What types of data can be stored on-chain using the platform’s distributed ledger technology (DLT)?
Algorand's distributed ledger technology (DLT) allows users to store a variety of data on-chain.
This includes financial transactions, digital assets, and other types of data such as documents, images, and videos. The platform also supports smart contracts, which can be used to store more complex data structures such as tokenized assets and digital identities. Additionally, Algorand's DLT can be used to store off-chain data in an immutable and secure manner.
This includes records of physical assets such as land titles or other documents that need to be securely stored for long periods of time. Finally, Algorand's DLT can also be used for decentralized applications (dApps) that require the storage of large amounts of data.
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