Definition ∞ Decentralized inventory refers to a system where ownership and management of assets or resources are distributed across a peer-to-peer network rather than being controlled by a single central entity. This structure often utilizes blockchain technology to maintain an immutable record of holdings and transfers. It enhances transparency and reduces counterparty risk.
Context ∞ Decentralized inventory is a key concept in crypto news, particularly within discussions about supply chain management, NFT marketplaces, and gaming ecosystems. Projects aim to provide users with verifiable ownership and control over their digital items. The shift towards decentralized inventory management is viewed as a fundamental change in how digital assets are tracked and exchanged.
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