What is Distributed Ledger Technology (DLT)?

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Accepted Answer

Distributed Ledger Technology (DLT) is a decentralized database system that is replicated, shared, and synchronized across a network of computers, allowing for secure, transparent, and immutable record-keeping without the need for a central authority. DLT is the foundational concept behind blockchain, providing a framework for recording transactions and assets across multiple locations simultaneously.

Distributed Ledger Technology (DLT)

What is Distributed Ledger Technology (DLT)?

What is the fundamental difference between Distributed Ledger Technology (DLT) and Blockchain, and why does this distinction matter for enterprise adoption?

What are the primary use cases for DLT in the financial sector, and what quantifiable benefits have been observed?

How does DLT serve as the foundational infrastructure for stablecoins and the Decentralized Finance (DeFi) ecosystem?

What are the benefits of DLT in supply chain management and trade finance, and what are some key enterprise examples with measurable results?

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