Table 1.

Comparing characteristics of DLT applications

Cryptocurrency	Finance, supply chain, e-commerce, etc.
1. Anonymity	ID required for contracts or government regulation
2. Public access/transparency	Controlled access
3. Small transaction size	Range of message sizes up to large documents, images
4. Immutable records	Changes and deletions, often required by law
5. Proof of work	Flexible consensus models
6. Block ordering guarantees	Timestamps often required
7. Decentralization	Same in many applications
8. Replication	Same in many applications
9. Data integrity guarantees	Same in many applications