Token: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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* [[Internal Crypto-Assets Task Force]] | * [[Internal Crypto-Assets Task Force]] | ||
* [[Money]] | * [[Money]] | ||
* [[Non-fungible token] | |||
* [[Ripple]] | * [[Ripple]] | ||
* [[Strong Customer Authentication]] | * [[Strong Customer Authentication]] | ||
Revision as of 14:07, 2 August 2021
1. Currency - money.
An object - such as a coin, banknote or digital equivalent - whose validity can be identified.
Invalid tokens include counterfeit physical currency.
Invalid physical tokens are ones that have already been spent.
The alternative to token-based money systems is an account-based system.
2. Authentication.
A physical item held by a user of a security system, as an element of identifying them and confirming their authority to use the system.
