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What is the value of DLT in global trade (full name of DDU trade term)?

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The value of DLT in global trade, according to Cryptobriefing, is the use of blo

What is the value of DLT in global trade (full name of DDU trade term)?

The value of DLT in global trade, according to Cryptobriefing, is the use of blockchain technology. DLT enables real-time tracking and recording of transactions through the use of distributed ledgers, thus reducing the risk of information tampering and fraud.

Based on CoinDesk’s data, as of December 31, 2018, more than 33,000 international companies were engaged in supply chain finance using blockchain technology, with the majority being Asian enterprises.

Full Name of DDU Trade Term

On September 16th, it was reported that DDU is a term used to describe a trade term: DDO (DDU) is a digital currency based on smart contracts.

Writing transactions and sending emails, texts, and other content on the blockchain typically means that you can create applications or other cryptographic assets compatible with the Ethereum virtual machine. For example, you can transfer ETH to the DDU protocol; you can use DDA tokens as collateral to purchase BTC and mint NFTs; or you can automate payment operations through smart contracts.

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