Phrases with «immutable ledger»

An immutable ledger refers to a record-keeping system that cannot be changed or altered once information is added to it. It ensures that once data is recorded, it stays permanent and cannot be manipulated or modified. This adds transparency, security, and trust to the ledger, making it reliable for various purposes such as financial transactions or storing important information. Full definition

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Sentences with «immutable ledger»

  • Blockchain is a shared, immutable ledger for recording the history of transactions. (ibm.com)
  • This is because these parties «need a means to quickly correct errors on the blockchain,» which is not possible when using a blockchain - based system that creates immutable ledgers. (businessinsider.com)
  • While outside crypto development the «move fast and break things» mantra is hailed, when working with immutable ledgers a little more caution is required. (lbx.com)
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