Definition ∞ DLT networks, or Distributed Ledger Technology networks, are decentralized systems that record transactions across multiple computers simultaneously. Unlike traditional databases, DLTs maintain a synchronized and immutable record of information without a central authority. Blockchains represent a prominent type of DLT, but other forms exist, offering varied consensus mechanisms and data structures. These networks are foundational for many digital assets and decentralized applications.
Context ∞ The utility and regulatory status of DLT networks are frequent topics in technology and financial news, particularly concerning their application in supply chain management, digital identity, and cross-border payments. Debates often address issues of scalability, energy consumption, and the legal classification of assets operating on these systems. Advancements in DLT are continually reshaping discussions on digital infrastructure.
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