Ledger Technology

Ledger technology refers to a digital system for recording transactions in a secure and transparent way. Imagine it as a digital notebook where every transaction is written down and cannot be changed or erased. Each entry is linked to the previous one, creating a chain of records—like a series of connected blocks. This approach ensures that everyone has access to the same information, reducing the risk of fraud and errors. It's widely used in cryptocurrencies, but its applications extend to various fields, such as supply chain management and finance, where trustworthy record-keeping is essential.