Definition ∞ Wholesale DLT adoption refers to the widespread implementation of Distributed Ledger Technology by large financial institutions and corporations for internal processes or inter-organizational transactions. This adoption often involves private or permissioned blockchains to enhance efficiency, reduce costs, and improve data security. It signifies a significant shift in how traditional finance handles record-keeping and settlement. Such adoption is distinct from public blockchain use.
Context ∞ News frequently reports on the progress of wholesale DLT adoption, particularly in areas like interbank payments, trade finance, and supply chain management. Discussions often highlight the challenges and benefits for large enterprises integrating this technology into existing systems. The success of these initiatives will play a major role in shaping the future infrastructure of global finance.
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