
Distributed Ledger Technology Explained
By eliminating the need for centralized authorities, Distributed Ledger Technology (DLT) is revolutionizing how data is recorded, accessed, and secured. It introduces a decentralized system that provides transparency, security, and efficiency. This innovative technology underpins cryptocurrencies, Blockchain, and numerous applications across industries. From banking to supply chain management, DLT is paving the way for a digital transformation that is not only redefining business processes but also fostering trust in a trustless world.
In this guide, we’ll explore DLT’s evolution, types, applications, benefits, challenges, and emerging trends.