Study of Block chain

Sushma Laxman Wakchaure, Shinde Bipin Balu, Bhabad Vasant M., Dnyandev Sopan Musale, Supriya S. Burhade · International Journal of Advanced Research in Science Communication and Technology · 2021

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. You have probably heard of Blockchain in the past few years, mostly in the context of crypto currency. However, Blockchain has grown to have several different applications. The significant part about Blockchain is that it is never under the complete control of a single entity due to being entirely consensus-driven. It can never change the data you store in the Blockchain used widely in sharing medical data in the healthcare industry. Due to the security that Blockchain provides, this data can be shared among parties seamlessly. Another application of Blockchain is in maintaining the integrity of payment systems. Blockchain-based payment systems are immune to external attacks and theft. Blockchain can also be used in tracking the status of products in a supply chain in real-time.

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