blockchain

[US]/ˈblɒkˌtʃeɪn/
[UK]/ˈblɑːkˌcheɪn/
Frequency: Very High

Translation

n.A distributed ledger technology where transactions are grouped into blocks and linked together cryptographically.

Phrases & Collocations

blockchain technology

decentralized blockchain

blockchain applications

blockchain security

blockchain mining

blockchain transactions

public blockchain network

private blockchain solution

blockchain consensus mechanism

Example Sentences

blockchain technology is revolutionizing the finance industry.

many companies are exploring blockchain solutions for supply chain management.

blockchain can enhance security and transparency in transactions.

the use of blockchain is growing in various sectors, including healthcare.

smart contracts on the blockchain automate agreements between parties.

investors are keen on blockchain startups due to their potential.

blockchain can help in tracking the provenance of goods.

decentralized finance (defi) relies heavily on blockchain technology.

blockchain's immutability ensures data integrity.

many governments are considering regulations for blockchain applications.

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