Main Article Content
Abstract
Blockchain technology, an alternative to traditional ledger system based on the concept of decentralisation, anonymity and consensus approach possesses a great potential for the future internet system, it provides a solution to the numerous problems pertaining to data and information such as storage, transparency,privacy, data integrity and intermediation.The current study uses explorative approach to understand, discuss and bring out the issue relevant to the title. Secondary data and publications have been used to do this study. Entire paper is based on research papers, books, reports and government publications. Our study is mainly understanding the blockchain technology covering the elements, features and mechanism followed by the applications (financial and non financial) and the future purview tackling all the challenges and opportunities globally.