A tokenized commodity is a physical commodity converted into a digital asset. Commodity tokenizationTokenization transforms rights to an asset into a digital token that can be stored and transmitted on a decentralized ledger,... utilizes blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... technology, which provides a secure and transparent record of ownershipEvery transaction and block on a blockchain has an owner. An owner is any entity (person, group, or organization) with... of the tokenized asset. Digital exchanges trade tokenized commodities similarly to other cryptocurrencies.
