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
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Carving a niche for itself in the crypto world, BNB Chain will continue to evolve with more advanced technologies and features, not merely as a crypto platform but as a revolutionary project in blockchain technology. Jon Stojan, Austin American-Statesman, 22 Nov. 2024 Crypto Confidential: Forbes' definitive guide to crypto and blockchain, delivered to your inbox every Saturday. Sebastian Widmann, Forbes, 21 Nov. 2024 Asian progress is why Fortune is publishing Fintech Innovators Asia, our inaugural list of the leading companies across five segments: blockchain and crypto; digital banking; payments; wealthtech; and insurtech. Jeff John Roberts, Fortune Asia, 6 Nov. 2024 Each account was funded by deposits from the same U.S. crypto exchange called Kraken, according to Arkham, a firm that analyzes blockchain and crypto activity. James Powel, USA TODAY, 6 Nov. 2024 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

Dictionary Entries Near blockchain

Cite this Entry

“Blockchain.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blockchain. Accessed 25 Nov. 2024.

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