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The distributed ledger technology Blockchain has proven to be the larger value of cryptocurrencies, with the potential to revolutionize almost every industry. However, many myths around what the technology actually is and how it works are preventing businesses from understanding its potential impacts and applications.

"Blockchains are being used to revolutionize all sorts of industries, from entertainment and retail, to the food industry, healthcare, and even the non-profit sector," said Natalia Karayaneva, CEO of Propy. "Developers have been working on blockchain for many years. It's not new, yet it is still in its infancy. There are many advancements in blockchain technology still to come."

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