Learning objectives - Video Tutorials & Practice Problems
Video duration:
45s
Play a video:
Video transcript
Welcome to lesson six, Digital Tokens. Now that we've gone over what smart contracts are, we will discuss a type of cryptocurrency called a digital token. These digital tokens can act as digital assets which can represent a wide range of things, both digital and physical. Shares in a company, money, land titles, and all sorts of products and things can be represented by digital tokens through a process called tokenization. Tokenization is being applied across a wide range of industries and many people regard it as a truly disruptive force which can transform the economy. In this lesson, we will go over what digital tokens are and we will dive into the concept of tokenization.