DLT Distributed Ledger Technology
August 16, 2022
Distributed Ledger Technology (DLT) refers to the technological infrastructure and protocols that allows simultaneous access, validation, and record updating in an immutable manner across a network that’s spread across multiple entities or locations.
DLT, also known as blockchain technology, first used by Bitcoin now popular everywhere, DLT is all about the idea of a decentralized network against the conventional centralized mechanism, and it is deemed to have far-reaching implications on sectors and entities that have long relied upon a trusted third-party.
Some examples of distributed ledger protocols are Stellar Ethereum, Hyperledger Fabric, R3 Corda, and Quorum.
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