Unlike conventional, decentralized transaction databases where each party maintains separate records, a Unified Transaction Ledger uses a shared or distributed infrastructure—typically blockchain or distributed ledger technology—to record all supply chain events (goods receipt, customs clearance, warehouse movements, deliveries) in one immutable, shared record.
Source: https://en.wikipedia.org/wiki/Distributed_ledger
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.