blockchain

noun

block·chain ˈbläk-ˌchān

: 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 database

The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. —

Marco Iansiti and Karim R. Lakhani

Examples of blockchain in a Sentence

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My book Brain Rush compares generative AI to previous hype-rich technologies such as the world wide web, blockchain, and virtual reality. —

Peter Cohan, Forbes, 16 Dec. 2024 Another basic ownership right that blockchains can enforce is identity. —

Chris Dixon, WIRED, 11 Dec. 2024 Phishing scams are also rampant in the blockchain world. —

Kurt Knutsson, Cyberguy Report, Fox News, 11 Dec. 2024 More than just a network, Decentralized Masters functions as a mastermind group, uniting a diverse array of DeFi and blockchain experts. —

Chris Gallagher, USA TODAY, 10 Dec. 2024 See all Example Sentences for blockchain