Distributed ledger technology (DLT) and blockchain are among the hottest trends in business, finance, and many other industries. Their introduction to the mainstream following the rise in popularity of cryptocurrencies has created new investment vehicles, opportunities, and sectors. Additionally, new business models using these advancements are emerging that improve workflows, data security, e-commerce, government processes, and much more.
A distributed ledger works like a massive digital spreadsheet or ledger in which every transaction is recorded. It confirms, validates, and archives information, and all participants can access it virtually in real time. Blockchain is developed from the distributed ledger concept but enhances public use and security.
In general, there are two broad areas for you to consider investing in cryptocurrency and businesses developing and implementing new products that use blockchain or distributed ledger technology. It's important to understand that a blockchain is a distributed ledger, but it is not a blockchain. Check here:
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