Blockchain Block Definition | IoT ONE Digital Transformation Advisors

Terms Glossary B Blockchain Block

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	Blockchain Block

Blockchain Block

Formal	A container data structure comprising of the transactions made on that particular Blockchain. Different Blockchains have different block sizes (e.g. Bitcoins block size is 1MB). Read More
Practical	This is the building block of Distributed Ledger Technology. Blocks have packets of data and new blocks are only created using the hash of older blocks in the chain. This allows the data in the blocks to be transparent, public and immutable. The technology can be used in Auditing, Finance, and tracking payments to content creators/payees. Read More
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Formal

A container data structure comprising of the transactions made on that particular Blockchain. Different Blockchains have different block sizes (e.g. Bitcoins block size is 1MB).

Practical

This is the building block of Distributed Ledger Technology. Blocks have packets of data and new blocks are only created using the hash of older blocks in the chain. This allows the data in the blocks to be transparent, public and immutable. The technology can be used in Auditing, Finance, and tracking payments to content creators/payees.

Plat'Home

Plat'Home is a major developer and manufacturer of Linux micro-servers. Ever since foundation in 1993, the company has supplied computers made in house to communication and network fields as a pioneer of Linux servers. The palm-top-size ultra-small Linux server, OpenBlocks®, has been adopted by a wide range of areas to support Japanese social infrastructure, including not only major telecommunication operators but also logistics, transportation, finance, the energy industry and government agencies. Recently Plat’Home has attracted a great deal of attention in the high-growth fields of M2M and IoT (Internet of Things).

Overview

Blockchain Block

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