Expanding the Horizon: The Distributed Ledger Technology and its Applications Beyond Cryptocurrencies
Nikhil Kumar Goyal, Seema Kaloria, Ashwarya Vijai, Deshraj Bairwa, Monika Kumari · 2024
Originally developed to power cryptocurrencies such as Bitcoin and Ethereum, Distributed Ledger Technology or DLT is rapidly expanding its influence across all kinds of industries. Its attributes-decentralization, transparency, security, and immutability-are being applied in finance, healthcare, supply chain management, governance, among other sectors, offering solutions that streamline the conduct of operations, cost cuts, and increase trust.