Blockchain research and application blockchain in mobile payment and scientific advances to eliminate its disadvantages

Abstract

Research and application of Blockchain in mobile payments and scientific advances to eliminate its disadvantages. Blockchain has emerged as a revolutionary technology that has the potential to transform the way we make mobile payments and process financial transactions. For the past several years, research related to the use of Blockchain in the field of mobile payments has produced many interesting results. This has led to the development of Blockchain applications in the financial and banking industries. However, Blockchain also faces several disadvantages, including issues of scalability, security, and processing capacity. Fast transaction processing. To solve these difficulties, scientific research related to Blockchain improvements is being conducted. Researchers are looking for ways to increase Blockchain's scalability, ensure safety, and optimize processing speed. This article will summarize the latest research and applications of Blockchain in the field of mobile payments and scientific advances to eliminate its disadvantages. We'll look at how Blockchain can improve the efficiency and security of mobile payments, and explore the technological advances being applied to address the challenges Blockchain faces. This research promises to open new opportunities in developing more innovative and secure mobile payment solutions, promoting the future development of this field.