A digital system in which records of currency transactions (typically using bitcoin or similar cryptocurrencies) are simultaneously maintained at multiple points throughout a network.
with a distributed ledger that basically keeps track of everything, you can start putting a lot more transparency into the way the government does its business
as modifierthe company's experiments will allow the distributed ledger technology to operate on networks with millions of computers
Definition of distributed ledger in US English:
distributed ledger
noun
A digital system in which records of currency transactions (typically using bitcoin or similar cryptocurrencies) are simultaneously maintained at multiple points throughout a network.
with a distributed ledger that basically keeps track of everything, you can start putting a lot more transparency into the way the government does its business
as modifierthe company's experiments will allow the distributed ledger technology to operate on networks with millions of computers