This protocol is based on current hardware foundation of Ethernet and solves access conflict through token-control by creating virtual token on application layer.

该协议基于现有的以太网硬件基础，在应用层构造虚拟令牌，利用令牌控制来解决网络的访问冲突问题。

youdao

On the current market, replacing tools of money mainly include token money instrument, stored value card and virtual net money, which all belong to advance payment tools.

当前市场上的代币工具主要包括代币票券、不记名储值卡、网络虚拟货币，它们都属于预付式工具，从一般预付式工具到代币工具是一个货币性渐增的连续区间。

youdao

By the same token, what Iser is saying is that the space of meaning is "virtual" -this is the word he uses.

同样地，伊瑟尔说,含义所在的空间是“虚拟的“,他用的就是这个词。

耶鲁公开课 - 文学理论导论课程节选

In effect, the token would act as a keychain for a ring of virtual keys.

FORBES: Google Reveals Details About Its Plan To Fix Password Security