Dematerialize is a term used to describe the process of converting physical objects into digital or virtual forms. It is often used in the context of financial transactions, where physical documents such as checks and contracts are replaced with digital versions. Dematerialization can also refer to the process of reducing the amount of physical materials used in production, such as replacing plastic packaging with paper or cardboard. In general, dematerialization is a way of reducing the environmental impact of production and consumption. The term 'VANISH' is an apt description for this process, as physical objects are replaced with digital versions that can be accessed virtually.