Blockchain technology has been gaining immense popularity and more and more industries are moving towards it realizing the numerous benefits it carries. With the help of revolutionary blockchain technology, organizations can engage in secure and highly transparent transactions and also increase their efficiency and overall productivity. The technology also helps companies to enhance their capabilities to set up safe networks and participate in real-time communications with partners around the world.
Peer-to-Peer (P2P) topology is a characteristic associated with blockchain technology, a distributed ledger technology (DLT). This technology enables users to store data across thousands of servers, allowing any user to have a clear view of the data at any time thanks to its decentralized nature and easy accessibility to the database. Hence, there is no single, central entity.
As a platform for virtual currencies, Blockchain has the potential to support the programmable economy. Blockchain-based digital monies are already having a massive influence and central banks are working with them, but its significance goes beyond trade interaction. For a complete understanding of this ground-br