ERC-721

Token

A digital asset created and managed on a blockchain, representing value, utility, or ownership rights.

Fungible Token

A blockchain token where each unit is identical and interchangeable with any other unit of the same token.

Non-Fungible Token

A unique digital asset on a blockchain that represents ownership of a specific item, artwork, or piece of content.

ERC-20

A technical standard for implementing fungible tokens on the Ethereum blockchain.

Tokenomics

The economic design and incentive structures governing a cryptocurrency or token ecosystem.

Tokenisation of Assets

Converting rights to real-world assets into digital tokens on a blockchain for fractional ownership and trading.

Real-World Assets

Physical or traditional financial assets such as real estate, commodities, and securities that are represented as digital tokens on a blockchain for improved liquidity and accessibility.

Security Token

A digital asset on a blockchain that represents ownership of a regulated financial instrument such as equity, debt, or revenue share, subject to securities laws.

Token Standard

A technical specification defining the interface and behaviour of tokens on a blockchain, such as ERC-20 for fungible tokens and ERC-721 for non-fungible tokens.

A collection of funds locked in a smart contract that provides liquidity for decentralised trading and lending.

A blockchain network where participation is restricted to authorised entities, common in enterprise applications.

A consensus mechanism requiring computational effort to validate transactions and create new blocks, used by Bitcoin.

The process of using computational power to validate transactions and add new blocks to a proof-of-work blockchain.

An encryption system using mathematically linked key pairs — a public key for encryption and a private key for decryption.

A blockchain network open to anyone to participate as a node, validator, or user without requiring approval.

A Layer 2 scaling solution using zero-knowledge proofs to validate off-chain transactions on the main blockchain.

Distributed file storage systems where data is spread across multiple nodes rather than centralised servers.