The composite word dApp stands for decentralized apps.
What are Decentralized Apps (dApps)?
These applications are not the result of the work of individual companies or developers. Instead, they are programs that are constantly offered in distributed form in crypto systems via so-called peer-to-peer (P2P) networks in blockchain networks and developed on the basis of open-source software. The Ethereum network is considered a pioneer in the rapidly growing dApps sector.
Today, there are thousands of dApps on many different decentralized platforms such as Solana, Cardano, or Polkadot. Decentralized applications are a major topic, especially in the financial sector, in order to advance decentralized finance (DeFi).