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The Blockchain: A Gentle Four Page Introduction

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  • Jan Hendrik Witte

Abstract

Blockchain is a distributed database that keeps a chronologically-growing list (chain) of records (blocks) secure from tampering and revision. While computerisation has changed the nature of a ledger from clay tables in the old days to digital records in modern days, blockchain technology is the first true innovation in record keeping that could potentially revolutionise the basic principles of information keeping. In this note, we provide a brief self-contained introduction to how the blockchain works.

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  • Jan Hendrik Witte, 2016. "The Blockchain: A Gentle Four Page Introduction," Papers 1612.06244, arXiv.org.
    • Handle: RePEc:arx:papers:1612.06244
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    Cited by:

    1. Albekov Adam Umarovich & Vovchenko Natalia Gennadyevna & Andreeva Olga Vladimirovna & Sichev Roman Alexandrovich, 2017. "Block Chain and Financial Controlling in the System of Technological Provision of Large Corporations," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 3-12.

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