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Ethereum Name Service (ENS) is a decentralized domain name service built on the Ethereum blockchain, allowing users to register human-readable domain names that can be linked to cryptocurrency addresses, smart contracts, and other digital assets. ENS simplifies the process of sending and receiving cryptocurrencies by replacing complex hexadecimal addresses with easy-to-remember names.
The iShares Silver Trust Tokenized ETF (Ondo) (SLVon) is a digital asset designed to provide exposure to the price of silver through a tokenized exchange-traded fund (ETF). By utilizing blockchain technology, SLVon allows investors to trade silver-backed tokens seamlessly, combining the benefits of traditional investing with the advantages of digital currencies.