The growing popularity of Crypto investments has aroused a keen interest in Blockchain technologies and their possibilities. Today, blockchain is used as a generic term, and most people associate it with Bitcoin, the cryptocurrency created using the distributed ledger technology for the first time.

However, the potential and scope of the application of decentralized ledgers have already become so much broader. Blockchains can be used independently from a cryptocurrency and can easily be modified. Anyone who knows the basics of programming is capable of creating his/her own blockchain.