Blockchain Facts: What Is It, How It Works, and How It Can Be Used
WEB4 days ago · A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies and NFTs.
Blockchain - Wikipedia
WEBA blockchain is a decentralized, distributed, and often public, digital ledger consisting of records called blocks that are used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks. [3][20] This allows the participants to verify and audit transac...
What Is Blockchain? | IBM
WEBBlockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).
Blockchain Definition & Meaning - Merriam-Webster
WEBThe meaning of BLOCKCHAIN is a digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network; also : the technology used to create such a …
Blockchain: What It Is, How It Works, Why It Matters | Built In
WEBBlockchain is an immutable digital ledger that enables secure transactions across a peer-to-peer network. It records, stores and verifies data using decentralized techniques to eliminate the need for third parties, like banks or governments.
What is blockchain and how does it work? - Encyclopedia Britannica
WEBBlockchain is a distributed ledger database system whose technologies can change the way businesses and governments operate. The capacity to make transactions without intermediaries and the immutability of all recorded data are among blockchain’s most unique and defining features.
What is blockchain technology? | McKinsey - McKinsey & Company
WEBJun 6, 2024 · A blockchain is a type of distributed database or ledger, which means the power to update a blockchain is distributed between the nodes, or participants, of a public or private computer network. This is known as distributed ledger technology (DLT).
What Is Blockchain Technology? - CoinDesk
WEBSep 19, 2022 · In its simplest form, a blockchain is a distributed list of transactions that is constantly updated and reviewed. Also known as distributed ledger technology (DLT), it can be programmed to record...
Explainer: What is a blockchain? | MIT Technology Review
WEBApr 23, 2018 · A mathematical structure for storing data in a way that is nearly impossible to fake. It can be used for all kinds of valuable data. Who created the first blockchain?...
Blockchain | Definition, Example, & Transactions | Britannica …
WEBAug 21, 2024 · Blockchain is a database technology that relies on a ledger that is distributed throughout a computer network and whose records are known as blocks. Blockchain was devised as part of the architecture of the cryptocurrency Bitcoin in 2009.