A distributed database that is shared and synchronized across multiple participants or nodes in a network. Each participant holds an identical copy of the ledger, and updates are validated by consensus mechanisms. This shared record-keeping provides transparency and immutability for transactions.
Context
The concept of a shared ledger is fundamental to blockchain technology, underpinning the distributed and transparent nature of digital asset transactions. News often centers on the implementation and performance of shared ledgers in various applications, from financial services to supply chain management. The integrity and security of these shared records are paramount for user trust and network reliability.
This initiative fundamentally redefines capital market efficiency, leveraging tokenization to streamline asset management and cross-border settlements for global institutions.
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