India, Jan. 13 -- Blockchain is one of the latest technologies used in the business world. Though this technology was around since 1990s, it started gaining popularity in the last decade, with the advent of cryptocurrencies. Although it is fast gaining attention, its applicability to business needs to be comprehensively understood and its potential is still to be realised fully. The world is in the early stages of acceptance, testing and implementation of blockchain technology and there is still some time before it hits the mainstream. Blockchain is a type of database where data is stored in blocks which are chained together. Any new data is entered into a fresh block which is then chained to the existing data in a chronological order. Th...