Blockchain is currently one of the fastest-growing technologies in the field of Computer Science. It has found a prevalent use in financial applications like cryptocurrency, for example, Bitcoin and Ethereum. They have been able to bring an unforeseen disruption in the field of finance. However, permissionless Blockchains like these have some downsides, namely the computation cost of the Proof of Work algorithm, maximum allowed size for a block, decrease in intelligibility with the increase of t...