Most people are familiar with blockchain thanks to bitcoin’s surge in popularity as the leading cryptocurrency. What is blockchain ? Blockchain is a technique of tracking deals using technology that goes beyond simply bitcoin and may prove to be a game-changer. Although in its early stages, blockchain is being adapted for several commercial uses. It is anticipated to be used for a wide range of purposes in the future, especially business. The blockchain is still obscure to the average person. Fortunately, entities like banks are helping to educate consumers about blockchain to help them understand and prepare for the change. Once ready, the same consumers can start utilizing blockchain in their processes. Blockchain, in a nutshell, is a sizable, decentralized database of transactions kept up by numerous decentralized sources. With this, there is no requirement for a single central authority, like a bank, to certify that transactions took place. The bottom line is that transactions en