Tokenisation of Assets

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.

ERC-721

A technical standard for non-fungible tokens on the Ethereum blockchain, ensuring each token is unique.

Tokenomics

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

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.

The ability of a distributed system to reach consensus despite some nodes acting maliciously or failing.

A distributed, immutable digital ledger that records transactions across a network of computers without a central authority.

The transaction fee paid to blockchain network validators for processing and confirming transactions.

The base blockchain protocol layer that handles consensus, data availability, and transaction settlement.

A digital system for recording, sharing, and synchronising data across multiple sites without a central administrator.

A service that provides smart contracts with verified external data from off-chain sources such as market prices, weather conditions, and real-world events.

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge — a compact zero-knowledge proof requiring no interaction between prover and verifier.

A consensus mechanism where token holders vote for delegates who validate transactions on their behalf.