A list of transactions recorded into a ledger over a given period. The size, period, and triggering event for blocks is different for every blockchain. A block contains the data structure and history of the transactions. Each block hold the archive of valid transactions which are hashed and encoded into a Merkle tree. Each block includes the cryptographic hash of the prior block in the blockchain, linking the two. The blocks then form a chain; in other words the blockchain.« Back to Glossary Index
About Gary Fox
I've written and facilitated hundreds of workshops, working with agencies, clients as part of professional development and education programs, as well as on various topics in response to client needs. These include Innovation (business design - including new products, services and business models), Creative Leadership, Design Thinking, Growth Marketing, Technology Enabled Creativity and Customer Experience Design.
I'm a doctoral researcher focusing on how organisations strategically harness technologies to accelerate the innovation process and reduce risk and uncertainty. In other words, researching how to generate game-changing new business models, products and services at a higher success rate. If you're interested in this research area get in touch.