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Settlement
The finalization of a transaction — when ownership officially transfers. Traditional finance takes 1-3 days (T+1, T+2). On-chain settlement is instant and final.
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DeFi (Decentralized Finance)
Financial services and products built on public blockchains, accessible to anyone with a wallet and without intermediaries like banks or brokers.
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The process of representing ownership of a real-world asset as a digital token on a blockchain. The token provides a verifiable, transferable record of ownership.
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