"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)