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.
What is a 'Ledger Balance'. A ledger balance is the balance of a customer bank account that displays on a bank statement. The ledger balance is computed by subtracting the aggregate number of debits from the aggregate number of credits for a given accounting period. In banking and business, the ledger balance is used in the reconciliation of book balances.