A digital asset, whether it's Bitcoin, Ether, or another cryptocurrency, represents a value amount. Another example of a digital asset that represents value is a token. But, with a token, the value might not be monetary. Tokens can represent time, services, property, or goods that are tradeable.

In this module, you'll learn about the significance of tokens and how they're used in blockchain.

Learning objectives

By the end of this module, you will be able to:

  • Explain what tokens are
  • Identify the primary types of token standards
  • Use the contracts library in OpenZeppelin
  • Create a token smart contract