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Tech & Science dictionary results for blockchain

blockchain

American  
[blok-cheyn] / ˈblɒkˌtʃeɪn /

noun

Computers.
  1. 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.

  2. 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.


Etymology

Origin of blockchain

First recorded in 2010–15; block ( def. ) + chain ( def. )

Explanation

A blockchain is a shared computer database that's mainly used for keeping records of cryptocurrency transactions. When someone buys or sells Bitcoin, they use a blockchain to safely record the details. A blockchain works like a shared spreadsheet, with data entered into separate cells or columns. The special thing about blockchain is that once information is put into each block, it can't be changed, making it an extremely secure way to store data. The name blockchain comes from the blocks of data, linked together in chains through cryptography.

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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Some elements of that orchestration “will probably not be on cards,” he explained, but rather on blockchain rails or account-to-account rails, which are used to help money flow directly from one bank account to another.

From MarketWatch • May 25, 2026

But the threat extends far beyond blockchain technology, which has gained traction at top banks like Goldman Sachs and JPMorgan Chase.

From Barron's • May 22, 2026

On May 17, Trade.xyz, a perpetual futures exchange built atop the Hyperliquid blockchain, launched a pre-IPO perpetual futures contract for SpaceX.

From MarketWatch • May 20, 2026

But blockchain data shows a small group of token holders dominate votes.

From The Wall Street Journal • May 18, 2026

Although bitcoin users don’t have to use their real names on the blockchain, its public ledger has made the token increasingly easy to trace.

From The Wall Street Journal • May 14, 2026

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