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Distributed Ledger Meaning

A distributed ledger is a shared database that is replicated and synchronized across multiple nodes in a network. Each participant maintains a copy of the ledger, and updates are recorded through a coordinated process rather than controlled by a single central authority. Distributed ledgers provide transparency, resilience, and tamper resistance.

Unlike traditional centralized databases, a distributed ledger ensures that no single entity has unilateral control over records. Changes must be agreed upon by the network according to predefined rules. This structure makes distributed ledgers particularly suitable for environments where trust between participants is limited or where auditability is critical.

Distributed ledgers may be public or private, permissionless or permissioned, depending on who can access and update the data. While blockchains are the most widely known type of distributed ledger, not all distributed ledgers rely on blocks or mining.

The defining characteristic is shared control over data. In financial markets, distributed ledgers are used to record asset ownership, settlement events, and transaction histories.

By providing a single source of truth shared across participants, they reduce reconciliation costs and operational complexity. Their adoption continues to grow as institutions seek more efficient and transparent infrastructure.

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Important Disclaimer:

Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

Finery Markets’ software is non-custodial and is provided exclusively to licensed institutional entities that act as independent operators of their own environments. All counterparties are solely responsible for establishing and maintaining their own bilateral trading and settlement relationships. Finery Markets is not a party to any such arrangements and assumes no responsibility for the conduct, verification, or compliance obligations of any users of the software.

Nothing on this website shall be construed as a financial promotion, investment advice, or an offer to engage in regulated activities. Access to and use of the software is strictly limited to clients who have entered into a software licensing agreement with Finery Markets. Persons located in jurisdictions where such access is restricted should not rely on this website or any of its contents.

Additional notice to UK visitors: This website and associated communications are not intended to constitute a financial promotion under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) and related guidance. Access to services provided by Finery Markets is limited to regulated entities, professional clients and eligible counterparties as set out by the Financial Conduct Authority. UK users are not permitted to use this website for the services of Finery Markets if they don't fall within these categories.