: a digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network
also : the technology used to create such a database
The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. —Marco Iansiti and Karim R. Lakhani

Examples of blockchain in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Hyperliquid Strategies operates its own network validator, a specialized computer system that helps process transactions and secure the Hyperliquid blockchain. — Camila Grigera Naón, Fortune, 5 Oct. 2026 NFTs—unique, transferable records on a blockchain, often linked through metadata to a digital image, animation, or piece of code—were established as stand-alone value units on Ethereum in 2018 and subsequently traded as digital art. — Simon Denny, Artforum, 1 Oct. 2026 Earlier on-chain estimates put the outflows at about $183 million, but Bitget said those analyses had not captured activity across all affected blockchains. — Matthew Tan, CNBC, 25 Sep. 2026 The presence of a blockchain does not mean every part of the underlying business arrangement moves onto it. — Karen Koehler, Idaho Statesman, 23 Sep. 2026 See All Example Sentences for blockchain

Word History

First Known Use

2011, in the meaning defined above

Time Traveler
The first known use of blockchain was in 2011

Browse Nearby Words

Cite this Entry

“Blockchain.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blockchain. Accessed 14 Oct. 2026.

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