Abstract
The term blockchain pasteurizes the chain of blocks like linked lists which will be linked to the previous block. A blockchain is a distribted ledger of digital transactions which is decentralized and no individual, team or company has its controllability over it. However, with time, the use of blockchain has come into existence. It has wide range of applications including risk management, credit money, Internet of Things ( IoT), social networks, and financial resources. Blockchain has many benefits like decentralization, persistency, anonymity, audit ability. Blockchain is trustable one and it is very efficient. In particular, this paper gives us the detailed information about the blockchain and its applications.
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