Tokenization

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.

Related Terms

  • ERC-20

    ERC-20 is the standard interface for fungible tokens on Ethereum and compatible chains. It defines how balances, transfers and spending approvals work so any wallet or app can support a token.

  • Tokenomics

    Tokenomics is the economic design of a crypto token. It covers how the token is created, distributed, used, rewarded and removed from supply over time.

  • NFT

    An NFT, or non-fungible token, is a unique on-chain record of ownership for one specific item. It can stand for digital art, a game asset, an event ticket, a membership or a physical good.

  • Public vs Private Blockchain

    A public blockchain lets anyone join, read and validate transactions, while a private blockchain restricts those rights to participants an operator approves. Public chains favour openness and decentralisation; private ones favour privacy, control and speed.

  • Real World Asset (RWA)

    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.

  • Stablecoin

    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.

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