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blockchain
[ blok-cheyn ]
noun
, Computers.
- a structure used for a distributed or shared database consisting of discrete blocks of data, with each new block secured and connected to earlier ones by cryptography: used to create digital ledgers for cryptocurrency systems, among other things:
Several schools now offer courses in the technology behind blockchain.
Under the scheme, farmers would add information about their produce to a blockchain database that could quickly pinpoint contamination.
- a distributed or shared database created and populated using a structure consisting of discrete blocks of data, with each new block secured and connected to earlier ones by cryptography:
Once the transaction gets verified, it's recorded in the blockchain.
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Word History and Origins
Origin of blockchain1
First recorded in 2010–15; block ( def ) + chain ( def )
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Example Sentences
This record is known as the blockchain and is one of the features that helps keep the system secure from fraud and abuse.
From The Daily Beast
Then I just have to “retrieve payload” from Coinapult, trot on back over to Blockchain and BAM!
From The Daily Beast
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