Blockchain is the fastest growing technology at the moment. The world‘s smart and powerful people agree, it is indeed a remarkable evolution and are spending enormous resources in order to harness its potential disruptive power. With this level of focus and hype, we want to help clear up what is Blockchain & how different governments can gain from its main features (transparency, security, complete life-cycle transaction history, immutability, cost efficiency and realtime monitoring). The Blockchain technology is a decentralized stable unchangeable database of all the various kinds of information. ―Blockchain‖ suggests a stable chain of ―blocks‖ including all transactions/information & as the information gets longer, the older information grows into more reliable one, because every block consists of a cryptographic reference to previous block.
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