DISTRIBUTED LEDGER IN BLOCKCHAIN TECHNOLOGY

Abstract

Distributed Ledger Technology (DLT) forms the cornerstone of blockchain systems, introducing a paradigm shift in data management, transparency, and security. This abstract provides a concise overview of the fundamental aspects of DLT within the context of blockchain technology, elucidating its key principles and applications.DLT is a decentralized and distributed database architecture that facilitates the secure and transparent recording of transactions across a network of nodes. By decentralizing control and consensus mechanisms, DLT mitigates single points of failure and enhances the robustness of data storage and verification.