Digital assets like cryptocurrencies, NFTs and other tokens are past âemergingâ â theyâre here to stay.
Blockchains are the technology solutions that enable digital assets. A blockchain is a method of securely recording information on a peer-to-peer network. Itâs a shared public database, duplicated across computer systems, in which new entries can be added but existing entries canât be altered.
Blockchain entries, called blocks, are generated via specific protocols that are different for each blockchain. Each block contains encoded information about the previous block, reinforcing the order and structure of the blockchain as it grows.
A digital asset is created, or minted, when new information is added to a particular blockchain. Through blockchain entries, users can exchange existing digital assets and/or create new (mint) ones.
