The word you're looking for is dematerialised. Real trading happens with dematerialised assets, where actual assets are given a representation in a ledger and t

The word you're looking for is dematerialised. Real trading happens with dematerialised assets, where actual assets are given a representation in a ledger and then moved around. This is similar to a currency on the gold standard, where a paper note is generated from and exchangeable for a noted amount of gold. In a Demat trading environment, assets like stocks, gold or any commodities are held somewhere and electronic tokens are issued for them, which are then traded by firms with compatible interfaces. Not to be confused with gambling, where your tokens do not represent your or anyone's ownership of any tangible asset.