# i. Real World Assets (RWA) & Digital Representation

Real world assets (RWAs) are physical or legally recognized assets that exist outside blockchain systems but can be digitally represented for tracking, ownership, or transfer. Digital representation links real-world legal rights and economic value to structured digital records and tokens.

#### **Asset Backing**

The real-world asset or legal right that supports the value of a digital representation.

#### **Digital Representation**

A structured digital form that reflects attributes, rights, or status of a real-world asset.

#### **Legal Claim**

An enforceable right to ownership, cash flow, or control associated with an asset.

#### **Off-Chain Asset**

A physical or legal asset that exists outside a blockchain but may be referenced digitally.

#### **On-Chain Reference**

A blockchain record that points to or verifies information about an off-chain asset.

#### **Ownership Interest**

A legal or beneficial claim on an asset or entity holding the asset.

#### **Real World Asset (RWA)**

A tangible or legally recognized asset, such as real estate, infrastructure, or commodities.

#### **Rights Mapping**

The process of aligning legal rights and obligations with digital representations.

#### **Token Representation**

A blockchain-based token that reflects ownership, access, or economic rights tied to an asset.

#### **Value Linkage**

The connection between a digital representation and the economic value of the underlying asset.


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