Whereas Trust is delegated to 3rd parties in our legacy systems, Distributed Ledger Technology (DLT) systems are Trustless. This means Trust is embedded within computer code, and so the network participants do not need to Trust each other for the system to function. This is important because, in legacy systems, 3rd parties extract value due to
The Value of Trustlessness
The Value of Trustlessness
The Value of Trustlessness
Whereas Trust is delegated to 3rd parties in our legacy systems, Distributed Ledger Technology (DLT) systems are Trustless. This means Trust is embedded within computer code, and so the network participants do not need to Trust each other for the system to function. This is important because, in legacy systems, 3rd parties extract value due to