A decentralized ledgerA book in which the monetary transactions of a business are posted in the form of debits and credits. More technology that collects information into digital “blocks” that allow for easier and cheaper sharing. Blockchain can make immediate digitally signed transfers of anything virtual or web-based with no substantial running costs once applications are created – contracts, money, agreements, virtual services and anything like this. Otherwise known as distributed ledgerA book in which the monetary transactions of a business are published in the form of debits and credits. More technology.