nasscom Community

The Surprising History of Distributed Ledger Technology

1 Mins read
The Surprising History of Distributed Ledger Technology
DLT Labs
Tue, 09/14/2021 – 16:13

Did you know that Distributed Ledger Technology predates Bitcoin? Many people associate Blockchain with Bitcoin, and rightly so. However, the famously anonymous innovator known by Satoshi Nakomoto got his (or her) ideas from technologies that were established long before the Bitcoin whitepaper.

Both are methods of organizing transaction records in a shared, distributed database, but DLT is a broader term that includes all sorts of structures, including blockchain.