#lorenzoprotocol $BANK The term "BANK token" can refer to two main concepts:
Digital Banking/Security Tokens: In traditional finance, a "banking token" is a small, physical device (or a mobile app feature) that generates a One-Time Password (OTP). These are used for Multi-Factor Authentication (MFA) to securely log into online banking or authorize high-value transactions, protecting against fraud.
Cryptocurrency (Bankcoin): There is a cryptocurrency called Bankcoin (BANK). It was historically associated with a crypto exchange as a profit-sharing coin, intended to allow traders to derive value from the platform. Its specific utility and market activity are limited today compared to major cryptocurrencies.
Tokenized Deposits: A modern concept is a "tokenized bank deposit," which represents commercial bank money on a blockchain, facilitating instant, programmable settlement.

