Definition of blockchain technology

All Time (42 Results) Past 24 Hours Past Week Past month Submit Your Post

Related Search

Listing Results Definition of blockchain technology

What Is Blockchain Technology? IBM

Blockchain Ibm.com Show details

Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and …

Category: Bitcoin and blockchain explainedShow more

Definition Of BLOCKCHAIN MerriamWebster

Decentralized Merriam-webster.com Show details

Blockchain definition is - 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. How to use blockchain in a sentence.

Category: Blockchain explained simplyShow more

Blockchain Definition: What You Need To Know Investopedia

Always Investopedia.com Show details

Blockchain technology accounts for the issues of security and trust in several ways. First, new blocks are always stored linearly and chronologically. That is, they are always added to …

Category: Simple definition of blockchainShow more

Blockchain Definition: Everything You Need To Know

Financial 101blockchains.com Show details

Another great fact in the blockchain technology definition timeline is the rise of financial companies using the network. At first, financial companies were highly skeptical as it loses their grip on centralized systems. However, due to the benefits of the tech, now 15% of financial companies use it. And it’s on the rise.

Estimated Reading Time: 6 mins

Category: Simple definition of blockchain technologyShow more

What Is Blockchain Technology? Blockchain Definition …

Where Freecodecamp.org Show details

Blockchain is a Decentralized Technology, by design. When something is controlled by a central authority, where the power to make decision lies in the hands of the apex of the management, such system is called a Centralized System. Banks, for example, are a centralized system, where it’s the responsibility of the Governor to make decisions.

Estimated Reading Time: 4 mins

Category: What is blockchain technologyShow more

Blockchain For Beginners: What Is Blockchain Technology? A …

Blockchain Blockgeeks.com Show details

Blockchain 101: Blockchain For Beginners. Blockchain technology is the concept or protocol behind the running of the blockchain. Blockchain technology makes cryptocurrencies (digital currencies secured by cryptography) like Bitcoin work just like the internet makes email possible.. The blockchain is an immutable (unchangeable, meaning a …

Category: Blockchain defined simplyShow more

Blockchain NIST

Transactional Nist.gov Show details

Blockchain represents a new paradigm for digital interactions and serves as the underlying technology for most cryptocurrencies. A blockchain is a collaborative, tamper-resistant ledger that maintains transactional records. The transactional records (data) are grouped into blocks.

Estimated Reading Time: 2 mins

Category: Blockchain technology wikiShow more

Blockchain Definition Tech Terms

TechTermscom Techterms.com Show details

The definition of Blockchain on this page is an original TechTerms.com definition. If you would like to reference this page or cite this definition, you can use the green citation links above. The goal of TechTerms.com is to explain computer terminology in a way that is easy to understand.

Category: Blockchain explainedShow more

Blockchain What Is Blockchain Technology? Phemex

Individuals Phemex.com Show details

History of Blockchain. The earliest mention of a blockchain-like technology dates back to a 1982 paper titled “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups”. Further updates and improvements to the concept were described by various individuals in 1991 and then in 1992.

Estimated Reading Time: 7 mins

Category: BlockchainShow more

What Is Blockchain And How Does It Work?

System Searchcio.techtarget.com Show details

Blockchain is a record-keeping technology designed to make it impossible to hack the system or forge the data stored on it, thereby making it secure and immutable. It is a type of distributed ledger technology (DLT), a digital system for recording transactions and related data in multiple places at the same time.

Estimated Reading Time: 10 mins

Category: BlockchainShow more

What Is Blockchain Technology? How Does It Work? Built In

Blockchain Builtin.com Show details

Blockchain technology is most simply defined as a decentralized, distributed ledger that records the provenance of a digital asset. By inherent design, the data on a blockchain is unable to be modified, which makes it a legitimate disruptor for industries like …

Category: BlockchainShow more

BlockChain Technology UC Berkeley Sutardja Center

Technology Scet.berkeley.edu Show details

Blockchain technology is finding applications in wide range of areas—both financial and non-financial . Financial institutions and banks no longer see blockchain technology as threat to traditional business models. The world’s biggest banks are in fact looking for opportunities in this area by doing research

