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Unpermissioned Ledger

A ledger is a type of database that is used to store data. There are two types of ledgers: permissioned and unpermissioned. A permissioned ledger is one where only certain people are allowed to manage the data within it. An unpermissioned ledger is one where anyone can manage the data within it.

The term “ledger” comes from the fact that in the past, ledgers were often kept in physical books. Each entry in the ledger was written on a separate page, and the pages were then bound together. Today, ledgers can be kept in physical books, but they are more often kept in electronic form.

The data that is stored in a ledger can be anything. For example, a ledger could be used to store financial data, such as transactions. A ledger could also be used to store data about people, such as their names and addresses.

Ledgers are used for many different purposes. Some ledgers are used to track data for a single organization, while others are used to track data for multiple organizations. Ledgers can also be used to track data for a single person, or for multiple people.

There are many different types of ledgers, but the two most common types are permissioned and unpermissioned ledgers.

A permissioned ledger is one where only certain people are allowed to manage the data within it. For example, a permissioned ledger might be used to store financial data for a company. Only the people who are authorized to access the company’s financial data would be able to add, remove, or change the data in the ledger.

An unpermissioned ledger is one where anyone can manage the data within it. For example, an unpermissioned ledger might be used to store data about a person’s health. Anyone would be able to add, remove, or change the data in the ledger.

The choice of whether to use a permissioned or unpermissioned ledger depends on the type of data that is being stored, and on the needs of the people who will be accessing the data.



27 Dec 2023

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