Abstract
Blockchain is a new and secured way to store data. Multiple computers connected to form a series of blocks that holds transaction data and the information of the previous block. It is a technology used to develop first cryptocurrency Bitcoin. Blockchain technology is generating new opportunitiesin other industry domains along with financial sector. Thus, in this technology era, Blockchain becomes the future of internet. The growing popularity of cryptocurrencies as financial assets is an indicator of a revolution in the financial sector. It led to understanding the need-to-know blockchain technology in depth while investing money in cryptocurrencies. In this article, we will discuss the evolving blockchain technology related to cryptocurrency. We will outline the concept of cryptocurrency with blockchain technology in general along with strength and weaknesses, real world use cases, future trends and more. Cryptocurrencies currently havesignificant commercial value in the financial sector, so knowing the technology behind the implementation of cryptocurrencies will help investors and businesses easily predict financial market trends. This article will provide the general overview of blockchain technology and its features by studying various research papers, articles, news media and many more.
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