In this age of technology taking an integral place in everything from daily tasks to national security, transparency and security become the key characteristic demands in innovations. Blockchain technology stands tall in this scenario with its efficient and revolutionary features that ensure transparency that stamp out data fraud, and handle large-scale ownership. In simple terms, it is a distributed data storage technology, a database, in the form of a blockchain. It is mostly popularised by NFTs and Bitcoin but its impact on business industries is largely overlooked