Many types of pairwise interaction take the form of a fixed set of nodes with edges that appear and disappear over time. In the case of discrete-time evolution, the resulting evolving network may be represented by a time-ordered sequence of adjacency matrices. We consider here the issue of representing the system as a single, higher dimensional block matrix, built from the individual time-slices. We focus on the task of computing network centrality measures. From a modeling perspective, we show that there is a suitable block formulation that allows us to recover dynamic centrality measures respecting time's arrow. From a computational perspective, we show that the new block formulation leads to the design of more effective numerical algorithms.