A Consortium DLT, or Distributed Ledger Technology, is a permissioned blockchain system operated and maintained by a pre-selected group of organizations rather than a fully open public network. Participants in a consortium share control over the ledger, including transaction validation and network governance. This model offers controlled access and enhanced privacy for specific business applications.
Context
Consortium DLTs are frequently discussed in the context of enterprise blockchain solutions, particularly for supply chain management, interbank settlements, and other regulated industries. News often covers their potential for increased efficiency and data security within specific industry groups. A key debate revolves around balancing the benefits of permissioned access with the core decentralized principles of public blockchains.
Leveraging atomic settlement on an Ethereum Layer 2, the initiative directly reduces counterparty risk and compresses cross-border payment finality from days to minutes, optimizing global treasury liquidity.
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