in simple terms what is the blockchain

Last Updated on September 7, 2023 by Paganoto

What is blockchain? | Euromoney Learning

What is blockchain? | Euromoney Learning

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.

What Is a Blockchain? How Does It Work? – Investopedia

What Is a Blockchain? How Does It Work? – Investopedia

What Is a Blockchain in Simple Terms? Simply put, a blockchain is a shared database or ledger. Pieces of data are stored in data structures known as blocks, and …

What is Blockchain Technology? – IBM

What is Blockchain Technology? – IBM

Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.

Blockchain Explained in Layman's Terms – Level Up Coding

Blockchain Explained in Layman's Terms – Level Up Coding

In other words, the blockchain is a shared transaction log with a non-editable history and built-in security. The simplest comparison is to an accounting record …

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

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

A blockchain is a digital ledger or database where encrypted blocks of digital asset data are stored and chained together, forming a …

What Is a Blockchain? The Simple Explanation – TheStreet

What Is a Blockchain? The Simple Explanation – TheStreet

A blockchain is a form of database, more specifically a distributed database. · The data stored on a blockchain are cryptocurrency transactions.

Blockchain explained… in under 100 words – Deloitte

Blockchain explained… in under 100 words – Deloitte

Imagine a shared computer accessible to anyone, a single source of truth within which to store events, ownership and activities, and to execute workflow …

What Is Blockchain and How Does It Work? – Synopsys

What Is Blockchain and How Does It Work? – Synopsys

A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be …

What is blockchain and how does it work? – TechTarget

What is blockchain and how does it work? – TechTarget

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. Each …