A real world asset (RWA) is a physical or traditional financial asset whose ownership or economic rights are represented by a blockchain token. Examples include property, bonds, invoices and commodities.
KYC/AML means the Know Your Customer and Anti-Money Laundering controls regulated firms use to verify customers and detect suspicious money flows. They apply to banks, payment firms and, in many countries, crypto exchanges.
A stablecoin is a cryptocurrency designed to hold a steady value, usually against a national currency such as the US dollar. It stays stable through cash reserves, crypto collateral or supply rules.
Tokenization is the process of recording ownership of an asset as tokens on a blockchain. The asset can then be divided into smaller units, transferred and settled without a central registrar.
A blockchain oracle is a service that brings outside data, such as asset prices or event results, onto a blockchain so smart contracts can use it. Contracts cannot fetch that data themselves.
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