DLT (Distributed Ledger Technology)

A Distributed Ledger Technology can refer to the blockchain technology. Or it can refer to another specific type of blockchain technology.

Essentially it refers to a decentralised database or record, with a network of nodes kept active by the users. As with any blockchain or DLT there is only value when there are active users that wants to use the network.

The popularity of DLTs or blockchain has risen fast in recent years. There are great potentials where these types of technologies could potentially replace and improve many current products and services across sectors.

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