In an increasingly digitalized economy and society,the security and accountability of data transactionsare critical elements for creating trust and enablingbreakthrough innovations in the digital world. In thisregard, blockchain technology could be a game-changer,with the potential to revolutionize processes from financeto pharmaceutical industries, from government publicservices to humanitarian work and development aid.The blockchain serves as the base technology forcryptocurrency, enabling open (peer-to-peer), secureand fast transactions. The blockchain application hasexpanded to include various financial transactions (e.g.,online payments and exchange platforms), Internet ofthings (IoT), health systems and supply chains.