Definition ∞ Digital assets and applications built upon distributed ledger technology. These products range from cryptocurrencies and non-fungible tokens to decentralized finance protocols and supply chain management systems. They leverage blockchain’s inherent properties of immutability, transparency, and decentralization to offer novel functionalities and value propositions.
Context ∞ The proliferation of blockchain products continues to expand the digital economy, presenting both opportunities and challenges for users and regulators. Understanding the diverse array of these offerings is vital for assessing market trends and technological evolution. Ongoing developments focus on enhancing user experience, security, and interoperability across various blockchain ecosystems.
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