Glossary Crypto & Web3
Tokenisation
Issuing a blockchain token that represents a claim on something off-chain, such as a bond, a fund share or property. The legal enforceability of that claim matters far more than the technology.
More from the glossary
Altcoin
Any cryptocurrency other than Bitcoin. The label spans serious infrastructure projects and outright jokes, so it…
Editorial
An unsigned piece stating the publication's own institutional position, distinct from both news reporting and outside…
Large language model
A model trained on vast amounts of text to predict what comes next, which turns out…
Deflation
A sustained fall in the general price level. It sounds welcome but tends to delay spending…
