Blockchain definition

Blockchain means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;

Split View

Blockchain means a distributed ledger that records transactions between parties in a verifiable and permanent way.

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.

Examples of Blockchain in a sentence

• As a decentralized autonomous organization limited liability company operating upon the XRP Blockchain, all of the DAO’s financial holdings are viewable by the Public at large.

• The DAO shall use best endeavours to maintain a publicly viewable Treasury where all deposits, withdrawals, holdings, and other types of transactions involving the DAO’s Digital Assets will be recorded on the XRPL Blockchain.

• Once Smart Contract functionality exists on the XRP Ledger (expected 2025 but no guarantee), all transactions involving the DAO’s Smart Contracts will be verified by the XRPL Network and recorded on the XRP Blockchain.

• Members have no rights to separately inspect or copy records of the DAO, and the DAO shall have no obligation to furnish any information concerning the DAO’s activities, financial condition, or other circumstances to the extent the information is publicly available and viewable on the XRP Blockchain, as per Wy. Stat.

• The Ethereum Blockchain introduced in 2015 establishes a Turing-complete2 distributed computing engine.

More Definitions of Blockchain

Blockchain means the distributed, public, digital ledger containing records (blocks) evidencing transactions and contracts, structured and signed via digital encrypted signatures in accordance with the Authorized Software, which blocks are.

Blockchain means a digital ledger or database which is chronological, consensus-

Blockchain means data that is:

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.

Blockchain means a digital ledger or database which is

Blockchain means a cryptographically secured, chronological, and decentralized consensus ledger or consensus database maintained via internet, peer-to-peer network, or other similar interaction.

Blockchain means a digital ledger or database that is chronological, consensus based,