0 Anonymous Asked: May 1, 2019In: Blockchain I am confused that what is difference between Blockchain and Banking Ledgers? 0 … Share Facebook 1 Answer Voted Oldest Recent Aaron Added an answer on May 1, 2019 at 6:52 pm Financial institutions involved in dealing with daily transaction use ledgers to record and timestamp them. It is fully under the control of central govt. authorities and strictly regulated. Blockchain is very similar to ledgers with a striking difference. It is open to all and each and every single individual can operate with their own set of perceptions and practice accordingly. Blockchain can be customized as per the will of the programmers and doesn’t need any regulations. Bitcoin isn’t being regulated by govt. authorities because it covers an end number of Central Bank Jurisdictions. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.