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Distributed Ledger Technology

A class of technologies that support the recording of encrypted data where the data:

(a) is held on a distributed ledger;
(b) is electronically accessible, from multiple locations, by a network of participants; and
(c) can be updated by those participants, based on agreed consensus, protocol or procedures.

 

Derived from DFSA RMI316/2021 (Made 30th June 2021). [VER53/10-21]