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Dictionary

Token

A broad term that describes a digital data element that you can buy, sell or transfer which represents something either real or purely digital.

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Tokenization

The process of transforming something into a digital asset, which makes it tradable, traceable and allows fractionalization.

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Transparency

The ability for anyone to see the code and all transactions executed on the blockchain. For the Ethereum Blockchain, etherscan.io is mainly used.

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