what is blockchain technology in simple words

Last Updated on February 24, 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 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.

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

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

Simply put, a blockchain is a shared database or ledger. Pieces of data are stored in data structures known as blocks, and each node of the network has an exact …

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

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

Blockchain technology is a decentralized, distributed ledger that stores the record of ownership of digital assets.

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.

How Does Blockchain Work? Everything You Need to Know …

How Does Blockchain Work? Everything You Need to Know …

What Is Blockchain Technology?

Blockchain Technology Explained: Introduction, Meaning, and …

Blockchain Technology Explained: Introduction, Meaning, and …

In the simplest terms, Blockchain can be described as a data structure that holds transactional records and while ensuring security, …

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 …

Making sense of bitcoin, cryptocurrency and blockchain – PwC

Making sense of bitcoin, cryptocurrency and blockchain – PwC

A blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Using this technology, participants can confirm transactions without a …