Glossary

WhatisBlockchain?

Software Development Glossary & Terms

Blockchain

Definition.

Blockchain: A decentralized, distributed, and public digital ledger that is used to record transactions across many computers.

In Practice

Outside of specific use cases (provenance tracking, decentralized finance), most business problems that get pitched as "needs blockchain" are solved more cheaply and reliably with a well-designed PostgreSQL ledger table — worth discussing before committing budget to it.

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