The technology of cryptocurrency is revolutionizing. It has provided both security and transparency along with numerous benefits, especially where the infrastructure provides the equity that is lacking. It can be utilized across insurance, finance, and personal identity. Security has created a big market for blockchain services. It has been predicted to hit the annual spending of nearly USD 20 billion by 2025. Tech giants like IBM have invested large amounts of funds in technology, up to USD 200 million in research, and more than 90% of US and European banks have invested in blockchain. Although blockchain has been taken by storm over the last few years. Technology is on the way to becoming a legitimate disruptor in a slew of industries