💻IT: Blockchain (Definitions)

"A block chain is a perfect place to store value, identities, agreements, property rights, credentials, etc. Once you put something like a Bit coin into it, it will stay there forever. It is decentralized, disinter mediated, cheap, and censorship-resistant." (Kirti R Bhatele et al, "The Role of Artificial Intelligence in Cyber Security", 2019)

"A system made-up of blocks that are used to record transactions in a peer-to-peer cryptocurrency network such as bitcoins." (Murad Al Shibli, "Hybrid Artificially Intelligent Multi-Layer Blockchain and Bitcoin Cryptology", 2020)

"A chain of blocks containing data that is bundled together. This database is shared across a network of computers (so-called distributed ledger network). Each data block links to the previous block in the blockchain through a cryptographic hash of the previous block, a timestamp, and transaction data. The blockchain only allows data to be written, and once that data has been accepted by the network, it cannot be changed." (Jurij Urbančič et al, "Expansion of Technology Utilization Through Tourism 4.0 in Slovenia", 2020)

"A system in which a record of transactions made in Bitcoin or another cryptocurrency is maintained across several computers that are linked in a peer-to-peer network. Amany M Alshawi, "Decentralized Cryptocurrency Security and Financial Implications: The Bitcoin Paradigm", 2020)

"An encrypted ledger that protects transaction data from modification." (David T A Wesley, "Regulating the Internet, Encyclopedia of Criminal Activities and the Deep Web", 2020)

"Blockchain is a decentralized, immutable, secure data repository or digital ledger where the data is chronologically recorded. The initial block named as Genesis. It is a chain of immutable data blocks what has anonymous individuals as nodes who can transact securely using cryptology. Blockchain technology is subset of distributed ledger technology." (Umit Cali & Claudio Lima, "Energy Informatics Using the Distributed Ledger Technology and Advanced Data Analytics", 2020)

"Blockchain is a meta-technology interconnected with other technologies and consists of several architectural layers: a database, a software application, a number of computers connected to each other, peoples’ access to the system and a software ecosystem that enables development. The blockchain runs on the existing stack of Internet protocols, adding an entire new tier to the Internet to ensure economic transactions, both instant digital currency payments and complicated financial contracts." (Aslı Taşbaşı et al, "An Analysis of Risk Transfer and Trust Nexus in International Trade With Reference to Turkish Data", 2020) 

"Is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block a timestamp, and transaction data. (Vardan Mkrttchian, "Perspective Tools to Improve Machine Learning Applications for Cyber Security", 2020)

"This is viewed as a mechanism to provide further protection and enhance the security of data by using its properties of immutability, auditability and encryption whilst providing transparency amongst parties who may not know each other, so operating in a trustless environment." (Hamid Jahankhani & Ionuț O Popescu, "Millennials vs. Cyborgs and Blockchain Role in Trust and Privacy", 2020)

"A blockchain is a data structure that represents the record of each accounting move. Each account transaction is signed digitally to protect its authenticity, and no one can intervene in this transaction." (Ebru E Saygili & Tuncay Ercan, "An Overview of International Fintech Instruments Using Innovation Diffusion Theory Adoption Strategies", 2021)

"A system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network." (Silvije Orsag et al, "Finance in the World of Artificial Intelligence and Digitalization", 2021)

"It is a decentralized computation and information sharing platform that enables multiple authoritative domains, who don’t trust each other, to cooperate, coordinate and collaborate in a rational decision-making process." (Vinod Kumar & Gotam Singh Lalotra, "Blockchain-Enabled Secure Internet of Things", 2021)

"A concept consisting of the methods, technologies, and tool sets to support a distributed, tamper-evident, and reliable way to ensure transaction integrity, irrefutability, and non-repudiation. Blockchains are write-once, append-only data stores that include validation, consensus, storage, replication, and security for transactions or other records." (Forrester)

[hybrid blockchain:] "A network with a combination of characteristics of public and private blockchains where a blockchain may incorporate select privacy, security and auditability elements required by the implementation." (AICPA)

[private blockchain:] "A restricted access network controlled by an entity or group which is similar to a traditional centralized network." (AICPA)

"A technology that records a list of records, referred to as blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp and transaction data." (AICPA)

[public blockchain:] "An open network where participants can view, read and write data, and no one participant has control (e.g., Bitcoin, Ethereum)." (AICPA)