DLT, Digital Assets and Web3 - the Decentralization of the Digital World
Distributed Ledger Technology (DLT), Digital Assets and Web3 are the buzzwords of the digital world. While traditional systems depend on central institutions and are vulnerable to security risks, DLT offers a secure and transparent way to manage and control data and assets in a decentralized manner.
Distributed Ledger Technology – the basis of Digital Assets and Web3
Distributed Ledger Technology (DLT) is the basis of, for example, blockchain technology, which is used to store Digital Assets, enabling efficient transactions and new business models. DLT also lays the foundation for the so-called Web3 – a new generation of the Internet based on decentralized networks. Developers can create applications and services there that are constantly controlled by users.
Better control, security and efficiency make DLT, Digital Assets and Web3 particularly relevant to the financial services industry. They will permanently change the way data and assets are secured, and shape the future of business and society.