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What is a blockchain token?

  • Written by Stephen McKeon, Assistant Professor of Finance, University of Oregon
What is a blockchain token?What's this digital token good for, anyway?knipsdesign/Shutterstock.com

People are just becoming acquainted with the idea of digital money in the form of cryptocurrencies like bitcoin, where transactions are recorded on a secure distributed database called a blockchain. And now along comes a new concept: the blockchain-based token, which I’ve...

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