The S&P Kensho Distributed Ledger Index is designed to measure the performance of companies involved in the advancement of distributed ledger technology and those enabling services, such as miners.
A subsector index within the S&P Kensho New Economy Index Series, the S&P Kensho Distributed Ledger Index intends to represent companies that are focused on distributed ledger technology, which refers to a novel and fast-evolving approach to recording and sharing data across multiple data stores (or ledgers), across a distributed network of participants. Distributed ledger is revolutionizing how securities transactions are recorded and settled, how payments are conducted, and even how medical records are maintained and made available to authorized participants. The removal of a centralized ledger holds the possibility of streamlining many of these activities, removing multiple intermediaries and steps from each process, thus improving both speed and efficiency.
