Phrases with «blockchain ledger»

A blockchain ledger is a secure and decentralized digital record-keeping system. It uses advanced cryptography and network consensus mechanisms to store and verify transactions or information. It ensures transparency, immutability, and reliability by distributing the ledger across multiple computers known as nodes. This technology is often associated with cryptocurrencies like Bitcoin but can be used for various applications that require transparency, security, and trust among different parties. Full definition

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Sentences with «blockchain ledger»

  • You can think of blockchain ledger as a stack of pages. (thenextweb.com)
  • A public blockchain ledger can keep reliable records of property titles, deeds and ownership changes as they occur. (lawpracticetoday.org)
  • The blocks, which are added every 10 minutes, serve as a record of all bitcoin transactions to create a permanent blockchain ledger. (fortune.com)
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