Distributed Ownership

Definition ∞ Distributed Ownership is a system where the rights and control over an asset or entity are shared among multiple participants, rather than held by a single central authority. In digital asset contexts, this is often achieved through tokenization on a blockchain, where tokens represent fractional shares. It democratizes access and governance.
Context ∞ A primary discussion involves the legal and practical frameworks for establishing and managing distributed ownership, particularly concerning real-world assets. Future developments will likely include more standardized legal agreements and technological solutions to ensure clear rights and responsibilities for all token holders, facilitating broader adoption.