Ledger

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Meme

The need to keep track of goods and services may well have been the original purpose of writing.

History

  • 3400 B.C. Mesopotamian Clay Tablets – The earliest known Ledgers were clay tablets used to track grain, livestock, and labor.
  • 1300 Double entry bookkeeping was use by Amatino Manucci in Florence to improve accuracy and detect errors of various sources.
  • 1890 Herman Hollerith's punched card tabulating machines introduced digital processing to US Census Ledgers.
  • 1942 IBM, the successor to Hollerith, constructed one of the first relay computers, used at Harvard University during World War II.
  • 1948 Ed Guilbert created digital Ledgers of the material on teletype machines used to track material in the Berlin airlift.
  • 1954 Univac electronic computers are installed in corporations to keep accounting Ledgers in fully digital format.

Distributed Ledger Technology

Context

References