An immutable data record is a piece of information that, once written to a storage system, cannot be altered or deleted. On blockchains, this is achieved through cryptographic linking of blocks, where each new block contains a hash of the previous one. This property ensures the integrity and historical accuracy of data over time. It provides a verifiable and tamper-proof log of events or transactions.
Context
The concept of an immutable data record is fundamental to the security and trustworthiness of blockchain technology and many digital assets. News often highlights the benefits of immutability for supply chain tracking, digital identity, and verifiable credentials. Concerns sometimes arise regarding the permanence of incorrect or sensitive data once recorded on an immutable ledger.
Digitizing the Bill of Lading process via DLT shifts trade finance from a multi-day courier dependency to minute-scale settlement, significantly boosting working capital velocity.
The tokenized fund structure digitizes carbon credit provenance and transfer, ensuring immutable verification and unlocking new liquidity for nature-based finance.
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