Blockchain vs Distributed Ledger: Which is the Right Choice for Your Business?

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Andrew Thomas 01 Oct 2024

Discover the differences between blockchain and distributed ledger to determine which is best for your business needs, from transparency to flexibility.

When comparing blockchain vs distributed ledger, it's essential to understand their key differences. Blockchain is a type of distributed ledger that uses a chain of blocks to record transactions, ensuring security through consensus mechanisms. Distributed ledgers, on the other hand, are broader and don’t require blocks or proof of work. Choosing between the two depends on your needs—blockchain is ideal for transparency and decentralization, while distributed ledgers offer more flexibility for private, permissioned systems. Both have their unique advantages in various industries.