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.
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