(noun): A digital representation of value or ownership in a system.

Example: “I received a token for completing the online survey.”


(noun): The study of the economic aspects of cryptocurrencies or digital tokens.

Example: “Tokenomics examines how the supply and demand of a token affect its value.”


(noun): An exchange or transfer of goods, services, or assets between two parties.

Example: “I made a transaction to purchase a new smartphone online.”


(noun): The quality of being open, clear, and easily understood.

Example: “The company’s financial records were made public to ensure transparency.”


(noun): A record of the date and time when an event or action occurred.

Example: “The timestamp on the email indicated that it was sent at 3:45 PM.”


(noun): The process of converting real-world assets or rights into digital tokens.

Example: “The artwork was tokenized, allowing people to own a fraction of it.”


(noun): The ability to track and verify the origin, history, and movement of something.

Example: “The blockchain technology ensures the traceability of the supply chain.”


(adjective): A system or network that operates without the need for trust among participants.

Example: “Blockchain technology enables trustless peer-to-peer transactions.”


(noun): A version of a blockchain network used for testing and development purposes.

Example: “Developers can experiment with their smart contracts on the testnet before deploying them on the mainnet.”