Hello friends welcome to our Channel, Blockchain
Today we are going to start our channel with the first video and we are going to explain few terms that we should know before we start learning blockchain technology,
The terms and that related topics what we are going to discuss is today is DLT distributed ledger technology smart contract brock and we will give a short description of blockchain technology in this tutorial.
We are starting with DLT now so distributed ledger technology it’s actually includes blockchain technology and smart contracts both together actually distributed ledger is a data structure which resides in the multiple computer device and spread across multiple region and locations smart contracts, you can see the name smart contract.
Smart contracts are computer program that execute the predefined actions when certain conditions made with the system so basically smart contracts decides in between that party to party which are included in that blockchain system