BlockChain is an innovation of technology that has taken the world by storm and revolutionized the concept of digital transactions. Primarily associated with Bitcoin, BlockChain technology has more tricks under its sleeves. According to popular definition, this chain is a storage space where transactions are stored in form of blocks which are interconnected in the form of chain; hence the name, BlockChain. It is also referred to as ‘Append-only data store’; that means you can only add data to the bank but cannot take it away. (Tennison, 2015) [Read more…]