block·chain
| \ ˈbläk-ˌchān
\
\
Definition of blockchain
: 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
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From the Editors at Merriam-Webster
Is it one word or two?
Is it one word or two?
27 words with commonly confused spacings
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Cite this Entry
“Blockchain.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blockchain. Accessed 11 Aug. 2022.
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Time Traveler for blockchain
The first known use of blockchain was in 2011
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