OLTP stands for Online Transaction Processing. It is a class of data processing that focuses on transaction-oriented tasks, typically for data entry and retrieval transaction processing. OLTP systems are designed for high-volume, real-time processing of business transactions. Examples include ATM transactions, e-commerce purchases, and point-of-sale (POS) systems. Key characteristics of OLTP systems include atomicity, consistency, isolation, and durability (ACID properties) to ensure data integrity, as well as high concurrency and fast response times.
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