Definition ∞ A permissioned DLT network is a distributed ledger technology (DLT) network where participation in validating transactions or accessing data requires explicit authorization. Unlike public, permissionless blockchains, these networks maintain a controlled access environment. They offer enhanced privacy, higher transaction speeds, and clearer governance structures.
Context ∞ Permissioned DLT networks are being adopted by enterprises and consortia in sectors such as finance, supply chain management, and healthcare for their controlled environments and regulatory compliance capabilities. They provide the benefits of distributed ledger technology, like immutability and transparency, while addressing corporate requirements for data confidentiality and participant identity. The ongoing discussion involves balancing decentralization principles with the need for oversight and control in regulated industries.
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