How Does a Distributed Ledger Benefit from Non-Repudiation?
Non-repudiation is a cornerstone of a distributed ledger's trustless nature. It removes the need for central authorities to guarantee transactions.
Every transaction is definitively linked to a key pair, meaning the network can independently verify all transfers. This enables reliable, automated settlement of financial obligations, such as in decentralized derivatives markets, without the risk of a party denying their trade.