A ledger network refers to a system where multiple ledgers or accounts are connected and communicated with each other. It enables secure and transparent record-keeping and sharing of information among different parties involved. Full definition
In a private distributed ledger network, often the participants are self - identified known businesses, and they may want to agree to some contractual terms before participating. (bitsonblocks.net)
The key point is that the evolution of data in a distributed ledger network is that at a technical level, there are rules about how data is handled. (bitsonblocks.net)
Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. (digitaltrends.com)