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A token is a physical or digital object with no intrinsic value but in a concrete context. A good example could be the chips in the casino, which have no value out of it. In a digital environment, the tokens can also be units of value which can grant rights to the owners within a […]

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Fiat currency

Fiat currency is a type of currency which a decree from government declares as a legal tender. There are no commodities backing this type of currency. Its value comes from the trust is the correspondent financial system.

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CBDC is the acronym for Central Bank Digital Currency.

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