Feature : Blockchain / DLT type, General, Architecture
Content Owner:  MLG Blockchain
Summary
Blockchain / DLT type
Details
Private institutions can use the core idea of blockchain as a distributed ledger technology (DLT), and create a permissioned blockchain (private or federated), where the validator is a member of a consortium or separate legal entities of the same organization. The term blockchain in the context of permissioned private ledger is highly controversial and disputed. This is why the term distributed ledger technologies (DLT) emerged as a more general term.