Definition ∞ On-Chain Asset Leasing is the process of temporarily granting usage rights to a tokenized asset on a blockchain in exchange for a fee, managed by smart contracts. This allows asset owners to generate income without relinquishing full ownership, while users gain access to resources. It enables efficient asset utilization within decentralized networks.
Context ∞ A primary discussion point concerns the development of robust smart contract frameworks that ensure fair terms, secure collateral, and efficient dispute resolution for on-chain leases. Future developments will likely involve the expansion of asset classes available for leasing, including real-world assets and computational resources, increasing market liquidity.