Though a distributed ledger is reasonably like a blockchain, they aren’t precisely the an equivalent. The choices are shut to those of a distributed ledger, which is a file of consensus with a cryptographic audit path, supported and validated by nodes that could possibly be every centralized or decentralized. However, a blockchain is a way to implement a distributed ledger. Nonetheless, you’ll have to phrase that not all distributed ledgers principally use blockchains.
That’s what Microsoft have acquired approval for, and its categorical ledger will operate as a blockchain. The license affirms constructive details about Microsoft’s distributed ledger, corresponding to the truth that it will let prospects create and cope with tokens. This course of continues to be very superior due to a scarcity of standardization all by way of the fully fully totally different blockchains.
Subsequently, Microsoft’s distributed ledger operate is to make this course of as straightforward and easy as attainable.
Source: CoinDesk