The blockchain is an innovative technology that was first used in the world of cryptocurrency, but it has quickly become one of the most valuable tools for business. In fact, many companies are already using the blockchain to create new products and services. However, blockchain development isn’t just for startups or other small businesses—it can help any organization improve its efficiency and reduce costs by providing better transparency into its operations.   What is the Blockchain? The blockchain is a shared, distributed, and decentralized database that anyone can access. A blockchain can be public or private and allows information to be stored in a way that makes it easy to verify ownership while providing high levels of security. Individual blocks of data are recorded and linked together using bespoke cryptography to keep it discrete and secure. These blocks create a chain available in the public database. The financial sector accounts for around 30% of the market value for blockchain. Blockchain in healthcare will reach a value of $1189.8 million by 2028 Why use blockchain? Blockchain is a distributed ledger technology (DLT). It is an immutable record of transactions shared across a peer-to-peer network. This means that, unlike a traditional database,