Utility Token
A blockchain-based token that grants access to specific services—such as paying platform fees, unlocking premium features, or settling medical-tour payments—without conferring dividends or voting rights. Its value is driven mainly by actual demand and limited supply; regulatory frameworks usually treat it as non-security when properly structured.
Security Token
A digital asset representing an investment contract with profit-sharing or ownership claims, similar to stocks or bonds. Issuers must comply with securities regulations—prospectus filing, investor limits, and disclosure—despite using blockchain for transfer and custody.
