National DLT

Definition ∞ National DLT refers to a distributed ledger technology system developed or adopted by a sovereign nation for various public or private sector applications. These systems aim to leverage blockchain’s benefits for national infrastructure, such as digital identity, supply chain management, or central bank digital currencies. They represent a country’s strategic application of decentralized technology.
Context ∞ The discussion around national DLT often involves its potential to enhance efficiency, transparency, and security in governmental and economic operations. A key debate centers on balancing decentralization with national control and regulatory oversight. Future developments include the establishment of cross-border DLT interoperability standards and the wider adoption of national digital currencies.