You are on page 1of 12

Distributed Ledger Technology

( Such as Blockchain)
What is Distributed Ledger ?
 A Distributed Ledger is a database that can be
found across several locations or among multiple
participants.

 database that is consensually shared and


synchronized among multiple sites, institutions or
geographies.
What is Blockchain?
 Peer-to-peer networks that enable multiple members
to maintain their own identical copy of a shared ledger.

 Is a digital ledger of transactions that is duplicated and


distributed across the entire network of computer
systems.

 are immutable digital ledger systems implemented in a


distributed fashion.

 is a system of recording information in a way that makes


it difficult or impossible to change,hack or cheat the
system.
Blockchain
Advantages and Disadvantages of Blockchain
Advantages

 Trustworthy Distributed Systems.

 No Government Interference.

 Increased Stability.

 Instant Payments at Reduced Cost.

 Improved Security & Financial Efficiency.


Disadvantages

 Private key Issues.

 Extremely Volatile.

 Issues in Scalability.

 Security Issues.

 Data modification is Difficult.


Thank You

You might also like