Blockchain technology is a decentralized digital ledger system that records transactions across a network of computers in a secure, transparent, and tamper-resistant manner. Unlike traditional centralized databases, where a single authority controls the data, blockchain distributes information across multiple nodes, ensuring that no single entity can alter or manipulate records without consensus from the network. This decentralization enhances trust, security, and reliability, making blockchain particularly useful in environments where multiple parties need to verify transactions without relying on intermediaries. Each record in a blockchain is stored as a “block” containing transaction details, a timestamp, and a cryptographic hash that links it to the previous block, creating a continuous chain of data—hence the term “blockchain.” The working of blockchain technology relies on three fundamental processes: transaction initiation, block creation, and consensus verification. When a user initiates a transaction, the details are broadcast to the network of nodes, which are independent computers maintaining copies of the blockchain. Each node verifies