A tokenized commodity is a physical commodity converted into a digital asset. Commodity tokenizationTokenization transforms rights to an asset into a digital token that can be stored and transmitted on a decentralized ledger,... Read More utilizes blockchainA Blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a... Read More technology, which provides a secure and transparent record of ownershipEvery transaction and block on a blockchain has an owner. An owner is any entity (person, group, or organization) with... Read More of the tokenized asset. Digital exchanges trade tokenized commodities similarly to other cryptocurrenciesA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by....
