Over the years, Blockchain has acquired immense prominence in the digital world. Its capability of maintaining data transparency and its immutable structure has attracted more and more industry verticals to pursue and utilize it for their regular transactions.
Blockchain, in basic language, is an accumulation of blocks (ledger), in a distributed network (chain), which is utilized to record digital data of any value. The data is stored across all the blocks in the network. Consequently, there is no single proprietor or focal vault controlling it.