Blockchain and Distributed Ledgers: What is the Difference?

Blockchain is one type of distributed ledger, where data is stored in the form of a chain of blocks, each containing information and cryptographically linked to the previous one. This data structure ensures high security and protection against modifications. Distributed ledgers, on the other hand, represent a broader technology encompassing different ways of storing and managing data without centralized control. Unlike blockchain, these ledgers can use other mechanisms, providing greater flexibility for various applications and tasks.