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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Other stocks linked to Trump are Phunware , a mobile software and blockchain company, along with Rumble , a video platform popular with conservatives. —

Fred Imbert, CNBC, 5 Nov. 2024 In essence, blockchains can make sure promises will be kept. —

Thomas G. Moukawsher, Newsweek, 5 Nov. 2024 Decentralized prediction markets have become a compelling real-world application for blockchain. —

Marie Poteriaieva, Forbes, 5 Nov. 2024 As lawmakers continue to weigh how to regulate a new wave of digital assets and financial technologies, Rep. Nickel noted blockchain technology as a potential area of interest for the federal government to modernize payments. —

Emily Hamilton, Axios, 31 Oct. 2024 See all Example Sentences for blockchain