Ledger

What is Ledger?

A ledger is a record-keeping system used to track financial transactions and account balances. In modern fintech, digital ledgers are the core components of banking systems and blockchain networks, ensuring that every movement of money is accurately documented.

Why It Matters

• It provides a definitive and auditable history of all financial activity.

• It ensures the integrity of account balances by preventing double-spending.

• It serves as the foundation for generating financial statements and regulatory reports.