distributed ledger technology definition

distributed ledger technology means a database system in which—
distributed ledger technology or ‘DLT’ means a technology that enables the operation and use of distributed ledgers;
distributed ledger technology or ‘DLT’ means a type of technology that support the distributed recording of encrypted data;

Examples of distributed ledger technology in a sentence

  • Distributed ledger technology (DLT) is primarily a payment system that is well adopted by the financial sector and will have significant impact on future ofbanking.


More Definitions of distributed ledger technology

distributed ledger technology or ‘DLT’ means a class of technologies which support the distributed recording of encrypted data;
distributed ledger technology means a distributed ledger protocol and supporting infrastructure, including blockchain, that uses a distributed, decentralized, shared, and replicated ledger, whether it be public or private, permissioned or permissionless, and that may include the use of electronic currencies or electronic tokens as a medium of electronic exchange;
distributed ledger technology means a consensus of replicated, shared or synchronised virtual data geographically spread across multiple sites, countries or institutions;
distributed ledger technology or ‘DLT’ means distributed ledger technology as defined in [the DLT Pilot Regime Regulation];
distributed ledger technology means any distributed ledger
distributed ledger technology or "DLT" means a database system in which information is recorded, consensually shared, and synchronised across a network of multiple nodes as further described in the First Schedule of the Innovative Technology Arrangements and Services Act, 2018, whether the same is certified under that Act or otherwise;
distributed ledger technology means an electronic ledger or other record of transactions or other data to which all of the following apply: