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Glossary.
Blockchain Terms and Definitions.

A quick reference for blockchain, digital assets, smart contracts, DeFi, and digital finance terminology.

BlockchainA distributed ledger maintained by a network of participants.
ConsensusA protocol process for agreeing on the valid state of a ledger.
Smart ContractA blockchain-deployed program that executes predefined rules.
StablecoinA digital asset designed to reference a relatively stable unit of value.
TokenizationThe process of representing ownership or rights as digital tokens.
WalletSoftware or hardware used to manage keys and interact with blockchain networks.
Private KeySecret cryptographic material used to authorize transactions.
DeFiBlockchain-based financial applications that use smart contracts.
OracleA service that connects smart contracts with external data.
RWAReal-world assets represented through tokenization or digital records.
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