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Instead of centralized registrars, Namecoin uses cryptographic tokens similar to bitcoins to authenticate ownership of ".bit" domains.
Maidsafe, Storj and Factom are among the first projects to demonstrate how cryptographic tokens can be used in support of decentralized applications and infrastructure.
Secondly, a secure channel between servers can be built that is routed through the client by using cryptographic tokens.
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The certificate is a multi-factor software cryptographic token while certificate-based user authentication is a multi-factorial authentication.
By issuing a cryptographic token for developers to use, Hindi says they will incentivize devs to work on their platform and process data in a decentralized fashion.
For instance, the multi-factor software cryptographic token is the possession factor in a "certificate verify" message of the TLS protocol, and the token can be triggered by the knowledge factor or the inherence factor.
At the same time, they will issue a cryptographic token via an ICO to incentivize developers to improve the Snips platform, as an alternative to using data from consumers.
Indeed, the main threat to a cryptographic token in the real world is not the cryptanalysis of the actual algorithm, but rather the exploration of weaknesses of the implementation of the algorithm in the real world [11].
"We believe the cryptographic token used in the block chain addresses the privacy and security concerns in the art world by ensuring the anonymity of buyer and seller and other sensitive information".
The certificate is a multi-factorial software cryptographic token; and, in this respect, certificate-based user authentication can be called "multi-factorial authentication" because the user has the certificate file and knows the password required to decrypt the private key [12, 13].
Typically, SSO solutions are implemented with cryptographic access tokens.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com