The Emergence of Blockchain 4.0
-
A new version of blockchain technology development is emerging as blockchain 4.0. It aims to render blockchain a business-friendly environment for developing and running apps, thus, making it fully mainstream.
Previous iterations of blockchain technology have demonstrated clear potential benefits for organizations, including security, automatic record-keeping, immutability, and the ability to pay bills, wages, and invoices in a completely secure environment.
Unfortunately, blockchain has not yet overcome several significant challenges. For instance, speed was much too slow, and very few individuals possessed the specialized skills necessary to develop the blockchain. Customers, employees, and organizations want a user experience that is comparable to web 2.0 applications; yet, blockchain was having trouble delivering web 1.0 due to difficulties that were known to the first generation of online pioneers.
Concerning that aim, Blockchain 4.0 succeeds. Blockchain 4.0 is the ability to create applications that perform and look as beautiful as web 2.0 applications while retaining the special benefits of blockchain technology. -