Why does Timber Chain use Distributed Ledger Technology (DLT)?

Timber Chain manages supply chain information on a platform that uses principles of blockchain, or Distributed Ledger Technology (DLT). DLT has been selected for Timber Chain because:

• It demonstrates a trustable, high level of transparency and security (compared to other alternatives). 
• It is ideally suited for transactions between different organisations which require a degree of trust. In this sense DLT links existing traceability systems along a chain, adding extra security.
• Data is stored in a secure digital ledger forever, making future requests for documentation seamless.
• It is immutable (tamperproof) and ensures that once data is uploaded it cannot be maliciously tampered with.