What is tokenization & how does it work?

Tokenization can create several types of tokens. Stablecoins, a type of cryptocurrency pegged to real-world money designed to be fungible, or replicable, are one example. Another type of token is an NFT —a nonfungible token, or a token that can’t be replicated—which is a digital proof of ownership people can buy and sell.

What are digital assets & tokens?

Digital assets and tokens. These are items of value that only exist digitally. They can include cryptocurrencies, stablecoins, central bank digital currencies and NFTs. They can also include tokenized versions of assets, including real things like art or concert tickets.

Why are blob tokens unique?

That typically clarifies a lot and allows us to help you more efficiently. Tokens are unique for a particular version of an upload. If you overwrite the file with new content, then a new token will be generated with a new unguessable url. So in other words, tokens are unique for a particular blob -- they are not unique per storage location.

What are the different types of tokens?

Another type of token is an NFT —a nonfungible token, or a token that can’t be replicated—which is a digital proof of ownership people can buy and sell. Tokenization is potentially a big deal. Industry experts have forecast up to $5 trillion in tokenized digital-securities trade volume by 2030.