File Size: 1MB
Page Count: 35

Category: BlockchainShow more

Definition Of Blockchain Gartner

Transactional Gartner.com Show details

Blockchain. A blockchain is an expanding list of cryptographically signed, irrevocable transactional records shared by all participants in a network. Each record contains a time stamp and reference links to previous transactions. With this information, anyone with access rights can trace back a transactional event, at any point in its history

Category: BlockchainShow more

Blockchain Explained In Under 100 Words Strategy & Operations …

Intermediary Www2.deloitte.com Show details

The original Blockchain is open-source technology which offers an alternative to the traditional intermediary for transfers of the crypto-currency Bitcoin. The intermediary is replaced by the collective verification of the ecosystem offering a huge degree of traceability, security and speed.

Email: [email protected]
Occupation: Partner

Category: BlockchainShow more

What Is Blockchain Technology: Definition & Why To Use It? …

Store Intellipaat.com Show details

Blockchain Technology Explained: The Blockchain Definition. Blocks store primary information about transactions, such as date, time, and purchase amount of your last transaction; They store information about who the participating entities are in transactions. A block for your purchase from a vendor would record your name.

Estimated Reading Time: 9 mins

Category: Blockchain, Us DollarShow more

What Is Blockchain Technology Blockchain Explained Simply Do …

Blockchain Docryptocurrency.com Show details

Because blockchain is such a new technology, there’s no real official definition. But blockchain can be summed up as follows: Blockchain technology is a continuously growing electronic ledger (a history of transactions) that is distributed and decentralized across many different nodes (computers and servers) that cannot be altered or tampered

Category: BlockchainShow more

Blockchain 101: Definition, Explanation, Pros & Cons Business …

Provides Businessinsider.com Show details

"Blockchain technology provides a solution to the challenges of storing, managing, and protecting data. It provides a useful and secure way of authenticating information, identities, transactions

Category: Blockchain, Us DollarShow more

Blockchain Definition And Technology IBusinessTube

Blockchain Ibusinesstube.com Show details

Blockchain Definition And Technology – iBusinessTube. Blockchain technology was invented by a person (or group of people) using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency Bitcoin. This invention made Bitcoin the first digital currency to solve the double-spending problem without the need

Category: Blockchain, Us DollarShow more

Blockchain Explained: What Is Blockchain? Euromoney

Blockchain Euromoney.com Show details

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.

Category: Blockchain, Euro Eur, Eur RateShow more

A Simple Explanation Of How Blockchain Works By Paul Dughi …

Digital Medium.com Show details

Blockchain is the technology the underpins digital currency (Bitcoin, Litecoin, Ethereum, and the like). The tech allows digital information to …

Estimated Reading Time: 3 mins

Category: BlockchainShow more

What Is A Blockchain? Definition & An Understandable Explanation …

Blockchain Crypto-news-flash.com Show details

The often colloquially used term blockchain technology refers to an architecture in the actual sense, which consists of the blockchain data structure, a blockchain algorithm and cryptography as well as security technologies. Essentially, the blockchain represents a new paradigm for the way information is shared and stored.

Estimated Reading Time: 10 mins

Category: BlockchainShow more

What Is Blockchain Technology? HedgeTrade Blog

Blockchain Hedgetrade.com Show details

Blockchain Technology Definition A blockchain is a ledger that can record transactions in an open and public way without storing the personal data of its users. The computing power for a blockchain is distributed (“decentralized”) across many computer servers who all run the software (and sometimes hardware) for the blockchain ledger.

Estimated Reading Time: 10 mins

Category: BlockchainShow more

What Is Blockchain Technology And How Does It Work? …

Blockchain Simplilearn.com Show details

Blockchain is the technology capable of supporting various applications related to multiple industries like finance, supply chain, manufacturing, etc., but Bitcoin is a currency that relies on Blockchain technology to be secure. Blockchain is an emerging technology with many advantages in an increasingly digital world:

Estimated Reading Time: 8 mins

Category: BlockchainShow more

Blockchain Technology Overview NIST

Blockchain Nvlpubs.nist.gov Show details

technology, this paper aims to describe the method behind the magic (i.e., how blockchain technology works). Arthur C. Clarke once wrote, “Any sufficiently advanced technology is indistinguishable from magic” [1]. Clarke’s statement is a perfect representation for the emerging applications of blockchain technology. There is hype around

