: a digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network
also : the technology used to create such a database
The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. —Marco Iansiti and Karim R. Lakhani

Examples of blockchain in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The denial comes as blockchain analytics firms trace billions of dollars in cryptocurrency stolen from Binance through thousands of wallets across multiple blockchains. — Jenny Lee, CNBC, 3 Nov. 2026 The real financial innovation is not simply putting club equity on a blockchain. — Julian La Picque, Forbes.com, 30 Oct. 2026 The convergence between traditional and blockchain-based worlds of finance continues to accelerate. — Jeff John Roberts, Fortune, 22 Oct. 2026 Lyall works as a chief product officer at a blockchain company. — Jacob Feldman, Sportico.com, 13 Oct. 2026 See All Example Sentences for blockchain

Word History

First Known Use

2011, in the meaning defined above

Time Traveler
The first known use of blockchain was in 2011

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Cite this Entry

“Blockchain.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blockchain. Accessed 10 Nov. 2026.

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