Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT) is a decentralized database architecture that maintains a continuously growing list of records across multiple nodes without requiring a central authority. It enables multiple parties to have synchronized access to a shared, immutable ledger of transactions or…

Key facts

First appeared: 2008
Category: database
Problem solved: Eliminating the need for trusted intermediaries in digital transactions while ensuring data integrity, preventing double-spending, and maintaining consensus across distributed networks
Platforms: on_premises, cloud, cross_platform, hybrid

Related technologies

Blockchain
Consensus Algorithms
Peer-to-Peer Networks
Cryptocurrency
Digital Signatures
Smart Contracts
Cryptographic Hash Functions

Notable users

De Beers
Amazon
Walmart
Microsoft
JPMorgan Chase
IBM
Ethereum Foundation
Maersk