Sentences with phrase «digital transaction log»

Not exact matches

Blockchain, the technology underlying bitcoin and other digital currencies, is an anonymous, decentralized public log that records all transactions.

On the surface, blockchain technology enables distributed, encrypted and secure logging of digital transactions.

The key to maintaining the integrity of that system is a digital ledger that time - stamps transactions by logging them into an ongoing chain of record, providing proof of all transactions on the network.

What blockchain technology provides is its unmodifiable digital ledger which logs every single digital transaction.

You know blockchain by now: the immutable digital ledger technology behind Bitcoin which logs all transactions and is distributed across a network of personal computers, free from the vulnerabilities (and corruptibility) of a centralised hub or authority.