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Henk van Cann edited this page Sep 21, 2023 · 2 revisions

Definition

A digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a digital ledger or computerized database using strong cryptography to secure transaction record entries, to control the creation of additional digital coin records.
See more on source Wikipedia.

KERI related

KERI doesn't need total global ordering, whereas cryptocurrencies do need this. As a consequence has been designed, without the need of a consensus-based distributed ledger (blockchain).

KERI doesn't provide for a currency system, however a KERI-based system can be easily extended with a money - or token system.

See also Non Fungible Tokens.

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