Blockchain
Distributed digital ledger
Blockchain is a system for recording information in a way that makes it difficult or impossible to alter, hack, or cheat.
Data is stored in blocks that are linked together chronologically and secured using cryptography, creating a permanent, transparent chain of records.
Originally developed as the technology underlying Bitcoin and other cryptocurrencies, blockchain has expanded into applications like supply chain tracking, digital contracts, and secure voting systems.
The company uses blockchain to verify the authenticity of luxury goods.
Science of secure messaging
- hashChopped mixture, cooked together
- nodeConnection point in networks
- consensusGeneral group agreement
- decentralizationDistributing power from center
immutability · peer-to-peer · protocol · smart contract · public key · private key · timestamp · fork
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- walletSmall case for currency
- tokenRepresentative placeholder
- altcoinAlternative digital currency
exchange · Satoshi · transaction · address · staking · DeFi · NFT · whale
Resolved dispute or colony
- clearingTreeless space in forest
- remittanceFunds sent elsewhere
- cross-borderSpanning national boundaries
- interbankBetween financial institutions
tokenization · digital asset · custody · liquidity · audit trail · transparency · securities · letter of credit
Verifiable origin and path
- provenanceRecord of ownership
- permissionedRestricted to approved parties
- consortiumCooperative group for ventures
- IBMMultinational technology corporation
Oracle · logistics · food safety · authentication · counterfeit prevention · shipping · inventory · compliance
Formally registering a choice
- proposalFormal plan for consideration
- treasuryStored organizational funds
- delegationTransferring responsibility downward
- quorumMinimum for valid proceedings
community · snapshot · veto · constitution · amendment · transparency · accountability · stakeholder
cryptography
Science of secure messaging
- hashChopped mixture, cooked together
- nodeConnection point in networks
- consensusGeneral group agreement
decentralization · immutability · peer-to-peer · protocol · smart contract · public key · private key · timestamp · fork · validator
Bitcoin
Peer-to-peer electronic cash
altcoin · exchange · Satoshi · transaction · address · staking · DeFi · NFT · whale · airdrop
settlement
Resolved dispute or colony
- clearingTreeless space in forest
- remittanceFunds sent elsewhere
- cross-borderSpanning national boundaries
interbank · tokenization · digital asset · custody · liquidity · audit trail · transparency · securities · letter of credit · escrow
traceability
Verifiable origin and path
- provenanceRecord of ownership
- permissionedRestricted to approved parties
- consortiumCooperative group for ventures
IBM · Oracle · logistics · food safety · authentication · counterfeit prevention · shipping · inventory · compliance · record-keeping
voting
Formally registering a choice
- proposalFormal plan for consideration
- treasuryStored organizational funds
- delegationTransferring responsibility downward
quorum · community · snapshot · veto · constitution · amendment · transparency · accountability · stakeholder
Blockchainintermediary
Agent linking two parties
central authority · clearinghouse · notary · middleman · bank
- blockchain technologyDecentralized, tamper-resistant record system