Tokenization

Tokenization substitutes private information with distinctive identification signs, words, phrases, or "tokens." This procedure preserves all the sensitive data without jeopardizing the data's security. It may be utilized to increase the security of online transactions without adding extra expenditures for industry compliance and governmental regulation. Regarding data security, tokenization involves replacing a sensitive data piece with a non-sensitive version known as a token with no external or exploitable meaning or value.