Blockchain is a secured distributed computing system designed to transform operating models, increase transaction security, bring efficiency to global supply chains, asset ledgers and financial transactions to name a few. 

Blockchain technology can substantially lower operation costs. Thus bringing more disruptive innovation to the market. Its protocols facilitate new digital transaction methods such as digital currency, crowdsales, prediction markets or governance tools. 

Blockchain’s permissionless characteristic does not require access control to guard the network against bad actors, hence blockchains can be considered as notarised ledger which eliminate the need for trust service provider (middleman) to be a part of any transaction. This can be used for several cases, including real estate transactions or business incorporation.