Decentralized Ledger Technology

Decentralized Ledger Technology

Decentralized Ledger Technology: Decentralized Ledger Technology (DLT) is a system of recording and verifying data across multiple decentralized nodes, providing security, transparency, and immutability. The most well-known DLT is blockchain, which is used in cryptocurrency transactions. DLT is transforming industries like finance, supply chain, and healthcare by enabling trustless transactions and reducing the need for intermediaries.

Tags: , , , ,