• Dr.Ashalakshmi R K

Abstract Digitalization involves exploring business models and platforms using digital technologies, devices or techniques to yield several benefits in various aspects of life. Coming to Block chain, the system works on distributed computing where every bit of information updated between multiple parties is captured by all parties, including the bank. There is not one central server controlling the flow of information updates; this does not complicate or duplicate work. There is no gatekeeper in this case since information flow is open and the third party is a facilitator who witnesses a transaction for you rather than executing it on the behalf of two parties and there is digital trust and this trust is added by multiple parties coming together to make a system come true. In simple terms, authorisation and authenticity of the transacting parties cannot be manipulated. However, the technical and social infrastructure underpinning the technology is still significantly underdeveloped. Numerous technical challenges must be overcome – including performance, scalability, privacy, security, interoperability and governance – if it is to live up to any of its promise. The current research is mainly focused on the feasibility of block chain technology and its awareness in health care, financial services and automotive sector

Key words: Block chain technology, digitalisation, different sectors

"Awareness and feasibility of block chain technology with special reference to various sectors", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.278-281, June-2019, Available :http://www.jetir.org/papers/JETIR1906041.pdf

"Awareness and feasibility of block chain technology with special reference to various sectors", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp278-281, June-2019, Available at : http://www.jetir.org/papers/JETIR1906041.pdf