Blockchain definition

Blockchain means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;
Blockchain means a distributed ledger that records transactions between parties in a verifiable and permanent way.
Blockchain means the distributed, public, digital ledger containing records (blocks) evidencing transactions and contracts, structured and signed via digital encrypted signatures in accordance with the Authorized Software, which blocks are.

Examples of Blockchain in a sentence

  • Blockchain transactions and smart contract execution: Transactions conducted on public blockchains, including those automatically executed by smart contracts, are generally considered irreversible once confirmed.

  • Further, each Member understands that posts to the Blockchain are beyond the power of any Party to remove.

  • Blockchain technology: Public blockchains and the technologies underlying cryptographic and public blockchain-based systems are experimental, inherently risky, and subject to change.

  • To the extent that any Message contains copyrightable elements, the Parties agree that any Message published to the Blockchain for any purpose shall be put in the Public Domain to the fullest extent permitted by law, and if it cannot be put in the Public Domain, it shall be put into the Creative Commons.


More Definitions of Blockchain

Blockchain means a mathematically cryptographically secured, chronological, and decentralized consensus ledger or consensus database, whether maintained via Internet interaction, peer-to-peer network, or otherwise other interaction.
Blockchain means a digital ledger or database which is
Blockchain means a digital ledger or database which is chronological, consensus-
Blockchain means a system in which records of transactions made in Digital Assets are maintained across several computers that are linked in a peer-to-peer network.
Blockchain means a cryptographically secured, chronological, and decentralized consensus ledger or consensus database maintained via internet, peer-to-peer network, or other similar interaction.
Blockchain means an electronic record created by the use
Blockchain means the private blockchain managed and operated by the DBS Group. “Branch” means any branch of DBS Bank Ltd., Singapore wherever located.