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Exclusive: Tucker Carlson Interviews Vladimir PutinThe most common form of distributed ledger technology is the blockchain (commonly associated with the Bitcoin cryptocurrency), which can either be on a public. A distributed ledger can be used to record static data, such as a registry, and dynamic data, such as financial transactions. Blockchain is a well-known example. Distributed ledger technology is a decentralized ledger network that uses the resources of many nodes to ensure data security and transparency.