BlockShots: Blockchain Simplified

Episode 23 - What are Blockchain Tokens?


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Tokens are digital assets representing a user’s right to use a system/service/application or to participate in a process based on blockchain.

Tokens are similar to cryptocurrencies in terms of issuance and distribution, but they are different in terms of value. A cryptocurrency can be used as a medium of exchange, while a token has only utility or security value.

Let’s understand more in this episode.



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BlockShots: Blockchain SimplifiedBy Gautam Dhameja (web3gautam)