Now available: Polymesh Private. Discover polymesh.network/private →
.svg)
Polymesh Glossary
Contents
Overview
Decentralization, governance, and transaction finality
The Cryptoeconomic system: consensus, proof–of–stake, and who’s involved
Tokenization, tokens, and their types and standards
DLT, blockchain, and the different types and layers
Digital assets
Digital assets are broadly defined as digital representations of something of value. In the context of blockchain, digital assets are created, traded, and stored on the blockchain, enabling ownership to be verified and recorded electronically. This removes the need for paperwork or mediation by a central party like a bank or broker, making transactions quicker and easier. Cryptocurrencies, asset-backed stablecoins, security tokens and utility tokens are all subclasses of digital assets.
Join the community
© 2023 Polymesh Association. All Right Reserved