Technology is the key driver of growth. And the latest technology which has taken the world by storm is Blockchain. Blockchain or DLT came into existence ten years back, and since then it has evolved in the last one decade. Not only it aids digital currency, but at the same time, the researchers and developers deciphered other uses of the blockchain.
The world of cryptocurrencies has caused a lot of chaos in the economic powers around the globe. Bitcoin soared to $20,000 before plummeting to around $6000 per coin since the beginning of 2018. This has led regulators in countries like the USA and South Korea to be cautious towards Bitcoin as is evident by the denial of several Blockchain Council is an authoritative group of subject experts and enthusiasts who are evangelizing the Blockchain Research and Development, Use Cases and Products and Knowledge for the better world. Blockchain technology is more than a technology which is emerging rapidly and has a vast scope in the future. Blockchain acts as a financial network, software, distributed ledger, etc. Owing to this multitude of benefits and features, companies are now shifting their centralized and traditional working system to this trending and futuristic technology .