What is DLT?

DLT (Distributed Ledger Technology) is a distributed ledger technology that allows data to be stored as a chain of records (transactions) distributed among many network participants without a central controlling node.

Main features of DLT:

• Decentralization: data is stored on many nodes.
• Immutability: records cannot be changed or deleted after being added.
• Transparency and security: all participants see and verify the data.

The most well-known example of DLT is blockchain, used in cryptocurrencies.

In Java development, DLT can be used to create applications with distributed data storage, smart contracts, and transaction security.