Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT)

And so, what is distributed ledger technology or “distributed ledger” (DLT)? According to the description of the technology, on Coinmarketrate.com, so-called “blockchains” are formed within the DLT. It is a decentralized database that contains chronological sequences of data blocks. These data blocks, in turn, contain one or more transactions that are linked or combined using … Read more

Traveling the World of Blockchain: What is the Distributed Ledger Technology (DLT)

Traveling the World of Blockchain: What is the Distributed Ledger Technology (DLT)

Distributed ledger technology (DLT) can remain virtually immune to hacking, which is a very important feature for blockchain technology. DLT is an important component of the blockchain The dictionary definition of an accounting book is a horoscope, or financial accounts. Before the advent of electronic storage, government and financial institutions kept their records in paper … Read more