What is Tokens?

In the context of computer science and particularly blockchain, "tokens" generally refer to a digital representation of an asset or utility that is built on top of an existing blockchain. They are used in various applications, including representing ownership, providing access to services, and enabling decentralized governance. Common types include cryptocurrency tokens, utility tokens (granting access to a product/service), and security tokens (representing ownership in a company or asset). Tokens can be fungible (interchangeable, like currency) or non-fungible (unique, like collectibles).