Data Tokenization: Exploring Its Use In Enhancing Data Security
Data security is one of the biggest challenges in the modern world. Each day, countless people send and receive highly sensitive data. Finding a way to keep this data secure — while also letting the right people access —it can be tricky. Data tokenization is one potential solution that could help to minimize the risk of data breaches. However, this helpful feature does come with some potential cons. Before relying on data tokenization, it's important to fully understand how it works. Keep reading to learn about the details of data tokenization.
Key Takeaways:
- Data tokenization is a type of security system that involves turning sensitive data into a randomized token.
- Data tokenization can be used for social media, NFTs and gaming.
- While tokenization and encryption may seem similar, there are significant differences.
What Is Data Tokenization?
Data tokenization is a type of security system that involves turning sensitive data into a randomized token. This token can be sent over a blockchain without revealing any details about the original data.