Distributed Ledger Technology (DLT): Distributed ledger technology is a database technology in which information is stored and synchronised across multiple locations, regions or participants – in other words, in a decentralised manner. No intermediary is required for the exchange of transactions or information. The blockchain database is the best-known example of a DLT and is considered to be highly resistant to tampering and failure. (Publication date: 3 March 2021)