![Crypto Terms Glossary: What is Distributed Ledger Technology (DLT)? Crypto Terms Glossary: What is Distributed Ledger Technology (DLT)?](/img/146/468/what-is-distributed-ledger-technology-dlt-sm.webp)
Distributed Ledger Technology (DLT) refers to a shared database upon which transactions and associated details are recorded in multiple places simultaneously. An example of DLT could be in the form of a permissioned network under control by a central authority, or a permissionless network maintained by a decentralized network of nodes lacking a central authority. Blockchains and Directed Acyclic Graphs (DAGs) are both examples of different types of DLT.