A crypto token is a cryptocurrency that isn't built on its own blockchain. All cryptocurrencies exist on a blockchain, which is a platform that stores data in a way that makes it nearly impossible to change, falsify, or replicate. In simple terms, a blockchain is a global network of computers called nodes. These nodes verify and approve all transactions on a blockchain, which are publicly available for all to see. Blockchains are decentralized, meaning there’s no central authority like a bank or a government to oversee its activities. Space crypto coin Blockchain promises to become a new foundation for all forms of transactions. A blockchain is a digital database that disintermediates and records transactions between parties. To achieve this, it cryptographically secures its records and relies on a distributed network to replicate its data across many locations. These features allow the block chain to operate as a self-sufficient network without a central authority or oversight. Blockchain transactions can take over services such as varied as payments, notary functions, supply chain management, identity and digital rights management. 

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