The field of molecular electronics has gained a great impetus in the recent times and made the fabrication of extremely small devices possible that demonstrates extraordinary electrical properties. Being superconductive, fullerenes have drawn concerted attention of the research community
committed to the exploration of applications in the field of molecular electronics. After extensive research in the field of carbon fullerenes in the last decade, Boron based fullerenes have stolen the limelight for their inherent stability among fullerene group. While the properties of B80
fullerene are still under exploration, researchers have been successful in synthesizing all boron fullerenes B40 in the laboratory. B40 is distinctive from other known clusters of boron as it has extraordinary properties like high stability and comprises of both acidic
and basic sites, making it an optimum choice for detecting a number of gases like hydrogen, ammonia and carbon dioxide. This paper gives a brief review about the properties of B40 and the comparative research done on Boron fullerene so far.