Contents1 What is tokenization?2 Advantages of token:3 Encryption:4 Advantages of encryption:5 Uses of encryption and tokenization:6 Drawbacks:6.1 Tokenization:6.2 Encryption: What is tokenization? The process of converting meaningful data into random characters or strings known as the token. Whatever data you have such as account details, word files, excel sheets etc. all become meaningless when tokenized.
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