Information sharing has become the cornerstone of our daily activity. It has many modes like in the case of sharing information between two different companies, departments within an organization or among a group of individuals. When this information sharing becomes a requirement as part of a business process, it becomes all the more necessary to nurture it effectively. This greatly assists in improving the efficiency of the process and conducting audits when the need arises. Blockchain is one of those emerging technologies which is finding newer applications every day and many of these applications are addressing the problem of authentic information sharing.