Скачать или смотреть What is Tokenisation?

Generally speaking, a token is a representation of value or specific attributes, it's a contract which represents rights and obligations. Tokens are the fundamental building block of the incentive model of blockchain. Without the token, you change the economic model.

In this video, Dr Micha Pettit, a Research Director at nChain, breaks down what a token is, how they evolved from grains and metals to digital assets, why they’re important in the peer-to-peer economy and how they facilitate efficient value exchange.

Why is this relevant to the Philippines?
Did you know that the crypto* adoption in this region is currently at 28%, 5th highest in the world? When it comes to NFTs, the Philippines’ adoption rate is currently at 32%, with another 9.5% planning to adopt in the near future.
*The term ‘crypto’ is often used when people refer to tokens that are native to blockchain.

Watch the full video now to explore interesting use cases and how this technology could be implemented in countries like the Philippines🇵🇭.

Learn more at nchain.com.