Although a distributed ledger is fairly like a blockchain, they aren’t exactly the an equal. The alternatives are shut to these of a distributed ledger, which is a file of consensus with a cryptographic audit path, supported and validated by nodes that might probably be each centralized or decentralized. Nevertheless, a blockchain is a approach to implement a distributed ledger. Nonetheless, you’ll should phrase that not all distributed ledgers principally use blockchains.
That’s what Microsoft have acquired approval for, and its categorical ledger will function as a blockchain. The license affirms constructive particulars about Microsoft’s distributed ledger, comparable to the reality that it will let prospects create and address tokens. This course of continues to be very superior attributable to a shortage of standardization all by the use of the absolutely absolutely completely totally different blockchains.
Subsequently, Microsoft’s distributed ledger function is to make this course of as simple and simple as attainable.
Source: Market Watch