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What is Ledger

Handbook of Research on Cyber Law, Data Protection, and Privacy
The directory provides a constant overview of all the amounts recorded in journals listing transactional data by date.
Published in Chapter:
Cryptocurrency: A Detailed Study
Prapti Bhattacharjee (Pailan College of Management and Technology, India), Vivek Saha (Pailan College of Management and Technology, India), and Parag Chatterjee (Pailan College of Management and Technology, India)
Copyright: © 2022 |Pages: 23
DOI: 10.4018/978-1-7998-8641-9.ch010
Since ancient times, currency has been an integral part of our lives. In the early times, we saw the barter system. No one really knows how currency came into the play. China created the world's first paper money in the early 7th century. Thousands of years later, we are living in the era of internet where after virtual games and friends, we have started using virtual currency. Cryptocurrency is an encrypted, peer-to-peer network for online payments directly between two parties without going through a financial institution. Bitcoin was the first and most popular cryptocurrency that was introduced in the year 2009 which created a huge surge in the market and got a lot of attention from the world. This new type of money is not likely to replace traditional flat currency, but it has the potential to change the way global markets interact with each other. Since the introduction of cryptocurrency, it has gathered a lot of appreciation and criticism. This chapter will provide in-depth discussion on cryptocurrency, its architecture, and also its pros and cons.
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Blockchain as a Disruptive Technology: Architecture, Business Scenarios, and Future Trends
It is the system of record for a business. It records asset transfer between participants. Business will have multiple ledgers for multiple business networks in which they participate.
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Metrics, Platforms, Emulators, and TestNets for Ethereum
Is a list of transactions. A database is different from a ledger. In a ledger, we can only add new transactions; however, in a database, we can add, modify, and delete transactions.
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Blockchain Use Cases in Healthcare
A ledger is a consensus of replicated, shared, and synchronized digital data geographically spread across multiple Internet sites, countries, or institutions.
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Integration of Blockchain and IoT (BIoT): Applications, Security Issues, and Challenges
A ledger is a sort of record that is shared, copied, and synchronized across decentralised network members. The distributed ledger keeps track of transactions between network participants, such as the exchange of assets or data.
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The Regulation of Blockchain in Africa: Challenges and Opportunities
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Blockchains for Use in Construction and Engineering Projects
Is a document that contains records of transactions held in chronological sequence. In modern terms, a digital ledger is defined as containing two distinct parts: the blockchain and the Current State database (or World State). The term Distributed Ledger Technology (DLT) describes copies held by multiple computers (or nodes) across a network.
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Digital Marketing Perspectives: Challenges and Opportunities Raised by Technology
Is a record-keeping system that tracks financial transactions. It is a book or a computerized database that contains all the financial information of a business, such as sales, purchases, payments, and receipts.
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