What are the applications of distributed ledgers?

The Distributed ledger technology is able to assist governments in tax collection, issuance of passports, recording land registries, licenses, and the outlay of Social security benefits, in addition, to vote casting techniques in day-to-day life. The era is making waves in several industries, consisting of Finance, Music and entertainment industry and many more. Distributed ledger technology is within other used or tested for insurance applications such as right management and for banking applications where digital identification and smart contracts are just a few use cases that fit in myriad financial operations.

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