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Distributed Ledger Technology (DLT)

Short Description:

The technology that enables the creation of decentralized, digital ledgers such as blockchain.

Main Description:

Distributed Ledger Technology (DLT) is a decentralized and transparent system that enables the secure and immutable recording of transactions across multiple nodes or computers. DLT provides a framework for storing, validating, and sharing information in a distributed manner, eliminating the need for a central authority. DLT is the underlying technology behind blockchain networks, facilitating secure and efficient data management, enhancing transparency, and fostering trust in digital ecosystems.