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DLT

Distributed Ledger Technology - a decentralized digital system for recording transactions across multiple computers, ensuring security and immutability.

What is DLT?

Distributed Ledger Technology (DLT) is a decentralized digital system for recording transactions across multiple computers (nodes) in a network, ensuring security, transparency, and immutability without a central authority. Unlike traditional databases, DLT distributes data across participants, with consensus mechanisms like proof-of-work or proof-of-stake validating updates. Blockchain, a type of DLT, organizes data into cryptographically linked blocks, as seen in Bitcoin and Ethereum.

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