The cyber attacks on banking and finance industry are increasing. We have witnessed the hacking of SWIFT network and payment gateways for stealing consumer data. Despite every effort of cyber security defense teams, the hackers can materialize the attacks. Just after two months of the economy crash in 2008, cryptocurrencies like Bitcoin, Ripple, Quark etc. became popular, and the backbone of these currencies is Blockchain. In this article let us discuss what Blockchain is? How does it work? What are its strengths? And how safe it is?