest publication forecasted that the spending on Wearable Devices globally will cross $81.5 Billion in the year 2021.

Wearables AI and IOT
Source: visualcapitalist

2. Smart Homes

A space that behaves like the way its owner wishes. Well, now it’s not a sci-fi movie anymore. Smart Homes are employed with smart gadgets, appliances, and lights. It is aligned as per the wish of the owner that develops “robotized support”. 

This smart innovation has given an additional advantage to human beings to improvise energy proficiency.

Smart Homes AI and IOT
Source: visualcapitalist

3. Smart City

This is what the young blood roars for. As per the sources, millennial crowds are rushing to metropolitan cities for more advanced and secure lifestyles. The advancement of smart cities is taking its pace like anything. The governments are taking maximum efforts towards improving public transport, security, and energy proficiency.

Smart City AI and IOT
Source: visualcapitalist

4. Smart Industry

To target things, ventures from mining to assembling are purely dependent on digital transportation. It will decline the mistakes made by humans and has otherwise proved to be more dynamic. 

From building the production of a sensor network to the continuous examination of the information, smart devices can assist in averting mistakes that are exorbitant in the business. Indeed, Gartner assessed that more than 80% of enterprises have employed IoT undertakings that will employ Artificial Intelligence by the year 2022.

Smart Industry AI and IOT
Source: visualcapitalist

5. Smart Retail

In smart retailing, for facial recognition, smart cameras are equipped. This superior technology can be used to evaluate the pattern of the clients (they enter or exit). This smart technology will gather intel regarding visitors. Now, it would be enclosed with the traffic flow, high preferences, gender, etc. 

These unparalleled technologies will cover everything from product marketing to the placement of the item. 

6. Monitoring The Traffic Using Drone

To make a smart city, one can employ AIIoT, which includes evaluating traffic using a drone. It is nowadays utilized to curtail congestion. Isn’t it great?

The drones are deployed to evaluate a larger area to transit the information of traffic. Artificial Intelligence will evaluate the information at the initial stage itself and present the information to mitigate the congestion of traffic. 

You can make adjustments related to traffic with certain adjustments related to speed limits and timing without employing any human.

The Alibaba Cloud introduced a product named “ET City Brain”. It was used to optimize urban resources by employing AIIoT. The major highlight of this product was, it could detect all accidents, identify illegal parking, and automate the traffic lights so that the ambulance reaches the patients at the earliest who need quicker medical assistance.

AIIoT Technologies Future

Embrace the driving innovation

A distinctive technology that can test how much data does your device can process. This future innovation can push the boundaries of learning and processing.

Edge Computing

Edge Computing
Source: visualcapitalist

Voice Artificial Intelligence (AI)

Voice AI

Source: visualcapitalist

Vision Artificial Intelligence (AI)

Vision Artificial Intelligence
Source: visualcapitalist

In a nutshell!!

AIIoT is surely the near future for all businesses. This technology has inhibited new soul to mobile app development.  And proved as a phoenix to the businesses who want to reach the maximum users.

If you plan to develop an app with such unique ideas, then get in touch with MobileCoderz Technologies Pvt. Ltd. 

We are the industry leaders who have established ourselves by staying updated and worked with such latest trends and technologies. Our tech nerds have immense experience in developing web and mobile apps for various niches using these comprehensive technologies.

If this technology can help your business, then we as your partner can add dimension to assist you towards success!! 

Try AIIoT technology with us today!!

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It’s a Dawn of a New Era with an Alloy of Artificial Intelligence and Mobile Application https://mobilecoderz.com/blog/dawn-new-era-alloy-artificial-intelligence-mobile-application/ https://mobilecoderz.com/blog/dawn-new-era-alloy-artificial-intelligence-mobile-application/#respond Mon, 20 Nov 2017 10:02:17 +0000 http://mobilecoderz.com/?p=925 Technology is at its peak of advancement and adaption with a variation of theory, every other concept is becoming a face of change, giving a top possibility of engagement to the user. Each mobile application is built-in with a motive and for the well-being of the crowd who are eager to live in the flow […]

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Technology is at its peak of advancement and adaption with a variation of theory, every other concept is becoming a face of change, giving a top possibility of engagement to the user. Each mobile application is built-in with a motive and for the well-being of the crowd who are eager to live in the flow of a newfangled invention. Moreover, we are here to discuss this hefty believable impression of artificial intelligence merged into android mobile application development and ios mobile application development.

Artificial intelligence takes its call with the beautifully engraved science and tech matched with the industry standards, on the other hand, the new improvements that are being bought into light with speech recognition, planning of a structure holding hand of a technology that is above the ground.

This subject has also created a drift in the market with its unique flaws, on the other hand, applications that are linked with artificial intelligence are growing their verticals into an established business. We MobileCoderz have studied the technicality of ‘AI’ and we are building applications according to the new trend in the tech market. Here are some of the other points that define this technology very well.

#1: AI inculcated in business

Ai can surely become a working voice for the people who are keen on forming their own chain or hub of mobile application development.

#2: AI is setting new standards

AI includes audio clips, voice interfaces that allows user to interact with business people. A whole new environment is created for the user to attract more views and clicks.

#3: AI helps in fetching quick information

In the decade of intelligence through ‘AI,’ there are smart apps as well as automated applications built so that information can be drawn out easily with a hassle-free command.

#4: Meeting user expectation

A user gets to learn in regards to the application he/she is using to meet all the needs and requirements hence AI is a great source that leaves an impression on the user with the adaptive behavior into the content.

#5: Future aspects of ‘AI’ with mobile application development

AI is surely a trendsetter with its interactive and creative approach towards the user who is always ready for something bigger and better.AI has also changed the axis in the most progressive direction where technology is taking a revolutionary turn amongst the developers, businesses, and people.

Last but not the least concluding this subject I would like to say that ‘Artificial intelligence is not only intelligent but also a transformation in the world mobile application development

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