What is Blockchain?


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?

Name of Technology:


Year Introduced:


Invented by :

Satoshi Nakamoto

Open Source or Proprietary:

Open source

Main technology category:




Previous ArticleWhat is MATLAB?
Next ArticleWhat is E3?
Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *


  • Favorite list is empty.
FavoriteLoadingClear favorites

Your favorite posts saved to your browsers cookies. If you clear cookies also favorite posts will be deleted.