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Which term describes the process of converting a physical asset into a digital representation on a blockchain?

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Which term describes the process of converting a physical asset into a digital representation on a blockchain?

Question: Which term describes the process of converting a physical asset into a digital representation on a blockchain?

Answer: Tokenization.

Further reading

What is the purpose of a “replay attack” in the context of blockchain?

Which blockchain feature allows the creation of a secondary blockchain that runs in parallel to the main blockchain?

What is the purpose of a “whitepaper” in the context of blockchain projects?

The post Which term describes the process of converting a physical asset into a digital representation on a blockchain? appeared first on Followchain.