Author

Definition

Robby and Alexander [28]

Blockchain is a particular type or subset of so-called distributed ledger technology. DLT is a way of recording and sharing data across multiple data stores (also known as ledgers), which each have the exact same data records and are collectively maintained and controlled by a distributed network of computer servers, which are called nodes.

Holotescu [29]

Blockchain technology enables the creation of a decentralized environment, where the cryptographically validated transactions and data are not under the control of any third party organization. Any transaction ever completed is recorded in an immutable ledger in a verifiable, secure, transparent and permanent way, with a timestamp and other details.

Bahga and Madisetti [30]

Blockchain is a distributed data structure comprising a chain of blocks. Blockchain acts as a distributed database or a global ledger which maintains records of all transactions on a Blockchain network.

UK Government Office for Science [31]

Distributed ledgers are a type of database that is spread across multiple sites, countries or institutions, and is typically public. Records are stored one after the other in a continuous ledger, rather than sorted into blocks, but they can only be added when the participants reach a quorum.