After the emergence of blockchain as an independent technology applicable in various banking and financial domains, many people in different countries quickly started using blockchain as an infrastructure technology. The advanced blockchain technology provides a new data storage format in the database, and the pattern of transaction processing in this technology enables a high level of decentralization. Therefore, applying this technology in various fields provides safe, scalable, and efficient management of resources due to distributed and decentralized data control. The present research describes its unique properties, such as distribution, after a brief introduction to blockchain and its framework and components. According to the accomplished research, blockchain is a distributed ledger that uses cryptographic and algorithmic approaches to build and verify an extensive data structure. This is the first and most important difference between blockchain and distributed ledger. The blockchain data structure consists of a chain of blocks comprising transaction information recorded on a ledger. A blockchain consists of a sequence of blocks, while a distributed ledger does not necessarily require a chain or sequence.
Further, distributed ledgers do not require proof of work. Principally, DLT does not require a block data structure. This ledger is just a database model distributed across several places or regions. Although DLT and blockchain have many similarities, they are two different concepts.
