Applications that run on a blockchain instead of being controlled by a single company or server. dApps use smart contracts to operate automatically and allow users to interact directly with the application.

An organization that is built on a blockchain and governed by code and community members, as opposed to a centralized entity. Tokens are issued to community members, providing a stake in the organization and a mechanism for voting. Rules are embedded in code to automatically execute when conditions are met.

A type of digital exchange that allows users to trade digital assets directly with each other without a central company holding their funds. Trades are executed using smart contracts.

A collection of financial services built on blockchain technology that operate without traditional banks or intermediaries. DeFi allows users to lend, borrow, trade, and earn interest using digital assets.

The foundational system of the internet that translates IP addresses into human-readable names (like hello.locker).

Software or hardware that stores the private keys needed to access and manage cryptocurrencies and digital assets. A digital wallet allows users to send, receive, and interact with blockchain applications.

A way to represent and verify identity online using blockchain technology. Digital identities are human-readable addresses that replace the standard blockchain hexadecimal addresses, like "hello.locker."

Any asset that exists in digital form and can be owned, transferred, or traded electronically. In Web3, digital assets often include cryptocurrencies, NFTs, and tokenized real-world assets.