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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
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Impact Factor : 8.76

Issue per Year : 12

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Paper Title: BLOCKCHAIN 4.0 TECHNOLOGY
Authors Name: Pavan Joshi , Aachal Dadhe , Suyog Hole , Bhavika Shinde , Prof. Sudesh Bachwani
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IJNRD_185074
Published Paper Id: IJNRD2212224
Published In: Volume 7 Issue 12, December-2022
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Abstract: Blockchain is a cutting-edge technology that has had a huge impact on modern civilization because to its transparency, decentralisation, and security aspects. The initial Blockchain application, which received a lot of interest, was to record financial transactions of bitcoin. Blockchain technology has the potential to significantly alter how we interact, conduct business, and live in the near future. Previously, transtion took a long time, making the process of resolving these issues slow. Blockchain introduced the lightning network, DOPS, and DDPOS to improve the transaction processing time of blockchain. With Blockchain 2.0 began the era of smart contracts, which enabled Blockchain to go beyond its basic functionality of powering cryptocurrencies. Smart contracts enabled firms to automate their cross-organizational contracts. The rise of dApps has been essential to Blockchain 3.0. dApps allow several powerful blockchain use-cases like as DeFi platforms, Crypto loan platforms, NFT marketplaces, P2P lending, and others through a frontend user interface that calls to its backend smart contracts maintained on decentralised storages. Blockchain 4.0 promises to expand Blockchain into a business-useable platform for developing and running more advanced and mainstream decentralised apps. The primary focus areas for Blockchain 4.0, which includes Web 3.0, Metaverse, and others, will be speed, user experience, and use by a broader and more diverse population. This study finishes with a consideration of key future opportunities, new use cases, and outstanding research questions that scientists may pursue in order to advance Blockchain 4.0 as a discipline.
Keywords: Blockchain, Bitcoin, Lightning Network, LNURL, WebLN.
Cite Article: "BLOCKCHAIN 4.0 TECHNOLOGY", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 12, page no.c199-c203, December-2022, Available :http://www.ijnrd.org/papers/IJNRD2212224.pdf
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ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID:IJNRD2212224
Registration ID: 185074
Published In: Volume 7 Issue 12, December-2022
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Page No: c199-c203
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Research Area: Engineering
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Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2212224
Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2212224
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016

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