Explain Distributed Ledger Technologies Principles

Catalogued

Explain the principles of the system architecture underlying distributed ledger technologies (DLT), in particular blockchain. Understand the DLT system architecture in terms of functional components in the core and service layers, the application service platform, DLT services, and external services. Understand the interaction of these components to provide DLT-based functions such as consensus mechanism functions, ledger management functions, smart contract mechanism functions, and distributed application management functions.

Explain Distributed Ledger Technologies Principles sits under Programming Languages and Frameworks in the Information Technology domain of the Luminid skills catalogue.

Also known as

explain distributed ledger technologies properties
blockchain architecture
distributed ledger technology
DLT principles
blockchain consensus mechanisms
smart contracts
ledger management
blockchain system design
DLT fundamentals

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