View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. What Is
August 16, 2016updated 07 Feb 2017 8:54am

What is Blockchain?

Blockchain is a type of distributed database that stores a permanent and tamper-proof ledger of transaction data.

By Hannah Williams

Blockchain is a shared public collection of financial accounts that stores a permanent and tamper-proof ledger of transaction data.

Blockchain can be viewed as a type of database that forms the underpinning for the digital currency Bitcoin. The technology provides an immutable, or un-changing record of transactions.

The databases consist of two types of records, individual transactions and blocks, which are all collections of data pertaining to the transactions within a set time period.

What mysterious character created Blockchain?

Content from our partners
Technology and innovation can drive post-pandemic recovery for logistics sector
How to engage in SAP monitoring effectively in an era of volatility
How to turn the evidence hackers leave behind against them
Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU