andrewthomasus
New member
Digital transformation has sparked a growing interest in secure and efficient ways to handle assets and sensitive information. So, what is tokenization? It is the process of converting physical assets or sensitive data into digital tokens that can be securely stored and exchanged on a blockchain. Each token represents a part of the original asset, making transactions more secure and efficient.
Tokenization is increasingly used in finance, real estate, and other sectors to protect sensitive data. For example, instead of storing actual credit card details, tokenization replaces them with unique tokens, minimizing the risk of data breaches.
Through blockchain technology, tokenization also enables fractional ownership, making high-value assets like real estate more accessible for investment.
Tokenization is increasingly used in finance, real estate, and other sectors to protect sensitive data. For example, instead of storing actual credit card details, tokenization replaces them with unique tokens, minimizing the risk of data breaches.
Through blockchain technology, tokenization also enables fractional ownership, making high-value assets like real estate more accessible for investment.