Blockchain technology was once synonymous solely with cryptocurrencies like Bitcoin and the like. But it has now transcended its initial limitations to reshape various business sectors. Its decentralized and transparent nature holds immense potential for optimizing processes, enhancing security, and fostering trust. Let’s look at how blockchain is being applied across different industries to bolster productivity and streamline operations and how forward-thinking businesses are harnessing its power. First, let’s understand Blockchain Technology At its core, blockchain is a decentralized digital ledger that records transactions in a secure, transparent, and immutable manner—no wonder it was first associated with just cryptocurrencies. Blockchain…