What’s a token?
Tokens are a versatile new form of value that can facilitate seamless transactions within a given usage domain such as commerce. A token typically only exists digitally and is governed by a blockchain. Tokens are secured through encryption and represent a type of value. Versatile and programmable, tokens exhibit features that can be useful in the machine-to-machine economy. As the reach of automation and digitalization extends further across the automotive industry and vehicles gain autonomy, the role and importance of a token as a form of exchange is destined to rise.
Experts on this topic
Chief Digital Officer, Automotive,
Aerospace and Defense, IBM iX
Global Lead on Central Bank DC Solutions
IBM Global Markets - Cloud Sales
Enterprise Architect - Digital Consultant in Automotive, Aerospace and Defense
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