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Bookmark or Share- What is DLT? Distributed Ledger Technology ExplainedDistributed ledger technology (DLT) is a digital system that allows multiple parties to share and update a common database in a decentralised way, without relying on a trusted third party. DLT is a broader category of technologies of which the most well-known and widespread is blockchain.
- distributed ledger technology (DLT) - TechTargetDistributed ledger technology (DLT) is a digital system for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time. Unlike traditional databases, distributed ledgers have no central data store or administration functionality.
- Distributed Ledgers: Definition, How They're Used, and PotentialDistributed ledger technology is a decentralized ledger network that uses the resources of many nodes to ensure data security and transparency.
- Distributed Ledger Technology: Its Promises and Potential - G2Distributed ledger technology, or DLT, is a decentralized digital system that uses an independent network of computers called nodes. It simultaneously proposes, records, validates, synchronizes, and shares transaction details or data in a shared ledger distributed across multiple places.
- What is Distributed Ledger Technology (DLT)? - DecryptDistributed Ledger Technologies are creating a version of the internet that is both decentralised and distributed. This means instead of a big company like Amazon or Google having one huge database, a new type of record can be kept simultaneously on many connected devices.
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