A digital asset that exists on top of another blockchain (unlike coins, which have their own blockchain). Tokens can represent value, access, or even ownership of real-world assets.

A real-world or digital asset that has been converted into a token on a blockchain. Examples include tokenized real estate, art, or company shares.

The amount paid to a blockchain network to process and confirm a transaction. Fees can vary based on network activity and the blockchain used.

A peer-to-peer transaction that doesn’t require trusting a middleman or central authority. Blockchain technology ensures security and verification automatically.