Distributed Ledger Technology Systems
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Distributed Ledger Technology Systems
The concept of distributed ledger technology (DLT) preceded blockchain technology.
DLT systems generally do not operate in isolation, but in concert with a variety of external systems.
Only transfers of resources internal to the system are automatically executed by a DLT system.
Exogenous objects require gateways that connect the system to the external world and are reliant on external agents and an existing legal structure to enforce decisions outside of the boundaries of a DLT system |
 | Artist/Author: Michel Rauchs
Date: Wednesday April 24, 2024 9:04:33 am
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3230013 |
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