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The Best explanation of BITCOIN you will ever hear - PV ValkenburghBlockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be. Blockchain is a database of transactions that have taken place between two parties, with blocks of data containing information about each transaction being added in chronological order to the chain as it happens.