Learn what blockchain is and how it works. Explore key features, types, and use cases of blockchain technology in this clear, beginner-friendly glossary definition.
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A blockchain is a distributed digital ledger that records transactions across a network of computers in a way that ensures the data is secure, transparent, and tamper-proof.
Each transaction is grouped into a “block” and added to a chronological “chain” of previous transactions—hence the name blockchain. This structure is decentralized, meaning no single entity controls the data, and it’s maintained collectively by all participants in the network.
Blockchain technology is the foundation of the modern decentralized internet, reshaping industries from finance to logistics. Understanding how it works is essential for anyone engaging with digital assets, fintech, or emerging technologies.