A blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... project is a digital ledgerA digital ledger is an online record of transactions. The digital ledger tracks financial or other data. to record and track data. Although the software used to manage such a ledger may be open-source and decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows..., not all blockchains are.
