As there is no single point of failure and no single or third party acts as the central authority, everyone owns the network, but at the same time doesn't. Transactions are added as blocks, but only when a consensus is reached; once appended to the block and the block is added to the chain, it remains omnipresent and immutable. Without a third party being involved and no reliance on a centralized database, DLT and blockchain offer opportunities in terms of identity verification, security, and authentication of trust on an immutable, trusted, distributed platform.