Distributed Ledger Technology (DLT)

What is Distributed Ledger Technology (DLT)?

Distributed Ledger Technology (DLT) is a shared database distributed across multiple participants, where information is validated, synchronized, and stored in a decentralized manner. It does not rely on a central authority, ensuring transparency and immutability of transactions.

How does it differ from blockchain?

Blockchain is a specific type of DLT in which data is organized into blocks linked together in chronological order. However, there are other DLT models that do not necessarily use blocks, relying instead on different consensus structures. In all cases, the goal is to provide a distributed, secure, and trustworthy record.

What value does it bring to businesses?

DLT enables organizations to securely share information with partners, suppliers, or customers without intermediaries. It is used in supply chain traceability, digital identity verification, financial asset management, and certification of sensitive data.