Blockchain Legal Definitions

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What definition of "Blockchain" "Distributed Ledger" and "Smart Contract" do you recommend? For more information on this public forum, see: http://mit.edu/blockchain

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We may use this to invite you to rate definitions and help us to prioritize the best definitions.

Are You Defining "Blockchain" or "Smart Contract"? *

Your Proposed Definition is: *

Your proposed definition of Blockchain or Smart Contract must be as short as practicable to express the meaning.

The Reasons and Context for Your Proposal are: *

This can be a long as desired to express your reasons and any helpful context, including links to related materials on the web or other relevant background materials. Please note if your definition is intended for use in any legal context or specifically for contracts, legislation or another distinct legal context.

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