The contemporary world is encircled by innovations. People continuously look for new breakthroughs, new ideas, and new experiences that could smartly modify their standard of living. We have witnessed a ground breaking impact of the evolving technologies on individuals as well as businesses such as blockchain technology creating a digital record that verifies any transaction at a certain time and sequence, and AI enabling new ways to interact with consumers via chat bots and artificial personal assistants. Previously, companies had to compete within their respective localities. Now, this competition is on a global scale and this increasing competition, due to evolution of new technologies, has brought along with it the need to inculcate innovation for businesses………
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