Distributed Ledger Technology
a.k.a. DLT, Distributed ledger
A record-keeping system where many computers each hold and update a shared copy of the same ledger.
Distributed ledger technology (DLT) is the big family that blockchains belong to. A ledger is a record of who owns what. "Distributed" means there isn't one master copy in one office; many participants hold copies and keep them in sync.
A blockchain is one way to do it, chaining records into blocks. Other designs skip the chain. Banks and companies often say "DLT" when they want the shared-records benefits without the wild-west associations of crypto, usually on a private, permission-only network.
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