Block Chain Technology & its Scope in Various Fields: A Comprehensive Review

Abstract

In recent years, block chain technology has become a powerful force for change, upending established markets and altering how data is shared and kept. This review discusses the underlying characteristics and features of block chain technology and looks at some of the potential fields in which it might be used. We highlight the versatility of block chain by analysing its decentralized structure, immutability, transparency, and security features, as well as its applications in finance, supply chains, healthcare, voting systems, and other fields. The assessment comes to a close with some reflections on the block chain technology's bright future and the issues that still need to be solved before it can be widely used.