Keyword Analysis & Research: what is a distributed ledger

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What is the definition of distributed leadership?

Distributed leadership is when you push authority as deep into the organisation as you can. That is, you distribute it across and into the organisation. Many leaders think they need to take responsibility for everything, otherwise they feel out of control and as though they are not doing their job. They are less confident about creating an environment where other people share the responsibility.

What is distributed ledger technology (DLT)?

Distributed ledger technology (DLT) is a database that exists in decentralized locations. It is used to record transactions of assets. Their details are recorded in multiple places at the same time. Unlike other systems, a distributed ledger has no central data store and no administration functionality.

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