Distributed across the entire network of computer systems on the blockchain.
A node - user or computer that has a complete copy of the blockchain ledger, block - a data structure used for keeping a set of transactions, and transaction - the smallest building block of a blockchain system (records, information, etc.).
At its core, blockchain relies on a decentralised, digitalised and distributed ledger model. By its nature, this is more robust and secure than the proprietary, centralised models which are currently used in the trade ecosystem.
dApp - A decentralised application is an application that can operate autonomously, typically through the use of smart contracts, that runs on a decentralized computing, blockchain system.
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