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Definition

The key word here is "token". The word has multiple meanings. The most prominent and relevan for our paper are the following:

  1. A piece representing money, but issued by an entity other than the government:
    1.1. A casino chip
    1.2. A unit of cryptocurrency also known as fungible tokens
    1.3. A voucher or a gift card (providing a limited amount of money in a limited number of places)
  2. A sign indicating or representing something important or secret:
    2.1. Substitution of a sensitive data element (in cybersecurity)
    2.2. Semi or Non-Fungible Tokens representing ownership rights for some digital or physical assets
  3. Access tokens:
    3.1. Physical security devices
    3.2. Cryptographic authentication objects
  4. Lexical token:
    4.1. A natural language distinctive element
    4.2. A programming language unit

Summarizing all the above, a token is a physical or cryptographic distinctive representation of or a unique access key to some valuable assets.