Blockchain definition

Blockchain means software operating a distributed ledger which is maintained by a network of computers, and that records all transactions in a Digital Asset in theoretically unchangeable data packages known as blocks, each of which are timestamped to reference the previous block so that the blocks are linked in a chain that evidences the entire history of transactions in the Digital Asset.
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Blockchain means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;
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Blockchain means a distributed ledger that records transactions between parties in a verifiable and permanent way.
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Examples of Blockchain in a sentence

  • If Exanorth has not (i) made the advance payment set out in Clause 1.3 above, and (ii) transferred shares in Bitzero Blockchain Inc in accordance with Clause 2 above by the end of 30 November 2024, the Agreement and the SPA shall be considered null and void unless the Parties agree otherwise.

  • Exanorth shall procure the transfer of shares in Bitzero Blockchain Inc.

  • However, if such termination takes place after Exanorth has (i) made the advance payment set out in Clause 1.3 above, and (ii) transferred shares in Bitzero Blockchain Inc in accordance with Clause 2 above, the Success Fee set out in the Master Agreement shall not continue to apply in the event that this Agreement is terminated.

  • The Buyer is a subsidiary of BitZero Blockchain Inc, a Canadian company involved in the business of mining Bitcoins.

  • The SPA shall be entered into on market terms, and the purchase price for the shares in the Company shall include both a cash payment of NOK 2,000,000 and the transfer of one million shares in Bitzero Blockchain Inc..


More Definitions of Blockchain

Blockchain means data that is:
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Blockchain or “Digital Asset Blockchain” shall mean the public transaction ledger of the Digital Asset Network on which transactions in Digital Asset are recorded.
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Blockchain means a digital ledger or database which is chronological, consensus-
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Blockchain means a system in which records of transactions made in Digital Assets are maintained across several computers that are linked in a peer-to-peer network.
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Blockchain means a cryptographically secured, chronological, and decentralized consensus ledger or consensus database maintained via internet, peer-to-peer network, or other similar interaction.
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Blockchain means a digital ledger or database which is
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Blockchain means a mathematically cryptographically secured, chronological, and decentralized consensus ledger or consensus database, whether maintained via Internet interaction, peer-to-peer network, or otherwise other interaction.
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