Blockchain technology is an up-to-date method that makes financial transactions between parties easier and more secure. The financial industry is currently the target of the majority of frauds. The most important objective of this effort is to eliminate obstacles associated with financial transactions. Because this team can automatically traverse the network, they are able to concentrate on only one point, which is the computer that serves as the server. To reduce the risk of a server being hacked, the infrastructure supporting the database servers would be removed, and the data would be distributed using blockchain technology. In order to establish a legitimate blockchain, we make use of the SHA256 algorithm to produce a 256-bit hash value that is completely unique, as well as the proof of work consensus mechanism. It is safe to state that blockchain technology through Bitcoin has had and will continue to have a significant impact on the world in the future years. This is especially true given the fact that a large number of people are working relentlessly to overcome the numerous limitations that are preventing blockchains from becoming mainstream. One such drawback is that the Proof-of-Work consensus system incurs substantial processing and electricity expenses. These costs are a direct result of the protocol