Web3
NFT
A token recording ownership of a specific item on a blockchain, where each unit is distinct rather than interchangeable.
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Understand the terms, concepts and technologies behind crypto, finance, markets, AI and Web3.
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Start here The terms worth knowing first
Crypto
Bitcoin
The first cryptocurrency, secured by a decentralised network of miners rather than any central authority.
Blockchain
Blockchain
A distributed ledger that records transactions across many computers so entries cannot be altered retroactively.
DeFi
DeFi
Financial services built on public blockchains, run by smart contracts instead of banks or brokers.
Popular terms
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