Phrases with «shared ledger»

A shared ledger refers to a digital record of transactions or information that is shared and accessible to multiple parties or participants. It allows everyone involved to have the same copy of the ledger, providing transparency, security, and trust in the information recorded. This shared ledger can be used in various contexts such as blockchain technology, where it enables decentralized and distributed networks to maintain a synchronized and consistent database. Full definition

Sentences with «shared ledger»

  • If we make our bet on a blockchain shared ledger system, we don't have to trust each other or seek the help of third parties to enforce our bargain. (slaw.ca)
  • The change is coming, so excited shared ledger systems are the foundation of economic activity for humanity and technology should have never been any other way. (crypto-lines.com)
  • Baldet had been heading up JPMorgan's Blockchain Center of Excellence, where she led the product direction for Quorum, JPMorgan's business - oriented blockchain, a buzzy database technology that uses shared ledgers for record keeping. (fortune.com)
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