An electronic ledger is a digital system that records events or transactions in a chronological, tamper-evident, and verifiable way. It is the modern equivalent of a traditional accounting ledger, but it is not limited to finance: it applies to any system that maintains secure, ordered data over time.
In EMOZ’s case, we use a public blockchain as our electronic ledger. This means that every certificate issued is:
Permanently recorded,
In a unique and verifiable chronological order,
And protected in a way that any future modification would be immediately detectable.
Even if EMOZ were to cease operations, the blockchain transaction would still exist and serve as a valid and independently verifiable proof of ownership.