Blockchain technology such as Bitcoin can not just reduce but in fact eliminate corruption, as blockchain is a shared ledger which is shared either publicly or privately between multiple entities. All transactions are recorded on the blockchain, and once added these records cannot be deleted or updated, i.e they remain in the blockchain forever.Moreover, all these records are available for anyone on the network, that is anyone can view and verify these transactions. Therefore since everyone knows all the transactions that have happened in the past, there is no way to cheat the system. That is why, it is known as a trustless trust system. Blockchain provides a secure, efficient and trustworthy way of working. It is because of these advantages that organisations are interested in the blockchain, already a number of banks have invested in blockchain technology. There are various companies that are helping businesses to apply blockchain in different areas. For example in India as well, companies, like BlockSmiths, a consultancy helping businesses to utilise blockchain technology are coming up. Seeing the elevated interest in blockchain in the recent years, it can be said that blockchain has a promising future, and we can all look forward to a significant decrease in corruption.