File Size: 754KB
Page Count: 68

Category: BlockchainShow more

Blockchain Technology Definition & Meaning In Stock Market With …

Known Kalkinemedia.com Show details

Blockchain Technology is also known as the Distributed Ledger Technology that stores transactional records of the public in multiple databases connected via peer-to-peer node. The transactional record in blockchain technology is known as a block. The blocks are in multiple databases, called chains, and the storage is known as a digital ledger.

Category: Blockchain, Stock MarketShow more

Blockchain Definition Bankrate

Blockchain Bankrate.com Show details

Blockchain is the core technology for cryptocurrencies like bitcoin. A blockchain ensures the integrity of a cryptocurrency by encrypting, validating, and permanently recording transactions.

Category: BlockchainShow more

Blockchain 101 Blockchain Technology & DLT Explained R3

Happened R3.com Show details

Blockchain technology enables everyone involved in a transaction to know with certainty what happened, when it happened, and confirm other parties are seeing the same thing without the need for an intermediary providing assurance, and without a need to reconcile data afterwards.

Category: BlockchainShow more

Blockchain 2021 Legislation National Conference Of State …

Blockchain Ncsl.org Show details

Blockchain 2021 Legislation. Blockchain is a distributed ledger technology that records and shares every transaction that occurs in the network of users. One example of how blockchain works is in a sales transaction using distributed ledger technology and a digital currency as payment in the transaction. In this example, the buyer initiates the

Category: BlockchainShow more

WHITEPAPER Blockchain: Powering The Internet Of Value

Transaction Blockchainlab.com Show details

Blockchain technology was first developed to provide an alternative approach to payments, by using 1 Transaction definition The “Sender” creates a transaction and transmits it to the network. The transaction message includes details of the Receiver’s public address,

Category: BlockchainShow more

What Is A Blockchain? Deloitte

Blockchain Www2.deloitte.com Show details

What is in a blockchain? Despite its apparent complexity, a blockchain is just another type of database for recording transactions – one that is copied to all of the computers in a participating network.21 A blockchain is thus sometimes referred to as a ‘distributed ledger’. Data in a blockchain is stored in fixed structures called

Category: BlockchainShow more

Blockchain Tutorial Java

Blockchain Javatpoint.com Show details

Blockchain Tutorial. Blockchain Tutorial provides basic and advanced concepts of blockchain. Blockchain is a constantly growing ledger that keeps a permanent record of all the transactions that have taken place in a secure, chronological, and immutable way. It can be used for the secure transfer of money, property, contracts, etc. without requiring a third-party intermediary …

Category: BlockchainShow more

What Blockchain Is In Layman’s Terms Tutorials Ihodl.com

Reduction Ihodl.com Show details

So, blockchain is by definition independent, transparent, and secure. The advantages of such a distributed ledger are obvious: being it cost and risk reduction, data security, or transactions transparency, companies from most industries can surely benefit from this new technology.

Estimated Reading Time: 7 mins

Category: BlockchainShow more

What Is Mining? Techopedia.com

Known Techopedia.com Show details

Mining, in the context of blockchain technology, is the process of adding transactions to the large distributed public ledger of existing transactions, known as the blockchain. The term is best known for its association with bitcoin, though other technologies using the blockcahin employ mining. Bitcoin mining rewards people who run mining

Estimated Reading Time: 1 min

Category: BlockchainShow more

Where Is Current Research On Blockchain Technology?—A …

Blockchain Journals.plos.org Show details

Blockchain is a decentralized transaction and data management technology developed first for Bitcoin cryptocurrency. The interest in Blockchain technology has been increasing since the idea was coined in 2008. The reason for the interest in Blockchain is its central attributes that provide security, anonymity and data integrity without any third party …

Publish Year: 2016
Author: Jesse Yli-Huumo, Deokyoon Ko, Sujin Choi, Sooyong Park, Kari Smolander
Estimated Reading Time: 10 mins

