Advantages of distributed ledgers
Virtual Data Rooms
Reduce Operational Inefficencies
Authenticated Digital Records
Distributed ledgers are inherently resistant to malicious changes by a single party or cyber attacks.
The distributed files prevent a single simultaneous attack from succeeding, therefore the difficulty of manipulation and attack on distributed ledgers allows for extensive transparency.
Use of Distributed Ledgers:
How does it work?
Multiple nodes process and verify with complete agreement each piece of information which creates an Immutable record of the information.
Who uses DLT?
Distributed ledger technology (DLT) is revolutionizing the way corporations, governments and institutions conduct operations using information immutably preserved.
Emerging DLT areas
Includes finance (VDR), art and antiquities, supply chain depth of vision, asset management, precious metals, and natural resources.
How does TruDoss use DLT?
Each person, or organization, writing to the distributed ledger has a unique identity. Every piece of data that goes on the distributed ledger has a unique identifier which is called a cryptographic hash.