Blockchain the Revolutionary Technology

Harsh Mahadik

Abstract: Blockchain technology has attracted tremendous attention in the capital market. The nature of Blockchain technology has lead businesses, industries, and entrepreneurs from all around the world to explore the technology’s potential and had made revolutionary changes in different sectors. This paper traces the development of blockchain systems to reveal the importance of blockchain applications and the future development of blockchain application. This paper covers different application of blockchain. The readers will gain an overview of Application of blockchain and get familiar with recent developments in the blockchain application. The paper also finds that exploring the application of blockchain has only begun with some limited studies in areas such as the Cryptocurrency, Energy, Finance, Healthcare, and Government.

Keywords: Blockchain, Blockchain Application, Smart Contracts, Cryptocurrency, Healthcare, Application, Energy sector