Tokenization Fundamentals
101blockchains.com
Tokenization Fundamentals
Tokenization is not just an intervention process for transforming asset representation and ownership. Learn more about it in the 101 Blockchains tokenization course.
Jun 2, 2022
Tokenization Explained
What is tokenization? Explained
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Encoding Vs Encryption Vs Tokenization.• Encoding: Think of it as changing the format of your data so that it can be properly consumed or transmitted. It’s not meant to be secret. Base64 is a common example. If someone sees encoded data, they can decode it easily.• Encryption: Encryption scrambles data using algorithms and keys so that only authorized parties can read it. Even if the data is intercepted, it’s meaningless without the key. AES and RSA are common encryption methods.• Tokenization:
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Encoding Vs Encryption Vs Tokenization.• Encoding: Think of it as changing the format of your data so that it can be properly consumed or transmitted. It’s not meant to be secret. Base64 is a common example. If someone sees encoded data, they can decode it easily.• Encryption: Encryption scrambles data using algorithms and keys so that only authorized parties can read it. Even if the data is intercepted, it’s meaningless without the key. AES and RSA are common encryption methods.• Tokenization:
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