Category: BlockchainShow more

Ano Ang Blockchain Technology? Kraken

Costs Kraken.com Show details

Blockchain technology could help reduce the barriers formed from these different systems, removing certain costs and potential points of failures along the way. Record-Keeping Records today, be it health care, real estate or voting, are often maintained by centralized data centers, which brings added costs and risks to the entities entrusted

Category: BlockchainShow more

Blockchain (Distributed Ledger) Techopedia

Blockchain Techopedia.com Show details

Blockchain can be thought of as a distributed database technology that's maintained by multiple computers in a network. The security of this system is based on the idea that the financial cost of conducting a fraudulent transaction will …

Estimated Reading Time: 4 mins

Category: BlockchainShow more

Blockchain Technology Explained: Introduction, Meaning, And …

Network Hackernoon.com Show details

Blockchain technology allows all the network participants to reach an agreement, commonly known as consensus. All the data stored on a blockchain is recorded digitally and has a common history which is available for all the network participants. This way, the chances of any fraudulent activity or duplication of transactions is eliminated

Category: BlockchainShow more

Making Sense Of Bitcoin, Cryptocurrency And Blockchain PwC

Blockchain Pwc.com Show details

Blockchain isn’t a cure-all, but there are clearly many problems for which this technology is the ideal solution. For a deeper dive on specific topics related to blockchain , we recommend: A strategist’s guide to blockchain examines the potential benefits of this important innovation—and also suggests a way forward for financial institutions.

Category: Blockchain, BitcoinShow more

Full Text Financial Innovation

Research Jfin-swufe.springeropen.com Show details

Blockchain is considered by many to be a disruptive core technology. Although many researchers have realized the importance of blockchain, the research of blockchain is still in its infancy. Consequently, this study reviews the current academic research on blockchain, especially in the subject area of business and economics. Based on a systematic review of the …

Publish Year: 2019
Author: Min Xu, Xingtong Chen, Gang Kou
Estimated Reading Time: 8 mins

Category: BlockchainShow more

Block Chain Technology INSIGHTSIAS

Blockchain Insightsonindia.com Show details

Benefits of blockchain technology: As a public ledger system, blockchain records and validate each and every transaction made, which makes it secure and reliable. All the transactions made are authorized by miners, which makes the transactions immutable and prevent it from the threat of hacking. Blockchain technology discards the need of any

Estimated Reading Time: 2 mins

Category: BlockchainShow more

Bitcoin And Blockchain Is The Definition Of Traceability And Was …

Blockchain Reddit.com Show details

Bitcoin and blockchain is the definition of traceability and was created by the establishment!! Close. 58. Posted by 2 days ago. Bitcoin and blockchain is the definition of traceability and was created by the establishment!! I have been into crypto currency’s for a while now and know a good deal about how blockchain technology works. To

Category: Blockchain, BitcoinShow more

What Is Blockchain Technology? Kraken

Costs Kraken.com Show details

Blockchain technology could help reduce the barriers formed from these different systems, removing certain costs and potential points of failures along the way. Record-Keeping Records today, be it health care, real estate or voting, are often maintained by centralized data centers, which brings added costs and risks to the entities entrusted

Category: BlockchainShow more

Please leave your comments here:

New Stores

Frequently Asked Questions

Which are examples of blockchain technology?

30+ Real Examples Of Blockchain Technology In Practice Entertainment. ‌ KickCity -Platform for event organizers that enables them to pay only for what they get, and rewards community members by sharing those events. Retail. ... Exotic Cars. ... Supply chains and logistics. ... Insurance. ... Healthcare. ...

What exactly is blockchain technology?

Blockchain technology is an invention that can be thought of as a ledger that keeps a record of economic transactions or anything of value. Each group of transactions that is made on a blockchain is referred to as a block, with each block then being combined chronologically to form a chain, hence the term blockchain.

What makes blockchain a secure technology?

Another characteristic of blockchain that makes it secured is that it is decentralized and distributed to users across the globe. This peer-to-peer network is kept in sync and updated real-time. And since the blockchain is not stored on a single server or a central location, hackers don't have a single point of access.

What is blockchain technology all about?

Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary.

Maybe you want to know