Blockchain Technology serves a large market as it simplifies the business processes with its excellent transparency, security, efficiency, and speed. Driven by a data-packed world, the blockchain is building an ecosystem around the globe integrating with other technologies for further development in the industrial segment. The global blockchain market size is estimated to grow from USD 3.0 billion to 39.7 billion in the upcoming five years. Blockchain Technology has a powerful future as it experienced a substantial rise due to the cryptocurrency market last year. Blockchain is a technology with an exceptional and myriad range of potential usages.