AI & the web
Blockchain
A system for maintaining a linked record of transactions or other data across a defined network.
In everyday use
A token transaction is recorded on a blockchain.
What to keep in mind
Security, governance and privacy depend on the specific system; the label alone guarantees none of them.
Also searched as: distributed ledger
Further reading
Original explanation and example by Perspectism. Further reading may cover the wider subject, rather than this exact wording. Edition updated 7 October 2026.
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