Blockchain (Dictionary Entry)

Owned by David Doret
31-02-2020
1 min read

Contexts

Cryptography, IAM

Term

Blockchain

Definitions

Blockchain: A ‘blockchain’ is a particular type of data structure used in some distributed ledgers which stores and transmits data in packages called “blocks” that are connected to each other in a digital ‘chain’. Blockchains employ cryptographic and algorithmic methods to record and synchronize data across a network in an immutable manner.

(World Bank Group and GPFI, 2018 , p. vii)

See Also

 

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