A Review on Blockchain Technology and It's Applications

Authors

  • Gajanan P. Arsalwad  Babasaheb Naik College of Engineering, Pusad, Maharashtra, India
  • Dr. Sohel A. Bhura  Babasaheb Naik College of Engineering, Pusad, Maharashtra, India
  • Dr. Suresh S. Asole  Babasaheb Naik College of Engineering, Pusad, Maharashtra, India

Keywords:

GDP, Blockchain technology

Abstract

In the annals of technology, blockchain is generating levels of excitement and anticipation that have never been witnessed before. It's being hailed as the next big thing in technology, one that will change the world just as much (if not more) as the wheel, the steam engine, or the Internet. According to a research published by the World Economic Forum in September 2018, 60% of respondents believed that by 2030, Blockchain technology will be used to store 10% of global GDP. As a result, it's not unexpected that Blockchain is attracting a large number of investors who are pouring money into Blockchain firms. Nearly $450 million was invested in 2016, and that number is only expected to rise. However, the methods, goals, and possibilities of Blockchain are still completely unknown to the general public.

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IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology

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Published

2021-06-30

Issue

Volume 8, Issue 3, May-June-2021

Section

Research Articles

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How to Cite

[1]
Gajanan P. Arsalwad, Dr. Sohel A. Bhura, Dr. Suresh S. Asole, " A Review on Blockchain Technology and It's Applications" International Journal of Scientific Research in Computer Science, Engineering and Information Technology(IJSRCSEIT), ISSN : 2456-3307, Volume 8, Issue 3, pp.330-339, May-June-2021.