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Every single day new digital currencies are being formed and the trend of cryptocurrencies and Initial Coin Offerings is spreading across the entire world. The invention of Bitcoin and other cryptocurrencies was done on a platform called <a href="https://hackernoon.com/will-blockchain-make-hbos-silicon-valley-like-the-real-silicon-valley-in-season-5-4d5a7b7be869" target="_blank">Blockchain</a> that has totally revolutionized the way we conduct financial transactions. Besides financial transactions, the Blockchain technology is being used in many sectors like health and wellness, event management, clothing sector, aviation sector and so on. Blockchain has certain prominent features that stand out a lot. Blockchain is a decentralized platform that is incorruptible, transparent and anonymous. It cannot be ruled by a single party and has no single point of failure.