Distributed ledger technology (DLT) is the grit of the flourishing Bitcoin (BTC) and the crypto sector at large. DLT is a revolutionary method to hold immense amounts of information since they are held in several places, the records it stores are indeed public and quickly verifiable. The unpredicted uses of vanguard technology are now being discovered.
Australian banks are ready to replace both the R3 Blockchain Consortium and the Linux Hyperledger projects in the position of leaders who drive the development of Blockchain technology. This future is predicted by Thomas McAlister, an Australian expert at Bankcoin Reserve Pty Ltd, who works with governments and their central banks.