Abstract

Blockchain technology has come to be seen as a radically different kind of information technology due to its role as a disruptive agent that challenges incumbent actors and their assumptions. With this research paper, I cover the basics and benefits of blockchain technology as well as its possible industries residing, organization and even changing. The blockchain is a decentralized database technology, which had brought the rise and the existence of cryptocurrencies. Similar to Bitcoin, the magnitude of its operation is wielded not only for digital currency. This article will be carrying on the matter of blockchain systems type diversity with public, private, and consortium chains detailed, and the role of the network nodes in achieving consensus being specified. Keywords: - Cryptocurrencies (e.g., Bitcoin, Ethereum), Smart contracts, Digital Signatures, Supply chain applications, Blockchain applications, Blockchain in finance and healthcare

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