Blockchain Distributed Ledger Technology- How Does it Benefit a Business?

Well, the practice of using ledgers for record keeping is not new. Rather, it’s as old as the concept of bookkeeping itself. And, in spite of the increasing variety of complicated DLT in use, the good news is that the essential architecture is not that tough to comprehend.   A distributed ledger is a databank that is spread across multiple locations, commonly known as nodes. Alterations to a distributed ledger entail multiple strides of verification by the nodes. Once a ledger entry is authenticated by a major accord of the…

Read More