Distributed Ledger Technology (DLT) is a revolutionary concept that underlies blockchain technology. At its core, DLT is a decentralized and distributed system that records and manages transactions across a network of computers or nodes. Unlike traditional centralized systems where a single entity maintains control over the ledger, DLT operates in a decentralized fashion, allowing multiple participants to maintain and validate the ledger independently. This decentralization, combined with cryptographic security measures, ensures that the data stored on the ledger is tamper-proof and resistant to unauthorized alterations. Blockchain is a prominent type of DLT that uses a chain of blocks to record transactions sequentially. However, there are various other types of DLTs, such as Directed Acyclic Graphs (DAGs) and Hashgraph, each with its unique structure and consensus mechanisms, catering to specific use cases and requirements in the evolving landscape of distributed ledger technology.