Affiliation:
1. Anand Institute of Higher Technology, India
2. Panimalar Engineering College, India
Abstract
The development of numerous cryptocurrencies, dApp monetization Smart personal Contracts, Decentralized Finance apps (Defi), and Non-Fungible Tokens (NFTs) preceded general adoption of the Blockchain concept. Blockchain Technology (BT) is digital money, which increases in value every hour by a factor of bigger than its previous worth. Even though Blockchain's widespread appeal has been confined to its role in the development of Bitcoin and other cryptocurrencies, a number of other applications are currently being developed steadily. This demonstrates the promise of decentralized technology and the undeniable influence of blockchain on business across many industries. These days, businesses use blockchain technology and its various features, like as ICOs and smart contracts, for a variety of objectives that are related to their daily operations.
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