Blockchain technology is most simply defined as a decentralized, distributed ledger that records the provenance of a digital asset. ... Blockchain is most simply defined as a decentralized, distributed ledger technology that records the provenance of a digital asset.

Is blockchain a new technology?

The transparency of blockchain has real benefits for regulators. But it's still a new technology, with no standardized implementation.

Is blockchain a digital technology?

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.