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distributed ledger

A digital database of transactions or records that is shared, replicated, and synchronized across multiple sites, institutions, or geographies, without a central administrator.
Noun
pl: distributed ledgers

Meanings

Noun

A digital database of transactions or records that is shared, replicated, and synchronized across multiple sites, institutions, or geographies, without a central administrator.

Examples

The company implemented a distributed ledger to track supply chain movements in real time.

Business

We need a distributed ledger to ensure that no single entity can alter the transaction history.

Business

A distributed ledger provides a transparent record that all participants can verify independently.

Is a distributed ledger always the same thing as a blockchain?

Trivia

The bank is exploring how a distributed ledger could reduce settlement times for international payments.

The bank is exploring how a distributed ledger could reduce settlement times for international payments.

Business

I wonder if a distributed ledger could be used to secure voting records in the next election.

The system relies on a distributed ledger to maintain synchronization across global nodes.

Let us migrate our database to a distributed ledger to eliminate the central point of failure.

Office

The integrity of the data is guaranteed by the consensus mechanism of the distributed ledger.

Related Words

Terakhir Diperbarui: May 2026Laporkan Kesalahan