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Blockchain is just a digital ledger, a digitized record of whatever data is added by its members, with no ability to verify the accuracy of the underlying data itself.
The blockchain is a digital ledger that records every bitcoin transaction that has ever occurred.
A blockchain is a digital ledger that records transactions or other data over time.
While the technology does underpin the currency, the digital ledger can be used for plenty else.
This will create a powerful distributed permanent digital ledger that is accessible across heterogeneous systems.
In the context of bitcoin, the blockchain serves as a digital ledger.
We can treat bills as transactions and record them architecturally as 21st century digital ledger transactions.
Each unit of the virtual currency is nothing more than an entry on a digital ledger, just as most dollars and cents exist only as entries on a bank's digital ledger.
Financial institutions are putting resources into researching how they can use the blockchain, the currency's communal digital ledger, to make transactions faster and cheaper.
Dubbed "Verifiable Data Audit", the plan is to create a special digital ledger that automatically records every interaction with patient data in a cryptographically verifiable manner.
Bitcoin and other cryptocurrencies are based on a complicated technology known as blockchain, which acts like a digital ledger of all transactions completed with the currency.
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CEO of Professional Science Editing for Scientists @ prosciediting.com