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    JOSPHAT ETALE B.E AERONAUTICAL ENGINEER
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    Distributed ledger technology (DLT) and blockchain allow for decentralized consensus on shared data across a distributed network of nodes without the need for a central authority. DLT uses cryptography and a distributed network to maintain a tamper-proof record of all transactions across the network. Blockchain is a type of DLT that allows data to be recorded in a way that makes it difficult or impossible to change, hack, or cheat the system.

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    Distributed ledger technology (DLT) and blockchain allow for decentralized consensus on shared data across a distributed network of nodes without the need for a central authority. DLT uses cryptography and a distributed network to maintain a tamper-proof record of all transactions across the network. Blockchain is a type of DLT that allows data to be recorded in a way that makes it difficult or impossible to change, hack, or cheat the system.

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    9 views1 page

    Referenc

    Uploaded by

    JOSPHAT ETALE B.E AERONAUTICAL ENGINEER
    Distributed ledger technology (DLT) and blockchain allow for decentralized consensus on shared data across a distributed network of nodes without the need for a central authority. DLT uses cryptography and a distributed network to maintain a tamper-proof record of all transactions across the network. Blockchain is a type of DLT that allows data to be recorded in a way that makes it difficult or impossible to change, hack, or cheat the system.

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    References

    Natarajan, H. (2017). Distributed Ledger Technology (DLT) and Blockchain. [Online] Available

    at: https://olc.worldbank.org/system/files/122140-WP-PUBLIC-Distributed-Ledger-

    Technology-and-Blockchain-Fintech-Notes.pdf [Accessed 28 January 2023].

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