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.
