Blockchain is still in its early years right now, with Bitcoin being its best example. The applications of blockchain technology are being discussed and develop, and it is soon going to reshape several industries like finance, government, healthcare, etc. In a nutshell, a blockchain application could help reduce the complexity and cost of industrial operations. As the transactions or trades never disappear in a blockchain, the ecosystem allows everyone to keep a copy of the record.

Visionary businesses could use blockchain to come up with innovative products. As blockchain is a tamper-proof technology, its application in financial ledgers is a must in the near future.