Compute Power Token

Definition ∞ A Compute Power Token is a digital asset representing a unit of computational power, often on a decentralized network. Holders of these tokens can typically access or lease computing resources for tasks such as AI processing or data analysis. These tokens facilitate a liquid market for computational capacity.
Context ∞ The current situation involves increasing interest in leveraging blockchain to create more efficient markets for scarce computing resources. A critical future development will be the expansion of use cases for compute power tokens, particularly in areas requiring significant distributed processing for AI and scientific research.