What is DLT? | Distributed Ledger Technology’s workflow and capabilities
Автор: Axiology
Загружено: 2023-08-29
Просмотров: 250
In this video, our blockchain solution architect Monika Gornostajūtė explains what DLT (Distributed Ledger Technology) is and how it works. She covers the basics of DLT, such as its history, different types, and potential applications.
Why is DLT important?
DLT is a powerful technology with the potential to transform many industries. It can be used to create more secure and transparent systems, reduce costs, and improve efficiency.
What are the benefits of DLT?
Some of the benefits of DLT include:
Security: DLT is a tamper-proof technology, which means that data cannot be easily altered or deleted.
Transparency: DLT allows all participants in a network to see the same data, which can help to prevent fraud and errors.
Efficiency: DLT can help to reduce costs and improve efficiency by automating many of the processes that are currently manual.
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