|
|||||||||||||||
|
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 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
||||||||||||||
Issue: April 2024
Volume 9 | Issue 4
Review Result and Publication of Paper within : 2-3 days
Click Here For more DetailsFor Authors
Forms / Download
Published Issue Details
Editorial Board
Other IMP Links
Facts & Figure
Impact Factor : 8.76
Issue per Year : 12
Volume Published : 9
Issue Published : 95
Article Submitted :
Article Published :
Total Authors :
Total Reviewer :
Total Countries :
Indexing Partner
Join RMS/Earn 300
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
|
Published Paper Details
|
|
| Paper Title: | Unleashing the Potential: The Future of Blockchain-Based P2P Lending |
| Authors Name: | Harshil Shah , Saurabh Gurde , Vineet Holker , Prathmesh Barad , S.R Patil |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_197544
|
| Published Paper Id: | IJNRD2305885 |
| Published In: | Volume 8 Issue 5, May-2023 |
| DOI: | |
| Abstract: | The world of peer-to-peer (P2P) lending has witnessed a transformative impact with the advent of blockchain technology. This disruptive innovation has revolutionized the traditional lending landscape by offering transparency, security, and efficiency in financial transactions. In this paper, we explore the intersection of blockchain technology and P2P lending, highlighting its benefits, challenges, and future prospects. The paper begins by providing an overview of blockchain technology and its underlying principles, emphasizing its distributed and immutable nature. It then delves into the application of blockchain in P2P lending, showcasing how it enables direct transactions between lenders and borrowers, eliminating intermediaries and reducing costs. The integration of smart contracts ensures automated loan agreements and facilitates seamless repayment processes. Furthermore, the paper examines various case studies and existing projects in the realm of blockchain-based P2P lending. It explores the emergence of stablecoins, which provide stability to digital currencies, and their role in facilitating P2P lending transactions. Additionally, the implementation of decentralized credit scoring and identity verification mechanisms is explored, emphasizing how blockchain enhances trust and reduces fraud in the lending ecosystem. An analysis and evaluation of blockchain-based P2P lending initiatives provide insights into the advantages and limitations of this technology. While blockchain offers increased transparency, security, and accessibility, scalability and regulatory challenges must be addressed for widespread adoption. The paper also discusses the potential risks associated with smart contracts and the need for robust security measures. Looking ahead, the paper highlights future directions and outlook for blockchain-based P2P lending. It explores the potential for interoperability between different blockchain platforms, the integration of artificial intelligence and machine learning for enhanced credit assessment, and the role of decentralized finance (DeFi) in expanding P2P lending opportunities. |
| Keywords: | |
| Cite Article: | "Unleashing the Potential: The Future of Blockchain-Based P2P Lending", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 5, page no.i747-i755, May-2023, Available :http://www.ijnrd.org/papers/IJNRD2305885.pdf |
| Downloads: | 000118746 |
| 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:IJNRD2305885 Registration ID: 197544 Published In: Volume 8 Issue 5, May-2023 DOI (Digital Object Identifier): Page No: i747-i755 Country: Mumbai, MAHARASHTRA, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2305885 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2305885 |
| Share Article: |
|
|
Click Here to Download This Article |
|
| Article Preview | |
|
|
|
Major Indexing from www.ijnrd.org
| Semantic Scholar | Microsaoft Academic | ORCID | Zenodo |
| Google Scholar | ResearcherID Thomson Reuters | Mendeley : reference manager | Academia.edu |
| arXiv.org : cornell university library | Research Gate | CiteSeerX | PUBLON |
| DRJI | SSRN | Scribd | DocStoc |
ISSN Details
 |
 |
|
ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016
DOI (A digital object identifier)
Conference
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Important Details
Social Media
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Join RMS/Earn 300
| Copyright © 2024 - All Rights Reserved - IJNRD |
Facebook Twitter Instagram LinkedIn