Skip to content

Token

A token is a digital unit whose meaning depends on the system using it. In blockchain, it may represent value, a right of use or another asset through the network's rules

What it means, how it is used and where it comes up, with its related concepts.

What it is and how it works

In blockchain, it is worth examining which functions or rights the project assigns to the token, without inferring them solely from its name. In security, a token can refer to a credential without necessarily being temporary. In AI, it denotes a unit of representation processed by a model, covered in its own entry. Sharing the word does not imply shared operation, economic value or legal treatment.

Also known as

Crypto token, Crypto-asset

Related concepts

Token: what it is and how it works · Zorraquino