BLOCKCHAIN TECHNOLOGY – A CATALYST FOR INNOVATIVENESS: RECENT LITERATURE SURVEY

The study's motivation is to understand blockchain technology's growth in society and its footsteps in diverse areas for 2015-2020. The study applies descriptive literature survey techniques for exposing the contribution of BCT in different corners of the economy. Through investigation, it is apparent that BCT's critical role is immensely significant for the digitalization of the convention process, reduction of information asymmetry, and establishes confidence in information decentralization. Furthermore, the contribution of BCT, especially in managing funds, including financing activities and fund channelization, assists immensely by supporting information conformity and reuse in future demand. Also, BCT's presence in the business process also available in the literature, and the contribution for development is fully appreciated