This week in our 16 Weeks to the Moment of Truth series, we focus on setting up a private archery range. A backyard archery range is a luxury. You can practice at your own pace, save some money on range fees and skip the drive to the local range. At the end of these 16 weeks, the plan is to shoot one shot a day for a week.
A distributed ledger is a digital record of who-owns-what. But unlike traditional database technology, there is no central administrator of the ledger, nor is there a central data store. distributed ledger is a digital record of who-owns-what. But unlike traditional database technology, there is no central administrator of the ledger, nor is there a central data store.
In bookkeeping and accounting, a ledger is a book (or record) for collecting business transaction data from a journal, and organizing entries by account. The ledger provides information on the current balance in each account throughout the accounting period. At the end of the period, ledgers become the primary and authoritative source of data for building a firm's financial accounting reports, including the income statement and balance sheet.