I think there is no more introduction needed for the term Blockchain, as the distributed ledger technology has already made its footprint in all major industries be it the government, trade, medical, education or real estate. The Blockchain has significantly showcased its extensiveness in laying solutions to the critical market problems like security, transparency, accountability, time consumption, cost and more. Every industry has witnessed the big play of blockchain in improving the efficiency and effectiveness of the industry function.
This blog brush off different types of blockchain and its implications in varied businesses. There exist different types of blockchain but let us focus on the three major types.