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Blockchain In 7 Minutes - What Is Blockchain - Blockchain Explained-How Blockchain Works-SimplilearnIt is realized through establishing smart contracts with distributed ledger technology (DLT), which is immutable, transparent and traceable. ASSET DIGITIZATION. The process of representing the ownership of an asset as digital tokens stored on blockchain. � TOKEN ISSUANCE � DISTRIBUTED DATA STORAGE. Asset tokenization is an extended use case of blockchain technology beyond Bitcoin (BTC) that enables the purchase, sale and exchange of digital assets on.