Blockchain
Term · Logistics and supply chain · MLC-T-LOG-000024
A decentralized, distributed ledger technology that records transactions across many computers in a way that prevents tampering. Each new record, or block, is cryptographically linked to the previous one, forming an immutable chain. This technology provides transparency and security, making it suitable for tracking goods and transactions in supply chains.
| Identifier | MLC-T-LOG-000024 |
|---|---|
| Field | Logistics and supply chain |
Record as JSON
{
"id": "MLC-T-LOG-000024",
"term": "Blockchain",
"field": "Logistics and supply chain",
"definition": "A decentralized, distributed ledger technology that records transactions across many computers in a way that prevents tampering. Each new record, or block, is cryptographically linked to the previous one, forming an immutable chain. This technology provides transparency and security, making it suitable for tracking goods and transactions in supply chains.",
"url": "https://mlchart.com/terminology/logistics/blockchain/"
}
Record 26 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.