Distributed ledger technology will transform the way data is stored, managed and exchanged. Unlike On-premise databases, distributed ledgers store data on synchronised independent computers, which increases security and interoperability.
Many organisations have distributed ledger initiatives and there are over 100 platforms in development worldwide, the most well-known being Bitcoin. Financial institutions harness the power of distributed ledgers to trade and track complex financial assets, companies in other sectors use distributed ledgers to monitor the movement of goods and payments through their supply chains.
Distributed ledgers have the potential to drive fundamental change across industries and to transform the way we work. But this is a leading-edge technology that’s evolving fast - change is measured in weeks rather than months. Getting started is never easy but it’s a lot easier with an expert partner.
