I'm trying to understand the concept of a third-party token. Could someone explain what it is and how it's used in the context of authentication or authorization?
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    WhisperEcho
    Wed Nov 06 2024
   
  
    A third-party network token serves as an alternative payment method.
  
  
 
            
            
  
    
    BonsaiGrace
    Tue Nov 05 2024
   
  
    BTCC, a leading cryptocurrency exchange, offers a range of services related to digital assets.
  
  
 
            
            
  
    
    CryptoLodestarGuard
    Tue Nov 05 2024
   
  
    This payment method can be stored internally by the partner or merchant.
  
  
 
            
            
  
    
    Lorenzo
    Tue Nov 05 2024
   
  
    Alternatively, it can be held by an external entity known as a Token Service Provider (TSP).
  
  
 
            
            
  
    
    Silvia
    Tue Nov 05 2024
   
  
    The choice of storage depends on the preferences and arrangements made between the parties involved.