blockchain

noun

block·​chain ˈbläk-ˌchān How to pronounce blockchain (audio)
: 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

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Too often, blockchain technology is overshadowed by the get-rich-quick schemes and speculative fervor of a few bad actors. Bryan Benson, Forbes, 19 Feb. 2025 Still, a few clues emerged on the blockchain, a public ledger of crypto transactions. David Yaffe-Bellany, New York Times, 19 Feb. 2025 Various types of blockchain networks exist, each designed for specific use cases, from financial transactions to supply chain management and beyond. Peter Green, Quartz, 2 Feb. 2025 This integration of blockchain with gaming creates a seamless bridge between virtual and real-world economies, fostering new levels of immersion and interactivity. Michele Zanello, Rolling Stone, 28 Jan. 2025 See All Example Sentences for blockchain

Word History

First Known Use

2011, in the meaning defined above

Time Traveler
The first known use of blockchain was in 2011

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Cite this Entry

“Blockchain.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blockchain. Accessed 3 Mar. 2025.

Last Updated: - Updated example sentences
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