Distributed Ledger Technology (DLT)
Definition of what Distributed Ledger Technology (DLT) stands for (in finance):
A decentralized database technology that records transactions across multiple locations, forming the foundation of blockchain systems.
More Term Definitions
- Fiat Currency/Fiat Money Definition
- Acquiring Bank/Acquirer
- BI (Blockchain Insurance Industry Initiative) Definition
- Financial Industry Business Ontology (FIBO) Definition
- Location-Based Service (LBS) Definition
