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Blockchain implications

Blockchain is not DLT and DLT is not Blockchain

<img width="533" height="300" src="https://www.the-blockchain-academy.com/wp-content/uploads/2019/05/Blockchain_is_not_DLT_DLT_is_not_Blockchain.jpg" class="attachment-large size-large wp-post-image lazyload" alt="Blockchain is not DLT and DLT is not Blockchain" decoding="async" itemprop="image" fetchpriority="high" srcset="https://www.the-blockchain-academy.com/wp-content/uploads/2019/05/Blockchain_is_not_DLT_DLT_is_not_Blockchain.jpg 533w, https://www.the-blockchain-academy.com/wp-content/uploads/2019/05/Blockchain_is_not_DLT_DLT_is_not_Blockchain-300x169.jpg 300w" sizes="(max-width: 533px) 100vw, 533px" />

DLT Is Not Blockchain! Blockchain Is Not DLT!

ARTICLES FROM THE BLOCKCHAIN ACADEMY® / By The Blockchain Academy®, Wim Stalmans / 31/05/2019 31/03/2022 / Blockchain, Blockchain applications, Blockchain for Business, Blockchain implications, Blockchain Technology, Distributed Ledger, Distributed Ledger Technology, DLT, DLT for Business

DLT, distributed ledger technology, is the term adopted by corporations that need a version of Blockchain that doesn’t include the decentralised consensus mechanism. As the latter is the essence of Blockchain, DLT’s are no Blockchains.

Accounting statistics Excel

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Blockchain and Triple Entry Bookkeeping, How Exciting! How Frightening!

ARTICLES FROM THE BLOCKCHAIN ACADEMY® / By The Blockchain Academy®, Wim Stalmans / 27/05/2017 02/01/2022 / Audit, Blockchain, Blockchain applications, Blockchain implications, Bookkeeping, Triple entry bookkeeping

The Blockchain consensus system requires that transactions are audited before inserting them in the database. A bookkeeping that has Blockchain transactions as input becomes a pre-audited triple entry bookkeeping!

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