Definition ∞ A public permissioned DLT is a distributed ledger technology where anyone can view transactions, but only authorized participants can validate them. This hybrid model combines the transparency of public blockchains with the controlled access of private networks, allowing for a select group of known entities to maintain the ledger. It typically employs identity verification for validators, offering a balance between decentralization and regulatory compliance. The objective is to provide a scalable and secure platform suitable for enterprise use cases requiring both transparency and controlled participation.
Context ∞ Public permissioned DLTs are gaining traction in specific industry sectors, such as financial services, where regulatory requirements and participant accountability are paramount. Discussions frequently address the degree of decentralization offered by these systems and whether they adequately meet the principles of true distributed ledger technology. Future developments will likely involve broader adoption in regulated environments and further refinement of their governance models to ensure a balance between openness and necessary controls.
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