Last Updated on March 3, 2024 by Paganoto
How to explain blockchain in plain English
How to explain blockchain in plain English
David Schatsky, managing director at Deloitte: “A blockchain is a digital and distributed ledger of transactions or decentralized database that keeps continuously updated digital records in real-time across a network of computers.Jun 26, 2018
Explaining Blockchain in 1 Easy-to-Understand Sentence
Explaining Blockchain in 1 Easy-to-Understand Sentence
Each time a group of transactions, known as a block, is resolved and proven true, it’s added to the previously validated transactions, forming a …
Can you explain the blockchain in one sentence? – Quora
Can you explain the blockchain in one sentence? – Quora
Often described as a digital decentralized ledger, Blockchain is a pretty big concept that is hard to narrow down in one sentence.
Blockchain explained… in under 100 words – Deloitte
Blockchain explained… in under 100 words – Deloitte
The original Blockchain is open-source technology which offers an alternative to the traditional intermediary for transfers of the crypto-currency Bitcoin. The …
What is Blockchain Technology? – IBM
What is Blockchain Technology? – IBM
Blockchain is a shared, immutable ledger for recording transactions, tracking assets and building trust. Discover why businesses worldwide are adopting it. …
What is blockchain? | Euromoney Learning
What is blockchain? | Euromoney Learning
A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
Blockchain Definition & Meaning – Merriam-Webster
Blockchain Definition & Meaning – Merriam-Webster
The meaning of BLOCKCHAIN is a digital database containing information (such as records of financial transactions) that can be simultaneously used and …
Blockchain definition and meaning | Collins English Dictionary
Blockchain definition and meaning | Collins English Dictionary
uncountable noun. Blockchain is a system for storing records of transactions using digital currencies, that can be accessed by linked computers. The investment …
What Is Blockchain Technology? How Does It Work? – Built In
What Is Blockchain Technology? How Does It Work? – Built In
No one computer or organization can own the chain. Instead, it is a distributed ledger via the nodes connected to the chain. Blockchain nodes …
Blockchain explained – Reuters Graphics
Blockchain explained – Reuters Graphics
A blockchain is a database that is shared across a network of computers. Once a record has been added to the chain it is very difficult to …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.