DLT

Distributed database technologies (also referred to as distributed ledger technologies or DLT) are technologies where data is stored and synchronized across multiple network nodes without requiring a central authority. This type of technology has gained prominence with the hype surrounding cryptocurrencies and blockchain, and it offers numerous fields of application beyond the financial sector.

The goal of the DLT pilot regime is to create a new and innovation-friendly regulation that provides market participants with justified exemptions from existing regulations to encourage the use of DLT in the financial market.

DLT

Distributed database technologies (also referred to as distributed ledger technologies or DLT) are technologies where data is stored and synchronized across multiple network nodes without requiring a central authority. This type of technology has gained prominence with the hype surrounding cryptocurrencies and blockchain, and it offers numerous fields of application beyond the financial sector.

The goal of the DLT pilot regime is to create a new and innovation-friendly regulation that provides market participants with justified exemptions from existing regulations to encourage the use of DLT in the financial market.

crypto coins as metaphor for the placement of crypto assets

Placement of crypto assets

This article is part 3 of the BankingHub topic glossary โ€œA brief guide to digital asset servicesโ€. The glossary entries on digital assets explain how digital asset services work and how they are regulated.

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