DLT Platforms

Definition ∞ DLT platforms, or Distributed Ledger Technology platforms, are digital systems that maintain a synchronized and immutable record of transactions across multiple network participants. Unlike traditional centralized databases, DLTs operate without a central authority, distributing data copies among nodes. Blockchain is a specific type of DLT, but other structures exist. These platforms facilitate secure, transparent, and efficient data exchange and asset transfer across various industries.
Context ∞ DLT platforms are a recurring topic in financial and technology news, particularly regarding their application in supply chain management, finance, and digital identity. Discussions often distinguish between public, permissionless blockchains and private, permissioned DLTs used by consortia. A critical future development involves the standardization of protocols to enable greater interoperability among diverse DLT systems. Their ongoing adoption is transforming how organizations record and share information.