A blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... is a digital recording of an event or action stored in a public, decentralized ledgerA decentralized ledger is a database that records and verifies transactions independently of any central authority.. A blockchain transaction tracks ownershipEvery transaction and block on a blockchain has an owner. An owner is any entity (person, group, or organization) with..., transfers value, or represents anything else of value. CryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... transactions are one type of blockchain transaction, but there are other types, such as smart contracts.
