QFS: DISTRIBUTION LEDGER TECHNOLOGY (DLT)

 

 DISTRIBUTION LEDGER TECHNOLOGY (DLT)

DLT is the DATABASE that s "DECENTRALIZED" across several computers or NODES. Every NODE will maintain the LEDGER and if DATA Changes Happen the LEDGER is UPDATED in EXACT worth. "UPDATES" are independent of each "NODE". All NODES have equal STATUS authority, There is no CENTRAL AUTHORITY or SERVER MANAGING the DATABASE. Each NODE can update the LEDGER and OTHER NODES verify its EXISTENCE.

TRANSPARENCY

AI NODES verify the TRANSACTION with the "CONSENSUS ALGORITHM". ALL NODES can participate and other times only selected NODES. When all NODES get a "GO" notification; all NODES RECEIVE A STATUS UPDATE.