Glossary

Token

A token in the context of blockchain technology represents a unit of value issued by a project or organization. It can serve various functions, from acting as a digital asset or currency within a specific ecosystem, facilitating transactions, to representing ownership or access rights to assets or services. Tokens can be programmable, meaning they can include smart contracts that enable complex behaviors, such as automatic dividend distribution or access management. They are stored and transferred on blockchain networks, ensuring security, transparency, and immutability of transactions.