DLT Expansion

Definition ∞ DLT expansion refers to the growing adoption and diversified application of distributed ledger technology across numerous industries and use cases. This extends beyond its initial applications in cryptocurrencies to encompass a broader range of economic and operational functions. It signifies the increasing integration of blockchain principles into mainstream systems.
Context ∞ News reports frequently highlight DLT expansion in areas such as supply chain management, digital identity verification, and the tokenization of real-world assets. This widespread implementation signals a significant shift in how data is managed and transactions are processed across various sectors. The continued growth of DLT applications represents a major trend in digital economics.