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Public Ledger Adoption

Definition

Public ledger adoption refers to the increasing use of open, distributed blockchain networks by individuals and organizations. This describes the growing acceptance and implementation of transparent, immutable, and permissionless blockchain systems for various applications, including financial transactions, supply chain management, and digital identity. Widespread adoption indicates a shift towards decentralized record-keeping and verifiable data sharing. It reflects a collective recognition of the benefits associated with enhanced transparency, security, and censorship resistance offered by these networks.