Distributed Ledger Technology (Dictionary Entry)
Contexts | Block Chain, Computer Science, IAM |
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Term | Distributed Ledger Technology |
Alternative Forms |
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Definitions | A novel and fast-evolving approach to recording and sharing data across multiple data stores (or ledgers). This technology allows for transactions and data to be recorded, shared, and synchronized across a distributed network of different network participants. |
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Quotes
Distributed Ledger Technology: refers to a novel and fast-evolving approach to recording and sharing data across multiple data stores (or ledgers). This technology allows for transactions and data to be recorded, shared, and synchronized across a distributed network of different network participants.
(World Bank Group and GPFI, 2018, p. vii)
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