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Block Chain is defined as an electronic ledger that records financial transactions in such a way that makes it impossible to change and hack the system. It is a database that stores data in the form of “blocks”. The block store group of financial transactions. This research paper is descriptive and is based on secondary data. In this paper, we will discuss the concept of FinTech, Cryptocurrency, and block- chain, how blockchain works, why to use blockchain, and what’s the problem with using blockchain. We concluded that this technology provides an online ledger that keeps a record of every piece of data permanently and protects it from hackers, unauthorized access, and fraudulent activities.
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