: 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.
Tokenized versions of stocks, sometimes called bStocks on platforms built for them, settle on blockchain rails instead of the traditional clearing system. Malana Vantyler, jsonline.com, 11 Aug. 2026 The token tied to the Chainlink blockchain could rocket more than 2,400% from current levels, fueled by the growth of tokenization of stocks and other real assets, a bold forecast from Standard Chartered states. Tanaya MacHeel, CNBC, 10 Aug. 2026 An early version of the Orb, which looked like a miniature Death Star, spat out physical coins, like a slot machine, presumably to make the point about the quid pro quo to people who might not quite comprehend blockchain. Jill Lepore, New Yorker, 10 Aug. 2026 As such, the use of blockchain for property records and transactions may offer specific advantages for local investors. K.h. Koehler, Ascend Agency, 6 Aug. 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 20 Aug. 2026.

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